Accelerate business growth with smart planning and tracking.

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December 10, 2024

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LivePlan

Business plans

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Accelerate business growth with smart planning and tracking.

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Overview

LivePlan is a business plan software tool designed for small businesses. It assists companies with business planning, forecasting and financial management, aiming to facilitate faster growth.

The tool offers numerous features including a Business Plan Creator and the AI-Powered LivePlan Assistant. The Business Plan Creator simplifies the process of producing a business plan, while the AI-Powered LivePlan Assistant uses artificial intelligence to guide the planning process, helping to overcome potential hurdles such as writer's block.

Additional features include Financial Forecasts & Scenarios and a Performance Dashboard, which provide insights into a company's financial forecasts, scenarios, and current performance.

LivePlan integrates with financial software such as QuickBooks and Xero, allowing for convenient data sharing and analysis. It also offers solutions tailored to business specific stages, including for startups and established businesses.

Additional resources available include sample business plans and a one-page pitch to easily communicate their business opportunity to potential investors.

Furthermore, LivePlay also offers services for advisors, mentors and consultants, catering to a range of small business support needs.

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July 14, 2024

Initial release of LivePlan.

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Pros and Cons

Pros

Business planning tool

Facilitates faster growth

Business Plan Creator feature

Forecasting and financial management

Overcomes writer's block hurdles

Financial Forecasts & Scenarios feature

Performance Dashboard for insights

Integration with QuickBooks

Integration with Xero

Data sharing and analysis

Solutions for different business stages

Startups and established businesses support

Advisory, mentorship, consulting services

Sample business plan resources

One-page pitch for investors

Features aimed at different audiences

Assistance to overcome potential hurdles

Makes business planning easier

Facilitates financial tracking

Offers Live Support

Services for Educators and Lenders

Services for Incubators & Accelerators

Test for Business Idea viability

Offers solutions for Advisors and Mentors

Easy presentation of financials

Helps forecast business cash flow

Build a business budget feature

Helps secure funding

Solution for Public Accountants

Learn through LivePlan Blog

Hire a Professional service

Easier creation of Financial Forecasts

Inspiration from 550+ sample plans

Easy explanation of business opportunity

Assistance for clunky spreadsheets

Planning and growth tracking

Help for new business setup

Easy access to credit

Automation for work convenience

Help Center and Live Webinars

Money-back guarantee

Security assurance

Affiliates Program

Culture and How We're Different insights

LivePlan Newsletter subscription

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Cons

Limited financial software integration

No customization options

Lacks advanced forecasting tools

No multi-language support

Relies on templates

Cannot share plans internally

Limited advisory services

No free version

No offline availability

No project management features

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Useful AI tools to start a small business

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Q&A

What is LivePlan?

LivePlan is a business plan software tool designed specifically to assist small businesses. It aids companies in business planning, forecasting, and financial management, with the goal of enabling accelerated growth. LivePlan offers a multitude of features including a Business Plan Creator, an AI-Powered LivePlan Assistant, Financial Forecasts & Scenarios, and a Performance Dashboard, among others.

How does the AI-Powered LivePlan Assistant work?

The AI-Powered LivePlan Assistant works by utilizing artificial intelligence to guide the business planning process. Its purpose is to help users navigate potential obstacles such as writer's block, providing a smoother and more efficient journey to the creation of a comprehensive business plan.

What does the Business Plan Creator feature do?

The Business Plan Creator feature simplifies the process of creating a business plan. It provides a structured approach for small businesses to strategize and present their vision, objectives, and methods in a professional and effective manner.

Can LivePlan integrate with financial software like QuickBooks or Xero?

Yes, LivePlan has the capability to integrate with financial software such as QuickBooks and Xero. This integration supports convenient data sharing and analysis, facilitating optimised financial management for small businesses.

How does LivePlan help with financial forecasting?

Through its Financial Forecasts & Scenarios feature, LivePlan assists businesses in visualizing their financial future. This tool guides the user through the construction of comprehensive financial forecasts and allows the exploring of different financial scenarios, paving the way for informed business decisions and planning.

