LivePlan Review: Pros, Cons, Features & Pricing
LivePlan simplifies business planning with its intuitive interface and robust features, making it ideal for entrepreneurs and small businesses.
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LivePlan is a forecasting software for small businesses and startups that need to build financial plans, run scenario forecasts, and track actuals against targets. I'd consider it a strong fit if your team handles planning without a dedicated FP&A function. Compared to PlanGuru, LivePlan is easier to set up without deep accounting expertise. That makes it a better choice when business owners or generalist finance staff are driving the planning.
LivePlan Evaluation Summary

4.5/5
- From $15/month (billed annually)
- Free demo available
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Our team has been testing and reviewing software since 2012. As finance leaders ourselves, we know how difficult—and important—it is to choose the right software.
For this guide, we evaluated tools using hands-on testing and independent research, scoring tools using our selection criteria.
Our reviews reflect our human editorial judgment, not a sales pitch.
LivePlan Overview
In my opinion, LivePlan is a solid choice for small to medium-sized businesses seeking an intuitive business planning tool. It excels in ease of use and offers an advanced suite of features that streamline the financial planning process, making it accessible to users without extensive financial expertise.
While its customer support could be more responsive, its value for money is evident, especially for startups and entrepreneurs who need a reliable tool without breaking the bank. Compared to other software, LivePlan's simplicity and focus on core functionalities make it ideal for businesses that prioritize straightforward planning over complex integrations.
Pros
- The intuitive interface makes it easy for your team members to navigate and use.
- Detailed financial forecasting tools help you plan effectively.
- The step-by-step business plan templates and creator guides your work seamlessly.
Cons
- Customization options may be limited for your specific industry needs.
- Advanced reporting features might not meet all your analytical requirements.
- The learning curve could be steeper for new users unfamiliar with planning software.
Is LivePlan Right For Your Needs?
Who Would be a Good Fit for LivePlan?
LivePlan is best suited for small business owners, startups, and entrepreneurs who need a straightforward way to plan and forecast. Its intuitive interface and step-by-step guidance make it perfect for those without extensive financial expertise.
Whether you're in retail, tech, or consulting, LivePlan's advanced financial forecasting tools and business plan creator can help your team strategize effectively and focus on growth.
- Small BusinessesLivePlan's user-friendly interface helps your small business plan and track performance with ease.
- StartupsEntrepreneurs can benefit from LivePlan’s step-by-step guidance in creating business plans.
- Retail IndustryIts forecasting tools assist your retail business in planning for seasonal changes and growth.
- Consulting FirmsConsultants can use LivePlan to showcase financial projections and business plans to clients.
- NonprofitsYour nonprofit can leverage LivePlan’s planning features to align with funding goals and objectives.
- FreelancersFreelancers can use LivePlan to organize income and expenses and plan for future projects.
Who Would be a Bad Fit for LivePlan?
Large corporations or enterprises with complex financial needs might find LivePlan lacking in advanced features. Its limited customization and reporting capabilities may not meet the demands of industries like finance or manufacturing that require detailed analytics and integrations.
If your team relies heavily on deep data analysis or specific industry compliance, LivePlan's straightforward approach could fall short.
- Large EnterprisesYour enterprise might need more advanced features than LivePlan offers for complex planning.
- Financial ServicesFinance teams requiring detailed analytics may find LivePlan's reporting capabilities insufficient.
- Manufacturing CompaniesManufacturers needing specific industry compliance might not fit with LivePlan's general features.
- Tech Startups with Complex ModelsTech startups with intricate financial models may need more customization than LivePlan provides.
- Multinational CorporationsGlobal operations with diverse needs might find LivePlan's straightforward approach too limiting.
- Data-Driven TeamsIf your team relies on deep data analysis, LivePlan's basic analytical tools might not suffice.
How We Test & Score Tools
We’ve spent years building, refining, and improving our software testing and scoring system. The rubric is designed to capture the nuances of software selection and what makes a tool effective, focusing on critical aspects of the decision-making process.
