Business Plan Software: Live Plan

This can be a nice tool if you have to produce a business plan for a bank loan, angel investor, or business partners, and you have written a business plan before.

If you are a one-person business and need a simple business plan to map goals and business activities, this site is probably overkill for you.

PROS:

• Produces very nice output of plans, including color PDFs, charts, one-page summaries, and more.
• Does the calculations for you for pro-forma financials (after you enter the numbers).
• Free support for operating the software and questions about how the parts of the plan and statements connect together.

CONS:

• You still have to write the actual plan text, including doing your market research, goals, and business model.
• Creating the pro-forma financials may require some accounting knowledge, depending on how complicated your company will be.
• The free support does not include advice or training on business design, legal structures, or accounting.