Business plan software is used to create, manage, and share business plans for new companies or investments. This type of software helps users identify goals, strategies, and financial needs required to start a new business or launch a major project. A business plan should also describe the opportunities and risks related to the new company or project. Business plan software is used mostly by entrepreneurs who are starting a new company and in need of external investments. It can also be used by employees seeking funding for new projects.
This type of software should not be confused with strategic planning software, which is used for ongoing strategic operations. Strategic planning comes after a business plan has been implemented successfully. Business plan software may integrate with accounting software to generate financial statements or with document generation software to create documentation for investors.
To qualify for inclusion in the Business Plan category, a product must:
- Provide templates and business plan samples that can be customized by users
- Allow users to easily modify business plans by using features such as drag and drop
- Include functionality to customize business plans for branding purposes
- Help users define, and estimate the impact of, goals, opportunities, and risks
- Generate documentation related to a business plan, such as financial statements