LivePlan turns a business plan into an actionable business management tool that helps entrepreneurs grow their businesses faster and answers the question, “How's my business doing?”
If you’re not looking at your financials every day then you’re not looking at your business every day. For the first time, small business owners can use a single tool to build an intelligent budget and forecast, and then automatically bring in your actual financial results. The Scoreboard allows businesses to identify inaccurate assumptions and unrealistic forecasts right away, so you can adjust your plan and stay on course, rather than just winging it and hoping for the best.
Creating a budget and a sales forecast for your business is a critical first step towards business success. LivePlan’s Scoreboard feature brings those budgets to life and lets you know how you’re doing by comparing your budget to your actual results. You can even easily see how you’re doing compared to last month or the same time last year, and create a simple process to check in and see how healthy your business is, everyday.
“LivePlan helped me easily see - for the first time - my financial growth month-over-month and year-over-year - without having to sort through complicated reports and spreadsheets. Thanks to my accountant’s advice, I’m growing my restaurant faster and more strategically!”
“The Scoreboard has been crucial for helping me and our investors quickly understand the state of our company and having the ability to drill down into the details when needed.”
With LivePlan, you can see at-a-glance how you compare to companies just like yours. Tell us your industry and location, and we’ll tell you if you’re doing better or worse than your competition and how you can improve. These kinds of insights are critical to growing your business.
The Scoreboard empowers you to quickly and easily maximize profit centers within your business; identify and correct loss centers; and adjust payables and receivables (e.g., payment schedules, contract terms) in order to improve your business’ overall financial performance.
Comparing your sales and expenses to your plan, last month’s performance, and last year’s data is a time consuming and frustrating process with QuickBooks. LivePlan’s Scoreboard makes it simple: If your QuickBooks data is up-to-date, the Scoreboard generates the reports you want to see with a single click. You can even see historical cash flow reports to help predict when cash is going to be tight in the future.
If your company uses QuickBooks Online (QBO), QuickBooks for Windows, or Xero, you probably know what a hassle it is to get at that valuable data. It’s locked up on someone’s computer and hard to access from elsewhere. With LivePlan, you can bring your QuickBooks or Xero data automatically into the Scoreboard and see how your business is doing from any computer with Internet access.