Top 8 IdeaBuddy Alternatives & Competitors in 2023
So seeking IdeaBuddy alternatives, huh? Right thing.
You know, what happens when you choose the wrong business plan software?
Well, nothing specific—but you end up with a crappy business plan that is of no use considering your requirements.
That’s called an absolute nightmare! (worse than seeing zombies in sleep)
No doubt, IdeaBuddy is an incredible business plan software, but this may not be the right choice for businesses of all kinds.
Let’s save you some time and review some of the best IdeaBuddy alternatives to help you find the most suitable one for your business.
Let’s dig in to understand why these options are worth considering.
Why Consider Alternatives to IdeaBuddy?
Agree that IdeaBuddy is an innovative business planning solution for new-age entrepreneurs, but here are some of its drawbacks that may force you to reconsider:
In this article, we’ll review the top 8 Ideabuddy alternatives, pricing, and features, so you won’t have to spend hours researching.
Sounds good? Let’s dive right in.
What are the Best IdeaBuddy Alternatives?
JUMP TO SECTION
With competitive pricing, an advanced feature line, and a seamless & user-friendly user interface—Upmetrics is the best IdeaBuddy alternative to help you create a winning business plan.
It is specifically designed for startups and small businesses. Hence, everything about Upmetrics suits new-age entrepreneurs, be it user-friendliness, pricing, or financial projection features.
Here are the key features that make Upmetrics a better choice than IdeaBuddy:
|Business plan templates|
|One-page pitch builder|
|Business plan course|
|Business plan version control|
|Pinboard to organize ideas|
|Discounted price for students and nonprofits|
Billed annually (Save up to 25%)
Check out this table for a detailed comparison of Upmetrics and IdeaBuddy:
Here’s a list of other incredible features of Upmetrics you may like to consider:
LivePlan is one of the best business planning, budgeting, and performance-tracking software for startups and small business owners.
This IdeaBuddy alternative simplifies the process of creating a professional business plan with its instruction manuals, tutorials, and expert guidance, whereas its automated financials built-in with formulas ensure precise financial forecasting.
However, Liveplan may not be suitable for flexible financial forecasting, so you may consider other Liveplan alternatives.
Some of Liveplan’s key features may include:
LivePlan Compared to IdeaBuddy
Feature and functionality wise LivePlan is a better business plan tool compared to IdeaBuddy. Whether you are a startup or a well-established organization, LivePlan has features for businesses of all kinds.
While Liveplan is the overall better choice, you may consider choosing IdeaBuddy if you need help with business idea creation and validation—it’s simply best at it.
Price: LivePlan’s standard plan costs $20/month for one user. They do not have any free trial or demo plan as part of their pricing plan.
Enloop is an online business planning and financial forecasting software helping entrepreneurs maximize their potential business growth.
Compared to IdeaBuddy, this alternative offers many additional financial forecasting features once you figure out its basic functionalities.
The tool is specifically designed for individuals with prior financial experience, so there could be a significant learning curve to get started.
Some of Enloop’s key features may include:
Enloop Compared to IdeaBuddy
Enloop is best known for its automated text writing and financial forecasting capabilities. If these features are a crucial part of your business plan software checklist—Enloop is the way to go.
Although it offers many additional features, it’s not as intuitive or user-friendly as business plan software compared to IdeaBuddy.
If you are not a first-time entrepreneur and focus on functionalities more than the UI, this is the IdeaBuddy alternative you need.
Price: Enloop’s detailed plan starts at $19.95 per month, which includes three business plans, a ratio analysis, and detailed financials. A 7-day free trial is also available.
Bizplan is another business planning tool like IdeaBuddy that helps startups, and business owners write winning business plans.
Its financial tools for detailed financial projections, fundraising tools to help startups connect with investors, and direct access to business planning experts make Bizplan a viable alternative to IdeaBuddy.
Some of Bizplan’s key features may include:
Bizplan Compared to IdeaBuddy
Bizplan is best known for its all-around business solutions.
Apart from business and financial planning, they also provide direct access to planning experts or mentors and a fundraising tool that has helped startups raise over $500 million.
Overall, it’s a better tool compared to IdeaBuddy, but if you are a first-time entrepreneur with a business in the idea stage—you may prefer IdeaBuddy over Bizplan.
Price: Bizplan’s monthly subscription starts at $29, which is relatively higher than IdeaBuddy. They also have a lifetime plan costing $349.
PlanGuru is one of the top business planning software helping medium and large-scale enterprises accomplish their business goals through strategic business planning and accurate forecasting.
PlanGuru is best known for its crucial features, including budgeting & financial analytics, rolling forecasts, and strategic planning.
If you are a large-sized enterprise looking for a feature-rich business planning tool for detailed financial forecasting and strategic planning—PlanGuru is a no-brainer.
