An SBA study of 26,000 businesses that failed revealed that roughly 65% had no business plan. That’s all businesses—not just startups! Business plans are crucial, but few get them right. BizPlanBuilder® is a one-of-a-kind business planning system from Business Power Tools, proven successful in almost every industry. It offers a step-by-step, academically rigorous web-based business planning framework that gets students building a roadmap for a real business (based on their ideas or others) and takes them further than any other system. Refined over 30+ years of real-world experience, students are introduced to insights, advice, tips, and strategies from entrepreneurs, investors, lenders, and business advisors. Built-in collaboration also enables students to work together in teams. Instructors can even login to review and comment.
Customizable Excel financial models project Revenue, Costs, Profits, Valuation – Creating the all-important financial picture of their enterprise. Video Tutorials introduce each section providing context behind what investors and lenders look for as they consider investing. Thomas DeNardin is a college professor teaching entrepreneurship. “I’ve been using BizPlanBuilder online for 5 semesters now and it has really succeeded in helping me to guide my students — grads and undergrads — to really understand the mechanics of starting, financing and building a business,” he says. Upon completion, students will have a solid foundation based on best practices and principles of business development and methodology that investors can understand, believe, and fund. Whether it’s an exercise or for real, BizPlanBuilder provides the structure and content that stimulates thought through every facet of a business – a plan and wisdom students can take out into the world and use. Learn more.
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