Chances are there was a time when you had a fantastic business idea, but you gave up along the way because you lacked direction, or the path toward starting a business was unlit, intimidating, and difficult to navigate.
Maybe there was no friend or mentor who could give you advice and guide you through the entire process of planning a business.
That’s where IdeaBuddy comes in: to take you through all the stages from the initial spark until the moment you open the doors of your future business.
Read on to see what this innovative planning app has to offer and how it can help you achieve your dreams.
Make a business model in under an hour
In the initial stage, where the idea is still budding, many people daydream that their idea will be the next unicorn and imagine themselves as the new Elon. But this is the time to be realistic and practical. What you need at that stage is a tool to help you structure your thoughts and deconstruct your idea. With such a tool, you can pierce through any brain fog and easily transform that spark into a winning business model.
Idea Plan is a business canvas where you can sketch out all the elements of your business on a single page. It’s made up of 14 blocks that represent a map of your future business, including the internal and external factors that can make or break your future business. As you post notes and cover all the blocks, your business model practically builds itself.
Step-by-step guide for planning your business
If you’ve already structured your idea but you want to dive into details, you’re ready to develop your idea through Story Mode, which is a step-by-step guide that takes you through the five stages of the business planning process.
It will help you to:
- Design your business concept
- Research and analyze your market
- Define what’s required to set up your business
- Project your business performance
- Validate the idea and get a final score
With this tool, it’s fun and easy to learn how to create your marketing and sales strategy, define your target customers, compare yourself with the competition, estimate your market potential, and plan all the other elements of your future business before you decide to take the plunge.
Automated financial projections for your startup
An integral part of any business planning process is financial planning. This means forecasting your performance and making projections of your revenues and costs and all other financial KPIs. If you’re not financially savvy, IdeaBuddy jumps in with automated calculations, which will help you outline your startup expenses, loan payments, profit margin, cash flow, and many other important business metrics.
Get yourself an impressive business plan
And as if all of the above were not enough, IdeaBuddy also has a very cool feature to save you time on creating your business plan. After you’re done with developing your business idea, everything that you’ve entered in Story Mode will be automatically synced into the Startup Plan, a modern business plan for startups that you can show to your friends or potential investors.
No matter what stage you’re at with your business idea, IdeaBuddy has something to help you make your entrepreneurial dreams a reality.
If you’ve decided to start your own business and this app sounds like just the buddy you need to help you navigate that path, the good news is that they offer a 15-day free trial, where you can try its innovative tools out before you decide to pay for a subscription.
Start building your business today!