If you ask a successful sports coach how he can win so many games, he will tell you that he has a unique plan for every game he coaches. To beat any of their opponents, they must prepare a specific game plan tailored to the strengths and weaknesses of each of their opponents. Otherwise, they will be overwritten.

The same logic applies to businesses. If you want to start a business, developing a solid business plan will be one of the first steps. It will cover everything from a detailed explanation of your products / services and pricing model to at least three years of financial projections, and much more.

So whether you don’t know where to start or are just looking to make the process easier, you might want to turn to business plan software and tools for help.

In this guide, we’re going to detail over 10 of the best business plan software and tools, discuss their main features, pros, cons, pricing plans, and more, so that you get all the information you need to decide which one is. good. For Your Business.

What is Business Plan Software?

First, a business plan is a detailed roadmap outlining the future of business operations. It is not limited to established organizations, but can be written for small businesses to plan their operations.

Business plan software is specially designed to guide you through every step of your business plan and fill in the gaps. This way, you’ll be more effective at clarifying direction, attracting funding, developing team members, and ultimately achieving your business goals.

Benefits of using Business Plan Software

To get started, let’s take a look at some of the benefits of business planning software to better understand each one and decide if you need it on your side.

  • Simplify the process: Whether you’re a beginner or a manager, you might need a helping hand to write a workable plan. The right software can simplify the process by taking you step-by-step through building a plan and giving you suggestions on what to insert or remove so you don’t have to think too much about the details.
  • Save Time – Business plan software offers suggestions based on your ideas, gives you insight into meaningful data, organizes the plan, and saves you energy and time.
  • Help with your finances: Lack of financial experience can make it stressful to work on the financial aspects (like projecting cash flows and calculating an income statement) of your business plan. Business planning software can help you bypass financial projections and create a model that will support your plan.
  • Accessible to multiple team members – Your team members can add items to the plan that they can view and review further. Thus, the talents and skills of each are highlighted, fostering a spirit of collaboration and delivering better results.
  • Customizable Templates – Depending on the industry, you can choose from a library of templates and make sure your business plan visually reflects your ideas. Not all software offers this kind of customization, but if you care about the look, go for something that delivers above average results.

Best Business Plan Software Tools in 2022

Below are the best business plan software tools on the market. We have handpicked these tools because they meet most of the needs our community encounters when creating a business plan. Each offers unique features and your choice will depend on your current needs.

1.Live plan

The best profitable and intuitive business plan software

LivePlan is a great solution for the novice entrepreneur (or entrepreneur at any stage) who needs a step-by-step process to create a professional business plan. LivePlan also offers a comprehensive online learning center that teaches you how to start and run businesses, present your proposal to investors, write your business plan, and more.

We love LivePlan’s simple and intuitive interface and one-page business plan that allows you to generate answers to critical questions related to your business strategy.

LivePlan One Page Business Plan

Once you’ve completed your one-page business strategy plan, proceed with customizing one of LivePlan’s 500+ SBA-approved business plan templates and create a custom plan, step-by-step.

Connect LivePlan to your financial software and with the financial dashboard, keep track of your current and future budgets, income, expenses and sales as you progress towards your goals.

Features:

  • One page business plans
  • Detailed business plans
  • 500 industry-specific SBA approved models
  • Step by step instructions
  • Financial forecast
  • Generate financial reports
  • Financial software integration
  • Financial performance monitoring
  • Market research tools

Price :

No free trial; 60 day money back guarantee

LivePlan has a simple pricing plan that changes based on how much advance you want to pay in advance. If you pay annually, it breaks down to $ 15 / month. If you pay every six months, the cost is $ 18 per month. The pay-as-you-go plan is $ 20 per month and the first month is billed at $ 10.

LivePlan also offers a 60-day money back guarantee.

2 . Business Plan Pro

Best business plan software for small businesses (not cloud-based)

As one of the premier business planning tools, Business Plan Pro offers world-class customer and technical support to help small businesses succeed. Plus, it provides clear instructions and state-of-the-art financing tools to create a solid business plan and impress potential investors.

The software offers up to 500+ business plan templates and samples, which are present in the format preferred by SBA-approved investors, banks, and lenders. There are also different categories of models such as Manufacturing, Travel & Transportation, Travel, etc. to help you choose.

