Business plan

Best Business Plan Software Options for 2021

Consistently ranked in the top three contenders in all online business plan software reviews, LivePlan is one of the most popular planning apps on the web. The software has an overall performance suitable for both small business enthusiasts and already established entrepreneurs. Its flexibility, attention to detail, and additional features put it at the top of our list.

Models

LivePlan offers a variety of 500 templates, covering all possible business models. It provides customized solutions to clients, whether it is a small business, an accounting operation, a consulting business or an educational business. The step-by-step process varies depending on the version you have chosen. With the best business plan templates, LivePlan is designed to meet all your needs.

After filling in your company ID, LivePlan guides you through a number of other forms.

You then write a compelling story that describes your products and services as well as the target market. This includes the envisaged strategy and implementation, personnel and financial plans as well as standard accounting statements.

Online business plan software reviews praise this solution’s flexibility, attention to detail, and added features.

Price

The annual plan is tagged with a price tag of $15/month, making LivePlan one of the more affordable options on the list. Users can also opt for a six-month plan, priced at $18/month. Additionally, there is the pay-as-you-go solution which will cost you $20/month.

The company offers a free trial period so you can test out some of its features and see how it suits your needs. To activate the business plan software free trial option, all you have to do is complete a questionnaire. The company will quickly process your request and send you the trial version.

If you decide to purchase LivePlan but find that it doesn’t do the job, you can get a full refund within the first 60 days.

Interface

The online planning software features an intuitive interface, which makes the process of developing a business plan easy and enjoyable. The design is smooth and easy to maneuver, with a step-by-step instruction process that leaves nothing to chance.

This also applies to the LivePlan online learning center. You can improve your business knowledge by using the online courses provided by Palo Alto Software that use the same accessible and user-friendly interface.

Features

LivePlan isn’t just a professional business planner that becomes obsolete once you lock in your investors. The software is equipped with a tracker to measure the success rate based on the parameters you set during the planning phase.

If you opt for the annual option, you can link your accounting application to LivePlan, feeding the information required for forecasts and growth projections. You can even select the “What If” scenario, which allows you to insert hypothetical decisions and see how they would affect your business.

Palo Alto Software is known for its attention to detail when it comes to forms and templates. The presence of these precise guidelines makes LivePlan the best business plan app on this list. The program also provides you with examples that perfectly illustrate how to build a business plan.

These financial forms include data on products and services and their cost. While all business plan examples consider this a necessity, Liveplan offers more tools with a slightly more personal touch.

LivePlan’s personnel section allows you to drill down by individual (e.g., CEO or just “John”) or by job category (e.g., four programmers, paid an average of $100,000 per year, with an annual increase of 4 %).

Additionally, you can note whether an expense represents an overall cost or is tied to a specific revenue stream. These numbers can be expressed as a percentage of revenue or as a time-varying cost.

The downside is the integration of other software. While the company integrates Xero and QuickBooks Online accounting software, which saves you time with a lot of data entry, they certainly have room to expand this option to a number of other business apps.

Advantages:

  • Wide range of customizable features
  • Lots of useful resources
  • A large library of sample plans

The inconvenients:

  • Limited third-party integrations
  • The learning curve may be too steep


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