Generally, business plan software is
loaded with templates and sample plans, which make the job easier for you. And a lot of them also offer advice through a
help section or technical support. But
here’s the thing. There are already so many business plan software in the
market? Which one of these should you use? Over here, we bring you a quick
review of the topmost choices.
1. Business Plan Pro
Business Plan Pro is interactive
software which offers comprehensive features and has an easy to understand interface.
You are asked a few questions. Your answers to them are used for creating a suitable
plan through a step-by-step process. The software also has more than 500 samples
to give you a better idea.
One feature that we particularly
love about Business Plan Pro is the Keep It Simple feature. If you formulate a
plan using this option, you can share it over the internet for feedback. You
can also submit it to SecurePlan.com which will get back to you with their analysis
and comments about your plan.
Business Plan Pro is available in
two versions: the Standard edition and the Premier addition. The latter of these
has more features like Business Valuation tools and Cash Flow Planning. For Canadian
consumers, there is a separate version available.
2. Plan Write Business Plan Software
Offered by Business Resource, this
software also helps you create a plan through an interview based process. At every
step, you are given guidance so that you can write down a proper and effective plan.
Compared to other options out there, Plan Write Business Plan software offers more
flexibility. It has an outline view,
which easily lets you traverse from one section to another. Plus, this view
allows you to insert text, spreadsheets and charts wherever you like in the
document. Plan Write also offers a wide range of sample business plans and necessary
financial documents.
In terms of help and support, there are plenty
of online tutorials available. You can also avail support for free through
phone an email. If you buy the Expert
edition, you get to enjoy the MBA Wizard, which is actually a virtual consultant
and gives you an opinion about the practicality of your business plan.
The only negative part of Plan Write
Business Plan software is that it caters to American consumers only, and does
not support currencies and tax laws of other countries.
3. PlanMagic
Like Plan Write, the best part about
PlanMagic is the flexibility which it offers. The software in available in many
versions, each of which is related to a specific industry such as Bed and
Breakfast, PlanMagic Retails and
PlanMagic Construction. Plus, the software is based on many languages including
both English and Spanish. It supports a number of currencies, which allows you
to handle both VAT and GST rather than just US sales tax.
Based on a browser type interface,
PlanMagic comprises of simple and easy to use wizards for creating a plan
suitable for your business. Sample plans and a complete guide are also offered
to help you out.
PlanMagic is available in the Standard
and the Advanced version, which has more features such as long range planning
and supports more financial options.
4. Business PlanWriter
The Business PlanWriter software
asks you a set of questions and then preparers a pan for you. Compared to other
software, the resource base of Business PlanWriter is more comprehensive, including
over 250 samples. There are also several case industry profiles and case
studies, which you can go through for additional help. The software also offers
a clip art package which you can use for illustrating the business plan.
Business PlanWriter allows
financials to be automatically created. If required, you can update them
through a simple process. With the PlanAudit feature, you can also check for
errors and then rectify them. The Multi-User Plan Collaboration feature is a great
one, but you get this only if you buy separate membership.
5. BizPlanBuilder
The BizPlanBuilder comprises of a
number of the documents on the MS Word format which you can edit to form your
business plan. The documents can also be customized and text can easily be
added in any part of the plan.
The BizPlanBuilder stands out among
business plan software programs for two main reasons. First of all, there is a
expert comments features which will guide you through the entire process and
help you write a proper business plan. Secondly, the software offers remote
access which allow you to work on the business plan and then share it with the
rest of the team through any location. Plus, unlike many other software,
BizPlanBuilder also has separate version for Mac users.
6. EBP Business Plan Designer
EBP Business Plan Designer is
interactive software with some really good features. The software allows you to
create your business plan through a wizard, making the process simpler for
you. EBP Business Plan Designer also has
features which can forecast future sales, profits, loses and cash flows
automatically. The software also
prepares balance sheets, tables and graphs when you have entered all basic
data. If you want to import tables and graphs from other sources, that is also
possible.
Unlike other programs, EBP Business
Plan Designer does not have a huge database of samples and does not offer
evaluation tools as well.
So which of the above software are
you planning to use? Purchase it and start working on your plan so that you can
steer your business on the path toward success.
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