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
Bizplan
Start with $20.75
Entrepreneurs, Startups, Small Businesses
Liveplan
Start with $15
SMBs, Consultants, Educators.
Upmetrics
Start with $7
Startups, SMBs, Consultants, Educators.
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.
Bizplan |
Liveplan |
Upmetrics |
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Ease of use |
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Features |
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Value for money |
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Customer support |
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Overall rating |
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Visit Website | Visit Website | Try Upmetrics |
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.
Bizplan |
Liveplan |
Upmetrics |
|
---|---|---|---|
Can't Miss to Compare | |||
Minimum Pricing | $20.75/Month | $15/Month | $7/Month |
Team Member | Unlimited | 5 | 5 |
Free Demo | No | No | No |
Core Capabilities | |||
Business plan builder | |||
Budgeting & forecasting | |||
One-page pitch builder | |||
AI Assistance | |||
Business plan templates | |||
Strategic planning | |||
Support | Email, call, chat | Email and chat | Email and chat |
Visit Website | Visit Website | Try Upmetrics |
Reviews
Positive
- A Bizplan subscription includes access to self-guided courses, 650 expert masterclass videos, and 1,000+ how-to guides on business & financial planning.
- Unlike other business planning software, Bizplan offers a lifetime plan at $349, which can be an excellent choice for business consultants.
- A fundraising platform to pitch your plan directly to investors—the platform has helped startups raise over $500 million in committed capital.
Negative
- While Bizplan offers templates and prompts for timely guidance, some users may find the platform lacking in customization options.
- According to some users, text-only sections offer you the freedom to write in any format, but the output isn't aesthetically structured, so there's no real advantage over Word.
- The process of creating a financial model is time-consuming and getting to grips with the platform can be a bit challenging.
Positive
- Writing a business plan is easy with its step-by-step guidance, AI Assistance, and industry-specific business plan examples.
- It provides industry benchmarks and suggests budget items to help you understand your market and make informed decisions.
- Its automated financials, built-in with formulas, help you automatically project your cash flow.
Negative
- It only connects to Xero and QuickBooks, and you have no control over the data or time period it syncs.
- Some users may find Liveplan challenging to try and figure out even after watching video tutorials and guides.
- Liveplan’s formatting options are a bit limiting in certain aspects of formatting. i.e., not providing font selection options.
Positive
- This web app simplifies the heavy lifting of thinking/planning of writing a business plan, pitch deck, etc.
- Even if you have never done a business plan, the step-by-step guides and template make it super easy to create a fantastic business plan in a couple of hours.
- Upmetrics’ AI Assistance is the best solution for business plan writing. It helps you auto-write, auto-improve, shorten-expand, and change the tone of your text.
Negative
- Upmetrics has a library of 400+ templates best for SMBs, but they should add a few more templates for small niche business types.
- Some users reported that financials are a bit complicated to follow, but this isn’t the case with only Upmetrics. Financial planning, in general, could be complicated for a beginner with any business planning software.
- Upmetrics is an excellent business planning tool. However, it’s not available in French or other regional languages, which can be a drawback for those who do not use English as a business language.
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 $30 per 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.
Bizplan |
Liveplan |
Upmetrics |
---|---|---|
Monthly plan
$29/pay month
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Standard plan
$15/month
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Starter plan
$7/month
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Annual plan
$20.75/month
($249 Annual) |
Premium plan
$30/month
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Premium plan
$14/month
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Lifetime Access
$349
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No lifetime plan
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No lifetime plan
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Free Demo
No
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Free Demo
No
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Free Demo
No
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Money back guarantee
No
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Money back guarantee
Yes
|
Money back guarantee
Yes
|
Visit Website | Visit Website | Try Upmetrics |
*Pricing is based on annual billing.
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.
Bizplan |
Liveplan |
Upmetrics |
|
---|---|---|---|
Step-by-step guidance | |||
Business plan outline | |||
AI Assistance | |||
Task management | |||
Progress tracker | |||
Real-time feedback | |||
Drag-and-drop templates | |||
Pinboard | |||
Visual layouts | |||
One-page pitch builder | |||
Business plan version control | |||
Performance dashboard | |||
Strategic planning | |||
Visit Website | Visit Website | Try Upmetrics |
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 functionalities like “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.
Bizplan |
Liveplan |
Upmetrics |
|
---|---|---|---|
Financial forecast calculator | |||
Financial dashboard | |||
Financial reporting | |||
Automatic financials | |||
Country currency formatting | |||
“What if” scenarios | |||
Modern revenue projections | |||
Team salary forecasts | |||
Financials export to Excel | |||
Add report to your plan | |||
Real-time profit & cash forecasting | |||
Integration with Xero & QuickBooks | |||
Visit Website | Visit Website | Try Upmetrics |
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.
Bizplan |
Liveplan |
Upmetrics |
|
---|---|---|---|
Business plan templates | |||
Business plan course | |||
Step-by-step instructions | |||
Webinar and events | |||
How-to articles & guides | |||
Visit Website | Visit Website | Try Upmetrics |
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 tools we 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.
Bizplan |
Liveplan |
Upmetrics |
|
---|---|---|---|
Unlimited Guests | |||
Online sharing | |||
Team members | Unlimited | 5 | 5 |
Visit Website | Visit Website | Try Upmetrics |
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Frequently Asked Questions
Is Bizplan better than Liveplan?
Bizplan and Liveplan are great business planning tools with necessary features, including step-by-step guidance, financial forecasting, and team collaboration. Compared with Liveplan, Bizplan is more expensive and lacks many critical features.
But both tools are pretty overpriced for startups and small business owners, considering their feature offerings.
What are Liveplan and Bizplan?
Liveplan and Bizplan are both diverse business planning tools helping entrepreneurs create investment-ready business and financial plans with advanced business planning features and step-by-step guidance.
What is better than Liveplan?
Liveplan is an incredible business plan software. However, Upmetrics provides all the advanced business planning features that Liveplan provides at a much more affordable price, making it a better Liveplan alternative.
Does Liveplan have a free version?
Liveplan doesn’t offer a free plan, trial, or demo. However, they do offer a 35-day money-back guarantee on all their plans. So you can get a refund if you don’t find it the right fit.
Do people still use Bizplan?
Yes, people still use Bizplan, as it has been in the space for quite some time now. However, Bizplan lacks many advanced functionalities and is relatively expensive compared to other tools in the market. So more and more users are migrating to more cost-effective tools like Upmetrics. It includes all the features Bizplan offers at a fraction of its price point.