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Go Business Plans | Business Plan

Expert business plan writers.

Plan the Launch & Growth of Your Business

We are the largest and best rated business plan company in the United States. We specialize in providing high-quality, comprehensive and beautifully designed business plans at a competitive price point. Our business plans can be used for strategic planning, internal planning, investor fundraising and bank funding. We are the best in the business. Don’t settle for anything less! 

• Business.com's #1 Business Plan Company (2016-2022)
• Trusted by 12,000+ Clients within 150 Industries
• Five-Star Rating Across All Review Platforms

Increase Your Chances of Raising Capital

You have only one chance to make that crucial first impression with investors and lenders. A detailed and well-drafted business plan is the key to making your path to funding shorter and simpler. Our business plans writers and consultants handle everything for you so that you are completely prepared for your investor, bank, or grant meeting.

• Suitable for Lenders, Angel Investors & VC/PE
• $3+ Billion in Debt & Capital Raised over 10 Years
• Proven to Increase Funding Odds by 5x

Get Your Free Business Plan Writing Proposal

What you'll get:.

• Business Plan Content Advice
• Market Research Advice
• Business Plan Review
• Our Business Plan Process
• Custom Marketing Advice
• Custom Funding Advice
• Why We Are The Best Choice
• What We Charge

Experienced Business Plan Experts & Advisors at Your Service

Our Proven Engagement Process

Interviews with management team, conduct strategic market research, develop financial projections, business plan documentation, draft review call, editing process & final delivery, expect the absolute best, experienced consultants.

We partner you with a team of senior consultants who have helped entrepreneurs in over 100 industries. No salespeople, junior analysts, or outsourced vendors.

Strategic Advisory Process

We don’t just document your ideas onto paper. As your consultants, we brainstorm, research, and recommend the best strategies to launch and grow your business.

Fully Customized. No Templates.

No templates or long questionnaires. We work with you to strategize your business and build a customized plan to represent your unique vision.

Cost Effective & Results Driven

We understand that time is money. We guarantee the highest quality work at the most competitive price, handling all business plan writing and research so you have more time to focus on launching and growing your business.

Over $1 Billion in Funding Raised

We understand the requirements of financial institutions, angel investors, and institutional capital partners. Our clients also get access to our investor and bank network, that we have built over multiple years.

Growth Strategy Implementation

The business plan is just step one in our process. We can help you through every stage of growth. Including creating a website, generating leads, implementing effective marketing campaigns, bookkeeping, and a lot more.

Market Research Access

We have access to more than 15 reputable market research databases at our disposal, including IBISWorld, Euromonitor, Hoovers, Mintel, Statista, Freedonia, Frost & Sullivan, Forrester, and First Research.

Best Quality, Competitive Pricing

We offer professionally developed business plans at competitive prices. We provide the highest quality business plans in the industry at rates that are half of the price that some of our competitors charge.

Award Winning Service

Guaranteed to exceed your lender & investor's expectations.

Our business plans have helped over 5,000+ companies across 150 industries acquire over $3 Billion in debt and equity funding. We build well-researched, comprehensive business plans that provide you with the highest probability of approval. 

Includes your company’s general ownership, incorporation information, operational timelines, and key hiring needs.

Our Clients Are Our #1 Priority

Katharine Walker

Kendra Hendricks

Ronkot Design

What You'll Get In Your Free Proposal

• Business Plan Review​

Get Started with America’s Best Rated Business Plan Writing Service.

Schedule your consultation and see why thousands of small business owners trust Go Business Plans with their business planning.

Business Type Existing Business Start-Up

Business Plan Investor Funding Bank Funding L1 Visa E2 Visa EB5 Visa EB2 Visa Business Plan Edits Start-Up Consulting Strategic Planning Other

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• Investor Presentation

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• Bank Business Plan

Immigration

• E2 Visa Business Plan

• EB-5 Visa Business Plan

• L1 Visa Business Plan

Fully Customized Business Plans – No Templates

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Your Passion

Fuels our expertise, top use cases, results-driven business plans.

