If you are a founder who is creating a business plan for the first time, we recommend that you use a tool. During the software-supported creation process, you will work through the structural elements step by step and answer predetermined questions. Furthermore, business plan tools utilize a plausibility check, which detects possible inconsistencies in your plan. With the aid of prefabricated wording templates, the tool will ultimately assist you in entering all of your entered data into a continuous text.
Most available tools help you create the entire business plan, including your budget and liquidity plan, but vary in price. The Enloop web app is an example of a powerful, comprehensive solution. With it, you can create one simple business plan for free, and more complicated ones by choosing from one of their different fee-based packages, the most expensive of which costs $39.95 per month. Another example of comprehensive business plan software is StratPad, which also allows you to complete one business plan for free, in addition to various fee-based options, of which a $179 annual payment is the most expensive.