Gidday, welcome to Startup Savant’s comparative breakdown of the Strategyzer vs LivePlan dilemma you find yourself in.
You’re wondering which is better suited to help you with your follow-through?
Which software has features that’ll help you adapt your business to change, stay focused, and grow?
That’ll help you improve cash flow…
Here’s the first thing you should understand,
Strategyzer is business modeling software, whereas LivePlan is geared more for business planning.“
That said, let’s dive in and begin with commonalities.
Let’s get right down to brass tacs before moving on. Here’s the long and short of it in terms of pricing.
Strategyzer is priced at $299.99 per year for each project. LivePlan, paid yearly, is $140.“
I should’ve added that both providers have very simple and straightforward pricing structures in the commonalities section. But pricing aside, the whole Strategyzer vs LivePlan debacle is really a Business Modeling vs Business Planning debate.
In modeling you create canvases, this is what one looks like and as you can see Strategyzer is sticky-note-friendly. The website itself is more functional than pretty and there really isn’t a step-by-step process. Instead you dig deeper into each little note and as you go there are an assortment of features to flesh them out.
In terms of financials and how they present business data, it’s going to look like this:
You’ll also have your own profile area and there’s plenty more going on here than these screenshots show. I’m not doing Strategyzer enough justice, but let’s turn now to LivePlan to crystallize the differences between business modeling and planning software. We’ll start with pricing.
Again, simple. They have one plan instead of a bunch of different packages, and you either invest month by month or on an annual basis which saves you about $140 off the top. But listen, while LivePlan is less expensive, it is BY NO MEANS less endowed with features and value for solopreneurs, startups, and bigger enterprise looking for professional-grade planning help.
The screenshot below shows you an example default “Pitch” page within a LivePlan dashboard. Notice the navigation menu choices at the top and how beautiful the data is. All the most important components of a business are captured.
LivePlan’s software is designed to take you step-by-step through each section, and let’s not forget that they provide over 500 example plans (primarily user-submitted) to help you craft your plan like other proven industry-specific examples. This is such a great resource!
See, Strategyzer is mainly an inside job. You’re not going to print out your canvas and show it to a potential VC, but you could definitely show them your business plan, or the pitch/executive summary. LivePlan also makes the financials a cake-walk, and yes you can swiftly import data from the likes of QuickBooks, Xero, FreshBooks, etc.
Remember, modeling is just for you and your team. It’s like an interactive digital whiteboard of sorts with multi-layered sticky notes. Planning is about monitoring financials, setting specific goals/objectives, and they’re required for professional funding.
Thanks for reading, hope this has put the Strategyzer vs LivePlan issue to rest and here’s to a great year ahead!