Ultimately, a business plan will make financial forecasts and projections that will demonstratively prove why your business is a solid enough investment to risk putting money into.
Of course, even the best business plan relies on estimates and guesstimates, as it's impossible to predict market changes, developments, and future performance under such conditions.
As they have a 15 year track record, they offer a clean and simple interface, that can create business plans that look like they were done by an expert consultant, and the software includes a live dashboard that can track day-to-day performance.
Those with writer’s block will benefit from the over 500 included sample plans that can be turned to for inspiration.
Below we'll briefly cover a range of some of the additional options out there that are worth considering to get your business plan right.
Go Business Plans is more of a consultancy than a software solution, but is worth mentioning for the simple fact that it's one of America's biggest business plan companies.
If you're looking for funding to start a new business, or expand an existing one, you'll need to be able to take a working business plan to your bank or investor.
The whole point of a business plan is that it allows you to critically evaluate your strengths and weaknesses, not least via your Unique Selling Point (USP) and make product or service comparisons with competitors.
However, a business plan shows that you have properly and thoroughly researched your market, and details the real potential of a new business opportunity, which can then be referenced by yourself and investors.
A business plan means that you're serious about business - serious enough that other people can comfortably put their money into it.