What insights does the Performance Dashboard offer?

The Performance Dashboard in LivePlan offers valuable insights into a company's financial forecasts, scenarios, and current performance. This comprehensive overview allows businesses to track and analyze their progress, supporting optimal decision-making and planning for growth.

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How is LivePlan useful for startups?

LivePlan offers numerous solutions for startups. These include a Business Plan Creator to help create effective business strategies, Financial Forecasts & Scenarios to aid financial planning, and numerous resources like sample business plans and a one-page pitch to succinctly present business opportunities to potential investors.

Does LivePlan provide services for established businesses?

Yes, LivePlan caters to the needs of established businesses by providing tools like the AI-Powered LivePlan Assistant for smoother planning processes, as well as features like Financial Forecasts & Scenarios and the Performance Dashboard for in-depth financial analyzing and tracking.

What type of advisory services does LivePlan offer?

LivePlan extends its services to advisors, mentors, and consultants. It offers resources and tools that cater to the unique needs of these professionals, instrumental in providing effective support to small businesses.

How does LivePlan help in overcoming writer's block when planning?

LivePlan has integrated an AI-Powered Assistant which is specifically designed to overcome challenges like writer's block in the planning process. This tool uses artificial intelligence to guide the user throughout the planning process, making the creation of a business plan more efficient and less stressful.

Does LivePlan provide sample business plans?

Yes, LivePlan does provide sample business plans. These pre-made templates cater to a broad range of industries, serving as a valuable resource for businesses in the initial stages of creating their own individualized business plan.

How can I present my business ideas to potential investors using LivePlan?

LivePlan offers a one-page pitch feature that allows businesses to succinctly communicate their business opportunities to potential investors. This brief yet comprehensive overview encapsulates the core of the business idea, making it an effective tool for engaging potential backers.

What does LivePlan's one-page pitch entail?

The one-page pitch feature in LivePlan is designed to enable businesses to concisely articulate their business opportunities. It serves as a high-level overview of the business, highlighting its core concept, unique selling points, financial requirements and projected growth, facilitating clear and impactful communication with potential investors.

What are some ways LivePlan can assist advisors, mentors, or consultants?

LivePlan offers several features that can assist advisors, mentors, or consultants. It provides a platform that streamlines the business planning, forecasting, and financial management processes which these professionals can utilize to provide enhanced support to small businesses.

Is LivePlan designed to work with any specific type of small business, or is it versatile for any industry?

LivePlan is designed to be versatile and adaptable to businesses across various industries. It provides a suite of tools such as the Business Plan Creator, Financial Forecasts & Scenarios, and Performance Dashboard that can be effectively applied across a range of small business types and sectors.

Are there any special features or support offered for businesses at different stages?

LivePlan offers solutions that are tailored to different stages of a business. These tailored solutions cater to the unique requirements of businesses whether they are in the startup stage or are already well-established, providing relevant resources, tools, and guidance.

What's the benefit of using LivePlan's Financial Forecasts & Scenarios feature?

Using LivePlan's Financial Forecasts & Scenarios feature provides businesses the ability to visualize their financial future. This tool allows businesses to construct detailed financial plans and explore different scenarios, contributing to a more informed planning process and decision-making.

Can LivePlan help me prepare presentations for potential investors?

Yes, LivePlan can assist in preparing presentations for potential investors. It offers a one-page pitch feature which allows businesses to succinctly present their ideas and opportunities, along with a host of other tools and resources to create comprehensive and professional business plans.

How does LivePlan facilitate growth planning for small businesses?

LivePlan facilitates growth planning for small businesses by offering robust business-planning tools. It provides resources for business planning, financial management, and forecasting, all aimed at accelerating growth. The AI-Powered LivePlan Assistant also aids in the planning process, making it more efficient and effective.

What kind of customer support is available for LivePlan users?

LivePlan provides live support for its users, along with other resources such as a help center and live webinars. It aims to provide comprehensive support for all its users, ensuring they can effectively utilize the platform and its features.

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