Business Plan Software
Business plan software is something that often gets overlooked
and isn’t considered to be a necessity for some reason. In my
opinion, business plan software is essential, it is not a luxury.
I am a huge advocate of business planning. When people ask me if
they need a business plan, my response is, “Absolutely!” You see,
starting a business without a business plan is akin to starting
college without a degree plan. If you don’t know where you are
going, you won’t know how to get there. You will waste your time
and your money if you are not following a plan. It’s really that
So, you know you need a business plan but what about business
plan software? For business planning, there are really three
alternatives: 1) creating your own business plan from scratch; 2)
hiring a business plan writer or business planning consultant; or
3) using business plan software to write your own business plan.
Each of these alternatives has its own advantages and
Writing your own business plan from scratch is certainly a
possibility. Doing so gives you the freedom to format and arrange
the plan in any way that you see fit. On the other hand, doing
financial projections, which are necessary for the purpose of
budgeting and financial planning can be difficult to do without
a business plan program, or at least financial projection
software or spreadsheets.
Hiring a business plan writer makes sense for some people. A… Read the rest