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I can also share my plan with potential investors and feel confident that it is both organized and professional.Cons: I would like if the software would integrate with my accounting software, that way I can see in realtime how my cash flow is cooresponding with my company goals.
Further if you dont use Xero or QBooks, there is no option to import from a spreadsheet - so again you need a data entry person to manually enter actual data unless you want to spend ages doing it yourself...
Pros: Live Plan is extremely easy to use and straightforward. Every aspect of a business plan can easily be addressed and completed with help from the software itself.
Everything has an explanation from profit and loss projections to real time profit and loss and that's just one feature.
Once you have put in the basics of revenue streams and costs its very easy to play "what if" type questions and see the impact on your forecast.
You can get into enormous detail if you want or build this up over time as you develop your thought process.