When planning for a small business, budget should always be taken into consideration, but you also want a program that works like a champ!
There is a lot of software on the market, so where can you find the most affordable yet effective products? Look no further. Here are the top 3 most relevant small business planning software programs to give you a jump start with your new business.
Perhaps the cheapest on the market, for $20 a month, you can have access to all of their resources. They offer discounts for annual rates, and even 50 percent off the first month. As one of their customers stated:
“LivePlan is like hiring an expert consultant combined with a professional designer coupled with a financial wizard.” You can’t beat a recommendation like that!
LivePlan has an intuitive interface, day-day performance analytics, and over 500 sample plans included in the package. It’s like hiring 3 employees in one. It even has a process for comparing your business to your competitors.
This software is specifically targeted towards small business, and is simple to use. With many happy customers exceeding sales projections within months, this small business planning software is a great place to start.
Unlike other software on the market, LivePlan also has an extensive resource library and attentive customer service. The help center is unique to most small business planning software and many customers find this aspect of the program the most attractive.
Business Plan Pro
Offering several different packages, with both a Standard and Premier option, the standard version won’t even set you back $100, with no additional costs.
Most business planning software programs only offer 12 month projections. Business Plan Pro can give you data at quarterly, or 24 month intervals as well. They also include a tool called “Visual Cash Planning” which provides a flow chart of how your Accounts Payable, Accounts Receivable, and inventory will affect your cash flow.
In addition, BPP offers custom templates in which you can add standardized text and financial tables to create your very own template. This is ideal for any franchises. For timely course correction, you can track real time results to compare and update your business plan.
Like LivePlan, Business Plan Pro provides excellent resources for guidance and assistance all along the way, so you’re never left scratching your head. They provide a business-plan wizard, informational videos, and step-by-step guidance.
For a lesser hands-on approach, Bizplan is more inclined for those small businesses with not a lot of time for management. Unlike LivePlan and Business Plan Pro, a custom team of experts are there to assist you with anything you need. It is ranked highly for it’s multi-user capabilities and variety of customizable business plans. It is also unique, in that Bizplan’s team of professionals will help business owners understand the processes behind their business, and how to best sell themselves to investors.
The program also includes forecasting tools using “best/worst” case scenario analysis. In addition, financial analysis is also available to help users make the best projections, assumptions, and financial determinations. Their professional team will always go beyond, with such services as:
- Press releases
- Business-plan FAQ’s,
- and built in sample plans with expert explanations.
For any small business that needs more information on the process of planning in general, the U.S. Small Business Administration (SBA) is a great resource and offers information on such essentials as: starting and managing, loans and grants, and even has a learning center.
So why go at it alone? Choosing the best small business planning software can mean the difference between making it or breaking it!