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Business Plan Pro Review

What is Business Plan Pro?

• Business Plan Pro benefits
• Overview of Business Plan Pro features
• Business Plan Pro pricing
• User satisfaction

Technical details

• Support details

Business Plan Pro is considered as among the most widely-used business planning application in the business community for almost a decade, outselling all other similar software apps combined. For years, it is a regular entry in the top 10 bestsellers list of Amazon, business applications category. Business Plan Pro is designed to help new and existing businesses of all sizes to easily draft and complete business plans compliant to SBA standards.

With Business Plan Pro, you can remove the guesswork out of drafting and writing a business plan.

The tool’s underlying financial model makes your calculations sound, while its step-by-step wizards as well as visual forecasting allow you to fill in the stats in an intuitive format.

Overview of Business Plan Pro Benefits

One of the world’s top-selling business plan software solutions, Business Plan Pro includes 500 sample business plans for hundreds of business types. You can use the built-in Sample Plan Browser to select one sample that suits your business. Use the sample business plan as inspiration or directly edit it to match your business.

Trusted by over 1 million entrepreneurs, the tool has been among the leading business plan software solutions for businesses for more than 10 years now. It also has the preferred format of investors, banks, and and SBA-approved lenders.

You can impress your audience with an amazing-looking business plan in the tool’s widely accepted format. Beyond the system’s fantastic printed documents, you can also save your business plan to Microsoft Word, PDF, Excel, or PowerPoint for an easy and quick pitch presentation.

Overview of Business Plan Pro Features

• Custom Templates
• Over 500 sample plans
• Visual Cash Planning
• Market research and industry profiles
• Detailed guidance
• Business Valuation Tools
• Import from Microsoft Excel
• Thorough, error-free checking
• Quarterly and 24-month Data
• Plan vs. Actual
• Business Management
• Instant spreadsheets and charts
• Easy financial forecasting
• Tutorials, help, and expert advice
• Simple export to PDF, Excel and Word
• Format corresponds to those required by financial institutions, lenders and investors
• Available to download for Mac and Windows
• Extensive list of additional materials for SMBs

How Much Does Business Plan Pro Cost?

Business Plan Pro Pricing Plans:

What are Business Plan Pro pricing details?

It is available in two editions:

Premier – $159.95

• Its top seller, with more tools you need to succeed.

Standard — $99.95

• What you need to get started with your plan.

User Satisfaction

We realize that when you choose to buy a Accounting Software it’s important not only to see how experts score it in their reviews, but also to discover whether the real users and companies that use this software are indeed content with the product. Because of that need we’ve devised our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Business Plan Pro reviews across a broad range of social media sites. The information is then featured in an easy to digest way showing how many clients had positive and negative experience with Business Plan Pro. With that information at hand you should be ready to make an informed buying choice that you won’t regret.

Devices Supported

• iPhone/iPad

Language Support

Pricing Model

• One-time payment

Customer Types

• Small Business
• Large Enterprises
• Medium Business
• Freelancers

What Support Does This Vendor Offer?

• live support

What integrations are available for Business Plan Pro?

• QuickBooks Online

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By Louie Andre

B2B & SaaS market analyst and senior writer for FinancesOnline. He is most interested in project management solutions, believing all businesses are a work in progress. From pitch deck to exit strategy, he is no stranger to project business hiccups and essentials. He has been involved in a few internet startups including a digital route planner for a triple A affiliate. His advice to vendors and users alike? "Think of benefits, not features."

Top Accounting Software of 2024

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• Best Business Plan Software

10 Best Business Plan Software In 2024

Updated: Sep 24, 2024, 3:33pm

Writing a business plan not only helps you stay on track as you start a new business but it can also help you secure funding. You can create one from scratch with a simple template, but business plan software often has features to make it easier, more nuanced and overall better. It could even make the difference between bringing investors on board and going it alone. Forbes Advisor found the best business plan software that has the features you need at an affordable price.

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The Best Business Plan Software of 2024

Forbes advisor ratings, methodology, how to choose a business plan software, benefits of business plan software, frequently asked questions (faqs), next up in business.

Featured Partners

From $8 monthly per user

Zoom, LinkedIn, Adobe, Salesforce and more

On monday.com's Website

Yes, for unlimited members

$7 per month

Slack, Microsoft Outlook, HubSpot, Salesforce, Timely, Google Drive and more

On ClickUp's Website

$9.80 per user per month

Salesforce, Adobe, Miro, Netsuite, Quickbooks, SAP

On Wrike's Website

Yes, for one user and two editors

$9 per user per month

Google Drive, Slack, Tableau, Miro, Zapier and more

On Smartsheet's Website

• Wrike: Best overall
• Smartsheet: Best for goal management
• LivePlan: Best for financial forecasting
• Aha!: Best for roadmapping
• Bizplan: Best for beginners
• IdeaBuddy: Best for ideation
• iPlanner: Best for no-frills business planning
• Enloop: Best for automatic business plan creation
• AchieveIt: Best for consultant groups
• Business Sorter: Best for teams

Best Overall

Starting price

Free; $9.80 per user

Team messaging

Roadmapping

Wrike is a project management (PM) tool that works well as business plan software because it gives you tools to help you gather and compare your data. Wrike makes it easy to start your business plan with its collaboration tools, business plan templates , drag-and-drop interface and goal management features. Another benefit of using Wrike to build your plan is that you see your ideas and goals from multiple views: Gantt chart, calendar or board views.

There are a few reasons why it’s a good idea to use Wrike for your business plan. First, you can map out exactly what your business goals are in a project, invite teammates to collaborate and message business partners to discuss everything. Plus, you can export your data when you’re ready to put all the details into a presentation to hand over to potential investors.

Wrike offers a free plan that’s good for putting your vision down in task and project form, but you may want to upgrade to a paid plan to invite collaborators, get custom workflows and add more views and automations. Paid plan pricing ranges from $9.80 per user, per month, to $24.80 per user, per month, both billed annually.

Learn more: Read our full Wrike review .

Who should use it:

Wrike makes it easy for any new business owner to create a business plan and collaborate with others on the financial and operational goals. Plus, it provides value after you finalize your business plan because it’s a good pick for a PM tool.

• Roadmapping ability
• Multiple views (Gantt, calendar and board)
• Business plan templates included
• Goal management via projects and tasks
• Free plan available
• Affordable plans
• No pitching tools
• No financial tools

Best for Goal Management

$9 per user, per month

(billed annually)

(added cost)

Using PM software like Smartsheet is a good idea for starting a business plan because it includes all the tools you need to collaborate and plan across multiple teams or stakeholders. It’s especially good for real-time goal management. Get your ideas in place, go over market and competitive research from other teammates and finalize everything together.

Smartsheet won’t help you write your business plan, but it does give you a place to compile all the data and then you can use one of its free business plan templates. As you figure out your milestones, you can invite an unlimited number of viewers to see how it’s going. The only downsides are that Smartsheet doesn’t have a native messaging app (you’ll have to use an integration), only commenting allowed and there’s no free plan.

Paid plans from Smartsheet cost $9 per user, per month, or $19 per user, per month (billed annually for both). The low-priced Pro plan limits you to 10 editors, but the Business plan allows unlimited editors (but it also has a three-user minimum).

Learn more: Read our full Smartsheet review .

Smartsheet lets you make changes in real time, so it’s a good option for those who are just starting to piece together a plan and looking for a way to manage ideas and goals before finalizing a business plan.

• Discounts for nonprofits available
• Automations on every plan
• Popular integrations allowed on low-tier plan
• 30-day free trial
• No free plan
• Only 10 viewers allowed on low-tier plan
• Three-user minimum on Business plan

Best for Financial Forecasting

$15 per month

One of the strongest cases for using LivePlan to create your business plan is its financial forecasting. It isn’t just a single feature, rather it’s a tool that lets you turn your balance sheet and cash flow statements into charts, graphs and what-if situations to help you show possible investors the best- and worst-case scenarios for your business.

There are two plans available: Standard or Premium (there is no free plan). The low-priced plan, which costs $15 per month (billed annually), doesn’t limit your contributors or guests and includes instructions to help you complete a business plan. It even includes the financial forecasting features and more than 500 sample plans to get you started.

The Premium plan costs $30 per month (billed annually), but it’s full-featured. You get a milestone planner and industry benchmark data, which can save you research time. Another timesaver: At this plan level, you can integrate QuickBooks or Xero to add your financial data seamlessly.

LivePlan is business plan software that includes prompts and accounting software integrations, making it great for new business owners that want easy financial forecasting.

• Unlimited guests and contributors
• Export finished business plan as PowerPoint presentation
• Includes step-by-step instructions with prompts
• 35-day money-back guarantee
• No free trial

Best for Roadmapping

$59 per user, per month

Every business plan starts with strategy and Aha! makes it easier to map out what you plan to do to get from point A to point Z. Aha! is primarily roadmapping software that product teams use to plan features, products or bug fixes. Any business in any industry can use it to shape ideas and strategy into plans and milestones.

Much like product development, business plans have phases and Aha! is ideal for the first few phases of business planning. Although you won’t find a scorecard feature with Aha! Roadmaps, you can score and prioritize your business vision and goals. Finally, you can present your plan to viewers (stakeholders) before you create your official business plan and secure funding.

There are three plans from which you can choose: Premium at $59 per user, per month; Enterprise at $99 per user, per month; and Enterprise+ at $149 per user, per month, all billed annually. The only reasons to upgrade to either Enterprise plan is if you want to add on automation, development tools and custom worksheets and tables.

Aha! Roadmaps is a great tool to help you strategize and get your ideas for your business in one place. You can use the presentation feature to share your business’s roadmap on your way to creating your finalized business plan.

• User-friendly interface
• Ability to score and prioritize ideas
• Share roadmaps with others
• Expensive for business plan creation
• Has a bit of a learning curve

Best for Beginners

$20.75 per month

Bizplan is specifically for business plan creation. It offers a guided walkthrough of each section you need for a complete business plan to use for funding or pitching to partners. Plug in the information, from your mission and goals to financial forecasts, and Bizplan will do the math and create the visual charts you need to get your point across.

Bizplan is very easy to use because it includes prompts and questions that take away the manual effort of figuring out what you need, so you can simply focus on providing the answers. When you’re satisfied you included all the data needed, you can invite stakeholders and consultants to look it over and add comments for approval or change requests. A unique feature of Bizplan is it gives you access to Fundable, a crowdfunding platform, on which you can share your business plan to try to generate funding.

Monthly pricing costs $29, but you can opt for annual pricing that averages to $20.75 per month. If you expect to need business plan software for much longer than a year, there’s a lifetime access option for $349 flat. All plans come with all features and access, including business courses, business planning tools and a route to investors.

If it’s your first time creating a business plan, Bizplan is a great choice to help guide you through all the sections you need to include in your plan for potential investors and partners.

