Top 6 Best Business Plan Sofware Apps 2021 for every Startup or Business Planning without Mastering Excel

When starting a business or launching a new financing round, developing a solid business plan is one of the first steps you have to take. Your business plan includes everything from a detailed description of your products or services and pricing model to financial forecasting for at least three years - and much more. So if you're not sure how to get started or if you just want to ease the process, you can turn to Business Plan Software for help. Learn about different categories of business plan software available and explore those which are easy-to-use.

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In the past, there was no way around buildinging an excel model to create your financial model. But four different categories of tools have developed, which can ease financial forecasting substantially. The portfolio chart below shows these categories and differentiates the tools available in each category by 2 dimensions 

  • the dimension Revenue Planning vs Accounting Focus differentiates between tools which allow realistic planning on the revenue side without using any separate Excel Model (e.g. using conversion logic and different revenue types in particular subscription based models) and tools which allow revenue planning usind revenue data from accounting systems or separate excel models
  • the dimension Easy-to-Use vs Hard-to-Use differentiates between tools which are targeted at small and medium companies such as startups and tools targeted at large enterprises


Business Plan Tools

The “Hard-to-Use” tools are targeted at highly specialized users like Contollers or Financial Analysts. These are so-called CPM (Continuous Planning Method) services for enterprises or specialized Excel plugins for experts,

In this blog post, we'll break down six of the best “Easy-to-Use” software options for a business plan - talk about the pros and cons, features, pricing, and more - so you have all the information you need to decide which solution is best for your business.

The "Easy-to-Use tools with Accounting Focus" typically only present simple revenue models, i.e. to plan the revenue side, users still need to use Excel or import those numbers from their accounting systems or only use simple techniques for forecasting. These business plan software tools calculate general, accounting-related ratios and are typically targeted at small and medium sized businesses.

In the category "Easy-to-Use tools with Revenue Focus", the business plan tool Lean-Case is uniquely positioned. Lean-Case allows to calculate real-life revenue models for SaaS and eCommerce along the customer lifecycle by modeling how to create leads, how to convert them into paying customers and how to grow paying customers. Metrics focus on unit economics answering the question if the Customer Lifetime Value is significantly higher than the Cost of Customer acquisition.

The following sections summarize the standout features, advantages and drawbacks of these easy-to-use business planning tools and then describes each of these tools in more dateil.


Top 6 Best Business Plan Tools

Pricing

Annual Plans:
$19 to $45 per month

Monthly Plans:
$24 to $54 per month

2 Bus. Plans
per user

Within a plan, several scenarios can be stored



Standout Features

  • Calculate revenue forecasts with conversion logic and multiple revenue streams and revenue types 
  • Allow Unit Economic Analysis with Customer Lifetime Value and Cost of Customer Acquisition focus
  • Easy Data Exports and Share Scenario results effortlessly
  • Simulate with multiple Profit and Loss and revenue scenarios
  • Planning between 3-10 years

Advantages

  • Free Trial w/o Credit Card
  • Dedicated Lean-Case Workspace for target teams 
  • Advanced blueprints easy to set up for your business type
  • Multi-user options and advanced data export and share functionality

Drawbacks

  • Harder to use without prior metrics know how
  • Limited Integrations

Pricing

Yearly Plan:
$12 per month

Monthly Plan:
$20 per month

1 Business Plan per user

Standout Features

  • Create unlimited number of business plans
  • Xero and Quickbooks Online integration-
  • More than 500 templates

Advantages

  • No long-term contracts
  • Affordable plans
  • Intuitive interface
  • Cloud-based

Drawbacks

  • Limited integration options
  • A challenge to enter your own financial modeling projections
  • Can be difficult to learn

Pricing

$39 per month

1 plan per user

Standout Features

  • Industry-specific business plan templates
  • Free website hosting and website builder
  • Digital marketing dashboard

Advantages

  • Unlimited business consultations
  • Multiple business tools in one software

Drawbacks

  • Limited business plan features
  • Entire business plan can only be exported to Microsoft Word

Pricing

$19.95 to $39.95 per month

3 plans per user

Standout Features

  • Automatically generated financial statements
  • Real-time performance score to track progress
  • Customizable text, images, tables, charts, currency symbols, and formats

