Business Plan Tool review
A focused, free business-plan builder with forecasts and DOCX delivery.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
Business Plan Tool is a free, browser-based business-plan drafting tool from the Australian Government Department of Industry, Science and Resources. It is intended for people starting or running a business who need a structured way to evaluate an idea, set goals and plan the year ahead. Guided sections cover business details, key people, market opportunity, customers, competitors, sales pitch, customer channels, finances and goals. The workflow suits individual founders and small-business operators who want a focused planning process rather than a broader planning suite.
Its strongest area is guided financial and operational planning. Users can define business goals with steps and target dates, select customer acquisition and contact channels, and enter revenue, expenses and quarterly profit forecasts. A review step is included before completion, which gives the workflow a clear start-to-finish structure. The published product details show no paid tiers: the tool is free, so there is no plan comparison or upgrade path to weigh. Completed plans can be downloaded or emailed as DOCX files, making the output practical for continued editing or sharing outside the browser.
The trade-off is a narrow feature set. Business Plan Tool does not provide scenario planning or collaboration features, so it is less suited to teams comparing multiple financial cases or editing a plan together. It is also available through the web, with DOCX delivery rather than a broader set of document formats. Session information is deleted after three hours of inactivity, an important consideration when planning work across extended pauses. Choose it for free, guided business-plan drafting with basic forecasting; choose an alternative when collaborative workflows, scenario analysis or wider export support are central requirements.
Business Plan Tool pros and cons
- Where it wins
- Guided sections cover markets, customers, competitors and business details
- Includes revenue, expenses and quarterly profit forecasts
- Delivers completed plans by DOCX download or email
- Where it doesn't
- No scenario planning for comparing financial outcomes
- No collaboration features for shared plan development
- Web-only access with DOCX as the document format
Business Plan Tool fact sheet, pricing and score →
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