Using Outside Help to Write the Plan
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Respond to the following: What are the benefits and liabilities of using a software package to help write a business plan or hiring consultants to write the business plan for you? Respond to at least two of your classmates’ postings.
Using Outside Help to Write the Plan Respond to the following: What are the benefits and liabilities of using a software package to help write a business plan or hiring consultants to write the business plan for you?
There are pros and cons to using either business plan software and/or hiring a consultant.
The benefits of using a software program are that it will save you some time and it provides a step by step process for writing the plan; with preset templates for outline capabilities, categories, titles and graphs.
It also provides makes generating financial statements easy because the calculations are done for you.
There are negative aspects to using software. Software programs use templates, these templates can make the business plan look as though it was created by a “canned” source. (Barringer, 2009, p. 8). The software could be lacking in recent industr……
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