Bizplan vs. Liveplan: Which is Best for Your Business?

Overview

What is Bizplan Used For?

Bizplan is one of the leading business plan software helping startups, entrepreneurs, and small business owners create business plans with direct access to planning experts.

This tool provides a guided business plan creator to streamline the writing process. This step-by-step builder breaks the tedious process into bite-sized pieces that you can actually complete.

Financial tools help create detailed projections and financial and cash flow statements in no time, so entrepreneurs can spend more time growing and scaling their businesses.

That's not it. Once you're done creating a business plan, you can directly share it with investors or use Fundable—their online fundraising platform, to raise capital for your business.

This platform has already helped raise over $500 million for startups.

Besides business & financial planning and fundraising tools, Bizplan provides guided courses on funding and direct access to a community of 20,000+ founders and experts.

Overall, Bizplan could be an excellent investment for startups and small businesses to create a comprehensive business plan. Still, it may lack in certain areas—like industry-specific guidance or assistance.

What is Liveplan Used For?

Liveplan is also a business planning and management software created to help entrepreneurs and small business owners succeed through strategic business planning. With tools like Liveplan, creating a business plan takes only a few hours, which used to take several weeks to complete.

This tool simplifies professional business plan creation with its instruction manuals, tutorials, and expert guidance, whereas its automated financials built-in with formulas ensure precise financial forecasting.

With its robust financial and budgeting capabilities, users can easily track financial projections, create and manage budgets, and track the company's financial health. In contrast, AI assistance helps write or improve content using artificial intelligence.

Overall, Liveplan provides a comprehensive suite of features including one-page plans, budgeting, financial reporting, collaboration tools, AI assistance, automatic financials, and others to create a seamless business planning experience.

However, you may need to look for other Liveplan alternatives considering its steep learning, limited financial analysis capabilities, and limited integrations.

Best Suitable for

At a Glance

If you compare some of these tools' basic but essential functionalities, you can certainly make a better decision. Looking at the comparison chart, it becomes apparent that both tools stand very closely to each other.

For instance, considering value for money and features, Bizplan and Liveplan are close. Although, when it comes to ease-of-use customer support, Liveplan seems slightly ahead of Bizplan.

Have a look at the user ratings of Bizplan vs. Liveplan along with Upmetrics to get a better understanding of all the tools.

Quick Comparison

Now let's dive deeper to understand these tools better to see which comes on top, Bizplan or Liveplan. If we compare some of the essential aspects of these tools, it will become apparent that Bizplan and Liveplan have different strengths and weaknesses.

Bizplan looks a little pricey, with its packages starting from $20.75, compared to Liveplan, which costs $15. However, it has unlimited team members and workspaces, which justifies its high pricing.

When considering basic features associated with a business planning tool like business plan builder, financial forecasting, and business plan templates, both Bizplan and Liveplan have all of them.

Still, Bizplan lacks features like a one-page pitch builder, AI Assistance, and Strategic planning. Not having a free trial or a demo plan is another drawback for both tools. Bizplan seems ahead with email, chat, and call support compared to Liveplan, as it lacks call support.

It's hard not to mention that Upmetrics provides all the features, including AI assistance, making an incredible Bizplan alternative at an unbelievable price!

You can compare all the notable features of Liveplan vs. Bizplan along with Upmetrics to see which one is better.

Reviews

Pricing

Pricing is one of the most vital aspects when comparing Bizplan vs. Liveplan or other tools. As both tools offer significantly different pricing plans, it's a bit challenging to have a fair comparison.

Bizplan has three monthly, annual, and lifetime subscription plans, which cost $29, $249, and $349, respectively. All these pricing plans include unlimited business plans, collaborators, and all features on Bizplan.

On the other hand, Liveplan has two subscription plans, standard and premium, which cost $15 and $30per month on annual billing. Liveplan's standard and premium plans provide access to 5 contributors to work on one business plan which is limiting compared to Bizplan.

However, Bizplan's pricing plans aren't customized to cater to specific audiences and may lack many advanced functionalities compared to Liveplan.

Here's a head-to-head comparison of all pricing plans, Liveplan vs. Bizplan along with Upmetrics to get a clearer view.

In-depth Business Plan Builder Comparison

Let's take a look at the feature that can set any business planning software on solid ground—business plan builder.

Both tools offer a step-by-step guided business plan builder with necessary features, including drag-and-drop templates, business outlines, progress tracker, performance dashboard, and more. Though Bizplan lacks many advanced features like task management and a one-page pitch builder compared to Liveplan.

Though Liveplan seems ahead of Bizplan by offering these features, it lacks advanced functionalities like business plan version control, strategic planning, and a pinboard to organize ideas.

Upmetrics, however, does have all the general and advanced features necessary for business planning, making it a very reliable and affordable Bizplan alternative.

Here's an in-depth comparison of Bizplan vs Liveplan's business plan builder feature along with Upmetrics for a clear understanding.

In-depth Financial Planning Comparison

Financial planning is the most critical aspect of business planning. So it's time to compare financial planning features of both tools.

Be it Liveplan or Bizplan, both tools offer excellent financial features and tools for accurate financial projections. Both tools include necessary features like financial reporting, dashboard, automatic financials, country currency formatting, and more.

However, Bizplan lacks some advanced forecasting functionalitieslike "what if" scenarios, real-time profit & cash forecasting, and integration with accounting software like Xero & QuickBooks.

Check out this table for Bizplan vs Liveplan comparison of financial forecasting features.

In-depth Step-by-step Guide and Templates Comparison

We compared the business plan builder and financial features of both planning software. Now it's time to compare their step-by-step guides and business plan templates.

Both tools, Bizplan and Liveplan, offer business plan templates and step-by-step instructions to help you create a business plan. However, Bizplan lacks how-to articles & guides and webinars & events. Though Liveplan has these features, just like Bizplan, it lacks a thorough business planning course.

In contrast, Upmetrics provides all the necessary features, step-by-step guidance and includes a detailed course on business planning to help you out.

Here's the table for the Bizplan vs Liveplan comparison of step-by-step guides and templates.

In-depth Collaboration Capability Comparison

You need a tool with excellent collaboration capabilities when working with a team. That's why collaboration is yet another aspect of business planning toolswe can't afford to ignore.

Bizplan and Liveplan both have different pricing plans, so their collaboration capabilities have to be different. While both tools allow online sharing and access to unlimited guest viewers, Liveplan is limited to 5 team members.

In contrast, with Bizplan, there's no limit for team members and contributors as their plans allow unlimited team members to work on unlimited business plans. However, it is fairly expensive for this extra feature.

Following is a comparative chart of the collaboration capabilities, Bizplan vs. Liveplan, along with Upmetrics.