Strategic Advising Resource Library
Build and grow your advising skills.
Featured session – New LivePlan Features, New Training, and AMA with Our Team
Mentors and entrepreneur supporters, listen to our LivePlan experts for a dynamic, one-hour Q&A session. Get the inside scoop on new LivePlan features, discover best practices for mentoring/educating, and hear your peers' burning questions answered directly.
What we cover:
- New LivePlan Features: Get a comprehensive overview and learn how to implement them.
- Review Updated Training Materials: We’ll showcase the newest on-boarding and deep-dive training materials, and ask for your feedback on additional materials you’d like to see
- Real-World Use Cases: See LivePlan in action and explore practical applications
LivePlan Learning — Growth Planning
Introducing growth planning—a process to help you continuously plan, forecast, review, and refine your financial strategy to better manage your business. Whether it is a start-up or a business you have been running for years, growth planning is the answer to the frustrating, time-consuming, and inflexible task of putting together a traditional business plan.
Growth Planning Basics (Session 1)
Part 1 of this series showcases the starting points and basics of growth planning for any entrepreneur, at any stage of business.
Learn the growth planning process:
- Create a plan: Quickly size up the potential of your idea and set goals to make it work.
- Build your forecast: Develop an expense budget and financial projections to better understand where your business is now and where it is headed.
- Review the results: Compare your forecast against your actual sales and expenses each month to stay accountable and uncover new ideas.
- Refine your strategy: Adjust your business plan and forecast based on your learnings.
Skill level: Novice – Intermediate
Resources:
Growth Planning Applied (Session 2)
Part 2 of this series shifts to the application of the forecast to ongoing problem-solving, client cases, and the cyclic nature of growth planning.
Deeper-dive topics will include:
- Review & Compare Plan vs. Actuals: Add accounting data to a LivePlan forecast to track progress and adapt to change each month. Explore techniques to keep your entrepreneurs accountable over time and uncover new ideas.
- Build What-if Scenarios: Explore the real-life questions and problems that entrepreneurs face, and how LivePlan’s Forecast Scenarios can help you explore their options and set a path for their desired Growth Planning goals.
- Using Benchmarks: Discover the additional benefit of a forecast by comparing Plan vs. competitors, and uncover competitive advantages or areas for strategic improvement.
- Refine your strategy: Adjust your business plan and forecast based on your learnings.
Skill level: Intermediate – Advanced
Resources:
Financial forecasting
Learn how to use LivePlan’s extensive forecasting features to inform and guide your client’s business management and growth processes.