In addition, Business Plan Pro allows you to import data directly from Quickbooks and export your business plan to Microsoft Word, Excel and PowerPoint, or transform it into PDF format.

Main features:

  • 500+ business plan templates
  • Formulas and integrated financial statements
  • Ability to create visually appealing forecasts with a drag-and-drop graphical forecasting tool
  • Ability to import data from Quickbooks and export it to Excel, Word, PowerPoint

Price packages:

  • Standard Package: $ 99.95 one-time purchase
  • Premier Package: $ 159.95 one-time purchase

3. Enloop

The best business plan software with a free version

If you’re looking for an easy-to-navigate solution that can complete your business plan quickly, Enloop is here for you. It does this through its auto-write feature and performance score that acts as a digital mentor.

Additionally, Enloop places a strong emphasis on the financial side of the process, which is great for people with great ideas but not necessarily financial wizards. Demonstrating profitability is crucial to raising capital from investors, and the software looks at this financial viability from your vision. It allows you to add tables and charts and analyze 16 different financial ratios.

It also allows you to compare financial projections to industry averages, so you have a clear idea of ​​how your idea stacks up. You can consult an expert in case you need advice. Enloop also offers business plan templates and an HR / legal document creator, making it one of the best candidates for startups.

Main Features:

  • AutoWrite and TextSync functions automatically create custom base text for your business plan
  • 16 different financial reasons indicate your financial health
  • The performance score of 0-100 serves as motivation to complete the plan.
  • Over 100 currency symbols and number formatting
  • Access to business models

Price packages:

  • Detailed plan: $ 11 / month (billed annually)
  • Performance plan: $ 24 / month (billed annually)

4. BizPlanBuilder

The best cost effective and easy to use option with financial management and forecasting

As an intuitive business plan tool, BizPlanBuilder provides a simple wizard that guides users through business planning step by step. With its industry-specific predefined templates, the software can help you design a plan that reflects your business goals.

With just one link, you can share your plan with investors online. So instead of sharing large attachments, you can present your plan right in a browser using modern navigation.

If math isn’t your strength, don’t worry! BizPlanBuilder’s financial tools including calculators, cost analysis, financial projections, budget sheets, tables, and graphs will help you do this. It also allows users to import financial data from different accounting software.

In addition to business and financial planning functions, the software offers real-time collaboration, which means that multiple team members can simultaneously view and edit the business plan.

Main Features:

  • Industry-specific predefined templates for business planning
  • Financial tools available, including calculators, table and graph generators, and budget feasibility tools
  • The collaboration feature allows team members to connect, view and edit the business plan at the same time.
  • Technical support available, including phone and email support, FAQs, and video tutorials

Price packages:

  • BizPlanBuilder for Startups / Funding / MBA Students: $ 97 / year (add as many team members as you want for $ 10 / year each)
  • BizPlan Builder for Business Growth / Strategic Planning / Growth Financing: $ 27 / month (add an unlimited number of teams, advisors, investors for $ 1 / month each)

5. Bizplan

The best business plan software for startups looking to raise capital

Designed especially for tech startups, Bizplan will help you create a customizable business plan and tone that will appeal to multiple investors.

As part of the Startups.com suite, Bizplan receives top marks for its modern, intuitive, and easy-to-use user interface. You will work with a business plan creator step by step to get exactly what you want from your business plan. It may remind you of a modern website builder because it has drag and drop tools to create templates.

In addition, if you are a paid user, you will have access to all the material in the Education Corner, including online courses and more than 600 detailed videos to help you explore more.

In the event of a problem, you can contact your account manager during business hours (Monday through Friday, 9 AM to 9 PM) or send an email with any questions you may have.

Main features:

  • Drag and drop templates to create business plans
  • Ability to track all financial data of the company in one place with the financial command center
  • Ability to access Fundable.com, an online fundraising platform that connects startups or small businesses with potential investors.
  • Unlimited account contributors
  • Availability of online courses, including clues, master classes, guides, and expert answers.
  • Ability to control who can view or comment on your company’s internal information

Price packages:

  • Monthly plan: $ 29 / month
  • Annual plan: $ 20.75 / month
  • Lifetime Access Plan: $ 349

6. GoSmallBiz

Ideal for small businesses and nonprofits looking for a complete set of business management tools at an affordable price

GoSmallBiz is a complete suite of business tools created by NFL businessman and hall of fame Fran Tarkenton in 1996. The suite of products includes everything small businesses need to run and grow a business. In this suite you will find the creator of business plans.

