Validate Your Business Idea With Confidence
This first step is crucial. By outlining the core problems that your business is solving, you'll get a deeper understanding of who your potential customer is and what they want. The LivePlan Pitch Builder simplifies this process with step–by–step instructions and stunning visuals.
Don’t worry: you won’t have to touch a single spreadsheet. LivePlan guides you on how to prepare a financial forecast even if you don't have any historical data to base your projections on. That way, you'll get an idea of what it will take for your business to turn a profit.
Time for the moment of truth. By using the LivePlan Benchmarks tool, you can dig up data on your competitors' profit margins or how much they spend on rent, marketing and other metrics. This makes it easier for you to determine how likely your idea is to succeed.