Here’s an extended list of PlanGuru’s key features:
PlanGuru Compared to IdeaBuddy
As mentioned before, PlanGuru is specifically designed for medium and large-scale enterprises. This software specializes in forecasting financial statements, scenario analysis, budgeting, and gaining insights through reporting tools.
Considering financial features, PlanGuru is way ahead of Ideabuddy. However, it doesn’t offer a business plan builder or step-by-step instructions for creating business plans—it focuses only on financial planning features.
Pricing: PlanGuru’s monthly subscription starts at $99, which is the highest for any business plan software on our list.
Planbuildr is a business plan tool helping startups and small business owners create business plans that help raise capital, improve strategies, and successfully grow their businesses.
They provide business plan templates and writing services to assist users in outlining their strategies, defining their target market, analyzing financial projections, and developing comprehensive plans.
Planbuildr thrives on simplifying the business plan creation process through step-by-step guidance. If you are a first-time founder seeking help writing a business plan—this tool is worth consideration.
Some of PlanBuildr’s key features may include:
PlanBuildr Compared to IdeaBuddy
PlanBuildr is considered an easy-to-use business plan tool developed by leading business plan experts.
Its automated financial calculations, industry-wide experience, and expert customer support team make it an excellent IdeaBuddy alternative.
However, considering the platform’s user interface and beginner-friendliness, IdeaBuddy seems a better option for rookie entrepreneurs and those who care more about UI.
Price: PlanBuildr’s monthly subscription starts at $7.99 when billed annually, whereas their business plan writing services cost $3,500.
GoSmallBiz is a platform designed to help entrepreneurs and small business owners succeed in their entrepreneurial journey.
This platform provides entrepreneurs with business planning tools, marketing & sales support, and consultation for business registration or incorporation.
Since we are discussing IdeaBuddy competitors—we’ll only discuss GoSmallBiz’s business planning tool.
Here’s an extended list of the key features that GoSmallBiz may provide:
GoSmallBiz Compared to IdeaBuddyGoSmallBiz and IdeaBuddy are incredibly helpful business planning tools to help entrepreneurs create comprehensive plans. However, users may find one better than the other, considering their requirements and personal preferences. With comprehensive resources, a template-based approach, expert support, and other value-added services GoSmallBiz can be an excellent alternative to Ideabuddy. Price: GoSmallBiz’s business plan software costs $15/month. They do not have any free trial or demo plan as part of their pricing plan.
iPlanner is yet another business plan software that has been helping businesses develop their business plans for over a decade now.
It’s a business planning software with basic planning and forecasting functionalities—designed specifically for small-scale startups.
If you are searching for an affordable business planning solution with KPIs, analytics, and reporting features—iPlanner is the way to go.
Some of iPlanner’s key features may include:
iPlanner Compared to IdeaBuddyiPlanner is best known for its business planning features, whereas IdeaBuddy is known for its ease of use and beginner-friendly interface. They both have different primary features, so the choice heavily depends on what you (the user) need. However, there is a drawback. Compared to Enloop, iPlanner has an outdated user interface, as it hasn’t been updated for a long time. It also doesn’t have much to offer in terms of customization with its basic templates, no automated formulas, and no financial tables designed to enter summarized data. Pricing: iPlanner’s professional subscription starts at $24 for three months with one project. They do not have any free trial or demo plan as part of their pricing plan. And the last alternative from our list leads us to the conclusion!
IdeaBuddy is undoubtedly a great business planning tool, but it lacks some advanced functionalities like financial forecasting and pitch deck creation. That’s where a tool with detailed functionalities like Upmetrics can help.
Investing time and resources in the wrong tool is frustrating before
understanding if it’s the right fit. So, we made the case different with Upmetrics.
Try Upmetrics and get your money back within 15 days if you don’t find it the right fit. Happy business planning!
Frequently Asked Questions
Yes, IdeaBuddy has a free plan, but it has minimal features and functionalities, which may not be enough to draft a business plan. Instead, you can use a business plan app like Upmetrics at an affordable price and take advantage of its advanced functionalities.
Here are some of the best budget-friendly IdeaBuddy alternatives:
- The Business
- Plan Shop
IdeaBuddy offers 3 subscription plans at various price tags:
- Dreamer: $15 per month for 1 idea and collaborator
- Founder: $25 per month for 3 ideas and collaborators
- Team Pro: $40 per month for 10 ideas and collaborators
They also have a free plan to help entrepreneurs get to know IdeaBuddy and choose the plan later.
Upmetrics is much cheaper than Ideabudy and offers some advanced features like pitch deck builder, canvas modeling, and financial forecasting tool. The pricing starts at $7 per month, while the cheapest plan of IdeaBuddy starts from $15.
Considering feature offerings, support, and pricing plans, Upmetrics is a better business planning tool than IdeaBuddy. Upmetrics’ starter plan provides access to many advanced features like 200+ business plan templates, financial forecasting tools, and pitch deck creator, which may not be the case with IdeaBuddy.