Is It Really Worth It?
One of the most important aspects of starting a business can also be the most tedious: the business plan. We all know it’s important, but we don’t always know where to get started.
That’s where the option for using LivePlan comes in. It’s a cloud-based business plan software that walks you through the entire planning process. With video tutorials and examples at each section, LivePlan helps you write a solid plan in half the time.
In this LivePlan review you’ll discover what sets them apart, take a look at an example plan, and more. By the end I’m confident you’ll know if LivePlan is the best business plan software for you.
If you’d like to try LivePlan yourself, here’s an exclusive 50% off LivePlan promo code offered to our readers. You’ll have 60 days of risk free planning with their 100% money back guarantee. Enjoy!
It would be tough for LivePlan’s pricing to get any more straightforward – you can pay as you go at $19.95/month, or purchase an annual subscription for $11.66/month (billed annually for about $139). Not bad for $0.38/day.
Plus, if you choose the monthly plan you can leverage our exclusive LivePlan promo code for 50% off your first month. Go with whichever plan you feel most comfortable with. Either way, you have 60 days to try the software and explore everything it’s capable of.
Let’s take a look at an example business plan, so you can see for yourself how LivePlan organizes and presents your company info:
See how all the most important data is refined into a beautiful, simplified presentation? The first few sections cover:
But we’re not done yet! Next up, we’ve got:
Finally, we’ve got your key milestones, team setup and management, and resources. Feel free to fill yours out with as much information as you want, but keep in mind that the first page should be a sharp, potent summary.
Now let’s look at some of the analytic capabilities through LivePlan’s “ScoreBoard” section within your dashboard. This incredibly helpful feature maps all of your financial trends in one place.
You can easily swap between the current fiscal year or your forecast models, track revenue and expenses, cash flow, accounts receivable — the list just goes on. Check it out for yourself:
Granted this is just a tip of the iceberg of LivePlan features, but our favorites for getting a clean and effective plan built as quick as possible.
What LivePlan review would be complete without customer testimonials? Below is a sampling of the huge growing reservoir of feedback from happy users. We didn’t cherry-pick either, as you’ll see on Shopper Approved, a 3rd-party customer review site where LivePlan scores a 4.8/5.
As you can see there’s some serious value on the table here that isn’t adding to your plate, just helping you better manage, prioritize, and present a business plan. In regard to the non-5 star reviews, the main issue people are having is the overall cost of LivePlan, which is understandable if you’re starting a business on a budget.
This was a wonderful tool for creating my business plan. I was overwhelmed by all of the online templates that offered no real guidelines for completing my plan. Liveplan was simple to navigate and offered “real life” examples in each section of the plan builder. I completed my plan quickly and now have a professional document that I am thrilled with!”
– Christine in Ohio
LivePlan was a great tool to use for building a Business Plan. It helped me, as a first-time business plan writer – because it outlined all the sections of the plan and gave detailed instructions and examples for each part. The financials part was great because it automatically generated graphs and charts for the financial planning of my company.”
– Lauren in Pennsylvania
LivePlan was a life-saver for me. I work for a non-profit whose potential funders require a business plan. I had no idea what a business plan looked like or even where to start, when I found LivePlan, I knew I hit the jackpot. With the examples, samples, and easy plug-in information areas, we wrote a plan that not only looks professional but meets all of the needs of the organization and our funders. I couldn’t be more grateful for everything LivePlan did for me/us. I will use LivePlan again for any other business plans I write and will certainly recommend them. Thank you LivePlan!”
– Jenni in California
It’s by far one of the best business plan software products that I’ve come to find. It’s very self-explanatory and user friendly. I would recommend Liveplan to anyone looking for a comprehensive business plan maker which needs to impress and get the results you are looking to achieve.”
– BO in California
What Businesses Does LivePlan Work With?
LivePlan boasts over 500 sample plans, covering just about every business type imaginable. From mom-and-pops to larger corporations, from freelancers to nonprofit entities, LivePlan really does cover every possible base.
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.
What’s Their Refund Policy?
Within the first 60 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’s Their 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.
Around here we’re huge fans – it helped me 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 with it today. And if you end up not liking it as much as we do, just ask for a refund within 60 days.