The best business plan software makes it easy to plan your business’s finances so that you can show a bank or investors this information. The whole point of a business plan is that it lets you analyze your strengths and weaknesses, including your Unique Selling Proposition (USP), and compare your product or service to those of your competitors. Even the best business plan is based on estimates and guesses, because it’s impossible to predict how the market will change, what will happen, and how the business will do in the future.
In the end, though, a business plan will show why your business is a good enough investment to risk money on. It will also show that you have researched your market properly and thoroughly, and it will show what the real potential is for a new business opportunity. Below we have mentioned some of the best business plan software.
Best Business Plan Software
LivePlan
Features
- Ability to create an unlimited number of business plans on one account
- More than 500 business plan templates spanning various industries
- 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
LivePlan could be the right choice for you if you want business plan software with a lot of templates and a modern feel. LivePlan’s user interface is modern and sleek, and it has features and options that are easy to understand and use. Their step-by-step instructions will help you get started right away, and you can use their online learning center to keep learning more about business. This is the best business plan software.
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
Cons
- Limited integration options
- Challenging to enter your own financial modeling projections
- Can be difficult to learn
Bizplan
Features
- Financial command center
- Drag and drop functionality
- Education
- Startup support
- Fundable integration
Bizplan is an online tool that 30,000 startup founders from the best business plan software platform say they use to plan their businesses. They use a guided creator that can break a big project into smaller parts that can be tracked with a Progress Tracker. They also get expert guidance every step of the way, such as templates that can be dropped in and filled out, and it’s easy to add visuals along the way.
The Bizplan Academy also has useful lessons, such as “Building a Brand: How to Tell a Powerful Brand Story” and “Critical Path Your Way to Higher Revenues,” that give you access to more resources. People who need even more help can also get a consultation from a financial expert. If you like this app you can get it from official website.
Pros
- Available assistance with video lessons
- Templates to facilitate completion
Cons
- No free tier
EquityNet
Features
- Offers unique services that match entrepreneurs with investors,
- with business plan features to enable that process.
EquityNet’s main goal is clear from its name: it is a network for getting and giving equity. This is a site for investors, but it also has tools for making plans for your business. The service starts at $199 per month and helps you make a business plan. However, it only does this as part of the process for getting venture capital and not just for planning or writing the official document. Overall, this is one of the best business plan software that you can download.
You can use just the business plan features where that’s but EquityNet deserves more of your attention if you’re also looking for a cash infusion and don’t know where to look. In the free version, you can create a profile for your business and funding, follow a guide to make a business plan, and look at profiles of investors.
Pros
- Offers unique services that match entrepreneurs with investors, with business plan features to enable that process.
Cons
- Its design is in the framework of crowdfunding investments from people you don’t know.
- If you simply need a plan to sell your local Angel investor on your process, EquityNet probably is overkill.
Wrike
Features
- Three-Pane View to keep everything at reach
- Forms and Requests to create and fulfill tasks
- Visualize your data with Analytics
- Tags and Folders to view and share project data
Wrike is a project management (PM) tool that works well as best business plan software because it has tools to help you gather and compare your data. With Wrike’s collaboration tools, business plan templates, drag-and-drop interface, and goal management features, it’s easy to get your business plan off the ground. When you use Wrike to make your plan, you can see your ideas and goals from different points of view, such as a Gantt chart, a calendar, or a board.
There are a few good reasons to make your business plan with Wrike. First, you can map out exactly what your business goals are in a project, invite teammates to work together, and message business partners to talk about everything. You can also export your data when you’re ready to put all the details into a presentation to show to potential investors.
Pros
- Easy to use
- Special account types for marketing/creative teams and professional services
- Can manage both projects and ongoing work
- New intelligent features flag projects at risk of slipping
Cons
- Difficult to choose the right plan without customer assistance
GoSmallBiz
Features
- 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
GoSmallBiz is next on our list of the best business plan software. It is more than just a business plan software, though. With GoSmallBiz, you can use business continuity planning software to make a road map, fill out business and legal forms, build a website, and do other things. In this way, GoSmallBiz is great for new or small businesses that want to use a single platform to access multiple business management tools.
Pros
- Unlimited business consultation and extensive library of online resources
- Multiple business tools in one software
- Website consultation analysis and business assessment
Cons
- Expensive monthly cost compared to alternatives
- Limited business plan features
- Entire business plan can only be exported to Microsoft Word
- Outdated interface
What Is a Business Plan?
A business plan is a document that spells out in detail what a company wants to do and how it plans to do it. A business plan is a written plan for how the company will market itself, make money, and run its business. Business plans are used by both new and old businesses.
A business plan is an important document that is written for both people outside and inside the company. For example, a business plan is used to get people to invest in a company before it has a track record. It can also make it easier to get loans from banks and other financial institutions. A business plan can also help keep the executive team of a company on the same page about strategic action items and on track to meet goals.
What Does a Lean Startup Business Plan Include?
The lean startup business plan is one way for a company to explain its business quickly. Since the company is just starting out, it might think it doesn’t have much information to share.
Sections can include a value proposition, a list of the company’s main activities and advantages, a list of its resources, such as staff, intellectual property, and capital, as well as a list of its partnerships, customer segments, and sources of income.
FAQs
What software can I use to create a business plan?
Using PM software like Smartsheet to start a business plan is a good idea because it has all the tools you need to work with multiple teams or stakeholders and plan. It’s great for keeping track of goals in real time.
What does business plan software do?
Business plan software can help with financial forecasting by making sense of your cash flow and other financial data. Some software will even automatically generate financial statements for you, making it easier for you and your audience to understand the numbers.
What are the types of business plan?
- Start-Up Business Plans.
- Internal Business Plans.
- Strategic Business Plans.
- Feasibility Business Plans.
- Operations Business Plans.
- Growth Business Plans.