• Monthly, annual and lifetime plans
• Unlimited business plans
• Unlimited collaborators
• Step-by-step instructions
• Modular, drag-and-drop interface
• Online business courses
• Access to Fundable
• Financial forecasting
• No roadmapping tools
• Lack of customization
• Only integrates with Xero

Best for Ideation

Free; $6 per month

IdeaBuddy is a basic business plan tool that lets you start for free, which is great for beginners who aren’t quite ready to create a plan. The idea plan feature is great because it lets you lay out your business plan on one page, giving you an overview. There are built-in sticky notes for brainstorming and custom templates to start you off with a bit of a guide (or just create your own).

Another great feature of IdeaBuddy is the whiteboard, which lets you drag and drop various elements, draw on it and collaborate with others to come up with your perfect business idea. That feature is locked behind the highest tier, so you’ll have to pay $22 per month (billed annually) to use it. However, that plan also gives you up to 10 collaborators and 10 ideas.

Other plans are more limiting: The free plan is for a solopreneur who has a single idea to work on and the Dreamer plan is $6 per month while the Founder plan is $12 per month, both billed annually. The Dreamer plan is also limited to one idea, but you get one collaborator while the Founder plan gives you up to three ideas and three collaborators. Plus, you’ll get access to the paid plans to export and share your plan with viewers.

IdeaBuddy is just what it sounds like: It’s best for ideation. You can create a full-fledged business plan, but this program is best suited for the very beginning stages of business creation.

• Free forever plan
• Affordable paid plans
• Monthly and annual billing options
• Easy to use
• Export to Word, Excel or as PDF
• Flexible whiteboard feature
• May be too basic for some users
• Doesn’t offer much guidance

Best for No-Frills Business Planning

$55 for one year

Business plan software doesn’t have to be fancy to be effective, and iPlanner certainly fits that bill. It’s been around since 2007 and it doesn’t appear to have updated its look or functions. The browser-based business planning software gives you a place to build out your business model and a business plan.

There are two different software options from iPlanner: Strategy Designer and Startup Framework. The Strategy Designer costs $59 for three plans, but it’s a one-time fee for the year. Choose it if you want a more condensed and no-frills kind of business plan. You can export it to Word or as a PDF.

The iPlanner Startup Framework is $55 per year, which gives you one plan to create. It’s similar to the Designer version, but you can create a business model, separate financials and build a team with various roles (view only, project owner or consultant).

iPlanner is best for those who have created a business plan before and don’t need hand-holding or fancy features.

• Business modeling option
• Samples on site for demoing
• Export to Word or as PDF
• No free plan or trial
• Not a lot of guidance
• Outdated interface

Best for Automatic Business Plan Creation

$11 per month

Enloop is a unique business plan app that generates a business plan for you based on information you provide. You can edit the text Enloop writes for you to make it more specific or change numbers in your financial forecasts as you see fit. Enloop offers a scorecard that updates as you change things, finish sections and make your business plan overall better.

Then Enloop compares your financial forecasts to industry standards, so you don’t have to do the research. The software shows you up to 16 ratios, such as sales, inventory and payables and then shows you what the average is for your industry as it compares to your financials. Enloop then gives you either a pass or fail so that you can modify your plan before you put anything into play.

Although Enloop doesn’t offer a free plan, there is a free trial for one week so you can see if it’s right for you. The Detailed plan costs $11 per month while the Performance plan is $24 per month, both billed annually. The biggest difference between the two plans is how many financial ratios Enloop analyzes: The Detailed plan only gets three ratios and Performance plan gets 16.

Enloop is best for those who have some experience creating business plans, not necessarily for those who are starting from scratch as there are no brainstorming or strategizing tools included. Use Enloop to create business plans quickly.

• Three business plans for each tier
• Generates a business plan automatically
• Compares your financials to industry standards
• Seven-day free trial available
• Scorecards indicate odds of success
• No messaging team members through app
• Not meant for strategizing

Best for Consultant Groups

$80 per, user per month

Not everyone wants to go it alone when creating business plans and consultants are often hired for industry expertise and business plan creation. AchieveIt offers generous plans that won’t limit the number of plans and projects you can create, so you can work on multiple business plans at one time.

Specifically, AchieveIt is planning software meant for medium to large teams to work on projects simultaneously. For business planning, it’s a great option for those strategizing and analyzing a variety of data points with multiple people—all of AchieveIt’s plans have a minimum requirement of 20 users.

Plans are pricey, especially when you consider the user minimum. Core, the lowest-priced plan, costs $80 per user, per month, and Plus is $90 per user, per month, both billed annually. So, it’s going to cost $1,600 per month, at least, which puts this software out of reach for most small businesses.

AchieveIt is a good choice for large businesses that need planning software and for business plan purposes, it makes most sense for established consultant groups.

• Unlimited plans and projects
• Collaboration tools
• Goal management
• 20-user minimum
• Pricier than most competitors
• Integrations at added cost

Best for Teams

Business sorter.

$10 per month

When you’re ready to craft your business plan, it can help immensely to have business planning software like Business Sorter. The cloud-based app makes it easy for you to start a plan and kicks off your business planning with a SWOT analysis (strengths, weaknesses, opportunities, threats). Then, you can follow a guide to build your plan with each section divided by areas. After which, you can choose cards to help steer you toward the right objectives and goals for your business.

You won’t find roadmapping tools in Business Sorter, but the card system keeps you on track (and even gives you goals you may not have considered). As you prioritize goals, you’ll find steps you need to take that guide you to completing your business plan. Every plan allows multiple users, so you can collaborate on what takes precedence.

Plans start at $10 per month, billed annually, and allows you to have three users on board. For 10 users, the Medium plan costs $30 per month, billed annually, and if you need 30 users, the Large Team plan will run you $80 per month, billed annually. It’s one of the most affordable business planning apps for teams.

Although Business Sorter doesn’t offer a messaging tool, it’s still one of the best options for teams. You don’t have to pay per person, but you can add multiple people to the account to work on creating business plans.

• Easy-to-use business plan templates
• Free trial available
• Card system helps guide your goal setting
• Create up to 40 business plans
• Plans limit user count
• No messaging in app
• Very limited integrations

Forbes Advisor carefully considered a variety of software to choose the right business planning apps for this ranking. We compared features, ease of use, costs and collaboration. We ranked each company based on these factors using a 5-star rating system. The highest possible score is 5 out of 5 stars.

Here are the details of the factors we considered:

• Features: We looked at general and unique features of each app and gave more credit to software that provides better functionality for business planning.
• Cost: Regardless of your business size, cost is an important factor to consider when you’re adding new software to your tech stack. We awarded a higher score to those that offer free trials, free plans and affordable options.
• Ease of use: Programs that have a steep learning curve aren’t likely to be adopted by you or your team, so we chose software that’s user-friendly. Drag-and-drop interfaces or guidance through features and tools are helpful for any team.
• Customer reviews: An important factor for any software is how the general public views the program. We considered other ratings and studied the pros and cons listed by other users of the software to help us with our ranking.

Technically, you don’t need business plan software, but using it can make the entire experience easier and you’ll have better odds of creating a solid plan. You don’t even have to choose software made specifically for business planning—project management software is great for roadmapping and goal management. Aside from looking for software that includes financial forecasting, you’ll want collaboration tools, a user-friendly interface, affordable plans and ways to brainstorm or roadmap for your business idea.

One of the most important sections of any business plan is the financials. If you haven’t already done the research and calculations, look for a business plan app that automatically calculates these numbers for you.

Collaboration is also key if you’re working with a partner, team or consultants. At the very least, look for software that lets you invite viewers to see the work you’re doing, but the best business plan software lets users leave comments or work on a plan in real time simultaneously.

Ease of use is nearly as important as pricing. You’ll need software you and your team will use without spending too much downtime learning how to use it. It also makes no sense to choose a cost-prohibitive tool for creating a business plan—most of the software Forbes Advisor suggests is appropriate for small business budgets.

Finally, depending on the stage you’re in of business planning, you may want a tool that offers features that make it easy for you to create a roadmap for your business. If you’re in the early stages, these tools can help with brainstorming, prioritizing goals and managing your goals before you finalize your actual business plan.

Most business plan software helps guide you through the creation of a business plan with prompts, suggestions or tips. So, using business plan software is especially helpful for new business owners who don’t know all the sections to include to increase the odds of getting funding or luring a partner to join your operation.

Business plan software can also automate some processes, such as calculations of financials or comparisons of those finances with industry standards. Some business planning apps give you whiteboards or editable cards you can use for brainstorming. Other features may include scorecards to let you know if you’re on the right track or roadmapping tools to give you an overview of your business plan.

The biggest benefit of business plan software is that it helps you organize and prioritize all of your goals so you can more easily analyze and then compile the data you need to create your business plan. After that, you can create your plan from scratch or if you’re using business planning software made specifically for crafting plans, you can piece it all together and then export it as a PDF or to Microsoft Word.

Which business plan software is the best?

Forbes Advisor suggests Wrike, Smartsheet or LivePlan to help you write your business plan. Depending on the stage you’re in of business planning, one tool or another may be better for you.

How do I create my own business plan?

There are several steps you should follow to create a good business plan, but there are different types of plans you can create. Every business plan starts with a strong executive summary and includes your business goals and financial forecasting. Follow a guide on how to create a business plan to ensure you include all the sections needed.

What are the different types of business plans?

There are many types of business plans you can create and the one that makes the most sense for you depends on your situation. A standard business plan is meant for when you need to present to investors or a bank for financial help. A lean plan doesn’t include all the summaries and background information a standard plan does, so it’s more suitable for established business owners. There are also one-page business plans that are more like pitches. You may also run across operational, tactical, strategic and contingency business plans. We created a simple business plan template that you can use to get started when launching a side gig or small business.

Is business plan software secure?

As  with most types of software, the best business plan software programs offer many levels of security. When choosing this type of software, you want to look for security features that include multifactor authentication (MFA), intrusion detection, the monitoring of user activities, documentation that shows frequent security updates and patches, data encryption and privacy protection.

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Amy Nichol Smith spent more than 20 years working as a journalist for TV and newspapers before transitioning to software and hardware product reviews for consumers and small businesses. She has been featured in publications such as L.A. Times, Tom's Guide, Investopedia and various newspapers across the U.S.

Business Plan Pro

Business Plan Pro Overview

Business Plan Pro is a business planning software published by Palo Alto Software, founded in 1988 and headquartered in Eugene, Oregon. This solution targets small and midsize businesses across various industries looking to create professional business plans. It is available as desktop and online software with a mobile app companion. Business Plan Pro comes in different versions like Premier, Plus, and Basic depending on business needs.

The software runs on Windows and Mac desktops. Palo Alto Software provides email, phone, and live chat support during business hours. There are also community forums, video tutorials, webinars, and local seminars available for training. The solution is SOC 2 certified for data security with role-based access control, data encryption in transit and at rest, and strict data privacy policies to safeguard sensitive information.

Business Plan Pro Key Features and Modules

Key capabilities of Business Plan Pro include financial modeling tools, 500+ templates, automated formatting, writing guidance, collaboration features, and more. Users can model cash flow statements, profit and loss statements, balance sheets to assess business viability. The software provides industry-specific templates for retail, manufacturing, healthcare, tech, and other verticals. It automatically formats sections and text as you write your plan. The collaboration tools allow you to work on plans together with colleagues and advisors. You can also export completed plans to Word, PDF, and PowerPoint.

