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The 5 best business plan tools

At the beginning of a company there is always a business idea, which should be elaborated by means of a business plan. However, the creation of a business plan is a complex task that can often take a lot of time. To make this task easier, there are various business plan software, which should make the creation process of a business plan easier.

Here you can find the top 5 business plan tools:

  • Productboard
  • LaunchPlan
  • LivePlan
  • Lexware Businessplan (Lexrocket)
  • SmartBusinessPlan

Productboard

Productboard is not exclusively a business plan tool. It is described as a product management system, with the help of which, among other things, requirements of various stakeholders can be adapted and product roadmaps can also be created. Seven templates are provided for this purpose. The corresponding categories include release plans, Kanaban roadmaps and sprint plans. This software is also suitable for creating business plans: the product roadmap can be used to draw up plans for the company, which can then be implemented in the short, medium or long term. In addition, milestones and individual goals can be set. There is also an integration that can capture, categorize and analyze customer feedback, ideas and requests.

Pricing:

  • Basic: $20/month
  • Pro: $50/month
  • Scale: $100/month
  • Enterprise: Price on request

LaunchPlan

LaunchPlan is a specific business plan tool designed to help entrepreneurs, startups and enterprises to create a business plan. The Business Model Canvas helps to present the essential aspects of the company and the corresponding value creation processes in an orderly manner on one page, in order to finally present them to potential investors. A particular advantage of LaunchPlan is that no costs are charged for additional users. Thus, business plans can be processed by several employees in parallel. In addition, financial forecasts are created by the software. Both profit and loss, balance sheets and cash flows can be modeled and recorded in graphics. There is also a free 14-day trial version of the business plan software available. However, the program is only available in English.

Pricing:

  • Monthly: $18/month
  • 6 months: 90 $ or 15 $/month
  • Annual: $144 or $12/month

LivePlan

LivePlan offers customers over 500 sample business plans categorized by different industries. In this way, they provide inspiration for what the finished business plan could potentially look like. There are also small video tutorials and definitions of relevant terms that explain each part of the business plan. In particular, financial reports and budgets can be analyzed and organized through forecasts, which can be managed using a drag-and-drop interface. Furthermore, a one-page pitch can be created using the software. This makes it easier for investors and potential prospects to understand the company’s concept and already get a contextual impression about the business. Different currencies and tax rates are also provided as options and different languages (English, German, Spanish, French, Portuguese and Italian) can also be selected.

Pricing:

  • Basic: $15/month
  • Premium: $30/month

Lexware Businessplan (Lexrocket)

Lexware Businessplan, also known as Lexrocket, provides a free online tool for users* to cover the first three years of business. Lexrocket especially makes finances a priority to make an overview of them possible from the beginning. This makes it easier to make decisions about marketing, personnel and legal form. The recommendations of the German Federal Ministry for Economic Affairs and Energy are used as a guideline. A SWOT analysis specifically addresses the strengths, weaknesses, risks and opportunities that may arise during the development of a business idea. The cloud function ensures that content is available and can be backed up from anywhere (also via mobile devices). The completed plan can then be exported as a PDF file.

Prices:

– Free (for one year)

SmartBusinessPlan

Like all other tools, SmartBusinessplan serves to simplify the creation of a business plan. For this purpose, users have 30 business plan examples at their disposal. This business plan software offers users various aspects: For example, they can access a personnel planner with a salary calculator and use a loan calculator for construction financing. This information is then used to automatically create a financial plan that is intended to cover the next three years of the company. The figures can also be edited retrospectively, providing an overview of the impact on liquidity planning and revenue forecasting. In addition, the financial plan includes annual tables and charts. Similar to LaunchPlan, employees can work together on the business plan to provide fine-tuning of various kinds. A free, 7-day trial version of the software is also available. The website also provides business plan templates for download.

Pricing:

  • Full version: 149 €
  • Monthly: 49 €/month

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