I came across this on Guy Kawasaki’s blog, which is another great free resource – http://blog.guykawasaki.com.
It’s a free utility that wizards you through a bunch, and I mean a bunch of questions, then just when you’re about to give up on it, it spits out a free custom Term Sheet for you, in Microsoft Word or other formats.
If you’re not familiar with Term Sheets, and by extension, venture financing, it’s a great tutorial. If you are savvy to them, you’ll appreciate just how robust this free service is.
Go to www.wsgr.com and you’ll see it on the home page.