Business Plan Pro integrates seamlessly with the LivePlan online business planning platform for additional forecasting features. It stands out from competitors with in-depth financial analysis capabilities paired with expert content to simplify and speed up the planning process.

Benefits of Using Business Plan Pro

Business Plan Pro makes it easier for entrepreneurs and business managers to create comprehensive, investor-ready business plans. By handling financial projections, formatting, writing guidance, and example content, it allows users to focus on telling the story of their business vision. This saves significant time and effort while providing confidence that the completed plans cover all essential information for clarity and impact.

Business Plan Pro Pricing

Business Plan Pro uses a tiered pricing model based on product version. Premier costs $199.95 as a one-time payment, Plus is $99.95 one-time, and Basic is free. The paid versions include all features while Basic has limited functionality. Total cost of ownership is low since there are no recurring fees. Users only pay once to create unlimited plans. There are also discounted academic versions for students and educators.

Business Plan Pro Reviews

Based on reviews from popular software sites, Business Plan Pro receives consistently positive feedback. Customers highlight the value for money from the robust financial modeling tools and large library of professional templates. Many reviewers are entrepreneurs and small business owners who found the software accelerated their planning process. Analysts praise Business Plan Pro for simplifying financial projections and providing expert guidance to first-time entrepreneurs. With a large number of 5-star reviews, most customers recommend the software and intend to renew their licenses.

While some users felt the interface could be more intuitive, overall ease of use is considered a key strength. Support channels like live chat, phone, email, forums receive positive remarks for timely and knowledgeable assistance. Considering the depth of features for the price, Business Plan Pro delivers strong ROI with moderate TCO from the one-time fee structure.

Business Plan Pro Advantages

Business Plan Pro has several key advantages for entrepreneurs and small business owners:

• Built-in financial modeling tools - Makes creating 3-year financial projections simple without accounting expertise
• 500+ professional templates - Provides industry-specific examples and best practices to accelerate writing
• Formatting guidance - Ensures plans follow proper structure for clarity and flow
• Collaboration features - Allows multiple stakeholders to provide input on the business plan
• Export to Word, PDF and PowerPoint - Creates polished, presentation-ready deliverables to share plans with others

Business Plan Pro Disadvantages

The main downsides cited for Business Plan Pro are:

• Steep learning curve - With many features and configuration options, first-time users can get overwhelmed
• Limited customization flexibility - While templates accelerate writing, they constrain ability to customize structure
• No lifetime license - License keys must be renewed after 12 months to continue using the software
• Windows/Mac only - Without web/mobile apps, plan creation limited to desktop environments

Is Business Plan Pro For You?

For entrepreneurs and small business owners seeking investor funding or SBA loans, Business Plan Pro delivers excellent value. The tool simplifies and accelerates creation of comprehensive financial models and well-structured plans critical for capital raising. While the interface may present a short learning curve, the power and polish it brings to deliverables make it well worth the effort.

As with any software purchase, requirements gathering is key to ensure the solution aligns to your planning needs and environment. With over 30 years advising clients on software selection, the experts at TEC are ready to guide you towards the best business planning solution for your unique situation.

Subscription starting at:

Pricing options.

• One-Time Purchase

Price details

Business plan pro features, modules and capabilities.

• United Kingdom
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• North America
• Business Hours
• Email Support
• Knowledge base
• Online Support
• Phone support
• Professional Services & Custom Paid Support
• Video tutorials
• Live Online
• Forecasting

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Prodio Prodio

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Upmetrics Upmetrics

ABS Ultimate Business Planner Atlas Business Solutions, Inc.

Iplanner.net startup framework iplanner.net.

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Home > Business > Business Startup

• 5 Best Business Plan Software and Tools in 2023 for Your Small Business

Data as of 3 /13/23 . Offers and availability may vary by location and are subject to change.

We are committed to sharing unbiased reviews. Some of the links on our site are from our partners who compensate us. Read our editorial guidelines and advertising disclosure .

A business plan can do a lot for your business. It can help you secure investors or other funding. It can give your company direction. It can keep your finances healthy. But, if we’re being honest, it can also be a pain to write.

Luckily, you don’t have to start from scratch or go it alone. Business plan software and services can help you craft a professional business plan, like our top choice LivePlan , which provides templates, guidance, and more.

You’ve got quite a few choices for business plan help, so we’re here to help you narrow things down. Let’s talk about the best business plan tools out there.

• LivePlan : Best overall
• BizPlanBuilder : Most user-friendly
• Wise Business Plans : Best professional service
• Business Sorter : Best for internal plans
• GoSmallBiz.com : Most extra features
• Honorable mentions

Business plan software 101

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LivePlan: Best overall business plan software

Data as of 3 /13/23 . Offers and availability may vary by location and are subject to change. *With annual billing

LivePlan has been our favorite business plan software for a while now, despite the stiff competition.

There’s a lot to like about LivePlan. It has pretty much all the features you could want from your business plan software. LivePlan gives you step-by-step instructions for writing your plan, helps you create financial reports, lets you compare your business’s actual financials to your plan’s goals, and much more. And if you ever need inspiration, it includes hundreds of sample business plans that can guide your writing.

LivePlan software pricing

But the best part? You get all that (and more) at a very competitive price. (You can choose from annual, six-month, or monthly billing.) While LivePlan isn’t quite the cheapest business plan builder out there, it’s not too far off either. And if comes with a 60-day money back guarantee. So there’s no risk in trying LivePlan out for yourself.

With a great balance of features and cost, LivePlan offers the best business plan solution for most businesses.

BizPlanBuilder: Most user-friendly

Need something easy to use? BizPlanBuilder fits the bill.

BizPlanBuilder doesn’t have a flashy, modern user interface―but it does have a very clear, intuitive one. You’ll be able to see your plan’s overall structure at a glance, so you can quickly navigate from your title page to your market trend section to that paragraph on your core values. And as you write, you’ll use a text editor that looks a whole lot like the word processing programs you’re already familiar with.

BizPlanBuilder software pricing

Data effective 3/13/23. At publishing time, amounts, rates, and requirements are current but are subject to change. Offers may not be available in all areas.

BizPlanBuilder also offers lots of helpful guidance for actually writing your plan. It gives you pre-written text, in which you just have to fill in relevant details. It offers explanations for what information you need to include in each section of your plan and way. It even gives you helpful tips from experts, so you’ll have all the information you need to plan like a pro.

So if you want planning software with almost no learning curve, you’ll like BizPlanBuilder.

Wise Business Plans: Best professional service

• Custom quote

Unlike all the other companies on this list, Wise Business Plans doesn’t offer software. Instead, it offers professional business plan writing services―meaning someone does all the hard work for you.

Now, you might think that sounds expensive―and you’re probably right (you have to request a custom quote for your plan). But there’s a lot to be said for expertise, and Wise Business Plans has plenty of that. Your business plan will get written by an experienced writer (with an MBA, no less). They’ll get information from you, do their own research, and then write your plan. You get one free revision, and you can always pay for more.  

Wise Business Plans service pricing

Your end result will be a polished, entirely original business plan. (You can even get printed copies.) And best of all, you won’t have to spend your precious time working on the plan yourself. Wise Business Plans takes care of all the hard parts, and makes your business look good while doing it. Sounds like a service worth paying for, right?

Put simply, if you want the most professional business plan possible, we recommend using Wise Business Plans’s writing service.

Business Sorter: Best for internal plans

Many businesses need plans to show to people outside the company (to get financing, for example). But what if you just need a plan for internal use? In that case, we suggest Business Sorter.

Business Sorter uses a unique card-based method to help you craft the perfect business plan. (You can watch a demo video to see how it works.) You’ll plan some of the usual things, like finances and marketing. But Business Sorter also lets you make plans for specific teams and team members. It also emphasizes more internal matters, like operations, that might get overlooked in a business plan for outsiders.

Business Sorter software pricing

After you’ve made your business plan, Business Sorter also helps you stay accountable to it. You can create tasks, give them deadlines, and assign them to team members―giving you basic project management tools to make sure your business plans become business actions. (Oh, and did we mention that Business Sorter has the lowest starting prices of any software on this list?)

It all adds up to a business plan software that works great for internal planning.

GoSmallBiz: Most extra features

Want to get way more than just business planning software? Then you probably want GoSmallBiz.

See, GoSmallBiz offers business plan software as part of its service―but it’s just one part of a much bigger whole. You also get everything from discounts on legal services to a website builder to a CRM (customer relationship manager) to business document templates. And more. In other words, you get just about everything you need to get your startup off the ground.

GoSmallBiz software pricing

Don’t worry though―you still get all the business planning help you need. GoSmallBiz gives you business plan templates, step-by-step instructions, and the ability to create financial projections. And if you get stuck, GoSmallBiz will put you in touch with experts who can offer advice.

If you want business planning and much, much more, give GoSmallBiz a try.

• PlanGuru : Best financial forecasting
• EnLoop : Cheapest tool for startups

We recommend the software above for most business planning needs. Some businesses, though, might be interested in these more specialized planning software.

Honorable mention software pricing

PlanGuru: Best financial forecasting features

PlanGuru is pretty pricey compared to our other picks, but you might find its forecasting features worth paying for. It has more forecasting methods than other software (over 20) plus it lets you forecast up to 10 years.

EnLoop: Cheapest tool for startups

EnLoop doesn’t have our favorite features or interface, but it does have really, really low pricing plus a seven-day free trial. It's the most affordable software for startup business planning and still provides all the essential features like financial analysis, team collaboration, charting, and more.

Data as of 3 /13/23 . Offers and availability may vary by location and are subject to change. * With annual billing

Several of our previous favorite planning software, including BusinessPlanPro and StratPad, seem to have gone out of business.

A business plan is a written, living document that tells the story of your business and what you plan to do with it. It serves as the source of truth for you—the business owner—as well as potential partners, employees, and investors, but it also serves as a roadmap of what you want your business to be.

Why you need a business plan

While some small-business owners don’t see the point of creating a formal business plan, it can have some concrete benefits for your business. For example, one 2016 study found that business owners with written plans are more successful than those that don’t. 1

Still too vague? Then let’s get specific.

If you ever seek business funding (from, say, banks, angel investors , or venture capitalists ), you’ll have to prove that your business deserves the money you want. A formal business plan―complete with financial data and projections―gives you a professional document you can use to make your case. (In fact, most potential investors will expect you to have a business plan ready.)

Even if you’re not seeking funding right now, a business plan can help your business. A formal plan can guide your business’s direction and decision making. It can keep your business accountable (by, for example, seeing if your business meets the financial projections you included). And a formal plan offers a great way to make sure your team stays on the same page.

