LivePlan

What is LivePlan?

LivePlan is a business plan software specifically designed to assist entrepreneurs and small business owners in creating, managing, and tracking their business plans. It offers a comprehensive suite of tools and features to help businesses of all sizes and stages achieve their goals. Over 1 million small businesses use LivePlan for business planning, forecasting and financial management, and it's proven that companies that plan and track against their plan grow 30% faster than those that don't.

How does LivePlan work?

LivePlan utilizes a combination of AI-driven assistance, automated financial tools, and real-time data integration to simplify the business planning process. Here's a breakdown:

• LivePlan Assistant (AI): This AI tool is trained on thousands of successful business plans and over 30 years of planning expertise. It asks targeted questions, identifies potential issues, and helps users think through the details that investors care about.
• Automatic Financials: LivePlan translates your business ideas into financial statements, including profit and loss, cash flow, and balance sheets. No complex formulas or advanced financial knowledge is required.
• Cash Flow Forecasting: This feature helps you see your future cash position, anticipate potential problems, and make informed spending decisions.
• Real Industry Data: LivePlan allows you to access over 550 example plans and real industry data to benchmark your business against competitors and understand investor expectations.
• Integrations & Dashboards: LivePlan integrates with QuickBooks and Xero for automatic updates and provides real-time dashboards to monitor performance.

How to use LivePlan?

1. Create a plan: Transform your business vision into a roadmap for success.
2. Forecast financials: Get complete financials without the use of complex spreadsheets.
3. Master your market: Explore real business plans from companies like yours and see industry benchmarks.
4. Spot opportunities: Identify areas for growth and improvement.
5. Compare to actuals: Track your performance and see how you're doing against your plan.

Why choose LivePlan?

• AI-Powered Assistance: Get help from an AI assistant trained on successful business plans.
• Simplified Financials: Create financial statements without complex formulas.
• Cash Flow Management: Track your cash flow and anticipate potential problems.
• Industry Benchmarks: Compare your business to industry standards.
• Integration with Accounting Software: Integrate with QuickBooks and Xero for automatic updates.
• SBA Approved Formatting: Ready-made documents for pitch decks, bank loan packages and board reports.

Who is LivePlan for?

LivePlan is designed for:

• Startups: Entrepreneurs who are just starting their businesses and need a roadmap for success.
• Established Businesses: Business owners who want to improve their performance and grow their businesses.
• Business Advisors: Consultants and advisors who help businesses create and manage their plans.

Key Features and Benefits

Here's a list of LivePlan's key features and the benefits they provide:

• AI Assistant: Provides guidance and support throughout the planning process.
• Automatic Financials: Simplifies the creation of financial statements.
• Cash Flow Forecasting: Helps you manage your cash flow and make informed spending decisions.
• Real Industry Data: Provides insights into industry benchmarks and investor expectations.
• Integrations & Dashboards: Integrates with QuickBooks and Xero for automatic updates and provides real-time performance monitoring.
• SBA Approved Formatting: Helps create professional reports for stakeholders in minutes, not hours.

Customer Stories

Numerous entrepreneurs and business owners have praised LivePlan for its ease of use, comprehensive features, and its ability to help them achieve their business goals. Here are a few examples:

• Matthew H: "I learned more about running my small business from a week of focused work in [LivePlan] than I have from any other single source. It has fundamentally changed the way I view my business ventures."
• Shawnnell B: "Using LivePlan is easy and there is so much assistance available. There are examples, templates, and videos explaining what to write. [...]. It does the math for you. It creates graphs and charts. It is amazing."
• Alvaro F: "LivePlan was a great help to design, work out, plan and strategically organize and think about all the ideas that go into developing a new project and business plan [...] Think about it like a coach guiding you through the process."

Pricing

LivePlan offers different pricing plans to meet the needs of different businesses. You can visit the LivePlan website to view the current pricing plans and choose the one that's right for you.

Conclusion

LivePlan is a powerful business planning tool that can help entrepreneurs and small business owners create, manage, and track their business plans. With its AI-powered assistance, automated financial tools, and real-time data integration, LivePlan simplifies the business planning process and helps businesses of all sizes and stages achieve their goals. If you're looking for a comprehensive business planning solution, LivePlan is worth considering. It is an excellent choice for startups, established businesses, and business advisors alike, offering the tools needed to plan, fund, and grow your business effectively.