Business Plan Software Review

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The $100 Startup, the website for the best-selling book of the same name, has a ton of stripped-down resources for entrepreneurs, including this super simplified business plan template.

This one says you just have to answer a few simple questions and will be "done before you know it! A business plan should take time and a lot of homework, but if you've already done that, Law Depot's template is a decent choice.

Bad location, a marginal niche, having no specific user in mind, raising too much or too little money--all of these issues can be prevented or at least mitigated with good planning.

Creating your business plan is more than just getting your ideas down on paper for potential funders to see.

Any funder worth his or her salt wants to see it right off the bat.

Moreover though, a solid business plan is a living document that will continue to guide your efforts as your business grows.

Recently, I shared 18 Mistakes That Kill Startups, an infographic created by Mark Vital over at Funders and Founders.

A lot of those mistakes (most of them, in fact) are the result of poor planning.

Even broken into sections, it's a long document and a bit of a slog to get through, but it produces a professional-looking and useful business plan.

This is particularly helpful if your idea isn't fully fleshed out and you know you have homework to do--it prompts you for information.


Comments Business Plan Software Review

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