What to include in your business plan

Not all business plans are created equal. To make a really useful business plan, you’ll want to include a number of elements:

• Basic information about your business
• Your products/services
• Market and industry analysis
• What makes your business competitive
• Strategies and upcoming plans
• Your team (and your team’s background)
• Current financial status
• Financial and market projections
• Executive summary

Of course, you can include more or fewer elements―whatever makes sense for your business. Just make sure your business plan is comprehensive (but not overwhelming).

How business plan software can help

With so many elements to include, business plan creation can take a while. Business plan software tries to speed things up.

Most business plan software will include prompts for each section. In some cases, you can just fill in your business’s specific information, and the software will write the text for you. In other cases, the software will give you specific guidance and examples, helping you write the text yourself.

Plus, business plan software can help you stay organized. You’ll usually get intuitive menus that let you quickly flip through sections. So rather than endlessly scrolling through a long document in a word processor, you can quickly find your way around your plan. Some software even lets you drag and drop sections to reorganize your plan.

Sounds way easier than just staring at a blank page and trying to start from scratch, right?

Choosing business plan software

To find the right business plan builder for your business, you’ll want to compare features. For example, would you rather write your own text, getting prompts and advice from your software? Or would you rather go with a fill-in-the-blank method?

Likewise, think about the elements you need. If your plan will have a heavy focus on finances, you’ll want to choose business plan software with robust financial projection features. If you care more about market and competitor analysis, look for software that can help with that research.

You may also want to find business plan software that integrates with your business accounting software . Some plan builders will import data from Xero, QuickBooks, etc. to quickly generate your financial data and projections.

And of course, you’ll want to compare prices. After all, you always want to end up with software that fits your business budget.

The right business plan software can make your life easier. With LivePlan ’s wide breadth of features and online learning tools, you can’t go wrong. Plus, BizPlanBuilder 's one-time pricing makes it easy to invest while Business Sorter has a low starting cost. And if you're business is looking to grow, GoSmallBiz and Wise Business Plans will scale with you.

But of course, different companies have different needs. So shop around until you find the software that’s best for you and your business.

Now that you've got a business plan, take a look at our checklist for starting a small business.  It can help you make sure you have everything else you need to get your startup off to a good start!

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Creating a business plan can take anywhere from a couple hours to several weeks. Your timeline will depend on things like the elements you choose to include, whether you use software or hire a writing service, and how much research goes into your plan.

That said, much of the business plan software out there brags that it can help you create a fairly detailed plan in a few hours. So if you’re going the software route, that can help you set your expectations.

If you want to get the most out of your business plan, you should update it on a regular basis―at least annually. That way, you can continually refer to it to inform your company’s strategies and direction.  

At the very least, you should update your business plan before you start looking for a new round of funding (whether that’s with investors or lenders).

Thanks to business plan software, you can easily write your own business plan rather than pay someone to do it for you. And in most cases, software will cost you less than a professional business plan service.

There are some times you might want to go with a service though. If time is tight, you might find that it’s worth the cost of a service. Or if you’ve got big investor meetings on the horizon, you might want the expertise and polish that a professional service can offer.

Ultimately, you’ll have to decide for yourself whether business plan software or a business plan service will work better for your company.

Methodology

We ranked business plan software and tools based on features, pricing and plans, and connections to project management and other services. The value of each plan and service, along with what it offers, was a big consideration in our rankings, and we looked to see if what was offered was useful to small businesses or just extra. The final thing we looked at was the ease of use of the software to see if it's too complex for small businesses.

At Business.org, our research is meant to offer general product and service recommendations. We don't guarantee that our suggestions will work best for each individual or business, so consider your unique needs when choosing products and services.

Sources 1. Harvard Business Review, “ Research: Writing a Business Plan Makes Your Startup More Likely to Succeed .” Accessed March 13, 2023.

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5 Best Business Plan Software in 2022

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When you’re starting a business, developing a strong business plan will be one of the first steps you take. Your business plan will cover everything from a detailed explanation of your products or services and pricing model to at least three years of financial projections—plus much more. Therefore, whether you’re not sure how to get started or you’re just looking to make the process easier, you may want to turn to business plan software for help.

In this guide, we'll break down five of the best business plan software options—discussing their pros, cons, features, pricing, and more—so you have all the information you need to decide which solution is right for your small business.

Looking for tools to help grow your business?

Tell us where you're at in your business journey, and we'll direct you to the experience that fits.

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The 5 best business plan software options

The right business plan software will make the process of writing your business plan much simpler. Like many business software solutions, however, there are a number of different business plan software options out there—each of which has a unique set of features, user experience, and price.

This being said, if you're looking for a place to start your search for the best business plan software, you can explore the five top options below:

How much do you need?

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We’ll start with a brief questionnaire to better understand the unique needs of your business.

Once we uncover your personalized matches, our team will consult you on the process moving forward.

1. LivePlan

Best overall business plan software.

If you want template-rich, modern-feeling business plan software, then LivePlan may be the right pick for you. LivePlan excels with their user interface, which feels updated and slick, and also offers intuitive, easy-to-use features and options.

Their step-by-step instruction will help you kick things off from the beginning, and you can take advantage of their online learning center to continue to gain business skills.

Affordable plans, including pay-as-you-go option

No long-term contracts or cancellation fee; 60-day money-back guarantee

Modern, intuitive interface; cloud-based, can be used on Mac, PC, as well as tablets

Ability to create unlimited plans in one account; over 500 customizable templates

Variety of business resources including video tutorials, step-by-step instruction, and general customer support

Limited integration options

Challenging to enter your own financial modeling projections

Can be difficult to learn

Ability to create an unlimited number of business plans on one account

More than 500 business plan templates spanning various industries

Integration with Xero and QuickBooks Online

Real-time tracking of financial data with accounting integrations

Ability to export your business plan to Word or PDF

Expert advice and step-by-step instruction included

Performance dashboards for tracking against budgets and sales goals

Ability to create and export a one-page pitch executive summary

Annual plan: $15 per month, billed every 12 months

Six-month plan: $18 per month, billed every six months

Pay-as-you-go plan: $20 per month, billed once every month

2. GoSmallBiz

Best for multiple business management tools in one platform.

Next on our list of the best business plan software options is GoSmallBiz, which is much more than just a business plan software. With GoSmallBiz, you have access to business continuity planning software with features that cover creating a roadmap, working through business and legal forms, building a website, and more.

In this way, GoSmallBiz is great for startups or newer businesses looking to access multiple business management tools through one platform.

Unlimited business consultation and extensive library of online resources

Multiple business tools in one software

Website consultation analysis and business assessment

Industry-specific business plan templates with emphasis on financial projections and statements

Expensive monthly cost compared to alternatives

Limited business plan features

Entire business plan can only be exported to Microsoft Word

Outdated interface

Industry-specific business plan templates with step-by-step building wizard

Ability to create financial statements and projections

Free website hosting and website builder

Customer relationship manager with integration with MailChimp

Digital marketing dashboard with social media and Google Analytics integrations

HR document builder

Corporate minutes writer

Business documents library

Business courses library

Unlimited business consultation

$39 per month, no contracts, free cancellation

Best for simple, fast business plan creation.

If you're looking for free business plan software, Enloop will be one of your closest options—they offer an all-inclusive seven-day free trial, no credit card required. Additionally, unlike some of the other options on our list, Enloop is strictly dedicated to business plan creation, including automated text writing, financial forecast comparisons, and a real-time performance score that tracks your progress.

This being said, if you'd prefer the most straightforward, fast, and simple way to write your business plan, Enloop will be a platform worth considering.

Simple and straightforward software, solely dedicated to business plan creation

Seven-day free trial

Automatic text generation available to streamline the writing process

Affordable plans with annual discount option

Limited additional educational resources

Only one template option

No integration options

Ability to create three business plans with customizable text, images, tables, charts, and over 100 currency symbols and formats

Includes automatic text generation for each plan section that you can then customize

Automatically generated financial statements

Includes financial performance comparison analysis (using three ratios with Detailed plan and 16 with Performance plan)

Real-time performance score to track your progress

Ability to invite users to edit (two with Detailed plan, five with Performance plan)

Pass/fail report and certificate to help you identify issues with your plan

Free plan: Seven-day free trial with no credit card required

Detailed plan: $19.95 per month or $11 per month, paid annually

Performance plan: $39.95 per month, or $24 per month, paid annually

Best for startups looking to acquire funding or find investors.

Part of the Startups.com suite, Bizplan gets top marks for their user interface—it’s intuitive, easy to use, and modern. You’ll work with a step-by-step business plan builder to get exactly what you’d like from your business plan. It may remind you of a modern website builder, since it has drag-and-drop tools to build templates.

Moreover, for one subscription fee, you have access to all of the tools in the Startups.com network, including self-guided courses, how-to guides, masterclass videos, and more. All in all, with a direct connection to Fundable, Bizplan is a top business plan software option for startups looking to acquire funding and find investors.

Subscription gives you access to all Startups.com tools

Lifetime access subscription option

User-friendly drag-and-drop business plan builder

Excellent educational resources

Connection to Fundable great for businesses looking for capital

No free trial

No templates based on industry

No mobile access

Drag-and-drop templates for business plan building

Financial command center to track all business financials in one place

Unlimited account collaborators

Ability to share business plan online with investors

Online resources including self-guided courses, masterclass videos, how-to guides, mentorship access

Unlimited software use for Fundable, Launchrock, and Startups.com

Monthly plan: $29 per month

Annual plan: $20.75 per month, billed at $249 per year

Lifetime access: $349 one-time fee

5. PlanGuru

Best for financial planning and budgeting.

Finally, for some of the strongest financial features among business plan software options, including budgeting and forecasting, you might check out PlanGuru. Whereas the other solutions we've reviewed were first and foremost focused on writing a business plan, PlanGuru is dedicated to business financial planning —providing the tools you need to create budgets, financial forecasts, reports, and more.

Therefore, if you need a software solution that can streamline the financial piece of your business planning processes, PlanGuru will certainly have the most to offer.

Extensive financial tools and detailed forecasting, budgeting, and reporting capabilities

Substantial library of resources

Cloud-based and desktop options

14-day free trial and 30-day money-back guarantee

Expensive, especially for additional users

Only focuses on the financial aspect of business planning; no templates or tools for basic business plan writing

Difficult to use without prior financial knowledge

Cloud-based version of software, as well as locally installed Windows version (desktop version has a few more features)

Works with QuickBooks Online, Xero, and Excel

Budgeting and forecasting for up to 10 years

Over 20 standard forecasting methods

Formula builder to create custom methods

Ratios and KPIs

Dashboard and reporting tools

Help guides, video tutorials, knowledgebase, and live U.S.-based customer support

14-day free trial

$99 per month (additional users $29 per month)

$899 per year (additional users $299 per year)

What to look for in business plan software

Ultimately, it's up to you to decide, which, if any, of the best business plan software solutions on our list is right for your business.

So, if you're trying to figure out how to choose between the various options out there, it might be helpful to compare your top choices based on the following criteria:

Features: As we've seen different business plan software solutions offer different features. You'll want to look carefully at the feature list of any software and determine what features are most important for your business needs. Do you need an extensive library of templates with detailed customization? Would you prefer software that includes an online learning center for business skills? Are you looking for a solution that combines business plan writing with other tasks? It may be useful to list out your ideal feature set, so you can compare individual software plans to that list.