Advantages

  • Seven-day free trial
  • Affordable plans with annual discount option
  • Simple and straightforward software

Drawbacks

  • Only one template option
  • No integration options
  • Limited additional resources

Pricing

$29 per month to $349 one-time fee

unlimited Business Plan
per user

Standout Features

  • Unlimited account collaborators
  • Can share business plan with investors
  • Drag-and-drop templates

Advantages

  • Ample educational resources
  • Connection to Fundable
  • Lifetime access subscription available

Drawbacks

  • No free trial
  • No templates based on industry
  • No mobile access

Pricing

$99 per month or $899 per year

Standout Features

  • Budgeting and forecasting for up to 10 years
  • Ratios and KPIs
  • Works with Quickbooks Online, Xero, and Excel

Advantages

  • Extensive financial tools
  • Cloud-based and desktop options
  • Free trial and money-back guarantee

Drawbacks

  • Expensive
  • Only focuses on financial aspect of business planning
  • Difficult to use without prior financial knowledge

The right business plan software will make the process of calculating your business plan much simpler. However, as with many business software solutions, there are different business subscription software plans, each with a unique set of features, user experience, and price.

That said, if you're looking for a place to start your search for the best business plan software, check out the top six options in more detail below.

1. Lean-Case

Best revenue forecasting and funding need projection.

If you want most accurate modelling of your business growth and revenue potentials with answering all Unit-Economic Questions confidently to your investor, then Lean-Case is the most advanced business plan calculation software and best choice for you as founder, project manager or even investor.

Lean-Case excels with their scenario management, revenue stream integrations, ease of using multiple conversion rules, data export and share and advanced and easy to follow step-by-step training modules specially designed for setting up your most accurate model to project the revenue potentials and Profit and Loss statements.

The step-by-step instructions help you kick things off from scratch, and you can take advantage of in-product training videos to continue to gain expert knowledge in revenue forecasting and business scenario planning. 

Pros:

  • Calculate most realistic revenue potentials with multiple revenue streams and conversion logic along the customer lifecycle
  • Create and manage multiple forecast scenarios
  • Easy Data Exports and Share Scenario results effortlessly
  • Analyze and comparing Profit and Loss scenarios
  • Dedicated Lean-Case Workspace for Teams
  • 20 advanced blueprints easy to set up for your business type
  • Multi-user options and advanced data export and share functionality

Cons:

  • Harder to use without prior metrics knowledge
  • Limited Integrations
Business Plan Investor Review

Lean-Case Features and Value Propositions

Set up Revenue Streams

  • Funnel Streams 
  • Subscription Revenue Streams
  • One-Time Revenue Streams
  • Pay-Per Use Revenue Streams
  • Define Billing Cycle, Payment Terms, Contract Duration, Revenue Share per Stream

Add Volume Forecasts

  • New Customers
  • New Customers by Sales Team
  • New MRR
  • New MRR by Sales Team
  • Marketing Budget
  • Account Based
  • Cross-Selling

Add Conversion Rules and Churn

  • One-Time Conversion with time delay
  • Monthly Conversion based on no. of customers at beginning of period
  • Churn upon Contract Renewal

Add Revenue Related Cost

  • Cost of Goods Sold
  • Cost of Selling
  • Cost of Marketing
  • Cost of Leads
  • Add time-based, volume-based, percent-based or one time cost

Calculate Unit Economics

  • MRR and ARR
  • Customer Lifetime Value
  • Cost of Customer Acquisition
  • LTV/CAC Ratio
  • CAC Payback
  • Net New Customers 

Add Headcounts

  • Jobs
  • Groups of Jobs
  • Team Roles
  • Manager Roles

Add Capital

  • Funding
  • Loans
  • Investments with depreciation period
  • Cost of Leads
  • Add time-based, volume-based, percent-based or one time cost

Edit Data Series

  • Manually
  • Rule-based
  • Per Upload

Projections

  • Paying Customers
  • Total Revenue
  • Time-to-break-even
  • EBITDA Margins
  • Maxium Funding required
  • Time-to-break even

Key Reports/Dashboards

  • Profit & Loss Statement
  • Cash-Flow Statement
  • Dashboard Insights on customer numbers, revenues, headcounts, expenses and profitability
  • Key Metrics Dashboard

