4 min read
April 6, 2018
Last updated: April 5, 2023
We are always on the lookout for great tools that can help your business or organization. Today we’ll be talking about Enloop, an online business plan-writing program.
Think about your vision for your company. Are you starting a small business? You’ll need a specific startup plan. Are you trying to get funding to expand your established company? You’ll need a funding or investment plan. These business plans, and more can be created through Enloop.
It’s easy to get started with Enloop. The software will prompt you to enter your company’s financial data, and you can choose your country’s currency. Once you’ve entered your data, Enloop’s AutoWrite feature will generate your business plan with the proper formatting. You can also turn AutoWrite off and enter and edit text on your own. If you want someone else on your team to have access, you can invite people to view and edit your plan.
Enloop will automatically generate financial reports and financial ratios for you that will help you analyze your forecasted performance. Enloop also provides a real-time performance score, based on their calculations, to help you gauge whether your business is improving or not.
As for who uses it, Enloop is perfect for business owners, accountants, entrepreneurs, and students who want a simple software with the ideal features to get their thoughts organized and create a business plan.
This software has a lot of great features and here are 3 benefits that make it essential for your business.
Unique to Enloop, the TextSync feature automatically syncs the numbers and data you enter with the linked items in the business plan. So if you need to go back and change something, the business plan will reflect that change automatically.
Access to NAICS
The North American Industry Classification System provides information about market projections and current industry stability, and normally you need a subscription to access it. But Enloop gives you access to this database as part of its service, so you can include information from it in your business plan.
Often the purpose of a business plan is to analyze the feasibility of your business, and Enloop helps you do so. Enloop will explain financial reports and analyze your forecasted performance by comparing your ratios to your peers. There’s also a pass/fail report that helps you understand critical issues so that you can address problems before they arise.
Enloop offers three plans: A Free plan that has only very basic features, the Detailed plan, which is $19.95 per month, and the Performance plan, which is $39.95 per month. Or you can save money by paying annually.
So, if you need business plan template software, check out Enloop. And remember, if you're looking for free CRM, project management or collaboration tools, be sure to try Bitrix24