Business Plans and Software

4 Replies

I was wondering if anyone has any information on free software for writing business plans? If so would you please share.

The reason I ask this is I was searching for business plans and came across this one:

http://www.planware.org/freebusinessplan.htm#3

Does anyone have any information pertaining to this site and it's business plans? If not Please bear with me as I try it out and see how user friendly it is. The only reason I bring it to this site is because of the FREE INFORMATION that we share, and this is suppose to be freeware.

Harold F. Hawkins II

I'm sure there are a few business plan templates out there, but I'm not sure software would help you other than a word processor.  A business plan is so dynamic and unique that your plan should be the special sauce that your business brings to the market.

If you are following a common real estate strategy, then your business plan can probably be modified from an existing one to suit your market.  However, you should always aim do provide a service or special angle to the market that others are not.  Investors seek specialists who can explain their unique proposition and demonstrate its effectiveness.

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@Harold H.  There are a bunch of business plan templates available online. I would tend to think learning a new software just for business planning would be an extra unnecessary step. Your business plan should be an extensive document that outlines your strategy for each business discipline (free templates available all over the internet). Your presentation should then be a quick overview of that plan that you can pitch to investors. 

That being said I do have a recommendation for the planning process. When you're planning out your business it might be useful to use Mind Mapping software such as xMind. This will allow you to easily map out all of the various silos of the business. http://www.xmind.net/ Once you have a mind-map it should be much easier to fill in a business plan template that you find online.

Originally posted by @Benjamin Arp:

@Harold H.  

That being said I do have a recommendation for the planning process. When you're planning out your business it might be useful to use Mind Mapping software such as xMind. This will allow you to easily map out all of the various silos of the business. http://www.xmind.net/ Once you have a mind-map it should be much easier to fill in a business plan template that you find online.

 Hi Benjamin, thanks for the advice on Mind Mapping a plan.  I've heard of Mind Maps used for other purposes, but was skeptical as it seems more of a brainstorming tool than a planning tool.  Planning to me involves time and completion of things along the way, but a mind map just looks like an organized bunch of ideas.  I took a look at Xmind based on your recommendation and their screenshots make it look like it is geared specifically towards project planning.  So, I'll give it a try.  Thanks.  Keith.

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