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Research and Forecasting Tools: Business Plan Pro provides more than 500 sample business plans covering several diverse business concepts.Additional resources are available to determine the best way to forecast numbers for marketing, cost per unit and other industry expenses.
Yearly business plans with cash-flow forecasts enable businesses to discover their impending cash shortages months, if not years, before they run short of money, Geiger said.
To create a well-crafted business plan, your chosen software application should cover the two critical parts of a business plan. The second part is a cash-flow forecast, which typically covers a three-year span.
Research and Forecasting Tools: Biz provides spreadsheet forecasting templates that can be customized and then imported with the final business plan.
A full marketplace will soon be launched, which will include access to business resources, as well as the abilities to add features to the business plan and send a completed plan to professionals for printing and binding.
If you want your business to have the best shot at succeeding, a well-crafted business plan is the way to go.
Having the right business plan software can help you get there."A business that operates without a business plan is a business that is on the road to financial failure," said Joe Geiger, president and CEO of First Nonprofit Foundation and an adjunct professor at Duquesne University's Graduate Program for Leadership and Ethics.[Free Business Plan Templates for Startups] Of the several million startups that launch each year, the vast majority fail within the first few years, he said."The primary reason for all of these failures is that they run out of money," Geiger said."The fundamental reason for their financial problems is lack of planning." Some of these failures could have been prevented by having a business plan.Help and Support: Supporting documents include business forms such as articles of incorporation, resume templates, team responsibilities and general partnership agreements, as well as personal financial statements, press releases, private offering disclaimers and stock-option tracking worksheets.Business-plan updates, business-plan FAQs, an online business-plan workshop and an expert referral network are also part of the program.Similarly, the business plan software you choose should delve deep into financial details, he said."The more specific a cash-flow forecast is, the better it is," Geiger said.Biz Plan Builder ranks highly for its multiuser capabilities, including the ability to share securely stored files over the internet.The software includes everything needed for a customizable, professional business plan.