There are so many templates. You can write a simple letter. Or make a proposal for your work. The graphics are great and so easy to insert. With options like text boxes and the ability to add photos, everyone can turn out professional looking documents using Microsoft Word templates. Simple tasks such as making a sign for your yard sale or a family newsletter can really be fun to create with a template. You will even find that you will be helped with printing. When you discover how much you can create when you use a Word template you might even wonder how you got along without using them before.
Once this person has a financial template, they can use it to create forms the template will simply guide them through. The mere fact that the template has certain line items _ like the Balance Sheet, for example, forces you to think in a well_organized fashion and gather the information according to the structure of the template _ cash balances, accounts receivable, fixed assets, liabilities, etc. The same goes for a Business Plan. A well_designed financial template can steer you away from making some fundamental mistakes. A client of mine brought me a self_prepared Business Plan once and we both smiled at the many line items he had on his Profit & Loss statement which really belonged on a Balance Sheet. With a professionally designed template, he wouldn't have made that mistake.