Designed for startups and early-stage companies seeking professional investors and institutional capital to grow, scale, and exit their businesses. We will prepare your investor-ready deck, business plan, and outreach campaign for funding.

SMALL BUSINESS AND M&A

Geared for franchise owners, startups, and small business owners seeking funds from lenders and alternative capital sources. We will get you bank-ready and introduce you to lenders.

IMMIGRANT ENTREPRENEURS

Tailored for international entrepreneurs who want to do business in the USA. We will facilitate your business visa and offer you solutions for a soft landing.

Below is our recent portfolio

• Investor and Bank Plans
• Immigration Business Plans
• Industry Specific Plans
• Pitch Decks

TESTIMONIALS

What our clients say about us.

THANKS FROM CUSTOMERS

Matt and his team delivered what was expected. A professional looking plan that ultimately allowed us to obtain the funding we were seeking. Thank you

Matthew and his team have come though for me more than once, delivering business plans of far greater quality than anyone I have used in the past. As an entrepreneur, these plans have been instrumental in gaining the trust and financial investment needed to grow my businesses. I highly recommend The Plan Writers

I have an MBA but come more from the marketing side and needed some help putting together the financial worksheet for my business plan. Matt was great at quickl y cutting to the core needs for my purpose and helped me to get focused and clear on what the scope should be at this juncture. I appreciated his ability to bring the perspective of someone who has seen many plans and not let me over-complicate it too soon. He was very clear with me on what expectations were reasonable for our agreement and made sure that we were on the same page about that. We also had a followup call where we talked through everything, he answered my questions, and made a few adjustments to better refine things once I was able to look it all through and understand better how various parts related to my end goal. Although it was an investment financially I feel it is ultimately less expensive in the early stages to work with someone (Plan Writers) who can fill in the gaps and help you get past your personal hurdles before investing in expanding your team.

I hired Plan Writers to write my business plan. Matthew was efficient and pleasant to work with he assigned me to my writer his name is Alex Durig. Alex is noth ing short of amazing he has consistently been a god send to me an actual life coach (in my head) no matter how many questions I have he always answers and has helped above and beyond. With Plan Writers you do not only hire a client but you build solid relationships with resources beyond your imagination I will refer them to anyone. Thank you guys for your support and helping me get to the next level in my life.

Matthew from Plan Writers gave me a review of my business plan/pitch deck and gave me great feed back. He was very thorough with his assessment and helped a gre at deal. I would highly recommend their services. I am reaching out again to follow up for more help and to potentially have Plan Writers rework my whole plan!

Really bright group of people. They took our input and drafted an excellent strategic internal plan for our gaming company. Matt is a cool guy, easy to work wit h, gives solid advice. 10/10

I wish there were more stars I can give this company. First off let me start by saying I researched a lot of business plan writing companies and from the beginning this one stood out by their kind and warm demeanor and just how much they offered to help new business owners. From the beginning I was told that they can help me with all the numbers because I was not knowledgeable about any of it. I had a vision in my head and I had no idea how to put it to paper. From the first consultation call they assured me that they would be able to do this for me. They went above and beyond my expectations. I was so blessed and I am so grateful to have gotten the writer Nelly! During the intake phone call I was driving on my way to the airport speaking very quickly and she got every detail down and put it into the plan perfectly and beautifully!!!! Anytime I had any questions she was always available and happy to help!!!!!!!! I cannot stress enough how much this company and my writer have been a God sent! When I got the first draft I was blown away how beautiful and professional it was but then I was notified that it still had to be sent to the graphic designer! I was satisfied at that point! But when I got it back from the graphic designer I literally cried!!! My business plan is beyond beautiful, it's so professional I cannot believe what a great job this company does!!! It is worth 100% every single dollar spent!!!!! Not to mention the turnaround time is unbelievable!!! Thank you thank you so much to The Plan Writers, I am so grateful for all your hard work and how awesome the whole company is from the sales person, customer service, to my writer and the graphic designer!!!!!! Top quality service and end product!!!!

