LivePlan

Avantages

Product way of use and how it makes my financial planning easy

Inconvénients

The new price upgrade does not make subscribing easy anymore

Avantages

I love the fact that it helps me think out my process and directs me in the right direction. It makes me want to learn more and perfect my writing. I have tried a lot of different plans and none compare to live plan. I have been using it for about a year now and it seems to be improving me and itself every time I use it. I highly recommend it to anyone starting or upgrading their business.

Inconvénients

At this point, I have no complaints. I literally had to study the first time I tried to do the financials because I really didn't know what I was doing. But I kept trying, and then it began to make sense. I think it's important to know what you are doing instead of a program that does it all for you. Liveplan doesn't do everything for you but guides you and in my mind, teaches you. To me it's like a college course in business management. I love it.

Avantages

the prompts and guides for each section is assisting much in formulating my ideas to concrete plans
Also the 'rewrite' assistance from AI is much appreciated

Inconvénients

So far nothing comes to mind. Not necessary to put more words. It means this review boxes are not functional

Alternatives envisagées 

Pourquoi passer à LivePlan

Avantages

Part of the business model is making money from unauthorized transactions.

Inconvénients

I canceled my account a month ago, but my credit card was charged again. I requested a refund, which was denied. Relying on unauthorized charges is a poor business practice. If you cannot handle cancellations online and promptly, then avoid issuing credit cards and stop auto-renewals.
When you see there is tons of negative review here and there, you should fix your system.
I expect a full refund, as my account shows that I haven’t accessed it in the past 30 days; I'm not using your service. I only tried it for a few days before canceling my account.

Avantages

Great Help with my business plan and with face to face online helps. Chat is good also. live-plan you rock !!!!

Inconvénients

Great people working hard for you!
Thanks a Million

Avantages

The plan is easy to use in the step by step process for pushing your plan

Inconvénients

The syncing with Excel is not as easy to to transition without editing the file in excel. Would like more attention on assistance with funding.

Avantages

Outline, AI, report writing and the ability to organize

Inconvénients

Forecasting ease, adding graphics and importing (API)

Alternatives envisagées 

Pourquoi passer à LivePlan

Avantages

The visual reports and ability to write business plans within a set framework

Inconvénients

Lack of customization of reports and struggling with a few areas such as payroll and fixed assets.

Avantages

It was easy to find and use initially - but with major security flaws

Inconvénients

It's basically a scam and they have taken money from my bank and refuse to cancel my account despite multiple requests.

Avantages

It gave me examples and showed me steps I needed to take for making a business plan. It really organizes the whole process and puts it into manageable steps.

Inconvénients

I thought the product was great, I had no issues.

Avantages

Although we use excel to initiate the process - we always end up placing things within Live Plan

Inconvénients

Generally going out 5 years is more than fine with projections. However, we did have a situation where we brought a new division in 2 years later and we need to combine it with the original plan and would have liked it going 6 or even 7 years.

Avantages

It allows for several different scenerios and is easy to change numbers as you learn and grow.

Inconvénients

It does not have a Sources and Uses page. This is the most important when asking for money.

Avantages

A really easy to use platform. The platform links the Business Plan with building a Pitch Deck, creating graphs to easily explain the detail of the plan.

Inconvénients

The fact you have to pay extra for some functionality around finance is an issue.

Avantages

Helped me start a business plan but after that didn’t really do much

Inconvénients

When I’m not using it kinda forgot about it and it kept charging me.

Avantages

I like the convenience of LivePlan's Dashboard, which allows me to plug in data quickly!

Inconvénients

The LivePlan platform is fantastic, but it is currently cost-prohibitive.

Avantages

up to date with all trend in finance and tecgnology.

Inconvénients

I did not find any thing missing, all I needed is there.

Avantages

LivePlan has been straightforward and informative to do. Using AI has been such a useful tool.

Inconvénients

I haven't found anything I dislike about LivePlan.

Avantages

It made it very easy to draft a business plan for a new non-profit organization I was co-founding. The plan's creation process was also very helpful in helping to clarify our mission and strategy

Inconvénients

I don't remember any downsides at this point.

Avantages

Putting together the initial Pitch, rather than the entire business plan, made me feel like I could accomplish a critical portion quickly. I still use this Pitch link all of the time. Have also appreciated using the AI tool to expand on my notes and short ideas.

Inconvénients

Having LivePlan assist me with writing the plan has been awesome, but it took several weeks to get matched with a writer and kickoff the project.

Avantages

Easy to use and understand. It’s an opportunity to understand future sales forecasts.

Inconvénients

Tax percentage depending upon the city would help.

Avantages

Ease of use and able to easily change parameters

Inconvénients

wOULD LIKE TO SEE BASIC EVALATION FOR BUSINESS

Avantages

It has a great core structure and the potential to be a highly relevant tool.

Inconvénients

It does not function well with Xero. If you are not inside the American corporate system you should NOT be using this software. Regardless of what sales teams are saying or what is being pushed by digital teams.

This software is another example of forced coercion by the American corporate machine. The site is not user friendly in Australia against our taxation and terminology. The Xero sync does not work I have logged 100s of hours in this system trying to make it work but it's just not user friendly for an every day person like it is touting.

Avantages

I really liked working with LivePlan to build a business plan. LivePlan helped me with having a template available to build my business plan upon. I thought writing a business plan would be something I would have to outsource and get help with. LivePlan allowed me to take control of writing and creating my own business plan. I love that I can change and expand my business plan at any time! I can also share my plan with potential investors and feel confident that it is both organized and professional.

Inconvénients

I would like if the software would integrate with my accounting software, that way I can see in realtime how my cash flow is cooresponding with my company goals.

Avantages

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.

Inconvénients

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.

Avantages

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.

Inconvénients

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.