Do you need a business plan for your company, but don’t have the time to craft a 40-page conventional document? Perhaps you’re looking for something slick and presentation-ready? Fortunately, there’s software that can help you write a professional business plan.
In this comparison of the best business plan software options, we’ll take a look at how each has their own pricing plans and features. To help you figure out which one is a good fit for your company, feel free to dive into our reviews or visit each website directly. Enjoy!
Our top overall pick is LivePlan, which lays claim to over 400,000 companies served so far in their 15+ years. Customers love the convenience provided by their rich collection of cloud-based features, their educational support, and step-by-step approach.
They also get great feedback from their customers, with a 4.5 average out of 5 on GetApp. There’s really no significant downside to their service, so LivePlan is an easy company to recommend as our top option to write a business plan.
Business Plan Pro is a product of Palo Alto Software, the same company that makes LivePlan. This option is ideal for entrepreneurs who don’t want a fully cloud-based product like LivePlan, or for customers who prefer a one-time charge to a monthly subscription:
Business Plan Pro has strong customer feedback as well, evidenced by their average 3.7 score out of 5 on Amazon after 100+ reviews. One other item of note is that this product is Windows-only, so Mac users will have to find another option.
BizPlan is part of the Startups.co family of business planning and management products. Whether you use their other programs or not, BizPlan is fully featured business plan software with some popular features:
They’re still a relatively new option, but BizPlan already has over 30,000 satisfied customers. As their platform continues to grow, we wouldn’t be surprised to see them integrate even more valuable features. Keep a close eye on this one.
If you’re looking to try before you buy, Enloop is a strong choice as one of the only business planning software tools with a free version. Their software includes all sorts of convenient features:
Even beyond the free version, Enloop Basic is just $9.95/month ($6/month when paid annually), so they’re one of the least expensive tools for writing a business plan.
The other popular option that has a free version is StratPad, which is used by 100,000+ businesses worldwide. StratPad is making major updates and adding new features all the time:
StratPad is already an intriguing option, but when their new Connect service launches, we think they might work their way up this list. Connect will match your business plan to banks, bookkeepers, accountants and more, which is a unique and valuable service.
Do you require comprehensive business forecasting and analysis, beyond the business plan? If so, PlanGuru might be the answer for you. Their services include a number of premium features:
If all you need is a business plan, PlanGuru isn’t the product for you. However, their complete set of advanced business management features is highly-valuable to entrepreneurs who don’t already have their own means of accomplishing these tasks.
Easily the least expensive of all the major business planning software tools, iPlanner allows you to build a professional business plan for just a few dollars a month. They still have some quality features as well:
If a simple framework is all you’re looking for, iPlanner can help you out. They don’t have many bells and whistles, but at these price points, they offer a good value.
By using business plan software you’ll be able to create a solid outline for your business. Although some of the options above are better than others, each will walk you through from start to finish.
No matter how you look at it, business planning software is cost effective. As long as you actually use the tool, you’ll generate significantly more value than you’re spending in monthly subscription fees.
If you spend the time to create a solid business plan, you’re much more likely to hold yourself accountable. Think of planning software like an accountability buddy for entrepreneurship.
Your business plan tool will help set realistic financial goals, and most can also keep your bottom line in check by integrating your accounting software.
Business planning software enables you to collaborate with partners, mentors and investors.
Some of the business plan tools don’t offer support and can have slightly buggy features. That said, if you’re serious about writing a solid business plan, go with a tool that’s constantly updated and well made.
Although some business plan tools have a collaboration feature, none of them can review the plan when you’re done. All business planning tools lack a human touch.
You know the unique requirements of your business better than we do. These are all quality services that offer business planning software tools for entrepreneurs like you. Feel free to read over our full reviews if you’d like to know more about any of them or even visit the websites directly.
In general, we do prefer LivePlan because they have a huge library of business plan templates, and we love their convenient dashboard. They’re the planning software that is most likely to help you via customer support, continue updating their tool and figure our ways to make your business experience better. Enjoy!