I just got off the phone and some of the most helpful yet accessible Writers. Matt was exceptional through all of my questions, I was asking every question needed and he directed me in the right path. I would definitely recommend this service for all needing a business plan, they educate and uphold your standard.

After a few months of working to start my first dental practice, I needed some guidance when it came to the financial side of things. I have zero background in business and I was referred to Matt Khalili for help. He provided me with a high quality business plan and set me up to start the practice correctly. Matt took his time to give me any explanations I needed and was willing to answer any of my concerns. Although it was a little pricey, Plan Writers left me with an amazing business plan that I was proud to show my potential investors. I highly recommend Matt and his team to anyone looking for guidance to start their new business!

I have an MBA but come more from the marketing side and needed some help putting together the financial worksheet for my business plan. Matt was great at quickly cutting to the core needs for my purpose and helped me to get focused and clear on what the scope should be at this juncture.I appreciated his ability to bring the perspective of someone who has seen many plans and not let me over-complicate it too soon. He was very clear with me on what expectations were reasonable for our agreement and made sure that we were on the same page about that. We also had a followup call where we talked through everything, he answered my questions, and made a few adjustments to better refine things once I was able to look it all through and understand better how various parts related to my end goal. Although it was an investment financially I feel it is ultimately less expensive in the early stages to work with someone (Plan Writers) who can fill in the gaps and help you get past your personal hurdles before investing in expanding your team.

The best and most professional business and resume writers I've met! Matt and Kerry was very responsive, professional and knowledgeable. They helped me to create a business plan for my food business and also working on my resume. Matt and Kerry helped me personally and they made my plan and resume very successful. Their opinions, suggestions and advices made everything way better than expected!The best you can get.

Excellent and detailed business plan. This helped our company get financing. Would definitely use them again.

Jacob and his team exceeded our expectations. I would highly recommend Plan Writers for any business starting out who's trying to define their roadmap to succes read more... read more...s, or a well established one that's looking to reinvent themselves and anything in between.

I worked with this company to produce my business plan to secure funding. If your looking for a reputable and knowledgeable company to write your plan, look no further. I was hesitant and scared about the whole process at first, I considered cheaper options and even doing it myself. I was unsure of the professionalism and customer service of this company. After reading through the reviews I decided to give them a shot. Well, I made the right decision. From the start to the end it was a completely professional experience. I genuinely feel the dedication, value, and final product delivered; matched or exceeded what I paid for. I want to give a special shoutout to my actual plan writer, Alex Durig. He showed exemplary, enthusiasm, research, knowledge, and dedication to my plan. I am truly happy with this company and Alex. I am now confident I have the backing of a professional plan to move forward with seeking funding. Do not make it yourself or pay a different company. This is the spot. Work with this company and your plan is taken care of. I also want to mention that I still have the feeling, and know, that this company and Alex are still available to me for a range of things that could further assist me in my endeavor; a huge amount of them at no additional charge. From the final product, to the customer service, to their continued contact with me, I am truly happy I chose this company. - Tristan, Owner of Kloud9Kava. Check my website! kloud9kava.store

I cannot speak more highly of The Plan Writers. They have an outstanding, well thought out process, that produces a direct result and level of accuracy I have never experienced with any business planning firm previously.

David at Plan Writers made it possible to meet our deadline for the business plan that we needed for my siblings E2 visa application, he was very accommodating considering the tight deadline that was given to their team. Sanya put our business plan together and she's phenomenal! Very knowledgeable with the E2 requirements for the business plan, she's very patient, detail-oriented and just great to work with! She made the whole process seem so easy and enjoyable despite of the time crunch. The graphics that Irina did is amazing and Henry is very helpful in the overall coordination of this project. It's a well-put together business plan that got my siblings approved for their E2 visa. I highly recommend this team if you want to succeed in your application, such an enjoyable experience working with this team!