Price: Although you might be able to find some free business plan software options (or at the very least, free trials), in most cases, you'll need to pay a subscription fee to access the platform you choose. Therefore, you'll want to think about what your budget is for this business tool and what type of software is most cost-effective for your needs.

User experience: User experience can vary widely among different business plan software options. You’ll find some programs that are newer or have been recently updated. Others might have the kind of interfaces that felt new years ago but are now pretty out of date—and, subsequently, make them a little harder to use. The right user experience for your needs is genuinely a matter of opinion and comfort—nevertheless, it's worth testing thoroughly testing out a platform to ensure that it can truly work for you before investing in a monthly or annual subscription.

The bottom line

There's no doubt that properly crafting your business plan is important for the future growth and success of your small business. Luckily, the right business plan software should make the process much simpler.

This being said, whether you opt for one of the best business plan software options listed here, or another platform entirely, you'll want to take the time to compare multiple solutions and ensure you choose the one that's right for your business.

As we mentioned, it can be helpful to think about the features you're looking for, your budget, and your user-experience preferences ahead of time—that way, you'll have a set of criteria in mind as you explore different solutions.

Ultimately, perhaps the best thing you can do to find the right software is to actually test out the platforms themselves—either by using a free trial or a money-back guarantee.

This article originally appeared on JustBusiness, a subsidiary of NerdWallet.

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Review of Business Plan Pro - Business Planning Software for Organizations of All Sizes

• Michele McDonough
• Categories : Entrepreneurs , Business
• Tags : Office entrepreneurs topics business planning , Review

Overview of Business Plan Pro

If you’ve never created a business plan before, the thought of doing so can be a little daunting. Even business owners who are used to drawing up these documents will put the process off to the last minute and only put minimal effort into their creation. In fact, it’s not uncommon for people to view a business plan as something that is only used to attract potential investors and not realize how valuable a tool it can be to help manage a company or organization.

However, since most investors and lending institutions do require some form of business plan, software developers have noticed the need for tools to help create these plans. As such, there are quite a few applications on the market dedicated to business plan creation. Business Plan Pro is one of these products, and it claims to help you create a completely customized business plan quickly and efficiently. In this review, we’ll explore the capabilities of the software and see if it lives up to these claims.

Ease of Use (5 out of 5)

When you first open Business Plan Pro, you’ll be met with a welcome screen asking if you want to create a new business plan, open an existing plan, or view one of over 500 sample business plans. This opening screen also provides links to a Getting Started Guide and an introductory movie, both of which are excellent resources for new users.

If you’re the type who likes to jump right into a new software application without spending any time with tutorials, you should still be fine. After choosing the option to create a new business plan, a wizard will ask a series of questions to help determine which elements should be included in this plan. If you happen to make a “wrong” choice here, it’s no biggie since you can always add components later.

Overall, I was surprised that an application capable of creating such complex documents was so easy to navigate and use. After using Business Plan Pro for a couple of hours, the software became seamless with the actual act of writing a business plan so that the only things I really had to think about were related to the business itself – not how I would incorporate the information into the plan.

To make things even easier, Business Plan Pro has a built-in mechanism that can help you figure out how to word your own business goals and objectives. Each component of the plan has instructions as well as examples pulled from the collection of sample plans that comes bundled with the software. For instance, in the Mission Statement section, the instructions explain what a mission statement is and why you need one. Then, if you’re stuck for what to write, you can view examples from other business plans without ever leaving your current document. The software even has functionality that lets you paste any example into your own plan with just a click of a button, ready to edit to your own specifications.

Performance and Features (5 out of 5)

The Premier version of Business Plan Pro contains one of my favorite features – the ability to compare actual results with planned goals. This capability makes the business plan more of a living document, which it should be if you hope to get the most use out of it. The whole purpose of creating financial goals is to help you run a better business, and that’s hard to do if your business plan is shoved in a drawer all year long until it comes time to write a new one.

Another very nice feature of Business Plan Pro is that it allows you to create important financial documents, such as Cash Flow Pro Formas , quickly and efficiently. You can either enter the values yourself in a spreadsheet or use a very handy wizard that will walk you through the process, asking all pertinent questions along the way.

Business Plan Pro also gives you the option of including a SWOT Analysis and website objectives in your plan. Again, this is crucial for those who want to create a business plan that is actually useful instead of a dust-collecting document requested by potential investors.

Support, Documentation, and Additional Resources (5 out of 5)

The number of user resources provided by Palo Alto Software, the creators of Business Plan Pro, is simply phenomenal. To begin with, you’ll be met with links to entry level tutorials each time you open the application. The introduction movie that accompanies the software is about nine minutes long and is a fantastic guide that covers most of the basics of Business Plan Pro. If you prefer a non-video initial tutorial, the Getting Started Guide is an excellent alternative that walks you through the software’s features with explanations and screen shots.

On top of that, you can access a number of tutorials on more advanced features of the software from the Business Plan Pro web site. The web site also contains information on how to deal with technical problems you may encounter. If you’re still at a loss, you can contact the customer care team either by email, live chat, or phone during standard west coast business hours.

To further complement Business Plan Pro, Palo Alto Software maintains several additional resources on its devoted business planning web site . This site is a great place to visit even if you’re not an owner of the software since most of the tips and tutorials are geared toward helping business owners understand business plans and how to use them more effectively.

Price to Value (5 out of 5)

The Premier Edition of Business Plan Pro (the version evaluated for this review) runs $199.95 and includes all of the more advanced features such as plan vs. actual comparisons and import from Excel capabilities. There’s also a Standard Edition of the software available for $99.95 that is still quite robust but doesn’t include the plan vs. actual analysis functionality or several other features. For a full version comparison, check this list .

Even though the Premier Edition is twice the cost of the Standard, the added capabilities make it quite worth the price. This is particularly true if you want to use your plan as a model to help run your business on a day-to-day basis.

Overall Rating (5 out of 5)

The trouble with most business planning software applications is that the finished product looks like it was created from a template. Now, that’s not always bad, but it can give the impression that you were creating the document solely due to a potential investor’s request. In the end, this approach really isn’t helpful to either your business or anyone else. Business Plan Pro is quite different in this respect as it allows you to create a completely customized document that not only can be presented to funding sources, but can also be used to manage and grow your business.

In my opinion, Business Plan Pro is the best business planning software on the market with no close second in sight. In fact, if used to its full potential, it would be more apt to call the application a business management product that just happens to support the creation of stellar business plans. If you’re still shopping, make sure to keep this program on your short list.

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Best Business Plan Software: Which is the Right Solution for You?

Getting your business started might not be as hard as you think. There are a number of business planning tools out there, and finding the best business plan software for your needs will help you get going. There are loads of business plan software options, and finding the best business plan software will ensure that you have the best tools for your budding start-up.

Entrepreneurs have a range of challenges when it comes to starting up a new business. One of the biggest ones is getting the cash to fund operations, and few new companies are profitable from the get-go. When you go looking for investors, you will need to have a solid business plan and some projections that show how your idea can be turned into a profitable business.

Luckily for you, there are a number of business planning software platforms to help. Every business planning software platform will offer you something different, and some will be better suited to your business idea than others. These platforms can also help you take your company to the next level, and deliver the kind of data analysis that will allow your company to compete on a larger scale.

Finding the Best Business Plan Software

Table of Contents

When you decide to take your idea to the marketplace, you need to have something to show potential investors. The business plan that you generate will also help you to stay focused, and make sure you are accomplishing the things that will make your business a success.

Here are some of the best business plan software options in the market today, so you can find the one that best suits your business’ needs.

Live Plan by Palo Alto Software

Whether you need a strategic business plan or a funding plan to attract potential investors to expand your established company, Live Plan is of the top options on the road towards your goals.

Palo Alto’s platform is built for companies that are just starting up, or already have a business that is up and running. It has full compatibility with industry-standard QuickBooks and Xero accounting systems, although it will not allow you to import information directly from a spreadsheet.

Live Plan’s main focus is on business planning with loads of features from a one-page business pitch, to business plan writing guidance, and financial forecasting. It also features a dashboard, which shows you how things are going at a glance.

LivePlan provides instructional videos and text descriptions of what needs to be done throughout the business plan’s building process. Furthermore, the free blog has hundreds of articles on business planning subjects. You don’t have to think about how to use it, as the company and community have already done loads to make the platform accessible.

The platform also offers you access to the latest market analysis and company trends. It has step-by-step support and guidance on where to find financial support, making it one of the best options for business plans to write.

LivePlan is priced at just $19.95 a month, with annual purchase discounts and a free trial offer, the platform is ideal for any size company. Unless you feel happy with the service, you will be supported with a money-back guarantee for 60 days, regardless of which plan you sign up for.

Visit LivePlan

• When it comes to advantages, Live Plan has all wonderful bright sides that suit whether a new venture or an existing business. There’s probably a lot to see in this section.
• There are more than 500 templates in the LivePlan program to meet your needs. LivePlan also provides technology integration like Xero and QuickBooks Online, to take you out of stress from data entry. As a result, it’s much easier to update your business plan as needed.
• The platform also helps you to export your project to a creditor or investor which will help if you need to present it. Benchmarking feature is another powerful tool of LivePlan.
• LivePlan provides companies like yours with the ability to compare the numbers and goals of your business, so you can see where you fall relative to these benchmarks.
• It would be better if Live Plan can adjust third-party integrations. Currently, there’s a lack of a spreadsheet option to import financial data. It currently only provides the ability to import financial data from QuickBooks or Xero.
• As a result, the data or time period is not controlled by you. This is a turnoff for companies that are set up to keep track of their monthly finances and use their own spreadsheets. Overall Live Plan does a lot for the money and is a good fit for startups, or SMEs.

Read our full review of LivePlan here.

Created in 1996 by Fran Tarkenton, GoSmallBiz is a proven business plan software providing a simple-to-use tool for business planning that includes step-by-step templates with built-in advice modules.

GoSmallBiz offers a range of online learning tools for those who are starters to business planning, including business mentoring, business courses, and weekly updates. It also provides users with guidance from an actual CEO and specialist in business planning, so you can take comfort in knowing that you will never be steered in the wrong direction.

The platform also offers hundreds of company-specific models creating the exact business owners requiring documents. And, after setting up automatic reminders, its virtual calendar management will schedule meetings, appointments, and customer events.

The financial statements and projections are other great features of the platform. Business owners should carry out a detailed analysis of sales and profit and look at profits, cash flow, and balance sheets. These tasks are easy to do with GoSmallBiz.

GoSmallBiz is priced at a reasonable $39 a month, but you can choose their 60-day free trial if you want to see how it’s going to work with your business model before making any decision.

