I used to listen to my dad’s advice when I was a little girl. Software as a service (SaaS) applications for business planning should offer a solid business plan template and structure as well as other services, such as financial projections, number analyses, business advice, in-depth reporting, and attractive presentations.

Moreover, the appendix is also a great place to insert your own resume and resumes of any key members of your management team—that way your readers can refer to the appendix if they need more—but aren’t distracted by long text explanations or confusing numbers while parsing through the plan.

Even Industry sectors and all other industries like Aerospace & defence, Automotive, Banking & capital markets, chemicals, communications, education & non-profit energy, utilities & mining, engineering & construction, entertainment & media, financial services, forest and paper & packaging all have business plans.

Business planning will assist you in understanding how to effectively market your business, how to understand and plan for financial stability both now and in the future, how to carry out your daily operations with a necessary level of routine, and so forth.

Entrepreneurs who write formal business plans are 16% more likely to achieve success than entrepreneurs who don’t.1 Give your business a leg up by writing a solid business plan, and save precious time and effort by using an effective business plan software.