Working with Alex was a absolute pleasure and a game-changer for my business plan. His expertise, encouragement, and unwavering patience were instrumental in shaping my vision into a comprehensive plan. Alex's dedication to my project was evident in his responsiveness; he consistently answered all my questions promptly and thoroughly, ensuring I felt supported every step of the way. Not only did Alex provide invaluable assistance with writing and number crunching for my business plan, but he also served as a remarkable mentor throughout the process. His guidance helped me navigate complexities with ease, instilling confidence and excitement in bringing my vision to life. I highly recommend him to anyone seeking exceptional support in their entrepreneurial endeavors. Thank you, Alex for your outstanding service!

My business mentor recommended Plan Writers, so happy he did. The initial meeting with Matthew was very professional and informative. I was sold. Alex D. really knocked it out the park, provided me with invaluable advice and feedback. He worked with me and kept things realistic. I highly recommend the Plan Writers for your business needs.

Outstanding, fast, and thorough work on a robust business plan to launch a new practice in an existing consultancy. Grateful for the great service and collaboration, not to mention smart amd professional writers. Strongly recommend!

Working with Plan writers has been such a great experience! They are so talented in writing successful business plans that are easy to understand and aesthetically pleasing. Perfectly designed to be presented Next time I need business services I will work with Plan writers again!

I worked with The Plan Writers to develop multiple business plans, and I was blown away by their service. The team was incredibly patient, kind, and supportive, and they delivered meticulously crafted plans that exceeded my expectations. I highly recommend The Plan Writers to anyone looking for professional business planning services. Their patience, care, and expertise will help you take your business to the next level.

I definitely recommend planwriters services. Not only did Matt Khalili, the CEO, provide personal guidance throughout my project, but his expertise played a pivotal role in realizing my objectives. Great experience working with them!!

This is the company to go with for your business plans and ask for Amy Casil. I was on a very strict timeline, and gave her short notice (5 days) but she was still able to get it done and wrote me a plan that had my application approved by the state. Reasonably priced compared to other companies, and worth every penny. Thank you AMY!!!!

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This insightful webinar, hosted by Mark Wald on Sprchrgr, delved into the investor's mindset, providing invaluable perspectives from an actual angel investor. Attendees learned practical strategies for successful fundraising and got an inside look at what investors are ...

Early-stage founders joined this engaging webinar to decode the complexities of deal-making. The session featured unique perspectives from the Cofounder Labs community, highlighting the critical steps and strategies to secure investment and drive growth.

Partnering with a premier accelerator in Los Angeles, this webinar was celebrated as the most impactful educational fundraising workshop in their history. Participants received comprehensive guidance on navigating the fundraising ...

Focused on advanced growth strategies, this webinar equipped startups with actionable insights and tools to scale effectively. Industry experts shared their knowledge on optimizing business operations, expanding market reach, and maximizing growth potential.

This webinar provided a deep dive into actionable strategies for startups, focusing on metrics-driven growth and performance optimization. Participants gained valuable insights from industry leaders on how to leverage data to drive business success.

This conference provided comprehensive insights into the evolving plant industry, covering regulatory changes, market trends, and investment opportunities. Our participation underscored our commitment to staying ...

At this prestigious conference, we showcased our leadership in the EB-5 investment space, connecting with key stakeholders and presenting our innovative solutions. The event was a significant opportunity to discuss the latest trends and regulatory updates in the EB-5 program.

At the 2022 Expert Dojo Investor Festival, The Plan Writers proudly stepped up as sponsors, showcasing their commitment to fostering innovation and entrepreneurship. This prestigious event brought together a vibrant community of investors and startups, providing ...

