Product and service reviews are conducted independently by our editorial team, but we sometimes make money when you click on links. Learn more. When starting a new business, flying by the seat of your pants to get things off the ground isn't the best strategy. To set yourself up for success, having a well-thought-out business plan is a necessity. To ensure the plan covers all of the bases, many entrepreneurs turn to business plan software for help. Business plan software takes the legwork out of writing a business plan by simplifying the process and eliminating the need to start from scratch.
Need a Roadmap? Here's How to Write a Business Plan You'll Actually Use
14 Useful Tools for Writing a Business Plan
Whatever your reason for writing a business plan, the task will probably still feel like a homework assignment. A business plan is a roadmap describing a business, its products or services, how it earns or will earn money, its leadership and staffing, its financing, its operations model, and many other details essential to its success. Investors rely on business plans to evaluate the feasibility of a business before funding it, which is why business plans are commonly associated with getting a loan. Business planning is often used to secure funding, but plenty of business owners find writing a plan valuable, even if they never work with an investor. We'll also send you updates on new educational guides and success stories from the Shopify newsletter. We hate SPAM and promise to keep your email address safe. Get started.
GET YOUR BUSINESS PLAN
A business plan is essential at every stage of your business. By writing a business plan you are giving potential funders a reason to invest in you and you are giving yourself a reference throughout your business journey. Writing a business plan need not be confusing or difficult because of all the available resources on the web.
Product and service reviews are conducted independently by our editorial team, but we sometimes make money when you click on links. Learn more. Successful entrepreneurs know that getting the details down on paper is critical before starting any new venture. For help in the planning stages, many new owners use an online business plan service.