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Where to get business planning help

Why you need a business planThe good news for someone starting a business today is that there is a variety of help. Assistance includes Web sites, software designed to help you write a business plan and how-to books. There are even consultants who solely work on cranking out business plans.

Keep in mind that while it's perfectly fine to get advice or use a software program to get help, be sure that you do the work yourself. Take Cynthia McKay of Le Gourmet Gift Basket as an example.

"There are several sources through books and on the 'Net, but I relied on my passion and vision rather than someone's quick format to write mine," McKay says. Use programs and their boilerplate to get you started and to give you a framework, but don't rely solely on their wording. The discipline of writing the plan from scratch -- even with a little help from these tools -- will help you crystallize your idea.

Your audience -- backers, lenders, and other readers -- will see through and will be unimpressed by a totally prefabricated plan. Indeed, companies that squeeze the most out of their business plans don't just "write 'em and file 'em." Spend a couple hours each month reviewing and updating your plan. It will save you time and money in the long run and can help you troubleshoot and make your business more efficient and profitable.

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Use the writing of your business plan as an exercise to determine the feasibility of your idea and how you will make it fly.

Below is a list of resources:

Books

  • Business Planning: 25 Keys to a Sound Business Plan, by Ed Williams and Al Napier; New York Times Pocket MBA Series, 1999.
  • Anatomy of a Business Plan : A Step-By-Step Guide to Starting Smart, Building the Business, and Securing Your Company's Future, by Linda Pinson and Jerry Jinnett; Dearborn Trade, 1999.
  • Businessplan.Com: How to Write an Ecommerce Business Plan, by L. Manning Ross, Psi Successful Business Library -- Oasis Press; May 2000 (second edition).
  • The Complete Book of Business Plans: Simple Steps to Writing a Powerful Business Plan, by Joseph A. Covello, Brian J. Hazelgren; Sourcebooks Trade, 1994.

Web resources

Business plan preparers

These two sites offer to write your business plan for you. While we can't vouch for their work, you may want to consult with them should you need help in composing your business plan.

Software Sites

These are sites for companies that publish software that aids in business plan preparation. They do not offer any help above and beyond selling their software.

Jenny C. McCune is a contributing editor based in Montana
To comment on this story, please e-mail the
Bankrate.com editors

-- Posted: July 17, 2000

 

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