Meet our professionals

MATTHEW KHALILI CHIEF EXECUTIVE OFFICER

JOHN DOGAN SENIOR CONSULTANT

DAVID HATTON VICE PRESIDENT, BUSINESS DEVELOPMENT

PAUL ALEO SENIOR CONSULTANT

SANYA NOVIC IMMIGRATION VISA CONSULTANT

ALEX DURIG SENIOR CONSULTANT

NEELISHA VADHER ASSOCIATE CONSULTANT

IRINA KRASKO GRAPHIC DESIGNER

MATTHEW IP RESEARCH ANALYST

AMY CASIL SENIOR CONSULTANT

JACOB MCCLARNON SENIOR CONSULTANT

PETE FLORA RESEARCH ANALYST

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What to expect on your consultation:

• Discuss your needs
• Advice on your business concept
• How to best achieve your goals
• Our approach to writing your plan
• What we charge for your project

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Home > Business > Business Startup

• 5 Best Business Plan Software and Tools in 2023 for Your Small Business

Data as of 3 /13/23 . Offers and availability may vary by location and are subject to change.

We are committed to sharing unbiased reviews. Some of the links on our site are from our partners who compensate us. Read our editorial guidelines and advertising disclosure .

A business plan can do a lot for your business. It can help you secure investors or other funding. It can give your company direction. It can keep your finances healthy. But, if we’re being honest, it can also be a pain to write.

Luckily, you don’t have to start from scratch or go it alone. Business plan software and services can help you craft a professional business plan, like our top choice LivePlan , which provides templates, guidance, and more.

You’ve got quite a few choices for business plan help, so we’re here to help you narrow things down. Let’s talk about the best business plan tools out there.

• LivePlan : Best overall
• BizPlanBuilder : Most user-friendly
• Wise Business Plans : Best professional service
• Business Sorter : Best for internal plans
• GoSmallBiz.com : Most extra features
• Honorable mentions

Business plan software 101

The takeaway, business plan software faq, compare the best business plan software.

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LivePlan: Best overall business plan software

Data as of 3 /13/23 . Offers and availability may vary by location and are subject to change. *With annual billing

LivePlan has been our favorite business plan software for a while now, despite the stiff competition.

There’s a lot to like about LivePlan. It has pretty much all the features you could want from your business plan software. LivePlan gives you step-by-step instructions for writing your plan, helps you create financial reports, lets you compare your business’s actual financials to your plan’s goals, and much more. And if you ever need inspiration, it includes hundreds of sample business plans that can guide your writing.

LivePlan software pricing

But the best part? You get all that (and more) at a very competitive price. (You can choose from annual, six-month, or monthly billing.) While LivePlan isn’t quite the cheapest business plan builder out there, it’s not too far off either. And if comes with a 60-day money back guarantee. So there’s no risk in trying LivePlan out for yourself.

With a great balance of features and cost, LivePlan offers the best business plan solution for most businesses.

BizPlanBuilder: Most user-friendly

Need something easy to use? BizPlanBuilder fits the bill.

BizPlanBuilder doesn’t have a flashy, modern user interface―but it does have a very clear, intuitive one. You’ll be able to see your plan’s overall structure at a glance, so you can quickly navigate from your title page to your market trend section to that paragraph on your core values. And as you write, you’ll use a text editor that looks a whole lot like the word processing programs you’re already familiar with.

BizPlanBuilder software pricing

Data effective 3/13/23. At publishing time, amounts, rates, and requirements are current but are subject to change. Offers may not be available in all areas.

BizPlanBuilder also offers lots of helpful guidance for actually writing your plan. It gives you pre-written text, in which you just have to fill in relevant details. It offers explanations for what information you need to include in each section of your plan and way. It even gives you helpful tips from experts, so you’ll have all the information you need to plan like a pro.

So if you want planning software with almost no learning curve, you’ll like BizPlanBuilder.

Wise Business Plans: Best professional service

• Custom quote

Unlike all the other companies on this list, Wise Business Plans doesn’t offer software. Instead, it offers professional business plan writing services―meaning someone does all the hard work for you.