Scenario Analysis

  • Save multiple scenarios
  • Switch between project scnerios
  • Compare 2 scenarios

Track Actuals

  • Define and Track Business Objectives by function and quarter
  • Define Business Goals by function and month and track actuals against Lean-Case Plan
  • Integrate Chart Mogul key metrics and DATEV as business goal actuals

Sharing Projects

  • Share Dashboard view via a private link
  • Share Project Scenarios with an unlimited no. of viewers and allow them to share with other viewers
  • Share project with an unlimited no of editors and allow them to share with other viewers
  • Transfer your project ownership to another user

Exporting

  • Data and pictures of charts
  • Data from Check Page
  • Chart Data from Insights Pages
  • Working Excel Models
  • Profit & Loss and Cash-Flow Statements

Blueprints

  • Create project from Blueprint Library
  • Create your own Blueprint Projects for your organization
  • Access our Help Portal and Product Training
  • Access in-product video tutorials
  • Access context-sensitive benchmarks

Customize

  • Customize your business pitch 
  • Brand menus and charts in your workspace with your corporate identity
  • Increase security with single sign-on (coming soon)

Optional Services

  • Additional Users per workspace
  • Extra Projects per User
  • Chart Data from Insights Pages
  • Working Excel Models
  • Profit & Loss and Cash-Flow Statements

Blueprints

  • Project Onboarding/Coaching Session
  • Business Case Evaluation
  • Funding Round Support
  • Due Diligence Support
  • Mentorship Programs/Training Programs
  • Custom Developments
  • Train-the-Trainer Session (2h)

Here you can see what it looks like to see your profit and loss projections using Lean-Case. Image source: Lean-Case

Step-by-Step Guide How it works

What is your revenue potential? -  Answer the most critical investor question in simple steps

    Model your paying customers who pass through stages of sales funnel with traffic and pipeline volume as well as cost to acquire.

    Model your paying customers who pay a subscription price to have access to your product or service

    Model your paying customers who pay one-time for services such as consulting or buy products overa specific contract duration

    Model your paying customers who pay-per use

    Aggregate all Revenue Streams into one single view to model the actual Customer Lifecycle

Choose how you scale your business over time.

    To get an holistic view of Customer Movements and Revenue Movements connect your Revenue Streams with Conversion Rules based on your pricing plan tiers

    Connect the Revenue Streams using conversion rules to simulate the successful upsale or conversion from a signup to a paying customer

    Measure Customer Churn and incorporate its impact on your Revenue Potential to make your business plan realistic and practical as you see in your daily business

Is your business viable? prove that your Unit Economics make sense to your investors

    Starting point to handle costs is to include Cost of Good Sold which is all the costs to keep your existing customers running. 

    Let your Unit Economics reflects Cost of Selling due to Inside Sales Team converting the Signups into Paying Customers

      Let your Unit Economics reflects Cost of Marketing 

      Drill down the cost to the single lead to understand Unit Economics

      Make sure that your LTV/CAC ratio is greater than 3

      Make sure that you recover the CAC ideally faster than 12 months

      When your business is becoming profitable? Convince your investors with most accurate assumptions

      Enter all expenses related to general indirect costs to reflect the accurate results

      Account for volume-based costs driven by key business drivers.

What is the maximum funding requirement? The answer to your investor's most critical question.

    Add fixed assets investments to implement the most accurate capital assumptions in your calculation of revenue potential  

    Answer the key questions again when you are profitable and what is your funding requirements

    Slice and Dice on Movement of customers, Units Sold and Revenue on Yearly-basis

    Slice and Dice on Movement of customers, Units Sold and Revenue on Monthly-basis

    Slice and Dice Forecast Data to Drill-Down to multiple Revenue dimensions 

    Get immediate on-demand access of all of your most important Business metrics into a single interface. That means you can immediately deliver a detailed overview of your business to investors and decision makers in a single click

Your investor's can now filter out the data on Profit & Loss and Cash Flow Statements as well Key Subscriptions Metrics.

