The LivePlan Blog

A key part of your monthly financial review meeting is taking a look at your balance sheet—and it will only take you a few minutes.

A great place to start your financial review meeting is with your income statement, also known as your profit and loss statement (P&L).

We added the full profit and loss statement to the LivePlan Dashboard. You can now review your P&L compared to your forecast, the previous period, and the previous year—all on one page.

Your expense budget is one of the keys to good business management. Here’s a detailed guide on how to build an expense budget—including what not to do.

If your business is going to have employees, you need to create a personnel plan and forecast as part of your business plan. Here’s how to do it.

LivePlan has some new updates: You can now copy forecast items, add links to your business plan text, and manage GDPR compliance. Here are the details on what’s new this month.

We’re excited to announce that we’ve added a “print to PDF” feature to the LivePlan pitch. You can now easily download a PDF of your pitch in seconds and print it or share it via email—or any other way you’d like to distribute copies for review and feedback.

Industry benchmarks are a great tool to measure your company’s performance against similar businesses, but they can also be used by startups to help with forecasting and budgeting, and ultimately, to help drive business growth. Here’s how to use them effectively.

You most likely take a deep look at your business numbers once every three months—but reviewing your key numbers only once a quarter can limit your opportunities. However, there’s a simple solution you can use to improve your company, making it more nimble and agile than your competition.

Cash is the lifeblood of every business—and understanding your cash flow statement will keep your business alive. Here’s how to make sense of your cash flow statement (and how a cash flow statement differs from a cash flow forecast).