Is LivePlan right for your business?

We’re here to help you make the best Accounting Software choice.

best for

  • Accounting
  • Best For Most Business Sizes
  • Supports Cloud Based Platforms

what reviewers say

  • Great value for money
  • Great ease of use
  • Great functionality
Frontrunners

Frontrunner 2021

Software Advice's FrontRunners report ranks top products based on user reviews, which helps businesses find the right software.

What is LivePlan?

LivePlan supports entrepreneurs and small-to-medium sized business in planning, funding, and growing their business. Creating a dynamic business plan is easy in LivePlan. Step-by-step guidance, examples, and expert support help you create a professional plan with all the details a lender or investor expects to see. Quickly create your pitch to lenders and investors in LivePlan in less than 30 minutes. Get feedback, allow others to view your pitch, plan or reports, and ensure everyone is one the same page by granting access to collaborators and guests. No need for complex spreadsheets or formulas. LivePlan's automated financials and built in equations mean you spend less time number crunching and checking for accuracy, and more time focused on the things that matter... read more

Jump to:

Pitch creation. LivePlan will help you clearly explain who your customers are, what your marketing and sales activities will be, and what your product or service offerings will be.
Pitch creation. LivePlan will help you clearly explain who your customers are, what your marketing and sales activities will be, and what your product or service offerings will be.
Step-by-step guidance through each section of your business plan.  LivePlan asks you questions, you provide answers to easily build a professional plan. Instructions & examples help through each step.
Step-by-step guidance through each section of your business plan. LivePlan asks you questions, you provide answers to easily build a professional plan. Instructions & examples help through each step.
Answer a few questions about how you plan to make money and LivePlan's built-in formulas project your cash flow automatically. It's a quick way to create accurate forecasts and budgets.
Answer a few questions about how you plan to make money and LivePlan's built-in formulas project your cash flow automatically. It's a quick way to create accurate forecasts and budgets.
With LivePlan, you don't have to worry about navigating complex spreadsheets or breaking formulas in Excel. LivePlan takes you step-by-step through the process of creating the powerful financial reports you need for your business plan.
With LivePlan, you don't have to worry about navigating complex spreadsheets or breaking formulas in Excel. LivePlan takes you step-by-step through the process of creating the powerful financial reports you need for your business plan.
LivePlan's Industry Benchmark data helps you understand your market, so you can make more informed decisions. Enter your industry and location, and you can see at-a-glance how your key performance metrics compare to similar companies.
LivePlan's Industry Benchmark data helps you understand your market, so you can make more informed decisions. Enter your industry and location, and you can see at-a-glance how your key performance metrics compare to similar companies.
The LivePlan Dashboard connects directly with your accounting software (QuickBooks and Xero) and sets up your business dashboard automatically - no customization or coding required. No accounting software? You can also enter your data manually.
The LivePlan Dashboard connects directly with your accounting software (QuickBooks and Xero) and sets up your business dashboard automatically - no customization or coding required. No accounting software? You can also enter your data manually.
Click to open gallery

User Review Highlights

4.52

112 Reviews

5
77
4
25
3
4
2
3
1
3
4.5

Ease-of-use

out of 5
4.5

Customer Support

out of 5
4

Value for money

out of 5
4.5

Functionality

out of 5
  • icon"Great presentation aesthetics. Great tips on use and preparation."
  • icon"Live Plan was perfect for my needs - it helped me shape my strategic plan and think through my start-up capital requirements and revenue projections."
  • icon"Customer service is excellent, I was able to reach someone immediately when calling."
  • icon"I got stuck at the beginning a little bit with the various summaries."
  • icon"It made using the review feature (to compare projections with performance) more difficult to use."
  • icon"Unfortunately it is limited to that time frame which disappoints because other than the time frame, just about everything else is customizable."

Read user reviews

How much does LivePlan cost?

Packages available in Monthly and Annual Subscriptions. LivePlan Standard Includes: - Step-By-Step Instructions - Automatic Financial Statements - Full Financial Forecast - One-Page Pitch Builder - 500+ Sample Plans LivePlan Premium Includes everything in Standard, plus: - Industry Benchmark Data - Financial Forecast Scenarios - Performance Dashboards - Milestone Planner - LiveForecast - Syncs with Xero & QuickBooks All subscriptions come with a 35-day money-back guarantee.

Starting price

$20.00 per month

Free trial

Not Available

Free version

Not Available

Which features does LivePlan offer?

Core features:

Accounting IntegrationActivity DashboardAPIBenchmarkingBudgeting/ForecastingBusiness Plan TemplatesChartingCollaboration ToolsCommenting/NotesCustomizable ReportsShow more features +

People who reviewed this software give it a 4.5 star rating for functionality.

How easy is LivePlan to use and deploy?

LivePlan supports Cloud Based deployment options, including: Cloud, SaaS, Web-based.

People who reviewed this software give it a 4.5 star rating for ease-of-use.

What do verified users say about LivePlan

4.52/5 out of 112 Reviews

Showing 1 - 5 of 112 reviews

User Profile

Laurie

Verified reviewer

Company size: 11-50 employees

Industry: Food & Beverages

Time used: Less than 2 years

Review Source: Capterra

This review was submitted organically. No incentive was offered
5

Ease-of-use

out of 5
5

Value for money

out of 5
4

Functionality

out of 5

January 2020

Best Planning Software for a Small Start-Up

LivePlan helped me create a workable, realistic strategic plan. After one year in business, I revisited the plan and saw that my projections on revenue, margins and start up costs were spot on, thanks in part to this great software tool. I recommended it it to several prospective bakery owners as a well-priced tool to start turning their dream into a viable business reality.

