LivePlan Pros and Cons
Has a free trial
Has a steep learning curve due to its many features
Offers plenty of samples and learning resources
Limited third-party integration options (QuickBooks and Xero only)
Has customizable templates
Who LivePlan Is Best For
- Startup businesses that want to build professional-looking plans using templates and document customization tools
- Growing ventures that need a simple and quick solution to create lender-ready proposals as its financials feature can automatically generate charts and graphs
- Users who have little to no knowledge about business plans will benefit greatly from LivePlan’s step-by-step guide
LivePlan’s pricing page shows three types of payment schemes, with costs that start at $20 per month. They do not require a contract, and the only difference between the packages is the billing frequency.
Pay As You Go
$20 per month
Once a month
$18 per month
Every 6 months
$15 per month
Every 12 months
Those interested may take advantage of the 60-day free trial, though it will require you to input your credit card details. However, if you’re unhappy with the product, then you will get a full refund.
LivePlan Alternatives 2020
Business Plan Software
Tech startups that need a business plan that appeals to investors
$29 per month
Entrepreneurs short on time and need recommended biz plan content
Starts at $19.95 per month
New small businesses that also need marketing and operation tools
$39 per month
Visual thinkers who want to try an innovative approach to creating a plan
Starts at $10 per month
(For three users)
Businesses that need to create in-depth financial projections
$99 per month
LivePlan simplifies the business plan creation process so that entrepreneurs can skip the trouble of preparing a document and focus on strengthening their brand and operations. Here are some of the app’s essential features.
LivePlan Pitch: Through this feature’s fill-in-the-blank process, users can create an information-packed, one-page business plan with ease. Single-page pitches help entrepreneurs start strong with their prospect audience by ensuring that all the key information is presented in the most time-efficient manner possible.
Step-by-step guidance: The software will guide you through the process, from start to finish, by asking relevant questions about your business, and all you have to do is provide your answers. The questions may be about your company’s name, tagline, target market, problem to be solved, projections, and current competitive landscape.
Sample plans: Browse through hundreds of sample business plans to find the ones that best match your industry so that you can gain inspiration about creating your own. You may also copy and paste certain sections from the samples.
Automatic financials generation: Answer a few questions about your financial plans on the software, and LivePlan’s built-in formulas will automatically come up with performance projections and charts. This feature is helpful in setting budgets and sales forecasts.
Team collaboration: Add team members to your process so that they can work on specific sections or leave comments. You can also set different access permissions for each user.
Document-sharing: Export your business plan to Word, PowerPoint, or PDF format and then share it via email. To ensure that the information in the document remains confidential, you may set a password. You may also request a professionally printed and bound version of your document for an additional fee.
Lender-ready themes: LivePlan has 10 Small Business Administration-approved (SBA) themes that can provide your audience with the information they need to evaluate your proposal.
Most Helpful LivePlan Reviews
Users who gave positive LivePlan reviews like that it has plenty of samples on different types of businesses, while others noted that its customizable templates help make their presentations stand out. Meanwhile, those who gave negative feedback said that it can be difficult to learn because it has many features, whereas some pointed out its limited third-party integrations.
Great tool for those who have limited knowledge about business plans
One user who gave LivePlan a positive review on Capterra said it is a wonderful tool for those who have little to no knowledge about writing business plans. He added that the finished product is very professional-looking and detailed.
Limited third-party integrations
One user who left a negative review on GetApp commented that it connects only to QuickBooks and Xero. He also mentioned that it took his team a while to learn how to navigate the app’s features.
LivePlan Frequently Asked Questions (FAQs)
Does LivePlan accommodate other languages besides English?
Yes, it does. You may create and share your business plan in the following languages: Brazilian Portuguese, French, German, Spanish (Espanol and Latin American), and Italian. Financials may also be displayed in any currency symbol.
Which browsers are compatible with the software?
LivePlan works on any internet browser—Chrome, Edge, Firefox, and Safari—on your PC, Mac, and iPad.
Can I create multiple business plans from one account?
Yes, you can, and you may create as many as you need. While your subscription allows you to have one active plan at a time, you can simply archive it so that you can start a new one. Note that archived plans may be restored at any time.
Our Top Business Plan Software Picks
If you aren’t sure if LivePlan is right for you, this article on the best business plan software is a review of our top choices. Our team looked at a variety of solutions and narrowed our recommendations down based on price, ease of use, and features like business plan design, customer support, and quality of examples and training materials.