    Get most important insights on your paying customer numbers, revenue forecasts, headcounts, expenses and profitability matrix

    Provide Scenario-based strategic business forecasts that enables investors to better manage the uncertain environmental conditions that will influence your funding and capital needs

Now you can create your Lean-Case Project and share and export the results effortlessly

    With Lean-Case, you can run as many Business Plan Scenarios as you wish – seeing how realistic changes in different variables changes the final figures.

    Once you feel that you have created the right scenarios for your Lean-Case project - you can share them to get feedback. As the owner of a Lean-Case project, you can share your Lean-Case Project at any point in time. 

    Define smart milestones to engage investors, align with in your team and compare predicted vs realized actual outcomes

    Lean-Case also provides exporting functionality for all data calculated in Lean-Case. 

    You can export the charts, or the data from each chart - allowing you to create the charts in Excel or Powerpoint. 

      And if you are a consultant, you can amaze your clients with the most comprehensive business plan in Excel they have ever seen.

      Lean-Case allows you to download the full model - so you'll have a fully editable Excel sheet of your entire business plan. Upon opening the Excel model, you have to enable. 

      Collaborate with your team, management and stakeholders with actionable insights 

      Share insights on your revenue potentials privately 

      No limit on the number of viewers whom you can share project

      No limit on the number of editors who can edit your project

      No need to start from scratch. Just transfer ownership to your team member.

Jump-start your new business case with existing Blueprints. These Blueprints  are pre-loaded with numbers, conversion rates, traffic costs, headcounts and more.

    Create a new project directly using a blueprint library

    You can also create your own blueprint custom build just for you

    Extensive Step-by-Step product training and help portal helps you to build your business case even if you have zero knowledge of business plan

    Get easy access to Lean-Case help portal

    In-product video tutorials are great place to start your Lean-Case journey

Get access to context sensitive benchmarks

    Dedicated email support on priority for Pro and Enterprise Plan

    On-demand Train-the-Trainer Workshops for Enterprise clients

    Business pitch, branding and secured login

Learn to pitch and explain your business to anyone, quickly and clearly with all key metrics under 10 minutes

    Give your corporate identity and branding to your business case right from your Lean-Case Workspace

    Enhanced secured login

    Other Done For You Services 

    Add more Users per workspace

    Create Projects per User

    Add Extra Projects per User

    Dedicated Project Onboarding/Coaching Session

    One-to-One Support for Business Case Evaluation

    Exclusive Funding Round Support

Support for Investment Due Diligence Process

Mentorship Programs/Training Programs

Custom Developments

On-demand Train-the-Trainer Session (2h)

Pricing

Basic


19$/

month

For individuals just getting started with business planning

billed every 12 months

2 Business Plans per User

Additional User: 9$/month


Advance


26$/

month

For teams that need to create & track business plans with confidence

billed every 12 months

2 Business Plans per User

Additional User: 12$/month


Advance


45$/

month

For companies that need to manage project and startup portfolios

billed every 12 months

2 Business Plans per User

Additional User: 15$/month


Advance


499$/

month

For organizations that need additional security, control, and support

billed every 12 months

2 Business Plans per User

incl. 40 users


2. LivePlan

Best overall business plan software.

If you want modern business planning software with a template, LivePlan may be the right choice for you. LivePlan is great with its user interface, which feels innovative and slow to the touch, as well as offering intuitive, easy to use features and options.


The step-by-step guide will help you start from scratch, and you can take advantage of their online learning center to continue gaining business skills.

Pros:

  • Affordable plans, including pay-as-you-go option
  • No long-term contracts or cancellation fee; 60-day money-back guarantee
  • Modern, intuitive interface; cloud-based, can be used on Mac, PC, as well as tablets
  • Ability to create unlimited plans in one account; over 500 customizable templates
  • Variety of business resources including video tutorials, step-by-step instruction, and general customer support

Cons:

  • Limited integration options
  • Challenging to enter your own financial modeling projections
  • Can be difficult to learn
LivePlan

Here you can see what it looks like to edit your business plan using LivePlan. Image source: LivePlan

LivePlan Features and Value Propositions

Create a Fundable Business Plan

  • ONE-PAGE PLAN 
  • STEP-BY-STEP GUIDANCE
  • 500+ SAMPLE PLANS
  • AUTOMATIC FINANCIALS
  • Share A Plan You Can Be Proud