Below, you can see exactly how our testing and scoring works across seven criteria. It allows us to provide an unbiased evaluation of the software based on core functionality, standout features, ease of use, onboarding, customer support, integrations, customer reviews, and value for money.
Core Functionality (25% of final scoring)
The starting point of our evaluation is always the core functionality of the tool. Does it have the basic features and functions that a user would expect to see? Are any of those core features locked to higher-tiered pricing plans? At its core, we expect a tool to stand up against the baseline capabilities of its competitors.
Standout Features (25% of final scoring)
Next, we evaluate uncommon standout features that go above and beyond the core functionality typically found in tools of its kind. A high score reflects specialized or unique features that make the product faster, more efficient, or offer additional value to the user.
We also evaluate how easy it is to integrate with other tools typically found in the tech stack to expand the functionality and utility of the software. Tools offering plentiful native integrations, 3rd party connections, and API access to build custom integrations score best.
Ease of Use (10% of final scoring)
We consider how quick and easy it is to execute the tasks defined in the core functionality using the tool. High scoring software is well designed, intuitive to use, offers mobile apps, provides templates, and makes relatively complex tasks seem simple.
Onboarding (10% of final scoring)
We know how important rapid team adoption is for a new platform, so we evaluate how easy it is to learn and use a tool with minimal training. We evaluate how quickly a team member can get set up and start using the tool with no experience. High scoring solutions indicate little or no support is required.
Customer Support (10% of final scoring)
We review how quick and easy it is to get unstuck and find help by phone, live chat, or knowledge base. Tools and companies that provide real-time support score best, while chatbots score worst.
Customer Reviews (10% of final scoring)
Beyond our own testing and evaluation, we consider the net promoter score from current and past customers. We review their likelihood, given the option, to choose the tool again for the core functionality. A high scoring software reflects a high net promoter score from current or past customers.
Value for Money (10% of final scoring)
Lastly, in consideration of all the other criteria, we review the average price of entry level plans against the core features and consider the value of the other evaluation criteria. Software that delivers more, for less, will score higher.
Core Features
Business Plan Creator: LivePlan's step-by-step guide helps you create professional business plans without hassle. It simplifies complex tasks so your team can focus on strategy.
Financial Forecasting: LivePlan allows you to project your financial performance with ease. You can forecast revenue, expense budgets, and cash flow, all in one streamlined, spreadsheet-free interface.
Budgeting Tools: LivePlan offers a guided budgeting workflow and helps you define categories like payroll, marketing, rent, and more.
Performance Dashboards: LivePlan's dashboards offer a visual overview of your business's health. You can quickly assess key metrics and make informed decisions.
Pitch Presentation: LivePlan includes a dedicated Pitch tab that guides you through summarized sections. This helps provide a polished format to communicate your vision clearly.
Collaboration Options: LivePlan allows you to invite up to five contributors per account (plus guests) who can view, edit, and comment on your business plan and financial forecasts. This helps everyone stay aligned on goals and strategy.

Ease of Use
LivePlan is known for its intuitive design and user-friendly interface, making it easy for your team to navigate. Its step-by-step guidance simplifies the planning process, even for those without a financial background.
The clear layout and visual tools, like dashboards, help you quickly understand your business's performance. Compared to other software, LivePlan stands out by allowing you to focus on strategy rather than getting bogged down by complex features.

LivePlan Specs
- API: Yes
- Budgeting: Yes
- Calendar Management: Yes
- Dashboard: Yes
- Data Export: Yes
- Data Import: Yes
- Data Visualization: Yes
- Email Integration: No
- External Integrations: Yes
- Forecasting: Yes
- Gantt Charts: No
- Multi-User: Yes
- Notifications: No
- Project Management: Yes
- Scheduling: Yes
- Task Scheduling/Tracking: Yes
LivePlan FAQs
What's Next?
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