Now, you might think that sounds expensive―and you’re probably right (you have to request a custom quote for your plan). But there’s a lot to be said for expertise, and Wise Business Plans has plenty of that. Your business plan will get written by an experienced writer (with an MBA, no less). They’ll get information from you, do their own research, and then write your plan. You get one free revision, and you can always pay for more.  

Wise Business Plans service pricing

Your end result will be a polished, entirely original business plan. (You can even get printed copies.) And best of all, you won’t have to spend your precious time working on the plan yourself. Wise Business Plans takes care of all the hard parts, and makes your business look good while doing it. Sounds like a service worth paying for, right?

Put simply, if you want the most professional business plan possible, we recommend using Wise Business Plans’s writing service.

Business Sorter: Best for internal plans

Many businesses need plans to show to people outside the company (to get financing, for example). But what if you just need a plan for internal use? In that case, we suggest Business Sorter.

Business Sorter uses a unique card-based method to help you craft the perfect business plan. (You can watch a demo video to see how it works.) You’ll plan some of the usual things, like finances and marketing. But Business Sorter also lets you make plans for specific teams and team members. It also emphasizes more internal matters, like operations, that might get overlooked in a business plan for outsiders.

Business Sorter software pricing

After you’ve made your business plan, Business Sorter also helps you stay accountable to it. You can create tasks, give them deadlines, and assign them to team members―giving you basic project management tools to make sure your business plans become business actions. (Oh, and did we mention that Business Sorter has the lowest starting prices of any software on this list?)

It all adds up to a business plan software that works great for internal planning.

GoSmallBiz: Most extra features

Want to get way more than just business planning software? Then you probably want GoSmallBiz.

See, GoSmallBiz offers business plan software as part of its service―but it’s just one part of a much bigger whole. You also get everything from discounts on legal services to a website builder to a CRM (customer relationship manager) to business document templates. And more. In other words, you get just about everything you need to get your startup off the ground.

GoSmallBiz software pricing

Don’t worry though―you still get all the business planning help you need. GoSmallBiz gives you business plan templates, step-by-step instructions, and the ability to create financial projections. And if you get stuck, GoSmallBiz will put you in touch with experts who can offer advice.

If you want business planning and much, much more, give GoSmallBiz a try.

• PlanGuru : Best financial forecasting
• EnLoop : Cheapest tool for startups

We recommend the software above for most business planning needs. Some businesses, though, might be interested in these more specialized planning software.

Honorable mention software pricing

Planguru: best financial forecasting features.

PlanGuru is pretty pricey compared to our other picks, but you might find its forecasting features worth paying for. It has more forecasting methods than other software (over 20) plus it lets you forecast up to 10 years.

EnLoop: Cheapest tool for startups

EnLoop doesn’t have our favorite features or interface, but it does have really, really low pricing plus a seven-day free trial. It's the most affordable software for startup business planning and still provides all the essential features like financial analysis, team collaboration, charting, and more.

Data as of 3 /13/23 . Offers and availability may vary by location and are subject to change. * With annual billing

Several of our previous favorite planning software, including BusinessPlanPro and StratPad, seem to have gone out of business.

A business plan is a written, living document that tells the story of your business and what you plan to do with it. It serves as the source of truth for you—the business owner—as well as potential partners, employees, and investors, but it also serves as a roadmap of what you want your business to be.

Why you need a business plan

While some small-business owners don’t see the point of creating a formal business plan, it can have some concrete benefits for your business. For example, one 2016 study found that business owners with written plans are more successful than those that don’t. 1

Still too vague? Then let’s get specific.

If you ever seek business funding (from, say, banks, angel investors , or venture capitalists ), you’ll have to prove that your business deserves the money you want. A formal business plan―complete with financial data and projections―gives you a professional document you can use to make your case. (In fact, most potential investors will expect you to have a business plan ready.)

Even if you’re not seeking funding right now, a business plan can help your business. A formal plan can guide your business’s direction and decision making. It can keep your business accountable (by, for example, seeing if your business meets the financial projections you included). And a formal plan offers a great way to make sure your team stays on the same page.

