The purpose of creating the template is not to speed up the process of deriving the final business report but thinking about your business in an intelligent, smart and planning fashion. While going through the various facts and ideas, you gradually get involved in looking at ideas and business models in a more critical way. Though this process may initially appear to be a waste of time, the process of creating the template also has the power to prevent a poor decision that could prove to be a disaster in the long run, if not properly addressed upfront.
The template itself provides guidance and milestones so that you can measure your progress. If you are not achieving the results you want, you can revisit the template to check that you have not overlooked something or misinterpreted what is required.