INVITE TEAMMATES

  • DOWNLOAD OR SHARE ONLINE
  • Set goals, track your progress
  • INDUSTRY BENCHMARKS
  • PERFORMANCE DASHBOARDS
  • SMART BUDGETS & FORECASTS
  • Open-Page Plan
  • Expert guidance for your business plan

Step-by-Step Planning Process

  • See Your Financials Automatically
  • World-Class Help
  • 500+ Sample Business Plans

AUTOMATIC FINANCIALS

  • Automatic financials - no spreadsheets required
  • Works for every business in every industry
  • Drag and drop financial forecasting
  • Easy budgeting with step-by-step help
  • Automatic Charts and Graphs

Every Currency, No Borders

  • Explore opportunities with scenarios
  • Leander Ready Themes
  • Professional, Creative Themes to Make Your Plan Shine
  • Tell Your Story Visually
  • Professional Printing With a Click
  • Financial Performance Tracking

Reach your goals faster by tracking your progress

  • Business dashboards in minutes
  • accounting data is imported automatically
  • Budgeting and forecasting made easy
  • Beautiful PDF reports for printing and sharing

Explore opportunities with scenarios

  • Compare your results to the competition
  • Full support for QuickBooks Classes
  • Ability to create an unlimited number of business plans on one account
  • More than 500 business plan templates spanning various industries0
  • Integration with Xero and QuickBooks Online

Real-time tracking of financial data with accounting integrations

  • Ability to export your business plan to Word or PDF
  • Expert advice and step-by-step instruction included

Performance dashboards for tracking against budgets and sales goals

Pricing

Annual plan

$

15/ month

billed every 12 months

Six-month plan

$

18/ month

billed every six months

Pay-as-you-go plan

$

20/ month

billed once every month

3. GoSmallBiz

Best for multiple business management tools in one platform.

Next up on our list of the best business plan software options, GoSmallBiz is much more than just business plan software. GoSmallBiz gives you access to business continuity planning software with features that cover a roadmap, go through business and legal forms, build a website, and much more.

This makes GoSmallBiz great for startups or newer companies that want to access multiple business management tools on a single platform.

Pros:

  • Unlimited business consultation and extensive library of online resources
  • Multiple business tools in one software
  • Website consultation analysis and business assessment
  • Industry-specific business plan templates with emphasis on financial projections and statements

Cons:

  • Limited integration options
  • Limited business plan features
  • Entire business plan can only be exported to Microsoft Word
  • Outdated interface
image7

This demo screen from GoSmallBiz shows what it looks like to customize your business plan in their software. Image source: GoSmallBiz

GoSmallBiz Features and Value Propositions

Unlimited Business Consultation

  • Experienced consulting team
  • Get answers within 2 business days
  • Unlimited questions and answers
  • Get answers through the GoSmallBiz mobile app
  • Legal Services

Nationwide network of attorneys

  • Exclusive discounts on legal services
  • Get help with common business legal needs
  • Website Builder
  • Simple, template based platform
  • Fully responsive design
  • Open-Page Plan
  • Free website hosting included

Step-by-Step Planning Process

  • Customer Relationship Manager
  • Create detailed records for clients and prospects
  • Email marketing integration with Mailchimp

Lead tracking and rating

  • Digital Marketing Dashboard
  • Custom dashboard
  • Social media integration
  • Google Analytics integration
  • Website Analysis

Comprehensive analysis

  • 2-day guarantee
  • Detailed, written report
  • Website Analysis
  • Customized employee handbooks
  • Build a wide range of documents
  • Template-based platform

Corporate Minutes Writer

  • Step-by-step wizard
  • Compliance calendar management
  • Extensive template library
  • Business Docs Library

Extensive document library

  • Wizard tool to create and edit forms
  • Business Roadmap
  • Comprehensive business assessment
  • Specific insights and advice
  • Business Plan Software

Industry-specific plan templates

  • Step-by-step wizard
  • Financial statements and projections
  • Business Courses
  • Broad library of topics
  • On-demand video lessons

Learn from industry experts

  • Industry-specific business plan templates with step-by-step building wizard
  • Ability to create financial statements and projections
  • Free website hosting and website builder
  • Customer relationship manager with integration with MailChimp

Digital marketing dashboard with social media and Google Analytics integrations

  • HR document builder
  • Corporate minutes writer
  • Business documents library
  • Business courses library
  • Unlimited business consultation

Pricing

Basic plan

$

39/ month

no contracts, free cancellation

4. Enloop

Best for creating a simple, quick business plan.

