All good business planning software has the same key elements that you would incorporate in a business plan created manually. A business plan must include an executive summary, a description of the company, information on its product or service, market analysis, strategy, implementation, management team information, and financial plans. Lets take a look at how business plan software will detail and assist with each of these crucial elements.
The executive summary, while it should appear first in your business plan, actually is written last as an overview of the entire business plan. Your business plan software will help you break this down into one or two pages. The next component of your business plan is the description of the company. You note here whether it is a sole proprietorship, a partnership, a limited liability corporation, or an S Corporation. You talk about the history of the business, and your plans to start it on its way. Here you would include advertising and marketing ideas. Your business plan software would prompt for these items.
Next on your business plan you would talk about each product or service that your company offers to consumers or other...