LivePlan

PROS & CONS

What are the best aspects of this product?

This is the perfect tool for beginners. I had no idea where to start in creating a business plan, but LivePlan was able to set me off in the right direction.

What aspects are problematic or could work better?

The initial plan that I subscribed to had been a little pricey. Although I do love that when I decided to downgrade, they allowed me to keep all of my data.

What specific problems in your company were solved by this product?

I didn't think that I'd be able to start a business, much less create a business plan on my own. However, LivePlan walked me through every step of the way, from computing my budget and getting a forecast for my earnings.

Are you a current user of this product?

No

PROS & CONS

What are the best aspects of this product?

I love how it goes beyond just providing me with a financial estimate for my business. It follows through by integrating with programs such as QBO and Xero to allow me to check its reports against the actual performance of my business. It provides various possibilities and scenarios that might lead to each one.

What aspects are problematic or could work better?

I think it's simple enough, but I'd probably appreciate a bit more sophistication for my more complex business ideas.

What specific problems in your company were solved by this product?

I use this to compute the feasibility of my projects and see if they have the potential to be lucrative. LivePlan is truly easy to use and can be used by just about anyone.

Are you a current user of this product?

No

PROS & CONS

What are the best aspects of this product?

I love how I can simply input my information and it automatically gives me an expense and feasibility report.

What aspects are problematic or could work better?

It doesn't really help with the computation of commission. It is only best for conservative business models.

What specific problems in your company were solved by this product?

This has been helpful in financial computations and projections for my business.

Are you a current user of this product?

Yes

PROS & CONS

What are the best aspects of this product?

I think one of LivePlan's main selling points is its usability. It hooks the user up with multiple solutions in one, including a business proposal creator.

What aspects are problematic or could work better?

I can't seem to export my reports in parts. If I want a particular portion, I have to download everything else. If anyone knows a workaround for this, please let me know.

What specific problems in your company were solved by this product?

I've been using this to create business plans for my clients. It adds a sort of professional gravitas to my work.

Are you a current user of this product?

No

PROS & CONS

What are the best aspects of this product?

I cannot stress the importance of creating a business plan before diving headfirst on any venture. LivePlan is a great tool to use for start-ups. It takes the complexity away from business planning and gives you a clear and honest projection of where you might be in the next few years.

What aspects are problematic or could work better?

The learning curve is a bit steep, albeit necessary. After all, you don't want to enter a business without doing a bit of research yourself.

What specific problems in your company were solved by this product?

Every business owner can benefit from using LivePlan. It does give you a projection of where your business might take you five years into the future. If you're an accounting professional, this tool can help you present your case to your clients too.

Are you a current user of this product?

No