What to include in your business plan

Not all business plans are created equal. To make a really useful business plan, you’ll want to include a number of elements:

• Basic information about your business
• Your products/services
• Market and industry analysis
• What makes your business competitive
• Strategies and upcoming plans
• Your team (and your team’s background)
• Current financial status
• Financial and market projections
• Executive summary

Of course, you can include more or fewer elements―whatever makes sense for your business. Just make sure your business plan is comprehensive (but not overwhelming).

How business plan software can help

With so many elements to include, business plan creation can take a while. Business plan software tries to speed things up.

Most business plan software will include prompts for each section. In some cases, you can just fill in your business’s specific information, and the software will write the text for you. In other cases, the software will give you specific guidance and examples, helping you write the text yourself.

Plus, business plan software can help you stay organized. You’ll usually get intuitive menus that let you quickly flip through sections. So rather than endlessly scrolling through a long document in a word processor, you can quickly find your way around your plan. Some software even lets you drag and drop sections to reorganize your plan.

Sounds way easier than just staring at a blank page and trying to start from scratch, right?

Choosing business plan software

To find the right business plan builder for your business, you’ll want to compare features. For example, would you rather write your own text, getting prompts and advice from your software? Or would you rather go with a fill-in-the-blank method?

Likewise, think about the elements you need. If your plan will have a heavy focus on finances, you’ll want to choose business plan software with robust financial projection features. If you care more about market and competitor analysis, look for software that can help with that research.

You may also want to find business plan software that integrates with your business accounting software . Some plan builders will import data from Xero, QuickBooks, etc. to quickly generate your financial data and projections.

And of course, you’ll want to compare prices. After all, you always want to end up with software that fits your business budget.

The right business plan software can make your life easier. With LivePlan ’s wide breadth of features and online learning tools, you can’t go wrong. Plus, BizPlanBuilder 's one-time pricing makes it easy to invest while Business Sorter has a low starting cost. And if you're business is looking to grow, GoSmallBiz and Wise Business Plans will scale with you.

But of course, different companies have different needs. So shop around until you find the software that’s best for you and your business.

Now that you've got a business plan, take a look at our checklist for starting a small business.  It can help you make sure you have everything else you need to get your startup off to a good start!

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Creating a business plan can take anywhere from a couple hours to several weeks. Your timeline will depend on things like the elements you choose to include, whether you use software or hire a writing service, and how much research goes into your plan.

That said, much of the business plan software out there brags that it can help you create a fairly detailed plan in a few hours. So if you’re going the software route, that can help you set your expectations.

If you want to get the most out of your business plan, you should update it on a regular basis―at least annually. That way, you can continually refer to it to inform your company’s strategies and direction.  

At the very least, you should update your business plan before you start looking for a new round of funding (whether that’s with investors or lenders).

Thanks to business plan software, you can easily write your own business plan rather than pay someone to do it for you. And in most cases, software will cost you less than a professional business plan service.

There are some times you might want to go with a service though. If time is tight, you might find that it’s worth the cost of a service. Or if you’ve got big investor meetings on the horizon, you might want the expertise and polish that a professional service can offer.

Ultimately, you’ll have to decide for yourself whether business plan software or a business plan service will work better for your company.

Methodology

We ranked business plan software and tools based on features, pricing and plans, and connections to project management and other services. The value of each plan and service, along with what it offers, was a big consideration in our rankings, and we looked to see if what was offered was useful to small businesses or just extra. The final thing we looked at was the ease of use of the software to see if it's too complex for small businesses.

At Business.org, our research is meant to offer general product and service recommendations. We don't guarantee that our suggestions will work best for each individual or business, so consider your unique needs when choosing products and services.

Sources 1. Harvard Business Review, “ Research: Writing a Business Plan Makes Your Startup More Likely to Succeed .” Accessed March 13, 2023.

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