Pros

Live Plan was perfect for my needs - it helped me shape my strategic plan and think through my start-up capital requirements and revenue projections. I loved that it gave me some industry benchmarks and suggested budget items (like employee payroll liabilities) I hadn't thought of. The templates were also very helpful to show me what a plan should look like.

Cons

I didn't like that the software didn't highlight at the beginning how to coordinate between my LivePlan line items and my Quick Bookls like items. It made using the review feature (to compare projections with performance) more difficult to use.

Response from Palo Alto Software

Thank you so much for the feedback Laurie - we greatly appreciate it!

Replied January 2020

User Profile

Lucy

Verified reviewer

Company size: 11-50 employees

Time used: More than 2 years

Review Source: Capterra

This review was submitted organically. No incentive was offered
3

Ease-of-use

out of 5
3

Value for money

out of 5
5

Customer support

out of 5
2

Functionality

out of 5

March 2018

Good for planning and forecasting, rubbish at Actuals to compare performance against plan

Checked my business plan was viable, helped me clarify my thought processes. Gave me something to measure performance against. Unfortunately doesnt integrate to Zoho Books (as of March 2018), nor is there any opton to import from a CSV or other spreadsheet format. If you are a Xero or QB user you can link to get your actuals for comparison against plan, BUT proceed with caution. You cant undo the data import - everything needs deleting manually, and you cant choose which timeframe you import data for. Its last 2 years plus current year and thats that. So if your business has changed significantly and you only want say last six months dat you cant achieve this

Pros

Cloud based, easy step by step process for planning for novices. Once you have put in the basics of revenue streams and costs its very easy to play "what if" type questions and see the impact on your forecast. You can get into enormous detail if you want or build this up over time as you develop your thought process.

Cons

Where the product really falls down is when you want to compare with Actuals. It only connects to Xero and Quick Books and you have no control over the data or time period that it syncs at all - current year plus last two years, which is rubbish if your business has pivoted and you only want the last six months data for example. Whats worse is you cant roll back the sync - you have to manually delete all sync'd data. Further if you dont use Xero or QBooks, there is no option to import from a spreadsheet - so again you need a data entry person to manually enter actual data unless you want to spend ages doing it yourself... Very disappointed as up to this point had liked the platform.

Angela

Company size: 2-10 employees

Industry: Retail

Time used: Less than 2 years

Review Source: Capterra

This review was submitted organically. No incentive was offered
4

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
4

Functionality

out of 5

April 2022

Worth it!

Excellent- working together with our consultant/advisor allowed us to piece together a concrete business plan and presentation we were proud of.

Pros

This software not only integrates with our QBO, but also by utilizing the professional advisor helped us achieve the reports/business plan we needed to present to the bank. It made us feel confident and secure in our numbers and gave us a clear view of our past, present and future! I highly recommend LivePlan. If you need organization and a business plan and forecast- what are you waiting for? LivePlan makes planning easier!

Cons

I tried using on my own-it was a struggle- I found working along side a LivePlan advisor made all the difference!

Anonymous

Company size: 2-10 employees

Time used: Less than 6 months

Review Source: GetApp

This review was submitted organically. No incentive was offered
2

Ease-of-use

out of 5
1

Value for money

out of 5
1

Customer support

out of 5
2

Functionality

out of 5

May 2022

No Quarter or Semi-annual projection options - only monthly or annual; not practical

Customer Service / Chat and Email - The company seems very small. There was no one to respond to questions and a ticket was created. It is not software to be used for a startup business - quarterly reporting is customary and usual in the US. I hope it improves for the benefit of others.

Pros

This product may be good for existing business - it could be utilized for other businesses we operate that have an existing track record. However, it is not software to be used for a startup business.

Cons

For a startup business looking into sales forecasting, it is highly unusual to post monthly revenues and costs - it is 'overly precise' and a recipe for failure. Quarterly and semi-annual forecasting is absent from the software package. I do not know of businesses which file taxes each month nor annually, but those are the options provided by LivePlan.

Matthew

Company size: 2-10 employees

Industry: Consumer Services

Time used: Less than 6 months

Review Source: Capterra

This review was submitted organically. No incentive was offered
5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
5

Functionality

out of 5

February 2022

Thank you for this software

I don't think it could be easier for someone who is unfamiliar with formal business plans to produce an accurate and professional result. I learned more about running my small business from a week of focused work in this software than I have from any other single source. It has fundamentally changed the way I view my business ventures and it will undoubtedly save me from many cash flow frustrations in the future. Highly recommend.

Pros

Logical & progressive layout, detailed instructions, examples. I especially appreciate that so far, I have hardly run into any situation that I could not accurately represent in the business plan because there has always been an appropriate option.

Cons

I haven't used every feature yet. I will update if I have suggestions, but for now I'm still learning.

Showing 1 - 5 of 112 reviews

Popular LivePlan Comparisons

LivePlan

LivePlan

4.52/5 out of 112 reviews
PriceWatch Demo