If you are looking for free business subscription software, one of your best options is Enloop . They offer a seven-day free trial without a credit card. Unlike some of the other options on our list, Enloop is also instrumental in creating a business plan, including auto-writing text, comparing financial projections, and evaluating real-time performance tracking your progress.


However, if you prefer the easiest, fastest, and easiest way to build your business plan, Enloop is a platform worth exploring.

Pros:

  • Simple and straightforward software, solely dedicated to business plan creation
  • Seven-day free trial
  • Automatic text generation available to streamline the writing process
  • Affordable plans with annual discount option

Cons:

  • Limited additional educational resources
  • Only one template option
  • No integration options
image3

Here you can see how Enloop allows you to create and edit your business plan. Image source: Enloop

Enloop Features and Value Propositions

Unlimited Number of Business Plans

  • Financial Ratios Analyzed
  • Team / Shared Users
  • Financial Report Details
  • Automated Text Writing
  • Text and Data Synced

Charts andText Formatting and Images

  • Real-time Performance Score
  • Pass / Fail Report and Certificate
  • Country Currency Formatting
  • What are check pages? what data is available in check page
  • Automatically generated financial statements

Real-time performance score to track your progress

  • Includes financial performance comparison analysis (using three ratios with Detailed plan and 16 with Performance plan)
  • Ability to invite users to edit (two with Detailed plan, five with Performance plan)
  • Pass/fail report and certificate to help you identify issues with your plan

Pricing

Detailed plan

$

19.95/ month

or $11 per month, paid annually

Performance plan

$

39.95/ month

or $24 per month, paid annually

5. Bizplan

Best for startups looking to acquire funding or find investors.

As part of the Startups.com Suite, Bizplan receives important functions for its user interface - it is intuitive, easy to use, and modern. Work step-by-step with a business plan creator to find out what you want from your business plan. It might remind you of a modern-day website builder as there are drag and drop tools for creating templates.


For a membership fee, you have access to all tools on the Startups.com network, including self-guided courses, tutorials, high-quality videos, and more. Overall, with a direct link to Fundable, Bizplan is a leading software plan option for beginners looking to get funding and find investors.

Pros:

  • Subscription gives you access to all Startups.com tools
  • Lifetime access subscription option
  • User-friendly drag-and-drop business plan builder
  • Excellent educational resources
  • Connection to Fundable great for businesses looking for capital

Cons:

  • No free trial
  • No templates based on industry
  • No mobile access
BizPlan

Here you can see what it looks like to create a business plan with BizPlan’s drag and drop builder. Image source: BizPlan

Bizplan Features and Value Propositions

Guided Creator,Drag and Drop Templates andStunning Visual Layouts

  • Progress Tracker, Financial Tool
  • Team Salary Forecasts
  • Modern Revenue Projections
  • Every Report You Could Imagine and Sharing data
  • Team Collaboration

Control Access From Anywhere

  • Share Online with Investors
  • Education
  • Plan with Answers
  • Validate Your Business Plan
  • Get Your Plan in Front of Experts

Engage With Your Customers

  • Startups Unlimited
  • Self-Guided Courses
  • 650 HD Masterclass Videos
  • In-Depth How-To Guides
  • Over 20,000 World-Class Mentors
  • Unlimited Software Use

Drag-and-drop templates for business plan building

  • Financial command center to track all business financials in one place
  • Unlimited account collaborators
  • Ability to share business plan online with investors
  • Online resources including self-guided courses, masterclass videos, how-to guides, mentorship access
  • Unlimited software use for Fundable, Launchrock, and Startups.com

Pricing

Monthly plan

$

29/ month

Annual plan

$

20.75/ month

Lifetime Access

$

349/ month

6. PlanGuru

Best for financial planning and budget.