• With GoSmallBiz, you have access to unlimited business consultations and mentoring for any business-related matter. In addition, consultants are selected for their knowledge and experience in running a small business. All senior advisors have run small businesses themselves.
• Senior advisors have in-depth knowledge in one or more of the disciplines: tax, accounting, marketing, finance, advertising, technology, and general business. Such participants are chosen based on their wide range of experience rather than on industry knowledge.
• An additional strength of GoSmallBiz is customized reporting. One size certainly doesn’t suit all when it comes to reporting. Therefore, instead of requiring users to use the same reporting forms, GoSmallBiz provides customized reporting so as to meet customers’ needs.
• Lastly, GoSmallBiz gives you a chance to test the water before you decide whether the service fits your needs or not with a 60-day free trial.
• The financial tools that GoSMallBiz includes are powerful but can be hard to use to create properly formatted balance sheet forecasts, income statement and cash flow statements without using a spreadsheet or preparing your own statement.
• There’s a lack of exporting capabilities as well, along with certain targeted integrations with common third-party software, particularly accounting and business intelligence applications. Like Live Plan, this may not be the best choice for an established company.
• Nonetheless, since GoSmallBiz defined itself primarily as a one-time business plan document, rather than a long-term planning method, it’s understandable that the company has not included these features.

Visit GoSmallBiz

EquityNet was created in 2005 as the only patented and original equity crowdfunding platform with only $2.1 million USD in funding. The platform matches competent investors with start-ups looking to raise from $10,000 to $10 million USD.

It has managed in the last 12 months to raise more than $115 million USD with more than 100,000 entrepreneurs and investors using the site. The platform includes two plans for value: one for investors and one for businessmen.

EquityNet also offers, along with its crowdfunding platform, cloud-based software that empowers you to build a business plan that will be accessible to investors and help them decide whether your business is worth investing in.

In reality, you don’t have to use EquityNet to raise funds at all, you can actually use the technology to evaluate and optimize your business planning.

The thing that sets EquityNet apart from others in this list of business plan software is that the software is not focused primarily on the development of business plans.

It is really a tool for both those looking for investments and those looking to invest. Nonetheless, its bundled business planning platform is well built and can help speed up the funding of start-ups.

In terms of fees, EquityNet is priced at $199 per month for analytical tools and crowdfunding. The platform also offers you a free version of business planning features, which lets you check out business and funding profiles, build your business plan as guided and view investor profiles.

• Equity Net offers unique services that match entrepreneurs with investors with a business planning tool to allow this process. EquityNet is not for any business and is expensive compared to other options on this list. The platform works best for those looking for funding from outside and the free version may appeal to entrepreneurs who want to create impressive charts and graphs.

The primary focus of Equity Net is also its drawback: it is a platform built for acquiring equity from investors. Equity Net’s development is based on crowdfunding contributions from investors you don’t know. If you just need a plan to sell your local Angel investor on your ideas, EquityNet is probably overkill.

Visit EquityNet

Recognized as a solid platform with loads of features and intuitive design, PlanGuru offers great value for small to medium-sized businesses, making it one of the strongest business plan software options.

PlanGuru provides financial statements, balance sheets, and cash flow statements as one of the top budgeting and forecasting software. In addition, the business plan app provides over 20 forecasting techniques to assist with tasks such as developing personalized market drivers, including non-financial information as well.

PlanGuru Analytics, a cloud-based finance dashboard, and reporting tool is a fully customizable interface that helps accountants and financial advisors to monitor key business performance tracking financial KPIs. PlanGuru also provides a sophisticated Excel reporting add-in that allows accountants to manage PlanGuru data in Excel and generate reports.

For comprehensive product information, users can watch tutorial videos or go through training material on its website.

PlanGuru pricing plans are available with 3 options:

• PlanGuru Startup ($99) with a fully integrated balance sheet, income statement, and cash flow statement and more, you can create forecasts for up to 10 years.
• PlanGuru Basic ($399) includes setup plus 60-day money-back guarantee, import services for QuickBooks & Excel, and more.
• PlanGuru Enhanced ($799) with standard features plus team account sub-totaling feature; combine unlimited prediction number; company valuation tool; qualified accountant engagement tools.
• Plan Guru (PG) is a friendly and flexible application for creating cash flow reports. It also builds a perfect budget and forecast for users, as well as compares the budget to your actual results. The platform keeps your company on track the cash and KPI’s automatically. As a first time user, the learning curve is shallow, which means that it is easy to use.
• The platform has a good layout and similar to excel format. PG has also a very responsive and knowledgeable support team. Finally, for those in management that only want to check the KPI’s they can sign in with Analytics, and get a quick idea of how things are going.
• PG is limited to monthly subscriptions, and the minimum monthly cost of $99 is higher than many competitors. It does provide a cloud-based version and costs an extra $45/month, so PG requires you to download your laptop and just run on Windows PC.

Visit PlanGuru

It is important to create a business strategy for business success, and business planning technology will make it easy and achievable. StratPad is one of many excellent resources for small businesses that can assist with the development of business plans, financial forecasting and more.

The StratPad business plan software includes several great features. The entire software setup is clear, simple to use and well-organized. StratPad is one of the best educational tools for free business planning. It also has an integrated system that links startups to sources of financing.

One of StratPad’s key tools is focused on creating business plans. Other tools include the ability to make financial projections that are both simple and complex. Through StratPad, you can even get support by applying for funding.

While the program itself is very useful, being able to go online and gain support from qualified business coaches makes this a very valuable tool, which separates StratPad from other business software

Entrepreneurs can use StratPad to monitor and report progress when discussing their business plan with partners and coworkers. StratPad also provides useful workshops video tutorials, online webinars and business toolkits for download.

• The simplicity of this platform is a consistent praised by real-world users. StratPad provides a free account without trial options as well as lots of educational resources such as workshops, video tutorials, interactive webinars, and downloadable business toolkits.
• The app is very easy for new users and has a step-by-step building process with detailed explanations at every turn. Also, it automatically makes charts, graphs and appendices for you based on the data you give. The platform also enables you to sync with QuickBooks to make information entry easier.
• StratPad is a cloud-based business plan software suitable for business owners and advisors who need a simple tool to create and ensure that their data is secure and accessible.
• StratPad isn’t the cheapest product in the marketplace. While it does give you many tools, it isn’t going to be a great way to go for startups with little cash at their disposal.
• Its services cost 29.99 GBP/month, while service providers such as LivePlan keep charging just $19.95 USD/month. The ability to add comments to the business plan is missing from StratPad.
• In addition, StratPad lacks examples of quality business plans that users can learn from.

Visit StratPad

Atlas Business Solutions Ultimate Business Plan

Atlas Business Solutions (ABS) Ultimate Business Planner 5.0 will start with a fairly user friendly-looking wizard that will take you through the process of creating a business plan and financial forecasting. Its Ultimate Business Planner works to help determine whether your business idea is worth pursuing or whether you need to reevaluate your vision for a more successful business.

The good part here is that it has advanced functionality, even though the software can still help start-up entrepreneurs.

The window-based software has over 1000 sample business plans to test and integrate with Microsoft Excel, Adobe PDF, and QuickBooks to walk you through the business planning process. Ultimate Business Plan also offers plenty of features for starting your business and helps you out with many forms and documents needed including financial projections and forecasts.

There’s also a lot of available resources such as valuable date from the SBA as well as free technical support for a limited time. Ultimate Business Planner is priced at $99.00 per year for a single-user license. The more users you add, the bigger the discount becomes, so for 10 users, the cost is just $549.

• This is one of the cheaper options compared to other software and user-friendly, given all the features that are included. Simple reports are easy to make, use, and print.
• The platform provides a multi-user option, that way different departments of the company can enter information independently from one another. It allows your company to edit the narrative to improve the wording if it is generated automatically, which is a nice selling point.
• There are no big downsides to the platform, although it isn’t the cheapest option there is. Overall it is a solid platform and could work well for your company.

Visit Atlas Business Solutions

If you’re looking for software that can support your business not only for business planning also when you seek new investors, check out Enloop. The platform is a straightforward and sophisticated software package for writing business plans online. Use Enloop to guide you through every step, avoid mistakes and save time.

Two features that differentiate Enloop are Autowrite and TextSync. With Autowrite, Enloop generates the framework of the business plan text using the information that you have carefully entered (such as financial forecasts and history of management).

While the Autowrite feature provides a higher degree of structure for business plans, TextSync feature is what makes Enloop stand out. By using TextSync feature, the items are automatically updated and the “data bubbles” are synced whenever there’s a change in numbers.

Businesses with simple text and no images may find Enloop a perfect choice as the software allows them to try out its business plan functionality for free with a no-charge version. You’ll need to pay at least $19.95 USD a month for anything else. Enloop helps business owners create business plans quickly and easily with a paid version as well.

• Enloop’s prices are quite competitive and it is also an appropriate alternative for those with a limited budget. Enloop offers unique features like AutoWrite, which provides the main text for your business strategy automatically, while TextSync syncs your data to keep the plan updated.
• The advanced and professional packages are included with its lowest-priced plan. There is also a free version, but it still lacks some of the features you’ll probably need eventually. You can access to app anytime with cloud-based software. Enloop is also compatible with every major OS.
• Enloop doesn’t integrate with Quickbooks, Xero, or other accounting software like other business planning software; therefore, you must enter your own financial data and it doesn’t also have a lot of assistance for beginners. Aside from that, it is an amazing option for businesses that need to get their plan together!

Visit Enloop

NetEkspert iPlanner.NET

NetEkspert is known for helping entrepreneurs and businesses create business plans, design financial models and optimize opportunities for project funding, NetEkspert has likely raised its reputation with the launch of iPlanner software.

iPlanner.NET is an enterprise performance management software with features such as dashboard, key performance indicators, qualitative analysis, and strategic planning. iPlanner.NET is available as SaaS code for system requirements.

Building a fast business plan is fairly easy with support from iPlanner.NET. However, the software seems more aimed at helping consultants and advisors build business plans for their clients rather than users building a business plan for their own use.

Because of this focus, most of its planning and guidance tools are created for consultants, instead of advanced business plan creation.

iPlanner.NET pricing plans are based on the number of project entities saved in the program.

A business unit or a non-profit agency usually produces a one-year Strategic Plan plan. There are six levels of pricing, ranging from A to F. Since iPlanner.NET comes with fewer features for actual business planning, the process is much simpler and the price is fairly affordable.

• The iPlanner.NET designer offers a clear and flexible setup for collaborative planning among many various group members in an organization. All of their business planning packages enable you to have infinite partners and allocate people three different roles: Project Owners, Advisors, and Viewers.
• The platform has the ability to work in an offline mode and then be integrated back into the online mode could be useful for some businesses. iPlanner’s costs start at $49 USD/year, which is much cheaper than many comparable services on the market.
• One definite upside is the multiple output tools, where the final document can be exported to Microsoft Word, HTML, or as a PDF file.
• iPlanner doesn’t have a month-to-month package for either of their services or offer a free version or trial. It also requires that the users have basic English skills, which may be a downside to an international startup that doesn’t have English speaking employees.

Visit iPlanner

The Business Plan Shop

Business Plan Shop is a great choice that you can’t ignore if you need to build a simple business plan. The program is user-friendly and provides the right areas to cater to stakeholders. It does an excellent job of making financial projections easy for non-accountants to make.

