Choosing the best business planning software for you can make or break your ability to create a well-structured, investor-ready business plan. With a variety of options on the market, it’s important to identify the software that best fits your needs. Below, we rank the top business planning tools, highlighting their strengths and weaknesses.
1. Modeliks
Best for: Comprehensive financial planning and AI-powered business planning.
Modeliks leads the pack with its advanced AI-driven business plan creation, strong financial forecasting, and industry-specific financial model templates. It offers driver-based financial planning, ensuring accuracy and logical financial relationships. Additionally, Modeliks provides custom dashboards for performance tracking and investor reporting.
Pros:
- AI-assisted business plan creation
- Driver-based financial modeling
- Industry-specific financial templates
- Custom dashboards for KPIs and investor reports
Cons:
- Accounting system integrations coming in Q1 2025
- Learning curve for financial planning features (Extended educational material available)
2. Liveplan
Best for: Traditional business plans.
LivePlan is a well-known name in the business planning industry, providing user-friendly tools to create professional business plans. While its financial planning capabilities are more basic compared to Modeliks, it remains a solid choice for startups and small businesses looking for a structured planning process.
Pros:
- Step-by-step guided business plan creation
- Predefined financial forecasting tools
- Business pitch and investor presentation features
Cons:
- Lacks industry-specific financial models
- Limited financial plan customization
- No custom KPI tracking dashboards
3. Upmetrics
Best for: AI-powered planning and business templates.
Upmetrics integrates AI across the business planning process, from writing business plans to financial forecasting. With over 600 templates, it simplifies planning for users who need quick and easy customization.
Pros:
- AI-powered business plan writing
- Market research and pitch deck tools
- Wide selection of templates
Cons:
- Limited investor reporting and KPI tracking
- Financial planning tools not as advanced as Modeliks
4. Bizplan
Best for: Startups seeking crowdfunding integration.
Bizplan stands out for its integration with fundraising platforms, making it easier for entrepreneurs to attract investors. Its intuitive drag-and-drop builder allows users to create polished business plans effortlessly.
Pros:
- Direct integration with crowdfunding platforms
- Step-by-step plan builder
- Investor-friendly presentation tools
Cons:
- No AI assistance for writing plans
- Basic financial modeling compared to competitors
- Lacks industry-specific templates
5. Cuttles
Best for: Startups needing a simple tool.
Cuttles offers a clean interface and interactive planning tools, making it a great choice for early-stage startups. It simplifies the business planning process but lacks advanced financial and reporting features.
Pros:
- User-friendly, startup-focused design
- Interactive planning guides
Cons:
- No AI assistance
- Limited financial modeling and performance tracking
Honorable Mentions
- IdeaBuddy – Great for brainstorming and early-stage planning but lacks financial depth.
- Enloop – Provides real-time business plan scoring but lacks customization options.
Conclusion
Modeliks stands out as the best business planning software for those who need advanced financial planning and AI-driven business plan creation . While LivePlan remains a strong contender for traditional business plans, alternatives like Upmetrics, Bizplan, and Cuttles cater to specific needs. Choose the tool that best aligns with your business goals to create a compelling and actionable business plan.
