Whether you are searching for avenues to secure funds for an existing business or setting up a new one, having a well crafted business plan will help outline each step you need to take in order to achieve maximum returns for the time, energy and money you have invested. Though there are services that will charge you at least four figures to write a business plan for you; there are also some business-plan writing apps that will provide you with the same business plan models, tools and research access at a cheaper rate. If you are a startup entrepreneur with a great business idea with huge potential for success but lack the resources, funds or time to create a business plan for your startup idea, here are 4 Apps to Help You Write a Business Plan. With these apps, you can conveniently work on your plan at your own speed rather than depending on someone else and their timetables 1:
A performance score helps owners understand plan viability A step-by-step writing option minimizes intimidation around writing the plan Automatic updates allow business owners to revise plans as needed Accurate, real-time financial forecasts are generated quickly and easily Collaborative plan writing with associates in or out of the office Evaluate your plan and score your company against others in your industry Millions of ideas are floated every day around the world; however, few take off to become the next Facebook or fastest-growing franchise opportunity of the year.
Ideas are everywhere, but the cold, hard data needed to make them a reality are frustratingly elusive to track down. Enloop is a business plan tool that helps entrepreneurs show what financially sets them apart from the pack.
Enloop is a product that essentially writes a business plan to help entrepreneurs determine whether their product, idea, or solution is actually a solid foundation for a viable business. For people who have a great idea but no real knowledge of how to launch a business or create a business plan, Enloop fills a much-needed gap.
How Enloop Works Enloop is an online service that prompts users about a variety of topics as they create a business plan. It uses templates to help business owners walk through core aspects of a business plan.
This automated approach forces users to consider actual data and facts as they build their business plan. That score can then be compared to the performances of other businesses in an industry or sector to determine how the new business will compete.
Not everything is done for you, however. Want to include a lofty-sounding mission statement? Think you should include specific information about the competitors in your space? You can control the way report sections print, stop Enloop from printing certain sections, and add personal touches here and there.
Understanding the odds of success is vital for any business. As entrepreneurs look for funding, they will run into many of questions about the viability of their business. Instead, they want to generate the best possible return on their investment.
This type of calculated, objective reporting is important to investors—and, therefore, critical for entrepreneurs to have when they go searching for ever-elusive funding. Plus, loan underwriters look for certain risk factors when evaluating a new business. Because Enloop targets those risk factors, the SMB that uses the solution can potentially place itself in a better position than a company that attempts to write a plan without help.
Why Bother Beyond the Freemium Model? The option, then, to use the service for a low monthly fee is an attractive one for many. The free tier provides one with solid but limited functionality. In a scenario where a potential investor offers input or asks the business to revise certain parts of the plan, starting from scratch again with the freemium option can be frustrating.
That is one of the advantages of the subscription model: One subscription model also allows for automatically updated financial-forecast data within the plan as changes are made to figures.
This feature is a strategically simple item that helps businesses keep up with continually changing market conditions.
Venture capitalists find this ability appealing because it shows that a business has a method for scaling up or down as needed. Simplicity Is Key The Enloop system literally guides you through the science of writing a business plan. At the same time, it offers a simple mix of high-level synopses and easily customizable minutiae.
The end-reports generated include modest charts and graphs in clearly presented PDF format. Plenty of other business plan solutions are available on the market that offer more bells and whistles, but when it comes down to the final product, Enloop has done a good job of helping users target the science and hard numbers investors and others want to see.
Especially in a free or low-cost version, business plan solution that tells you whether your plan is an A or an F moving forward can be a very valuable tool.Enloop business a great choice for business planning software plan the best strapped business as it is the rare offering that has a free tier.
The Best Business Plan Software of . Nov 30, · Enloop is a solid choice for those looking to build a business plan quickly. Good data syncing capabilities are enhanced by a solid collection of features, most of them customizable.
While its. These simple business plan templates can help entrepreneurs quickly write up their plans and get their business off the ground. Sep 07, · Among its features are – the Enloop performance score, sample plans that are highly customizable, and auto-write function for structured business plan.
One of the least expensive tools in the category, you can also upgrade it for advanced tools. business owners, accountants, entrepreneurs and students use Enloop to write and manage their business plans Team / Shared Users Invite your team, your accountant and your business partners to view and edit your plan.
Mar 09, · Enloop is a product that essentially writes a business plan to help entrepreneurs determine whether their product, idea, or solution is actually a solid foundation for a viable business.3/5(1).