Financial forecasting is easy with The Business Plan Shop as the software will take care of this tricky part of any business for you, and craft all the documents that you need to get your funding approved: a monthly first-year cash flow forecast and a full set of 3 or 5-year financial statements.

You can export your document in PDF or MS Word format once you have created your financial forecast and written your business plan. Most of the formatting is handled by its technology, which saves you time and ensures you get a professional-looking file that improves your reputation with investors.

The Business Plan Shop offers a functional business plan creation tool for a three-month subscription, starting at $25. If you’re heading to long-term service, you can go with the Pro Yearly option, which is priced at $96.

The price for The Business Plan Shop’s services is attractive because you just need to only $8 per month. Additionally, you have 7 days to test the software with no need for adding payment information.

• Whether the plan is about creating a financial forecast or writing a winning business plan, The Business Plan Shop has you fully covered. You’re given plenty of opportunities to customize business plan elements. Plus, clear guidance and examples are also available at every step of your business planning process.
• The Business Plan Shop provides support for writing a good business plan, but mostly for people who have a decent understanding of the elements which need to be in the documents. Beginners or those looking for guidance on how to write a plan may find it less useful or may want to run their results past a consultant.
• The ability to import financial information from accounting software like QuickBooks and Xero, but not spreadsheets, may also be a turnoff for established businesses, as they likely have their own spreadsheets.

Visit Business Plan Shop

There are so many options for your company when it comes to the best business plan software, you might find it hard to know where to start.

Be sure to look through the features that a platform offers, and get the one that you think will offer your company the most for its money.

Most of the platforms on this list work from a subscription business model, so you won’t have any trouble switching to another platform if you want to try something else out later on.

The Winner?

The pick for us is clearly, LivePlan – they offer the most features in a well designed package for a reasonable monthly fee. Their offering is modern, clean and packed full of features so we have no hesitation recommending them as the best option for creating your business plan.

If you’d like to read more about LivePlan, check out our full review .

Nicholas is an experienced Finance Journalist who has written for a number of prominent online publications. He grew up in Ann Arbor, Michigan with a father that would read him the Wall St. Journal along side of other bed-time fare. He has traveled extensively, and been lucky enough to study a changing global economy in person. Nicholas spent many years in the Southern Cone of South America, sometimes in the middle of the countryside where livestock starts its journey to all points of the globe. Today he is thoroughly bemused with the stance that Central Banks have taken in the wake of the 2008 meltdown. There is no telling what will come out of the global financial system next, but he is glad that he lives somewhere that gold can be bought and sold readily! [email protected]

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Best business plan software of 2024

For planning your business finance

Best overall

Best budget, best established, best for speed.

• How we test

The best business plan software makes it simple and easy to plan your business finances in order to present them to a bank or investors.

1. Best overall 2. Best budget 3. Best basic 4. Best established 5. Best for speed 6. FAQs 7. How we test

The whole point of a business plan is that it allows you to evaluate your strengths and weaknesses, not least via your Unique Selling Point (USP) ,and make product or service comparisons with competitors.

Of course, even the best business plan relies on estimates and guesstimates, as it's impossible to predict market changes, developments, and future performance under such conditions. 

Ultimately, though, a business plan will demonstratively prove why your business is a solid enough investment to risk putting money into, and shows that you have properly and thoroughly researched your market, and details the real potential of a new business opportunities.

Here then are the best business plan software providers currently available.

You may also be interested in our featured business guides on best business laptops , best business computers and best business smartphones .

The best business plan software of 2024 in fill:

Why you can trust TechRadar We spend hours testing every product or service we review, so you can be sure you’re buying the best. Find out more about how we test.

Reasons to buy

Reasons to avoid.

Bizplan is the online business planning tool that claims usage of 30,000 startup founders from the Startups.co platform. They use a guided creator that can break the big project down into the component pieces that get tracked with a Progress Tracker, and expert guidance each step of the way including templates that can be dropped in, and completed, along with simple integration of visuals along the way.

Additional resources are also provided via the Bizplan Academy, with lessons on relevant topics, for example, “Building a Brand: How to Tell a Powerful Brand Story,” and “Critical Path Your Way to Higher Revenues,” among the many offerings. Those that need even more assistance also can take advantage of an expert consultation from a financial expert.

• ^ Back to the top

2. PlanGuru

PlanGuru is a comprehensive, and powerful software package in the business planning space. Education is provided via a series of case studies at their PlanGuru University and a whole slew of video tutorials.

The feature set includes flexible budgeting that can handle a simple small business, or a larger multi-department operating budget, and financial forecasting that uses multiple methods, including intelligent and turn-key methods - twenty methods in total. Historical results can also be imported with the general ledger import utility which can then applied to produce a rolling forecast. They also offer PlanGuru Launch, a service to bring in expertise and is charged per hour of assistance.

A significant downside is Planguru charges a higher cost than other software options. The cheapest option is around $75 per month for one business entity when billed annually. While there is no free trial, PlanGuru does offer a 30 day money back guarantee. 

Our expert review:

Enloop is a great choice for business planning software for the cash strapped business as it is the rare offering that has a free tier. Step up up to the next tier, and this is no barebones product, as it has over 100 currency symbols, can automatically generate bank-ready financial reports, and even has automated text writing that can sync with financial data to turn it into text. There is also a real time performance score assigned, that dynamically changes as the business plan is strengthened.  

The plans start with the Free tier, which is limited to a single business plan with simple text, no images, and does not offer any advanced features. The next plan up is the Detailed plan, that supports three business plans, and offers a significant 55% discount when paid annually, making it even better value. This plan costs around $20 per month. For a more comprehensive package you can buy the Performance plan costing around $40 per month.

Read our full Enloop business plan software review .

4. LivePlan

LivePlan is business planning software that offers a simple pricing scheme as there is only a single plan to choose from. As they have a 15+ year track record, they offer a clean and simple interface, that can create business plans that look like they were done by an expert consultant, and the software includes a live dashboard that can track day-to-day performance. Those with writer’s block will benefit from the over 500 included sample plans that can be turned to for inspiration.  

Rather than complicate things with too many tiers to choose from, LivePlan only has a single plan which can be paid for monthly or annually.

5. Business Sorter

Business Sorter promises to simplify and speed up business planning and claims to be able to flesh out a plan in an hour or two, via a novel 273 card sort system that covers many common situations.

The ability to reword cards is included, or also to add cards to the already expansive deck, so no worries if there is not a pre-made card for your situation. Unlike some sites that have videos, the educational resources here are provided as PDFs and Word files, which can be quicker to access, but harder to follow for some learners. 

The lowest tier plan, Basic is fully featured, and includes up to three team leaders. 

Read our full Business Sorter review .

Other business plan software to consider

We've only covered some of the most popular business plan software platforms out there, but there are a number of other notables worth mentioning, plus a wide variety of providers of business plan templates. Below we'll briefly cover a range of some of the additional options out there that are worth considering to get your business plan right.

Go Business Plans is more of a consultancy than a software solution, but is worth mentioning for the simple fact that it's one of America's biggest business plan companies. While software might be able to do the job for you, if you're looking for significant funding, it's probably useful to get some professional advice, not least in terms of strategic planning, feasibility studies, and financial projections to ensure you have a solid base for your business plan.

Wise Business Plans provides a very wide range of templates to work from in constructing a business plan. These are particularly designed with funding in mind, no matter what kind of business you run. What is especially helpful is that Wise doesn’t simply deal with business plan templates for a diverse range of business types, the company also provides plan templates for franchises and non-profits.

Plan Writers  is another bespoke service that essentially listens to what you want and then puts the plan together for you. Again, this technically falls outside of business plan "software", but the chances are you'll use a software package as a platform to build from, and Plan Writers can then help you build up from that base.

Bplans is another provider of business plan templates, but goes beyond that with additional pitch and SWOT analysis templates. There are also business plan guides, industry reports, and a free course on writing a business plan. Bplans also publishes a lot of free-to-use articles on business planning, financials, and tax reporting, to help ensure you can keep your figures and projections accurate and compliant.

We've also listed the best free software for small business .

A business plan is essentially your roadmap to profitability from an initial investment. Whether it's your own money, or a loan from a bank, it's still a good idea to set up a business plan for yourself.

Main things to look to are a SWOT analysis to provide an idea of your business idea's strengths and weaknesses, as well as identify a unique selling point (USP) that will give your business an edge.

While business plans inevitably demand the use of figures, and while these can be impossible to be accurate with, at least by making intelligent guesses you can set yourself targets to work towards.

That's another common feature of a plan, so that specific periods you can review your business progress and make adjustments to your plan as required. This allows you to use real figures for your projections, allowing you to better plan ahead.

Which business plan software is best for you?

When deciding which business plan software to use, first consider what your actual needs are, as sometimes free platforms may only provide basic options, so if you need to use advanced tools you may find a paid platform is much more worthwhile. Additionally, free and budget software options can sometimes prove limited when it comes to the variety of tools available, while higher-end software can really cater for every need, so do ensure you have a good idea of which features you think you may require.

How we tested the best business plan software

To test for the best business plan software we first set up an account with the relevant software platform, whether as a download or as an online service. We then tested the service to see how the software could be used for different purposes and in different situations. The aim was to push each business plan software platform to see how useful its basic tools were and also how easy it was to get to grips with any more advanced tools.

Read how we test, rate, and review products on TechRadar .

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LivePlan Review 2024

| Written by

If you’re an entrepreneur, one of the most important parts of starting a business is  writing a business plan ; however, you may need a step-by-step process to help lead your small business to success. That’s where LivePlan comes in.

Created by Palo Alto Software, LivePlan is a cloud-based  business plan software that walks you through the entire planning process. With video tutorials and examples at each section, it helps you write a solid business plan in half the time.

Read our LivePlan review to discover the pricing and features that set the tool apart, compare customer reviews, and more. By the end, you’ll know if it is the best business planning software for you.

Craft Your Startup Roadmap With LivePlan

Transform your idea into an investor-ready business plan—Try LivePlan today and save 40% on an annual subscription!

What Is LivePlan?

LivePlan is a business planning and financial forecasting tool powered by artificial intelligence (AI). The platform boasts an array of helpful tools that enable business owners to create business plans, craft investment-ready statements, and make financial projections for their business growth — all in one easy-to-use platform. 

LivePlan At a Glance

Jump Ahead:

• Pros and Cons

LivePlan Pricing

• Standout Features
• Customer Reviews

LivePlan Alternatives

Pros & cons of liveplan, pros of liveplan.

