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Templates · Business & strategy

Free 5-Year Plan Template for Business Strategy (Sheets, Excel, PDF)

A 5-year plan template turns a long-term vision into goals, initiatives and measurable targets for each year, so the business or team knows where it is heading and how progress will be judged.

Written byProject management editorial team
  • Published
  • Google Sheets · Excel · PDF
5 year plan template

Free download · no sign-up

Get the 5 year plan template

Pick your level and format: Google Sheets, Excel or a print-ready PDF. Spreadsheets include dropdowns, formulas and sample rows you can overwrite.

Beginner

Essential columns only, one tab. Quick to fill in.

1 tab · 4 columns

GSheetsXExcelPPDF
AdvancedMost popular

The full template with every tab, dropdowns and formulas.

1 tab · 6 columns

GSheetsXExcelPPDF
Expert

Adds instructions and revision history.

1 data tab + instructions and revision history

GSheetsXExcelPPDF

5-Year Plan Template preview

5-year plan
AreaYear 1Year 2Year 3Year 4Year 5
Vision (where we will be)
Strategic goals
Key initiatives
Products / services
Markets / customers
People and capabilities

Sample rows are examples: replace them with your own.

What's included

  • Year-by-year grid for vision, goals, initiatives, products, markets, people, revenue, metrics and risks
  • Automatic year-on-year growth
  • 5-year plan: Area, Year 1, Year 2, Year 3, Year 4, Year 5

How to use the 5 year plan template

  1. Write a clear five-year vision.
  2. Set two to four strategic goals and how they evolve each year.
  3. Plan the key initiatives, products and markets by year.
  4. Enter revenue targets; growth calculates automatically.
  5. Turn year 1 into an annual plan with OKRs and review the plan every year.

Tips for getting the most from it

  • Make year 1 detailed and later years directional.
  • Base targets on realistic assumptions.
  • Link the plan to budgets and hiring.
  • Revisit after major market changes.

Learn more

Frequently asked questions

What is a 5 year plan template?

A 5 year plan template sets out a long-term vision with goals, initiatives and targets for each of the next five years.

Is this 5 year plan template free?

Yes. The 5 year plan template is free in Google Sheets, Excel and PDF.

Can I use the 5 year plan template for a business?

Yes. It works as a five-year business plan template focused on strategy and targets.

Can I use the 5 year plan template for strategic planning?

Yes. It is a simple strategic planning template; add a SWOT or competitor analysis for context.

How detailed should a 5 year plan template be?

Detailed for year 1, increasingly directional for years 2 to 5.

How often should I update the 5 year plan template?

Review the five year plan every year and roll it forward.

What is the difference between a 5 year plan template and a business plan template?

A business plan describes the whole business; a 5 year plan focuses on long-term goals and targets.

Can I use the 5 year plan template for personal goals?

Yes. Replace the areas with career, finances, health and learning.

How does the 5 year plan template calculate growth?

Growth = this year's revenue ÷ last year's revenue − 1.

Can I download the 5 year plan template as a PDF?

Yes. Use the PDF button for a printable five year plan template.

What is the difference between the beginner, advanced and expert 5 year plan template?

The beginner 5 year plan template keeps only the essential columns on one tab; the advanced version is the full template with every tab, dropdown and formula; the expert version adds instructions and revision history.