7 Best Business Plan Software Tools For Entrepreneurs

Write a Business PlanLooking for a way to write a business plan and build a more actionable strategy for your brand?

Modern business plan software makes it much easier to leverage metrics and get specific about your goals. Why deal with a 40-pager collegiate level business plan when software helps create streamlined and presentation-ready plans in far less time?

In this guide, we’re going to look at who we currently consider the 7 best business plan software providers out there today. We’ve kept the sections short and sweet and below each is a couple links – one takes you to a thorough provider review, while the other whisks you directly to their website so you can plan your business today. Enjoy!

#1
Pick

LivePlan
$9.95 for your first month

Trusted by over 375,000 entrepreneurs, you’ll be intuitively guided through the planning process in half the time with quality video tutorials and example business plans – 500 industry-specific examples, automatic financials, create multiple plans, goal setting & tracking, and more.

$9.95 for your first month and $19.95 for succeeding months with a 60-day money back guarantee.

#2
Pick

Business Plan Pro
$99.95 to $159.95

For $99.95 to $159.95, Business Plan Pro provides a comprehensive suite of features to put you in the captain’s chair including step-by-step tutorials and expert guidance, industry/market research tools, printing and publishing, forecasting, sales and growth tools and more.

The only downside is they’re not Mac compatible. Mac users should check out LivePlan above, which is made by the same company.

#3
Pick

Bizplan
$19/month or $114/year

Bizplan is relatively new to the industry, but they’re definitely worth checking out. They’re part of Startups.co, a platform with tons of other awesome resources for new entrepreneurs.

Bizplan’s approach allows you to take the business planning process piece by piece and track your progress as you go. Plus, their digital sharing features are top-notch!

#4
Pick

Enloop
Free to $39.95/month

A convenient option if you’re still in exploration-mode and don’t want to spend money upfront. Enloop’s affordable plans with monthly subscriptions range between $9.95 to $39.95, including annual fees.

Popular features include the Enloop Performance Score, invite and share feature, multi-currency support, excellent customer services, financial ratio analysis, interactive PDF creation and a lot more.

#5
Pick

StratPad
Free to $199.95/month

A popular, hassle-free, and cloud-based platform accessible anytime, anywhere with an internet connection.

They offer affordable plans from $12.95 to $199.95, which include the annual fee. Added bonuses include powerful startup-friendly learning resources, video tutorials, interactive webinars, business coaches, a downloadable business toolkit and financial analysis tools.

#6
Pick

PlanGuru
$99/month or $899/year

PlanGuru focuses on budgeting, forecasting and performance review.
While a smidgen more spendy their premium features are competitive.

Each plan includes 20+ forecasting methods, consolidations, engagement tools, business valuations and export functionality tools. Add more users, leverage networking capabilities, or add services like PlanGuru Analytics.

#7
Pick

iPlanner
Pricing Varies

iPlanner’s been in the industry since 2007, their clientele ranges from startups to business professionals and multinational corporations.

For $24 to $59 (depending on plan), iPlanner lets you add unlimited team members, customize projects, and easily manage your subscription. Plus they have a super-nifty app with tons of modern functionality and so much more.

Pros & Cons To Using A Business Plan Software

Pros

  1. By using a 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.

  2. No matter how you look at it, a planning software is cost effective. As long as you actually use the tool, you’ll generate significantly more value from paying $10-$20 per month.

  3. If you spend the time to create a solid business plan, you’re much more likely to hold yourself accountable. Think of a planning software like an accountability buddy for entrepreneurship.

  4. Your business plan tool will help set realistic financial goals and keep your profit/loss in check by integrating your accounting software.

  5. Depending on the tool you choose, you’ll be able to collaborate with partners, mentors, or investors.

Cons

  1. 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 is constantly updated and well made.

  2. 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 human touch.

Which is the best planning software?

Winner - Which Should You ChooseAt the end of the day, it’s all up to you. Check out each of the reviews and compare features. However after putting together each review and trying the tools, we’d say LivePlan is the clear winner.

LivePlan (hands down) has the best features, support, and overall value. Plus, over 375,000 entrepreneurs have used it to bring their business to life. Give LivePlan a shot with their 50% off discount. If you’re not totally thrilled with it, get a full refund. Enjoy!