Business Plan Competition FAQs
Q1: I have a great business idea, how do I participate?
We suggest the following steps:
consider forming a team of up to three members; if team members bring different areas of expertise you will find it helpful
register your team by filling out the online registration form
develop your business idea
ideally use a business plan software to complete various parts of a business plan
email your executive summary (1-2 pages) in word or .pdf format to firstname.lastname@example.org
Q2: Which software applications can I use for preparing the business plan?
You have several options including:
- Business Plan Pro (desktop version) offered by Palo Alto Software.
- Business Plan Pro can be purchased here
- Note: Business Plan Pro is not compatible with the MAC. If you are a MAC user, you must subscribe to Live Plan, which is an online business plan software that can be purchased here.
Live Plan (cloud version) offered by Palo Alto Software
Free software provided by U.S. Small Business Administration (SBA)
Q3: Which online resources may be helpful to me?
Q4: Can graduate students participate in the competition too?
Yes, as long as all the members are currently enrolled in Kean University, they can participate in the competition