Enloop
Fast and easy business plan software for individuals and teams
Best For: Business owners, accountants, entrepreneurs, and students
Pricing: $39.95
Top Features
- 4.0 Budgeting & forecasting
- 4.0 Financial reporting
- 3.8 Funding & investor tools
- 3.5 Collaboration
- 0 Support
Other Users Choose
- 4.7 Budgeting & forecasting
- 4.6 Financial reporting
- 4.6 AI Assistance
- 4.5 Collaboration
- 4.4 Support
Overview
Enloop is a business and financial planning tool helping business owners, accountants, entrepreneurs, and students create and manage their business plans online.
It simplifies business planning with features like automated text writing, auto-generated financials, and real-time performance scores.
Enloop offers a team/shared users feature, so you can invite your team, accountant, or business partner to view and edit your business plan.
The automatic text writing helps create customized text and syncs your financial data into your text for hassle-free updates whenever you change your financials.
The application generates 16 critical financial ratios to analyze the forecasted performance. What’s even better is that it compares your ratios to your peers and competitors so you could see exactly how you stacked up against them.
Understanding all its functionalities is tough, but it has much to offer once you figure out its basic functionalities. Still, it’s not the most intuitive and user-friendly application in this space, so it may take a while to get used to it.
See how Upmetrics could be a great alternative to Enloop with advanced planning features and AI capabilities.
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Enloop Review
Positive
- You can invite your team members, accountant, and business partners to view and edit your plan.
- Enloop lets you choose from 100+ currency symbols and number formatting in your country.
- The tool offers a pass/fail report and certificate to understand critical issues to make necessary updates.
- Enloop’s performance score helps entrepreneurs strengthen their business plans in real-time.
- Built-in algorithms to automatically generate financial projections can be time-saving for new users.
- The application generates 16 critical financial ratios to analyze the forecasted performance.
Negative
- Enloop offers a structured approach to business planning but has limited customization options.
- Not having industry-specific templates could be a significant drawback for entrepreneurs operating in a niche market.
- Enloop’s pricing plans are comparatively on the expensive side, considering its feature offerings.
- The application has an outdated UI which has not been for a long time.
- As it’s not the most intuitive tool in the market, it may take a while for new users to get used to it.
- Enloop lacks many advanced business planning features: pitch deck creator, strategic planning, AI Assistance, and more.
- Unlike other business planning software, Enloop does not provide a money-back guarantee on its subscription plans.
Enloop Pricing
This business and financial planning tool could be an ideal solution for startups and small business owners. Enloop offers detailed and performance pricing plans to cater to its audience.
Entrepreneurs often have questions about their pricing plans, like do they have a free plan, what features these plans include, and more. And we’re just going to discuss that in this section.
So no, Enloop does not have a free plan. However, they offer a 7-day free trial to explore the tool and its feature before purchasing. Besides, they also don’t offer any money-back guarantee.
Let’s discuss its other pricing plans in detail:
Detailed Plan: Enloop’s Detailed Plan is ideal for small business owners and startups. It offers the creation of 3 business plans and analysis of 3 financial ratios and allows collaboration with up to 2 shared users.
Besides, other features include automatic text writing, text and data syncing, real-time performance score, country currency formatting, and more.
Performance Plan: Enloop’s Performance Plan is ideal for medium-sized businesses and teams. It offers the creation of 3 business plans and analysis of 16 financial ratios and allows collaboration with up to 5 shared users.
Similar to the Detailed plan, other features include automatic text writing, text and data syncing, real-time performance score, country currency formatting, automatically generated financial reports, and more.
