No direct competitors. Secondary competitors include Business Plan Pro - Business Plan package software for generating business plan documents, and various piecemeal approaches combining project management and productivity software, Word and Excel.
Product Description
PlanHQ helps businesses create, action, track and achieve their business plan. The whole team is focused on execution; completing actions, achieving goals and tracking progress against financial projections. Team members are reminded of—and held accountable for—reaching targets and board members, investors and advisers are kept informed with regular progress reports. A completely up-to-date comprehensive business plan document with market analysis can be downloaded in Word/PDF anytime.
Market Opportunity
Over 90% of business plans are never achieved because the focus is on documentation instead of execution. Forty million dollars is already spent annually on business plan software by small businesses and hundreds of millions more on the tools used in piecemeal to create, action and track a plan to achievement.
DEMO Says
PlanHQ launches at DEMOfall to a roomful of would-be customers. Unlike so many other sites and applications that focus on business planning, this product focuses on business execution. PlanHQ focuses on the important aspects of running a business: what’s on your plate? Are you meeting your milestones? What’s your financial outlook? The Web-based services provide good advice and the framework to make the most of it.