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Business Plan Pro 2004 [Old Version]

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Business Plan Pro 2004 [Old Version]
Business Plan Pro 2004 [Old Version]

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From: Palo Alto Software, Inc.
Category: Software

Buy New: $125.00



New (1) Used (5) from $49.48

Avg. Customer Rating: 3.0 out of 5 stars 8 reviews
Sales Rank: 5056

Platforms: Windows Nt, Windows 98, Windows 2000, Windows Me, Windows Xp
Media: CD-ROM
Shipping Weight (lbs): 3.2
Dimensions (in): 9.6 x 8 x 2.7

Model: BPW7
UPC: 756087000746
EAN: 0756087000746
ASIN: B0000A4F26

Release Date: July 7, 2003
Availability: Usually ships in 1-2 business days
Condition: New, complete, in box which has been opened but never used. Can ship next day to you. Thank you.

Features:
  • Test your idea with 10,000 industry profiles
  • Create your plan with 400+ sample business plans
  • Get funded with the preferred format
  • Fastest way to write a plan
  • #1 Rated and Best Selling Business Plan Software

Customer Reviews:   Read 3 more reviews...

4 out of 5 stars Roadmap to Success   May 29, 2004
 5 out of 8 found this review helpful

Our company lacked focus and had failed to produce any financial projections during the first 18 months of operations. We were making money but our growth was stagnant. A business coach recommended Business Plan Pro and said our first priority was to write a business plan and project revenues for 5 years out. Business Plan Pro simplified the process and helped us determine the overall direction of the company. In the last 12 months we have acquired several new clients and our sales are up 28% from the prior-year-to-date. Thanks for the great program!


1 out of 5 stars Disservice to Anyone Who Wants a Fundable Business Plan   May 19, 2004
 17 out of 33 found this review helpful

This software is a joke for anyone who would want to use it to get a bank loan or venture capital. For example, you can set a 3-year or 5-year forecast. Then it asks you to apply a growth rate to your year 1 sales, and it applies that growth rate over the entire forecast. Anyone knows that growth rates vary year-to-year based on the stage of your business.

I won't even get into how bad the expense forecasting section is.

Anyone trying to raise money will be told their plan is worthless when they present it to investors. Whether the funding source comes from a bank or VC, they will want to see a monthly (12 months) build to a quarterly (12 quarters) to an annual (5 years). In other words, they (and you should) want to see if the cash you're asking for will cover the needs within the financing period. This software won't support such a basic, critical requirement.

Don't waste your money. This software is amateur.


3 out of 5 stars Too Rigid   December 18, 2003
 24 out of 28 found this review helpful

I find the ideas solid and the package layout is good . It is just too rigid. You have to stay between their lines and if you deviate it becomes an "export, cut and paste thing". You cannot modify within their software. So if you have any customized charts or such like, these need to be store in a seperate file while the text etc. of the business plans is kept in the dedicate Business Plan Pro software.Overall it is not a "bad " product just not as flexible as you would want it.


2 out of 5 stars Business Plan Pro-Better than a sharp stick in the eye.   November 23, 2003
 39 out of 54 found this review helpful

Business Plan Pro is better than a sharp stick in the eye, but not much better. That 5 star review sounds like it was written by a corporate shill. Let me tell you about BP Pro

Business Plan Pro is a half-fast program. It has some of the functionality of Excel but doesn't allow linking between worksheets. It has some of the functionality of Word, but you can't remove a row once you have inserted a heading. For example, if you decide that you don't need a "Personal Assistant" you still have a row in the personel spreadsheet that has to be edited later. The formula backtracker is cumbersome, it takes you back to the precedents, but doesn't have a return feature. These are only but a few of the many built-in aggrievations. Everytime you try and get some detail, it refers you to the Premier edition which costs $250. That's insulting.

If you are starting a business for the first time, my advice is to sign up for a night course on business plans and use the software they give you.


5 out of 5 stars an MBA in a box   November 16, 2003
 15 out of 17 found this review helpful

Like most people starting a business, I don't have much of a finance background and have not had to write a business plan before. Based on a recommendation from a friend, I checked out Business Plan Pro.

The software helped me the whole way through and the sample plans were a huge help. Each plan that I looked at was over 35 pages and included all the financials for the business. I was very impressed by the level of writing in the samples and used some of the examples to help with my own writing.

The financial help was enormous. I could not have done it without the software. It helped me build my sales forecast and cash flow, something I could not have done on my own.

I highly recommend this software to anyone starting a business.

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