Check out this pricing table to compare both plans, their pricing, and the features included:
7-day Free Trial
Free
No credit card required
- 3 Business plans
- 16 Financial ratios analyzed
- 0 Shared users
Features
- Automated Text Writing
- Text and Data Synced
- Real-time Performance Score
- Pass/Fail Report & Certificate
- Country Currency Formatting
- Charts
- Text Formatting and Images
Detailed
$19.95
Per Month
- 3 Business plans
- 3 Financial ratios analyzed
- 2 Shared users
Features
- Automated Text Writing
- Text and Data Synced
- Real-time Performance Score
- Pass/Fail Report & Certificate
- Country Currency Formatting
- Charts
- Text Formatting and Images
Performance
$39.95
Per Month
- 3 Business plans
- 16 Financial ratios analyzed
- 5 Shared users
Features
- Automated Text Writing
- Text and Data Synced
- Real-time Performance Score
- Pass/Fail Report & Certificate
- Country Currency Formatting
- Charts
- Text Formatting and Images
Price Comparison
As we recently discussed Enloop’s pricing plans, we can say that it’s relatively expensive compared to other tools in the market.
With tools like Upmetrics, you can get a wide range of features required for comprehensive business planning at much affordable rates.
In short, Upmetrics can be an affordable, reliable, and beginner-friendly alternative to Enloop.
Detailed
$11 /per month
Premium
$24 /per month
Money-back-guarantee
No
Free Trial
Available
Starter
$7/per month
Premium
$14/per month
Money-back-guarantee
Yes
Free Demo
No
*Pricing is based on annual billing.
Features
1. Automated Text Writing
Enloop offers an automatic text-writing feature that creates customized text you can edit depending on your preferences. In addition, it automatically syncs financial data into your text for hassle-free updates.
As it eliminates manual editing and writing, this feature can be a huge time-saver for those new to business plan writing.
2. Team / Shared Users
As discussed before, Enloop offers a collaboration feature allowing multiple team members to access and collaborate in business planning.
So, you can easily invite your team, accountant, or business partners to view or edit your business plan. Detailed plan users can have up to two shared users, while performance plan users can have up to five shared users.
3. Automatically Generated Financial Reports
Automatic financial reporting is yet another incredible Enloop business planning feature. This tool automatically generates bank-ready financial forecast reports in your business plan based on your inputs.
The limit here is that it can only create financial reports for 36 months, which can be a significant drawback for entrepreneurs looking for long-term financial planning features.
4. Real-time Performance Score
Enloop offers a real-time performance score to measure the strength of your business plan. Your score increases as your plan becomes more comprehensive and stronger.
This way, you will be able to see your score grow as your business plan strengthens in real time.
5. Country Currency Formatting
Enloop’s country currency formatting allows users to display financial figures and currency values according to their target region or country. Depending on your country, you can choose from 100+ currency symbols and number formats.
This feature also improves user experience by eliminating the need for manual formatting or conversion of currency values.
6. Financial Ratio Analysis
Enloop provides its users with a comprehensive analysis of 16 critical financial ratios to assess their forecasted performance.
In addition to providing valuable insights into profitability, liquidity, efficiency, and overall operational performance, these ratios are key indicators of a business’s financial health.
Furthermore, the tool compares your ratios to your peers and competitors so you could see exactly how you stacked up against them.
Conclusion
With growing competition in almost every industry, business planning is not an option anymore. In fact, having a comprehensive business plan is a must for any business wanting to stay relevant to the market and succeed.
And tools like Enloop and Upmetrics help them to easily create business plans, so they can spend less time planning and more time growing their business.
We hope now you know Enloop and its features inside-out to make an informed decision. That’s it for today. Happy business planning.
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Frequently Asked Questions
What is Enloop used for?
Enloop is a business and financial planning software for entrepreneurs, accountants, and small business owners. This tool can be used for hassle-free online business plan creation.
What integrations does Enloop allow?
No, Enloop doesn’t offer integrations to any third-party tool or application
What are the benefits of using Enloop?
What is the benefit of using Enloop? Well, there are a few benefits of using this business planning tool. The number one benefit it offers is features like automatic text writing and financial reporting to make business planning easier for its users.
It also has a collaboration feature, so you can invite your team members and partners to contribute, whereas its performance score helps you strengthen your business plan in real-time.
Does Enloop provide a free trial?
Yes, Enloop does provide a 7-day free trial with no credit cards required to understand and learn more about the tool and its features.
Is Enloop worth it?
Enloop is a great business planning solution for small business owners but has some limitations. Upmetrics could be a much better Enloop alternative.