Business Plan Software Review: Ultimate Business Planner(tm)

One of the main reasons commercial enterprise proprietors and marketers use business plan software program is to simplify building their economic models. Even with an explosion in marketing strategy software program packages on the market nowadays, “doing the monetary projections” remains regularly mentioned because of the maximum difficult part of finishing a business plan. Yet, a software program can still simplify financial forecasting.

The question is: Which software program?

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Ultimate Business Planner has been touted as a dynamic, interactive planning tool that takes the drudgery out of complicated, time-consuming financial forecasting and business planning. It combines clean-to-use software program functions with a step-by-step technique to create a business plan.

It is designed for those individuals or organizations in want of getting a business plan carried out rapid. The Ultimate Business Planner prides itself on being the quickest and simplest manner to write a prevailing marketing strategy.

Atlas Business Solutions, Inc. (ABS), developer of the enterprise planning technology in QuickBooks® Premier 2005 and the maker of Ultimate Business Planner, is a properly-respected and mounted enterprise software program development organization. Their merchandise is pinnacle rated and is priced fairly.

The first four sections gather data to prepare and complete your economic forecast. Interactive dialogs with simple-English commands, questions and fill in the blanks seize information and construct your organization profile. Income and fee worksheets permit you to outline earnings and expense categories and venture month-to-month amounts with smooth to apply forecasting functions.

There are three techniques you can use to enter your monthly income or rate information: manually or cellular-by-mobile, routinely – the usage of an aggregate of the worksheet features to assignment quantities for you based totally on your assumptions, or uploading/replica paste – take information out of your documents if you are using QuickBooks Pro/Premier/Enterprise 2003 (or later) or virtually copying and pasting facts from an MS Excel worksheet.

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The fifth phase offers several gear to put in writing a marketing strategy which includes: a business plan defines to manual you step-with the aid of-step in writing your marketing strategy, topic guides and instance tabs that designate what you ought to consist of in each topic with examples of each, and an effective, smooth to use text editor for getting into and editing your textual content.

With Ultimate Business Plan, you are free to finish every section inside the order you pick out. Then, whilst the sections are complete the Ultimate Business Planner does the relaxation. It evaluates the economic viability of your commercial enterprise ideas or techniques speedy and without difficulty; creates whole monetary statement projections (for as much as 36 months) to reveal to your bankers or other capacity traders; and, produces a expert file in ever admire inclusive of graphs to highlight the capacity of your business plan.

Shrewd, knowledgeable decisions

Changing scenarios is easy with the Ultimate Business Planner. For example, to quickly see how hiring extra personnel or adding a brand new product influences your bottom line truly visit duration and exchange the amount. The software will mechanically update all of the associated financial statements, charts, and tables. In short, the Ultimate Business Planner permits you to see how your bottom line is suffering from limitless commercial enterprise situations.

What’s missing?

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Three things I wish the Ultimate Business Planner would do. First, allow customers the option to enter historical monetary statistics (a vital alternative in case you are a longtime business). Second, either amplify or permit customers the option to extend the forecast duration to 5 years (a not unusual time horizon for undertaking capitalist and fairness sponsors). Third, permit users to differ gross margin assumptions on a month-to-month, quarterly, or annual foundation (in model 3.0 cloth, hard work and overhead assumptions stay constant in the course of the whole 3-yr forecast length).

Lee Hogan

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