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Designed for entrepreneurs who are itching to get started, this simple business plan template asks a handful of questions that you can easily answer in one or two sentences.The plan covers everything from what you plan to sell and who will buy it to how you will get paid, "hustle" to find customers, foresee challenges and overcome obstacles in a single page.So why should their initial business plans include these things?
For those who take the time to research and write a plan, though, they often find that it helps them identify risks and possible roadblocks – and they can circumnavigate a detour that still lets reach their destination – a successful, thriving business.
[Check out our best picks for business planning software] While writing a business plan can be frustrating (especially when you're writing one from scratch), there are plenty of online templates available to take some of the pain out of the process.
To get started, users enter basic information about their businesses, including product details.
From there, Enloop's software uses metrics to predict the financial performance of the company compared with other similar companies in the same sector.
According to CEO Cynthia Mc Cahon, Enloop's goal is to help entrepreneurs make better-informed decisions.
Users can get started on Enloop for free; more advanced, paid options are also available, which range from .95 per month to .95 per month.
Then, if your plans change, you can easily remove a note, move it around or add new ones to better fit the direction in which your business is headed.
Financials are often the most confusing and difficult aspect of a business plan for new business owners.
You also have access to free pitch script templates, marketing tools, coaching and collaboration features.
You can upgrade to paid plans that give you access to more tools, tutorials and other features.