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 bizplan@kean.edu

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?

• SBA.gov
• Entrepreneur
• Inc.
• bplans
   

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