Comprehensive Business Plan

Comprehensive Business Plan-73
The drag-and-drop graphic forecaster lets users quickly and easily create graphs and charts.

The drag-and-drop graphic forecaster lets users quickly and easily create graphs and charts.

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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.

The first part outlines the business's goals in the coming years and how they will be accomplished, Geiger said. What are the milestones on the path to accomplishing the goals? The first year includes monthly forecasts, and the second and third years have quarterly forecasts, Geiger explained.

However, most entrepreneurs don't have an accounting background to help them make proper forecasts, he said. Geiger's own cash-flow forecast template forces entrepreneurs to carefully forecast all revenue and cost items, tells them how much money is needed and when it is needed and warns them of financial problems before they occur.

Research and Forecasting Tools: Forecasting tools include a comprehensive budget/feasibility analysis using a best/worst case analysis.

Models and financial analysis are also available to help users make the best assumptions, projections and financial determinations.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.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."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 standard edition of the software has many features, including more than 500 sample business plans, industry profiles and planning e-books.The premier edition adds the ability to import data from Quick Books or Excel, visual cash-planning capability, valuation-analysis tools and additional financial tools.Built-in advice and support include interactive guides, built-in sample plans and expert explanations.Biz offers a contemporary online interface that is simple to use, while also providing enough flexibility for the advanced user.

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