Finally, PlanGuru checks out some of the strongest financial characteristics of business plan software options, including budget and forecast. While the other solutions focus on writing a business plan, PlanGuru is specially designed for corporate financial planning - gives you the tools you need to budget, make financial forecasts, reports, and more.


So if you need a software solution that can streamline the financial part of your business planning processes, PlanGuru certainly has the most to offer.

Pros:

  • Extensive financial tools and detailed forecasting, budgeting, and reporting capabilities
  • Substantial library of resources
  • Cloud-based and desktop options
  • 14-day free trial and 30-day money-back guarantee

Cons:

  • Expensive, especially for additional users
  • Only focuses on the financial aspect of business planning; no templates or tools for basic business plan writing
  • Difficult to use without prior financial knowledge
LiivePlan

This interface shows you the detailed financial projections and plans you can generate with PlanGuru. Image source: PlanGuru

PlanGuru Features and Value Propositions

Build an Unlimited # of Analyses per Company

  • QuickBooks, QuickBooks Online, Xero & Excel Import
  • Import up to 5 years of Actual Results
  • Budget / Forecast for up to 10 years
  • Pre-built Integrated Financial Statement Structure
  • Automatically solved Cash Flow Statement

Archive Budget Feature

  • 20+ Standard Forecasting Methods
  • Ability to Create Custom Methods
  • Payroll Utility
  • Forecast using Non-Financial Data
  • Subtotals Feature to Group Accounts

Notes Payable and Line of Credit Tools

  • Consolidate Unlimited # of Projections
  • Financial Ratios
  • Business Valuation Tool
  • Engagement Tools for Professional Accountants
  • Standard Report Export to PDF, Word, & Excel
  • Custom Report Builder for Excel

Online Dashboard, Scorecard and Reporting Tools

  • Cloud-based version of software, as well as locally installed Windows version (desktop version has a few more features)
  • Works with QuickBooks Online, Xero, and Excel
  • Budgeting and forecasting for up to 10 years
  • Over 20 standard forecasting methods
  • Formula builder to create custom methods
  • Ratios and KPIs
  • Dashboard and reporting tools
  • Help guides, video tutorials, knowledgebase, and live U.S.-based customer support

Pricing

Monthly plan

$

99/ month

(additional users $29 per month)

Annual plan

$

899/ year

(additional users $299 per year)

What to look for in a business software plan? 

Ultimately, it is up to you to decide which of the best business plan software solutions on our list is right for your company.


So if you're looking to figure out how to choose between the different options available, it may be helpful to compare your top picks based on the following criteria:

  1. 1
    Features: As we've seen, different software business plan solutions have different features. You want to take a closer look at the feature list for each software and see which features are most important to your business needs. Do you need an extensive template library with detailed adjustments? In particular, how relevant is revenue planning without Excel for you? How important are the features to write a business plan? Do you want to leverage an online business skills learning center? Are you looking for a solution that also helps you to track your business on a monthly basis? It can be helpful to make a list of your preferred feature sets so that you can compare individual software plans against this list.
  2. 2
    No of Users: Consider the scope of your business planning solution. Do you want to use your business plan software with more than 1 user in your company or as part of an accelrator or incubator?
  3. 3
    Price: While you can get some free business plan options (or at least free trials), for the most part, you'll have to pay a subscription fee to get to the platform of your choice. So you want to consider what your budget is for this business tool and what type of software is the most cost-effective for your needs.
  4. 4

    User Experience: The user experience can vary widely between different business plan software options. You can find some programs that are newer or have been recently updated. Others may be the kind of interface that felt new some years ago but feel pretty old now - which makes it a bit difficult to use. Getting the right user experience for your needs is really a matter of opinion and convenience. 

The main takeaway

Ultimately, there is no doubt that designing a business plan for growth and success for small businesses in the future is important. Fortunately, good business plan software should make the process easier. It is also without question that Excel is not the right tool for calculating a realistic revenue plan for more complex business models like subscription or e-Commerce businesses. 

Whether you are looking for one of the best-programmed business plan software options above or a completely different platform, you should take the time to compare. 

As mentioned above, think about the features you are looking for, consider the number of users which you want to involve, and balance your budget vs your user experience preferences.

Choose the solution that best suits your business - ideally with a free trial.


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