The standard edition of the software has many features, including more than 500 sample business plans, industry profiles and planning e-books.
The premier edition adds the ability to import data from Quick Books or Excel, visual cash-planning capability, valuation-analysis tools and additional financial tools.
Built-in advice and support include interactive guides, built-in sample plans and expert explanations.
Biz offers a contemporary online interface that is simple to use, while also providing enough flexibility for the advanced user.
Biz Plan Builder ranks highly for its multiuser capabilities, including the ability to share securely stored files over the internet.
The software includes everything needed for a customizable, professional business plan.The first part outlines the business's goals in the coming years and how they will be accomplished, Geiger said. What are the milestones on the path to accomplishing the goals? The first year includes monthly forecasts, and the second and third years have quarterly forecasts, Geiger explained.However, most entrepreneurs don't have an accounting background to help them make proper forecasts, he said. Geiger's own cash-flow forecast template forces entrepreneurs to carefully forecast all revenue and cost items, tells them how much money is needed and when it is needed and warns them of financial problems before they occur.The software allows other collaborators to access, edit and share information easily.Biz has recognized the significant advantage of providing applications that allow for online collaboration and integration with other services and products."The primary reason for all of these failures is that they run out of money," Geiger said."The fundamental reason for their financial problems is lack of planning." Some of these failures could have been prevented by having a business plan.Yearly business plans with cash-flow forecasts enable businesses to discover their impending cash shortages months, if not years, before they run short of money, Geiger said.To create a well-crafted business plan, your chosen software application should cover the two critical parts of a business plan. The second part is a cash-flow forecast, which typically covers a three-year span.Research and Forecasting Tools: Forecasting tools include a comprehensive budget/feasibility analysis using a best/worst case analysis.Models and financial analysis are also available to help users make the best assumptions, projections and financial determinations.