Interactive Business Plan

Business plans are more than just the paperwork you need to fill out for funding.

Business plans are more than just the paperwork you need to fill out for funding.A good business plan helps you identify your mission and your value proposition.

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These solutions may prompt you to respond to issues that you might not have thought to address. Do the Numbers Ultimately, a business plan shows how your company will make money.

Even the simplest plan needs to include financial reports such as charts for profit-and-loss, balance sheets, and month-by-month and yearly projections. Context and Analysis Some business plan software solutions (such as Equity Net and Editors' Choice Palo Alto Software Live Plan) help you compare your numbers to others in your industry, including regions and company size.

Jumpstart your business plan by downloading our free business plan template in Word format.

Used by over 500,000 entrepreneurs, our investor-approved template will save you time and make the business planning process much easier.

Even better, many of the products we review in this business plan creation tool roundup back up their software offerings with in-person coaching and mentoring as well as loads of online learning resources, like videos and how-to articles.

The 10 online business plan software solutions examined in this roundupeach promise to help you construct a polished business plan, with all of the numbers and narrative you need.The plan looks at how you expect the business to perform, the risks you face and the financial returns you anticipate.Whether you are starting a new business or looking to grow, preparing a business plan helps you think through important issues and decide your approach.The slew of initial ideas hastily scribbled on napkins or perhaps simply forgotten entirely.Many great businesses started with these same events, but millions more never got beyond them.Fortunately, there's plenty of help if you know where to look, especially if what you really need is a written business plan that simply communicates a clear vision.This will help you attract the right people and resources to implement your idea.Business Plan Structure Business plans have a lot of elements, some of which won't occur to someone who hasn't written one before.Ideally, the business planning software solution will walk you through each section that is appropriate for your class of business, ensuring you answer all of the relevant questions.It helps you identify some potential pitfalls before you make them and it can help you set the direction for your business and communicate your plans with banks, investors, employees and suppliers.Our business plan tool offers a ready-made template for you to complete, covering some of the key areas you need.