Like other business plan creators, Gosmallbiz offers a step-by-step interface that allows you to navigate each section seamlessly. Additionally, the tool offers various financial report templates to help you track and manage finances.

Although GoSmallBiz’s business plan builder is somewhat limited compared to others on the market, its notable feature is the inclusion of additional business management tips and tools:

  • Unlimited business advice
  • Head of Customer Relations
  • Digital Marketing Dashboard
  • Website builder
  • Website analysis
  • HR document generator
  • Writer of company minutes
  • Trade roadmap
  • Business document library
  • Business courses

Features:

  • Step by step instructions
  • Detailed business plans
  • Industry specific models
  • Financial forecast
  • Generate financial reports
  • Financial performance monitoring
  • Multi-user access
  • Business management tools
  • Access to expert training and advice
  • Mobile app

Price :

No free trial; 30 day money back guarantee

Pricing is set at $ 39 / mo for all features and offers.

7. PlanGuru

The best business plan software focused on financial planning and budgeting.

PlanGuru is a financial business plan software solution for small businesses that want to budget, forecast, and manage their finances effectively. PlanGuru differs from other business planning software tools in that it focuses only on financial planning. So, if you are looking for a standard business plan maker, this software might not be for you.

PlanGuru’s strength lies in its financial capabilities, as shown in the panel below. Below is a view of the Income Spreadsheet, one of the many reports available with Planguru.

Users can budget and plan for up to 10 years into the future.

In addition to solid financial planning, budgeting, reporting and analysis, PlanGuru also offers analysis, including charts, graphical projections, and financial performance information.

PlanGuru also provides PlanGuru University (PGU) to teach businesses about budgeting, forecasting and planning, and how to use the platform. The business planning tool also offers video tutorials for all of its functions.

Features:

  • Detailed financial plans
  • Financial software integration
  • Financial projection
  • Financial coefficients
  • Export to PDF, Word and Excel
  • Excel add-in for advanced reports
  • Analysis reports
  • Multi-user access
  • PlanGuru University


Prices:

14 day free trial; 30 day money back guarantee

The price of the cloud version is $ 99 / month billed monthly or $ 899 / year (single entity). PlanGuru also offers a Windows version for the same price if you need consolidations from multiple departments.

8. Business Sorter

Ideal for small businesses looking for a fast, streamlined planning process without sophisticated financial forecasting

Business Sorter is a cloud-based solution that provides the content to create plans that you can share and follow. The content covers six key areas including finance, sales, brand, people, operations, and goods and services.

The platform promises to simplify and speed up business planning with a new 273 card sorting system that covers many common situations. You can also include, modify existing cards, delete or add your own.

You can keep everything, including your ideas and thoughts, in one central location. It also offers tips and advice at every step to help you put your strategy into action. Unlike some video software, the teaching resources here are provided as Word and PDF files, which may be faster to access, but more difficult for some beginners to follow.

Main Features:

  • Map-based planning system with 273 digital maps
  • Integrated tips and additional information
  • Add team members and assign tasks
  • Multi-device access
  • Secure data protection

Price packages:

  • Small team plan: $ 80 / year (3 users, billed annually)
  • Average team plan: $ 240 / year (10 users, billed annually)
  • Large Team Plan: $ 640 / year (30 users, billed annually)
  • Business plan: personalized pricing (unlimited users)

Conclusion

One of these business plan software could be the one that makes your life easier. Hope you already have an idea of the correct fit. If not, maybe you should go back to the list and see which outfit catches your eye first.

Feel free to share your ideas and suggestions in the comment section below.

What are the 4 types of business plans?

Business plans can be divided roughly into four distinct types. There are very short plans, or miniplans, presentation plans or decks, working plans, and what-if plans. They each require very different amounts of labor and not always with proportionately different results.

What is a simple business plan?

The standard business plan consists of a single document divided into several sections for distinct elements, such as a description of the organization, market research, competitive analysis, sales strategies, capital and labor requirements, and financial data.

How can I make a plan?

Now that the importance of having a plan is clear, here are four steps you can take to create your own foundation for action.
1. Write down your goal.
2. Create a plan by dividing your goal into chunks.
3. Review your plan daily.
4. Stay on target.

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