• You don’t need prior experience with professional business planning because the LivePlan software is designed for startups and entrepreneurs who don’t have the time or budget for collegiate-style planning.
• According to many positive online LivePlan reviews, customers are incredibly satisfied with the business plan software.
• LivePlan’s user-friendly website makes it easy to focus and build presentation-ready plans. Also because it’s cloud-based, you can trust LivePlan to keep your data safe and 100% accessible.
• LivePlan provides elegant and fully-customizable template themes you can brand so your business plan looks amazing in presentations with investors, potential partners, lending institutions, etc.
• LivePlan allows you to easily import financial data from other platforms like QuickBooks and Xero…a big time-saver that gives you the peace of mind everything is importing correctly.
• With an annual subscription to LivePlan, you get access to tons of legal forms, fantastic educational e-books, and even an employee handbook template. Their system is set up so the more LivePlan features you add, the less it costs, which is awesome.
• LivePlan sports a great suite of collaboration tools for you and your small business team members. For example, LivePlan locks any section a team member is working on to prevent two users from editing the same section at the same time.

Cons of LivePlan

• You have to be connected to the Internet to use LivePlan. Cloud-based computing does still have its downsides.
• While you can develop more than one business plan using LivePlan, there is no way to copy an existing plan.

Turn Ideas into Action with LivePlan

From templates to financial forecasts, LivePlan makes business planning straightforward and stress-free. And if you end up not liking it as much as we do, just ask for a refund within 35 days.

It would be tough for LivePlan pricing to get any more straightforward, and you don’t have to worry about any hidden fees. Here are the following LivePlan pricing packages that entrepreneurs and small businesses can choose from:

• Standard Monthly Subscription: Pay as you go for $15/month for first 3 months, then $20/month after
• Premium Monthly Subscription: Pay as you go for $30/month for first 3 months, then $40/month after
• Purchase a Standard annual subscription for $12/month 
• Purchase a Premium annual subscription for $24/month 

You can save 40% if you choose an annual plan. Go with whichever package you feel most comfortable with. Either way, you have 35 days to try the business planning software and explore everything it’s capable of.

With every pricing package, you’ll gain access to a variety of LivePlan features, such as over 500 sample business plans, automatic financials, and more.

LivePlan’s Standout Features

LivePlan sets itself apart with several key offerings:

Step-By-Step Instructions

Especially valuable for first-time business owners, LivePlan’s step-by-step instructions help guide users through the business and financial planning process. This hands-on service ensures all statements are tailored to the business’s specific needs and ready for fundraising efforts through support and guidance at every step of the way. 

AI-Powered LivePlan Assistant

LivePlan’s AI-powered assistant helps to clear roadblocks, enhance the planning process, and expedite tasks. The AI writing tool helps improve writing by adjusting for tone, grammar, and spelling. Additionally, the AI-generated suggestions help users create better financial forecasts. 

550+ Sample Business Plan Templates

With more than 550 sample business plans, LivePlan offers users ample inspiration from other businesses. These industry-specific samples aren’t customizable, but do provide a foundation for new business owners to create their own personalized business plan. 

Financial Projections Software

With LivePlan, users can create full financial forecasts — including balance sheets, profit and loss statements, and cash flow forecasts — without complicated spreadsheets. Plus, the platform’s AI assistant can help business owners conduct the most effective analysis possible through forecast suggestions and financial analysis tools. 

Intuitive Performance Dashboard

LivePlan offers performance dashboards that automatically compare projections to accounting data. Users are able to review more than 20 charts, graphs, and metrics to assess their company’s financial performance and compare that to financial projections.  

Growth Planning

For businesses seeking alternatives to a traditional business plan, LivePlan offers support for entrepreneurs opting to take a growth planning approach. The process includes four stages: plan, forecast, review, and refine. This data-driven process allows business owners to craft a business plan in just 30 minutes, generate feedback, and refine their business strategies. 

35-Day, Money-Back Guarantee

Unlike some competitors that offer short-term satisfaction guarantees, LivePlan offers subscription customers a 100%, 35-day, money-back guarantee. This allows business owners to explore the platform risk-free in order to determine if it’s the right fit for their business. 

Industry Research

The LivePlan platform includes tools to conduct industry research, allowing business owners to make more educated decisions for their company. Through the platform, users gain access to data on industry risks, current conditions, trends, benchmarks, financial insights, and more.  

Cloud Access

With cloud access, users can access the LivePlan platform from any location or device. This allows business owners to have access to their professional business plan no matter where they are.

Multilingual Plans

With LivePlan, users can write and share their business plan in multiple languages including Spanish, French, Brazilian Portuguese, Italian, and German. Plus, users can display their company’s financials in the currency of their choosing.

LivePlan Reviews

What LivePlan review would be complete without customer testimonials?

LivePlan boasts a high rating on ShopperApproved, earning 4.8 stars out of five with more than 1,000 five-star reviews on the site. Many customers praised the company’s accessible pricing and quick customer support team in the event of questions or troubleshooting issues. The company responds to most positive reviews, but doesn’t appear to address negative reviews on the ShopperApproved website. 

Here are some verified reviews from ShopperApproved by people who used LivePlan for their businesses:

“Great experience using LivePlan to create a business plan. I loved the automated tools, which made it seamless to auto-populate and ensure accuracy. My favorite feature was the navigation guide, which mapped out all the elements of a living business plan: financials, goals, milestones, and charts. The second feature was functionality; the export and printing features were seamless. LivePlan is already thinking about more product tools that can help business owners and leaders toggle between operational and financial forecasts and snapshots. I highly recommend the tool.”

“It was difficult to use and understand. Perhaps [on-demand] training videos would help[.]”

“LivePlan is a fantastic resource for small business owners and consultants assisting them to develop their business plans. LivePlan software has helped many clients put together professional business plans and international[ly] export plans to help them actualize their entrepreneurial dreams!”

“[L]ove the way everything is customized so that all you have to basically do is insert information. However, I wish it was [a] little easier to add custom charts or copy other business plan formats. Customer service is great and the response time is quick.”

LivePlan also features several verified customer reviews on its website. Here are a couple more examples:

“LivePlan has reinvented business planning. It’s the only tool that helps entrepreneurs track their progress with a unique dashboard specifically designed for small business.”

“I needed to write a business plan for my investors. I was going nuts trying to create charts and properly format them. Then a friend recommended LivePlan! The financials were so easy to use and I liked knowing the calculations were all correct.”

“I didn’t only get value for the money paid but also got the best customer service experience as well. And of course, I’m sticking to LivePlan forever.”

Before settling on a business planning software, it’s important to consider competitors to ensure you’ve found the right provider for your business. Upmetrics, Bizplan, and Enloop are three popular business plan software solutions — each offering a unique set of features and capabilities. Here’s how each of these competitors stacks up against LivePlan. 

Upmetrics vs. LivePlan

Upmetrics offers AI-powered business planning, financial planning and forecasting, and pitch deck creation software. The platform is slightly less expensive than LivePlan with pricing starting at $7 per month (billed annually). 

Overall, Upmetrics offers more robust features for financial and business strategy than LivePlan. However, Upmetrics’ AI-features are limited for subscribers of the company’s low-cost plan. LivePlan also offers more hands-on support, making it potentially more suitable to new business owners. 

Bizplan vs. LivePlan

Bizplan is business planning software offered by Startups.com. Bizplan offers fewer tech-driven features than LivePlan as well as an overall smaller feature set. However, the Bizplan platform includes a fully guided plan builder, financial statement templates, and access to the company’s online fundraising platform: Fundable. Bizplan is more expensive than LivePlan with plans starting at $20.75 per month (billed annually). 

Enloop vs. LivePlan

Enloop is business planning software that offers basic features for planning and financial performance assessment. While Enloop lacks many of the tech features offered by LivePlan, it may be a suitable platform for non-technical users. 

Enloop offers a seven-day free trial rather than a money-back guarantee like LivePlan. This allows customers to test the platform before committing to a subscription. On the Enloop platform, users can create up to three business plans for the cost of their subscription. Any additional business plans incur a $9.95 charge per document. 

Is LivePlan Right For Your Startup?

LivePlan ’s business planning software boasts extensive features for both creating a business plan and conducting effective financial forecasting. But, how do you know if LivePlan is the best business plan software for your business? 

It’s particularly well-suited for:

• Business owners who prefer hands-on assistance 
• Entrepreneurs who require only one business plan 
• Businesses with small teams 

However, it may not be the best fit if:

• You’re looking for a platform that accommodates many contributors
• You’re looking for only basic, non-technical business planning 

The bottom line? LivePlan is a great choice for businesses looking to create a business plan and assess their financial performance over time. The platform boasts extensive features for industry research, financial analysis, and investor-ready business planning. Plus, startup founders seeking hands-on, personalized support will appreciate the excellent customer service offered by the platform.

Plan, Forecast, Succeed with LivePlan

Start building your investor-ready business plan today with LivePlan’s easy-to-follow steps and expert guidance.

Frequently Asked Questions

What is liveplan.

LivePlan is business management software created by Palo Alto Software to help entrepreneurs and small business owners develop business plans, financial projections, and performance tracking.

How does LivePlan work?

LivePlan works through a step by step process, guiding users through customizable templates to create professional business plans. Users input their business’s financial data, product plans, marketing strategies etc. and LivePlan uses the data to create a structured business plan document with projections, graphs, financial models and performance analytics.

What businesses does LivePlan work with?

LivePlan boasts over 500 sample plans, covering just about every business model imaginable. From mom-and-pops to larger corporations, from freelancers to nonprofit entities, LivePlan really does cover every possible base.

Does LivePlan have any hidden fees?

There are up-charges for premium features like the ability to simultaneously edit multiple business plans. But, LivePlan clearly communicates these from the get-go. Also, most people probably won’t need them because they’re working on one plan at a time.

How do I cancel my LivePlan subscription?

Within the first 35 days, if you decide you’d rather not use LivePlan after all contact them via their app, by email or by phone. They’ll cancel your account and refund your money, no questions asked.

How is LivePlan customer support?

LivePlan customer support is surprisingly responsive. Use the site’s live-chat option or give them a call on their toll-free line.

Is LivePlan secure?

LivePlan is about as secure as it gets. Your business plan — and all of the information within — is entirely confidential. All credit card transactions get bank-level encryption treatment. Also, your account and plan are both backed up to the cloud every few seconds, so there’s no chance you’ll ever lose any work.

How much does LivePlan cost?

Here are the LivePlan pricing plans:

• Standard monthly: $15/month for first 3 months, then $20/month after
• Premium monthly: $30/month for first 3 months, then $40/month after
• Standard annual subscription for $12/month 
• Premium annual subscription for $24/month 

Should You Use LivePlan?

We’ve chosen LivePlan as the best business plan software – it helped us get Startup Savant off the ground. Being able to take our core data and translate it into a beautiful presentation-ready business plan that’s refined and customizable was a lifesaver in so many ways.

If it feels like LivePlan is the right choice, start to plan, pitch and track your business growth with it today. And if you end up not liking LivePlan as much as we do, just ask for a refund within 35 days.

Showcase your startup with confidence — Try LivePlan and create an investor-ready business plan today.

Further Reading

• 7 Best Business Plan Software for Startups in 2024 September 6, 2024
• Lean Startup Business Plan Guide August 29, 2024
• Top 5 LivePlan Alternatives September 16, 2024

Topics to Explore

• Startup Ideas
• Startup Basics
• Startup Leadership
• Startup Marketing
• Startup Funding

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