1. Headline
  1. Headline
By
updated 2/7/2013 11:20:41 AM ET 2013-02-07T16:20:41

If you have a killer idea for a startup, but lack the time, resources and budget to develop a business plan, a business plan-generating app can help you get your plan on paper and, ideally, off the ground.

  1. More from TODAY.com
    1. Savannah's honeymoon dispatch: Letting it all hang out on the best vacation of my life

      Who goes on a honeymoon five weeks after getting married? I'm doing all kinds of things slightly out of order.

    2. Lupita Nyong'o is People magazine's Most Beautiful person
    3. Ousted 'Voice' singer: I'm '500 steps ahead of where I would have been'
    4. Mall adds 'fast lane' after girl, 10, complains about slow shoppers
    5. Go Hoda! She’s one of People’s Most Beautiful

A number of apps simplify the often tedious, complicated process of crafting a thorough bank- and investor-ready business plan. You provide the information, they organize it into a plan, and hopefully soon you'll be in business.

Here's a look at three apps that can help get your business plan rolling:

1. Enloop. This is an all-in-one web app that walks users through every step of creating a traditional business plan. Here's how it works: Based on the data you enter into the app, Enloop automatically generates sales, profit and loss, cash flow and balance sheet projections for you, complete with explanatory graphs and other compelling visual elements. Enloop also provides standard, yet customizable business plan text for each section of your plan, including portions focused on key company information and financial data.

Enloop's Free & Easy option includes a single custom business plan packaged in a clean, professionally formatted PDF file that you can download, print and share. More fully featured paid versions range from $9.95 a month to $39.95 a month and allow you to make multiple business plans. Enloop is only web-based and not yet available for mobile devices.

Related: Reworking Your Business Plan? Consider These Tips

2. StratPad. Alex Glassey, who designed this iPad-only app, describes it as "a strategic-planning app that helps entrepreneurs with the thinking and decision-making process." StratPad can be a smart choice for people who are writing their first-ever business plan. It is packed with several free how-to tools for beginners, including a 58-page business strategy tutorial, view-on-demand training videos, email-based customer service, and more.

A free basic StratPad edition is available for students. Paid, one-time fee plans range from $9.99 to $54.99. The more you pay, the more advanced business plan options you get. The easy-to-use app guides users through a series of simple questions and prompts. Your answers are used to develop a summary business plan, complete with revenue projections and full-color graphs and charts.

3. Business Plan Premier. This $7.99 iPad app does double-duty for users who are eager to have their business plan backed fast. Not only does Business Plan Premier help you organize and write your business plan at an extremely detailed level, it also enables you to present your finished plan to more than 3,000 high net worth potential investors, who are also members of investment research firm Ben Stein & Accredited Members Inc.

Business Plan Premier leads you through writing your prospective company's vision and mission statements, product descriptions and marketing plans. You can also use it to complete competitive and SWOT (strengths, weaknesses, opportunities and threats) analysis, outline your management scheme, identify your startup expenses, define your target market and more depending on your needs.

Your completed business plan is exported as a Microsoft Word document that you can edit, print, email or upload to Dropbox. Business Plan Lite is the free (but much less functional) version of the app.

Related: Reverse-Engineering Your Business Plan: Success Starts With the End

Copyright © 2013 Entrepreneur.com, Inc.

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

More on TODAY.com

  1. Meadowhall, Yorkshire

    Mall adds 'fast lane' after girl, 10, complains about slow shoppers

    4/23/2014 2:48:06 PM +00:00 2014-04-23T14:48:06
  1. Nbc Nbc Nbc / Trae Patton/NBC

    Ousted 'Voice' singer: I'm '500 steps ahead of where I would have been'

    4/23/2014 2:22:38 PM +00:00 2014-04-23T14:22:38
  1. Reuters; AP

    Lupita Nyong’o is People’s Most Beautiful person

    4/23/2014 11:54:41 AM +00:00 2014-04-23T11:54:41
  1. Annie Leibovitz

    Top fashion moms design collection to fight infant AIDS

    4/23/2014 2:01:51 PM +00:00 2014-04-23T14:01:51
  1. Courtesy of Savannah Guthrie

    Savannah’s honeymoon dispatch: Letting it hang out on the best vacation ever

    4/23/2014 10:56:55 AM +00:00 2014-04-23T10:56:55
  1. Activist Mary Fisher: How HIV inspired me to 'lighten the darkness' for strangers

    Activist, author and artist Mary Fisher writes about why, in the aftermath of a devastating diagnosis, she dedicated her life to helping others.

    4/23/2014 12:35:31 PM +00:00 2014-04-23T12:35:31
  2. video Father and daughter inspire 100 good deeds