Growthink
Helping executives and entrepreneurs grow their businesses
Best for: Entrepreneurs, startups, and small to medium-sized businesses.
Pricing: Custom
Top Features & Services
- 4.3 Business Plan Templates
- 4.5 Business Planning
- 4.3 Budgeting & Forecasting
- 0 Collaboration
- 4.4 Support
Other Users Choose
- 4.8 Business Plan Templates
- 4.6 Business Planning
- 4.7 Budgeting & Forecasting
- 4.5 Collaboration
- 4.4 Support
Overview
Growthink is a management and business plan consulting firm that has been helping entrepreneurs and executives plan, execute, and achieve transformative success since 1999.
It has been considered one of America’s best management consulting firms by Forbes magazine and Statista.
Their extensive service list includes business plan consulting, business plan writing, investment banking, management consulting, capital raising, industry research, competitor analysis, and more.
Among its extensive services, Growthink is best known for its business plan template and business planning-related services.
Growthink’s business plan template is a quick and easy way to create a winning business plan. The best part about this business plan template is its simple fill-in-the-blank process, automatic financials, expert answers, 10 gorgeous designs, and lifetime access.
Overall, Growthink, with its services, can surely be an incredible companion for executives and entrepreneurs to help them grow their businesses. Still, their fees and pricing structure may not be affordable for all.
Hence, choosing a best business plan software would be a wise decision. Anyways, Let’s move ahead and discuss its ratings and reviews.
Top-Rated Growthink Alternatives
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Growthink Reviews
Positive
- The amount of professional research available to support a business plan gives a solid foundation to build entrepreneurs' businesses.
- Once you purchase Growthink’s business plan template, you have lifetime access to use it for any business.
- There’s no software, so no learning curve. Simply download the template, personalize it, and print your plan.
- Their member’s area includes sample business plans and resources to help grow your business.
- Purchase is risk-free as Growthink provides a 365-day 100% money-back guarantee.
- Simply type in some number, and the template automatically calculates your 5-year financial projection.
- This business plan template subscription includes free access to “Insider Secrets to Raising Capital” and “Productivity Secrets”.
Negative
- Growthink’s business plan template might not ideally represent the unique value proposition of your business due to its restrictive customization options.
- They only offer a lifetime subscription model, so not every entrepreneur may consider using this service.
- The template has not been updated regularly, so it may contain outdated information and no longer relevant strategies.
- It can be challenging to have a business plan written by someone who doesn't understand your business completely.
- This generic template may not include comprehensive and latest market research data.
- This template may offer a structured business-planning outline but lacks sufficient guidance and educational resources.
- Opting for their business plan writing or consulting services can be way too expensive for startups and small business owners.
Growthink Pricing
Growthink does not have structured pricing plans for the extensive range of services they provide. So, entrepreneurs often need help figuring out how much they can expect to spend if considering hiring Growthink as their business consulting or writing service provider.
So let’s take a look at Growthink, their business planning products & services, and how much you can expect to spend on these:
Business Plan Template: Growthink’s ultimate business plan template costs $97, which includes an easy-to-use business plan template with automatic financials, 10 design options, lifetime access, and other relevant features.
As this template comes with lifetime access, you can use it for any business you’re involved in.
Business Plan Consulting: Growthink has been providing business plan consulting services for a few decades now. Depending on your needs, these consultants can help you conduct market research, create a strategic plan, and prepare a business plan.
Though they do not provide any pricing plan, consultants usually charge somewhere between $50 to $300 per hour, depending on their expertise and the complexity of your plan.
You can book a free consultation call and learn more about their consulting services and fee structure.
Business Plan Writing: Growthink provides business plan writing services to entrepreneurs, mid-large-sized organizations, and nonprofit organizations. Professional business plan writers usually charge between $2,000 to $25,000 depending on your business plan’s quality, complexity, and length.
Price Comparison
Having discussed Growthink’s pricing recently, we can say it may not be the right fit for new entrepreneurs and small business owners starting out on a tight budget.
The cost of hiring a business plan consultant or writer can add up to hundreds and thousands of dollars, which certainly isn’t ideal for an early-stage startup.
Instead, choosing business planning tools like Upmetrics could be an affordable, reliable, and beginner-friendly growthink alternative.
See how cost-effective Upmetrics can be compared to Growthink.
Business plan consulting
Custom (Appx. $50 to $300 per hr.)
Business plan template
$97 (Lifetime Access)
Money-back guarantee
Yes
Free Demo
No
Starter
$7/per month
Premium
$14/per month
Money-back guarantee
Yes
Free Demo
No
Features & Services
1. Business Plan Template
With Growthink’s business plan template, users can easily create professional business plans and turn their ideas into reality. This template comes with lifetime access and doesn’t require any recurring fees.
Here are a few key highlights of Growthink’s ultimate business plan template:
- Simple fill-in-the-blank exercises to help you get started.
- Simply type in some numbers, and the template automatically calculates 5-year financial projections.
- Comes with 10 professionally-designed templates.
- No learning curve.
- 365-day money-back guarantee.
2. Business Plan Consulting
Business plan consulting is one of Growthink’s primary services. They have a team of consultants with world-class academic, entrepreneurial, and financial backgrounds.
As mentioned earlier, these consultants can help you conduct market research, create a strategic plan, and prepare or customize a business plan depending on your specific requirements.
3. Business Plan Writing
4. Industry Analysis
A complete market research or industry analysis can provide a direction about your company’s path. To help you start and grow your business, Growthink provides in-depth industry analysis, data, trends, market share, and forecasts.
An understanding of market conditions will ultimately contribute to the development of marketing and growth strategies.
Growthink’s market research capabilities span every major industry in the US, including Fashion, Entertainment, Automotive, Healthcare, Real Estate, and others.
5. Customer Research
Conclusion
Growthink is a great business planning and management consultant helping entrepreneurs and executives grow their businesses through service offerings.
With an expert team of business consultants and writers and their industry expertise, hiring Growthink for business plan writing or consulting makes the perfect sense.
However, its business plan template lacks many advanced business planning features compared to business plan software like Upmetrics.
Now that we have thoroughly reviewed Growthink, including their services, reviews, and pricing, deciding whether or not you need to go for it will be much easier for you.
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Frequently Asked Questions
What is Growthink used for?
Growthink is a business and management consulting firm helping entrepreneurs and executives grow their businesses through their service offerings. Their key offerings include business plan writing and consulting services, as well as their ultimate business plan template.
What are some good alternatives to Growthink?
Here’s the list of the top alternatives to Growthink:
- Upmetrics
- Pro Business Plans
- Optimus Business Plans
- OGSCapital
- Enloop
- Wise Business Plans
- GoSmallBiz
- Cayenne Consulting
- Other top business plan writing services
Is Growthink business plan software?
No, Growthink is not a business plan software but a business and management consulting service provider offering a business plan template, among other services.
As it’s not a business plan software, their services may seem too expensive compared to available business plan software in the market.
What is the pricing of the Growthink business plan template?
Growthink’s business plan template costs $97. This easy-to-use business plan template comes with automatic financials, 10 design options, lifetime access, a 365-day money-back guarantee, and other relevant features.
One of Growthink’s competitors, Upmetrics, offers a more affordable business planning solution than Growthink, which starts at just $7.
Does Growthink’s template provide financial projections?
Yes, Growthink’s template provides automatic financials that can automatically calculate your 5-year financial projections.