TrustRadius Insights
IdeaBuddy is a planning tool that can help users of all kinds create detailed business models and plans quickly and easily. Users from all …
Starting at $90 per year
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What is IdeaBuddy?
IdeaBuddy is a user-friendly business planning and modeling software designed for entrepreneurs, startup owners, small business owners, product managers, consultants and accounting agencies. It aims to provide a comprehensive platform that allows users to develop financial projections and validate their...
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Dreamer
$90
Cloud
per year 1 idea / 1 collaborator
Founder
$150
Cloud
per year 3 ideas / 3 collaborators
Team
$270
Cloud
per year 30 ideas / 30 collaborators
Entry-level set up fee?
- No setup fee
For the latest information on pricing, visithttps://ideabuddy.com/pricing
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Starting price (does not include set up fee)
- $90 per year
Product Details
- About
- Tech Details
What is IdeaBuddy?
IdeaBuddy is a user-friendly business planning and modeling software designed for entrepreneurs, startup owners, small business owners, product managers, consultants and accounting agencies. It aims to provide a comprehensive platform that allows users to develop financial projections and validate their business ideas with industry-based guides and pre-built templates.
With IdeaBuddy's step-by-step guide and editable templates, users can create modern business plans from scratch or work collaboratively with others to build a single-page model. The software provides forecasting tools that allow the user to make flow projections and financial plans in order to better prepare them for potential outcomes of their ideas.
IdeaBuddy also offers an Idea Score feature where users can validate their proposed idea by seeking feedback from peers or investors. Businesses at any stage of growth will find value in IdeaBuddy's ability to accurately forecast performance, edit documents within the program itself, export these documents out as needed all while being able collaborate on developing new ideas with others inside the same application.
IdeaBuddy Video
IdeaBuddy - Work On Ideas While On The Go
IdeaBuddy Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | Apple iOS, Android |
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- Pros
- Cons
IdeaBuddy is a planning tool that can help users of all kinds create detailed business models and plans quickly and easily. Users from all backgrounds, such as startups, wannabe entrepreneurs, and students, can benefit from using IdeaBuddy. According to users, the product helps them solve the challenge of putting their business ideas on paper in a well-structured format.
IdeaBuddy provides relevant examples and instructional videos explaining the step-by-step features of the platform, allowing users to create a comprehensive plan for their idea, be it vague or well-fleshed-out. With IdeaBuddy's comprehensive planning tool for every aspect of a business, users can be confident in proposing to investors and have peace of mind in the direction they are heading. The product offers great tips along the way and well-coordinated onboarding to help users generate financial projections, costs, profits, and more. Additionally, users who enjoy compartmentalizing different tasks and having things laid out in an organized, easy-to-view, and navigate manner would find IdeaBuddy useful.
Intuitive User Interface: Reviewers have consistently praised IdeaBuddy's intuitive and user-friendly interface. Multiple users have stated that the software is easy to understand, with fast access to helpful information. Some reviewers appreciated the neat display of information on the screen, which guided them through every step of the business plan journey in a fun and simple way.
Financial Planning Tool: The financial planning tool was identified as one of IdeaBuddy's most useful features by multiple reviewers. Users appreciate its ability to allow extensive financial projections and adjustments by year. Some reviewers found it easy-to-use, with a straightforward process for creating detailed financials.
Useful Integration of Business Planning Aspects: Many reviewers have praised IdeaBuddy for integrating multiple aspects of business planning into one platform. According to some users, this software combines cutting-edge frameworks such as the business model canvas with essential business planning tools and financials effectively. This feature provides entrepreneurs with a comprehensive guide allowing them to create professional business plans easily.
Limited Features: Some users have expressed that IdeaBuddy has limited features in terms of design options, pricing tiers, and financial calculations linked to other parts of the idea. In addition, one user mentioned that they found it difficult to add sections due to a lack of better and deeper examples on each area. User Interface Issues: A few reviewers pointed out issues with the software's user interface such as bugs in the Business Plan Generator, confusion while navigating through the platform and difficulty following pre-determined paths. Plan Limitations: Some users stated that they faced challenges with IdeaBuddy's plan limitations. For instance, one entrepreneur artist mentioned that 3 ideas limit posed an issue for them as they would like to create more projects without having to delete existing ones or upgrade. Additionally, there is no ability to turn all input provided into a formal business plan which limits its usefulness in this regard.