Enloop Alternatives

Enloop has been a go-to business planning software for many entrepreneurs, offering an automated way to create business plans with a focus on performance scoring. However, it might not meet the specific needs of every business. Fortunately, there are other Enloop alternatives that provide a broader range of features suited for different industries and business types.

Business planning software is essential for turning ideas into actionable plans in hours. These tools help streamline the process of creating polished, investor-ready plans, automate financial forecasting, and provide insights for tracking performance and making confident decisions. Whether you’re a startup or an established business, using business planning software ensures your plans are well-aligned with market standards.

Why Consider Enloop Alternatives?

While Enloop offers basic performance scoring and automated planning, it does come with some limitations:

• Basic Financial Planning : Enloop’s financial planning is basic and lacks depth, making it challenging to build complex financial models for various industries. This can be problematic if you need more accurate forecasting or a plan tailored to your specific business needs.
• Limited Performance Tracking : While Enloop offers real-time performance scoring, it lacks customizable dashboards, specific KPIs, and reporting features that would be essential for tracking and reporting performance over time.
• No Industry-Specific Financial Models : Enloop’s templates are general and may not be suitable for businesses that require more specialized financial models or industry-specific features.

Bottom line : If you’re looking for a tool with stronger financial planning, advanced tracking features, and industry-specific financial models, then it’s time to explore Enloop alternatives.

Enloop Business Planning Alternatives and Solutions

Here are the top alternatives to Enloop and why they might be better choice:

1. Modeliks : Offers superior financial modelling, AI-powered business planning, industry-specific financial models, and custom investor reports.
2. Upmetrics : Features AI-powered assistance throughout the planning process, including financial planning, pitch deck creation, and market research, making business planning faster and easier.
3. Bizplan : Known for its step-by-step plan builder and crowdfunding platform integrations, Bizplan is great if you’re looking to raise funds for your business.
4. Cuttles : Focused on startups, Cuttles simplifies the business planning process with a user-friendly interface and basic financial planning tools.
5. IdeaBuddy : A business model canvas tool designed to help you quickly map out your business idea and validate its potential.
6. LivePlan : A widely-used alternative that provides investor-ready business plans and financial forecasting, but with some limitations in terms of customization and flexibility.

Detailed Assessment of Each Business Planning Alternative

Below is a detailed assessment of each Enloop alternative. I used the following criteria for evaluating of each alternative: ease of use, quality of business plan output, financial planning capabilities, performance tracking features, integrations, investor reporting capabilities and pricing. Detailed explanation of each criteria is shown in the table below.

1. Modeliks – Overall Best Solution

Positives :

• Ease of Use : Interactive AI-driven business planning that provides suggestions and writes your plan in a polished, professional format in under an hour.
• Financial Planning : Modeliks offers driver-based financial modelling that enables more accurate, logical, and investor-ready financial plans. It’s tailored to the unique needs of each business.
• Industry-Specific Financial Model Templates : Offers financial models that capture the operational logic of your business, making it easier to create accurate and relevant financial plans.
• Tracking and Reporting : Customizable dashboards, KPIs, and investor reporting features, allowing for more detailed tracking than Enloop’s generic system.

Negatives :

• Short learning curve due to powerful financial planning features.
• Accounting system integrations not yet available in Modeliks at the time of writing this article. (coming soon in Q1 2025).

2. Upmetrics

Positives:

• AI-powered Planning : Upmetrics integrates AI throughout the planning process, helping with everything from business plan creation to financial forecasting.
• Ease of Use : Intuitive interface that is easy for beginners and more experienced users alike.
• Templates and Design : With over 600 templates, Upmetrics provides flexibility for various business types.

Negatives:

• Financial Planning : While it has solid tools, Upmetrics’ financial planning capabilities are not as deep as Modeliks or LivePlan.
• Limited Tracking and Reporting : Performance tracking and investor reporting are not as robust as other options, like Modeliks.

3. Bizplan

Positives:

• Crowdfunding Integration : Bizplan’s integration with crowdfunding platforms makes it an ideal choice for those aiming to raise funds online.
• Ease of Use : The drag-and-drop interface is simple to use and enjoyable.
• Quality of Output : Bizplan creates professional, polished plans that are investor-friendly.

Negatives:

• No AI Assistance : Unlike Enloop, Bizplan does not provide AI assistance, which means more time spent on manual input.
• Limited Financial Tools : Financial modeling capabilities are basic, lacking industry-specific templates and advanced performance tracking.

4. Cuttles

Positives:

• Startup-Centric : Designed with startups in mind, Cuttles simplifies the planning process with easy-to-use tools.
• User-Friendly : Modern, clean interface makes it easy to navigate.

Negatives:

• Financial Planning : Cuttles offers limited financial planning capabilities, making it less suited for businesses with complex financial needs.
• No Reporting Features : Lacks the in-depth reporting and performance tracking features that businesses may need.

5. IdeaBuddy

Positives:

• Business Model Canvas : Quickly map out your business idea and assess its viability with a one-page business model canvas.
• Collaboration Tools : A built-in whiteboard feature for brainstorming with team members.
• Idea Validation : A tool to help validate your business idea and ensure its potential success.

Negatives:

• Limited Financial Planning : Does not offer advanced financial planning tools, making it less suitable for more established businesses or those with complex needs.
• Limited to Smaller Projects : Best suited for small-scale or creative projects, rather than larger or more established businesses.

6. LivePlan

Positives:

• Business Plan Templates : LivePlan offers various templates for creating professional business plans.
• Investor Pitch Decks : LivePlan creates simple investor-ready pitch decks that highlight key business information.

Negatives:

• Financial Planning : While useful for basic financial plans, it doesn’t offer advanced financial modeling or industry-specific templates like Modeliks.
• Limited Performance Tracking : Predefined financial dashboards don’t allow for the custom tracking of KPIs, which is crucial for tracking business performance.

Conclusion

While Enloop remains a popular option for business planning, its limitations in financial planning, performance tracking, and customization make it less suitable for businesses that need more advanced features. Modeliks stands out with its AI-driven approach , financial planning depth , and investor reporting features. Upmetrics, Bizplan, and Cuttles offer solutions that are affordable and user-friendly, while IdeaBuddy excels at quickly validating business ideas.

The best choice for your business depends on your specific needs, budget, and planning goals. Exploring these alternatives will help you find the right tool to build a more effective and tailored business plan.