Can I use LivePlan outside the U.S.? Follow

LivePlan is designed to create a business plan anywhere in the world. It contains a complete plan outline that you can use for any kind of business, and that outline can be further customized to reflect any local requirements you have. We offer a large selection of additional content you can add to your plan, and you can also create custom chapters, sections, and topics.

LivePlan operates in English, but there are ways to produce your plan in other languages.

It's easy to change the currency type in LivePlan to reflect your local currency. There's no need to do any conversion; you can simply type the amounts as they exist in your local currency.

It should be noted that the Benchmark data in LivePlan is U.S. data. We continue searching for sources of international benchmarks, but unfortunately haven't been able to find large enough data sets to be useful for our customers outside the U.S. But since the Benchmark data is used primarily as a means of verifying whether your forecast is in line with your industry, you can still use the data set for the entire U.S. as a general comparison. The Benchmark data does not populate your business plan, so it won't affect anything in your forecast.

The only other consideration for an entrepreneur outside the U.S. would be in representing taxes in the business plan. LivePlan represents sales and income taxes as flat percentages of your revenue. If you need to represent a more detailed scenario, such as the VAT, GST, or HST, we can help you create a simple representation in your LivePlan forecast - basically, a net result of your VAT/GST/HST payments and credits. This option will work well for most businesses. Just let us know if we can help you with this.

If you need a more detailed handling of tax payments and credits, we do have a Windows desktop product that is specifically designed for this. Business Plan Pro UK edition includes a detailed utility for the VAT/GST/HST that will help you to forecast tax input and output, payments and credits. 

If you have any other questions about how LivePlan will work for your locality, please feel free to contact us.

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