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SPECIFICTION
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BusinessPlanIQ vs PlanMagic

BusinessPlanIQ

businessplaniq.com

PlanMagic

planmagic.com

Side by side

FigureBusinessPlanIQPlanMagic
Price from299 ZAR/mo—
Free planYes—
Free trialYes—
Open source——
WebYes—
Windows—Yes
Plans published32
Spec score · Business Plan Software8.1 (#7)7.1 (#29)
Free trialThe homepage says all plans include a 14-day free trial.PlanMagic offers a free 10-day trial for selected financial models; the trial page says other financial models are not available as free trials.
PurposeBusinessPlanIQ creates business plans, proposals, financial projections, pitch decks, and company valuations with AI.PlanMagic Business packages business plan materials with financial projections for starting, expanding, or monitoring a business.

Plans

BusinessPlanIQ

  • FreeFree
  • Professional299 ZAR a month
  • Enterprise999 ZAR a month

BusinessPlanIQ pricing →

PlanMagic

  • PlanMagic Business$49, paid once
  • PlanMagic Business Advanced Edition$149, paid once

PlanMagic pricing →

In their own words

BusinessPlanIQ

BusinessPlanIQ is a web platform for creating business plans and related funding, financial, and presentation materials with AI. Its plan generator combines AI writing with market analysis and financial projections, and supports PDF or Word export. Separate tools create proposals, company profiles, and funding applications. Valuations can use DCF, asset-based, revenue-multiple, comparable-company, and weighted methods. Financial projections cover five years in ZAR and can include income statements, balance sheets, cash-flow forecasts, and break-even analysis. Users can generate pitch decks and one-page summaries from plan data and export them as PPTX or PDF. The platform also provides feasibility studies, SWOT and PESTLE analysis, Porter’s Five Forces, competitive landscape mapping, and industry benchmarks. South African templates align with SEDA, NYDA, IDC, and SEFA requirements and include a B-BBEE compliance scorecard. An investor data room supports document sharing, access tracking, and permissions. The Free plan is free; Professional is 299 ZAR a month and Enterprise is 999 ZAR a month. A 14-day trial is also listed.

Visit businessplaniq.com

PlanMagic

PlanMagic has no write-up on Specifiction yet; its figures are above.

Visit planmagic.com