Is It A Good Planning Software?
Starting a new business but aren’t sure how to tackle writing a business plan? Wondering which is the best business planning software for your needs and style? As a popular cloud-based solution, Stratpad is worth consideration.
In this StratPad review, we’ll go over some pros and cons, features, pricing, customer feedback and more to really get a good idea. In mere minutes, you’ll know if StratPad is right for you, or whether you should continue examining other options. Enjoy!
Automated: StratPad automatically generates charts, graphs, appendices, etc. for you based on the info you provide. You can also sync with QuickBooks to make data entry easier. If you’re like many entrepreneurs who hate this part of the business planning process, it’s nice to know it’s taken care of.
Trackable: Track your progress against your goals with helpful visuals from StratPad. Integrate with accounting software to make this process easier and more accurate.
Professional: Create gorgeous financial statements in minutes – fill in the numbers and let their software do the rest. Your financials will look professional and ready to present to investors, lenders, VCs, potential partners, and your team.
User-friendly: Their approach is an intuitive step-by-step process with detailed explanations and instructional videos at every turn. Plus, StratPad is cloud-based, making it super-easy to access wherever you are.
Free: The free version is a great way to get a sense of whether you like their services, and ultimately, it’ll allow you to build a basic business plan.
If you’re already familiar with how to write a business plan, you might find all their step-by-step assistance and tutorial videos excessive or overbearing.
If you’re planning on going for a paid plan, there are cheaper options out there. For instance, LivePlan’s rates start at $19.95 per month, while StratPad’s start at $29.99. (Check out LivePlan)
Other than the free-plan which isn’t mentioned on their pricing page, StratPad currently offers two packages: Business and Unlimited.
Each can be paid annually or monthly, but their annual rates are $10 cheaper per month. For example, the Business package costs $19.99/mo if paid annually or $29.99/mo if paid monthly. See below:
Both packages include step-by-step instructional videos, secure 5-level data protection, automated charts for tracking results, the ability to print, email, and export reports, regular free updates and 24/7 access. The only real difference is that Unlimited allows you to create (you guessed it) unlimited plans, while Business limits you to 5.
Now let’s take a peek inside their business planning software:
Pretty clean and straightforward. It’s not the sleekest data-presentation out there, but once you understand the information architecture, it’s easy enough to navigate. Take a look at their progress tracking page:
Bold visuals, legible font, and not too much data at once. We think StratPad’s design is actually pretty on-point.
StratPad’s only customer reviews – outside of their own website – are about their iOS app. See the App Store rating breakdown below:
Overall a four star rating, but still they have their share of unhappy customers. The majority of their one-star reviews are from folks who felt jipped that the free version of the app isn’t super effective, and were forced to upgrade to get real value from it. That said, they’ve also got some super satisfied customer testimonials, like this one:
“I’m on company number three with this app! Two companies built and sold in one year because of being able to prove the system and organization are there. StratPad is ideal for organizing strategies and putting the big picture down on paper. Both of the buyers commented on the business plan and stated the structure was laid out so nicely that they did not need to read into business where deals can be lost. Thanks worth every penny in my experience. May not be right for everybody but works for me!“
StratPad is a bit different from other business planning software. Rather than being an all-in-one toolkit, it’s intended to be a “pad” where you “strategize”. Point being, StratPad’s education-focused approach simply isn’t for everyone.
To get a better idea of how they fit into the business plan software category, let’s compare it to two other options.
At the end of the day, LivePlan is definitely our top choice but each of these providers has unique and valuable solutions. It just depends on what data-style you prefer and ultimately what you need to get your business off the ground.
400,000+ Businesses Planned So Far
Anyone wanting a full featured business plan software that walks you through the entire process
Free – $49.99/month
100,000+ Businesses Planned So Far
Anyone wanting a simple software with the ideal features to just get your thoughts organized
Yes. Keep in mind their system is geared toward education, not simply plugging in factoids and printing out documents. If you don’t understand what you’re signing up for, you might end up feeling a little disoriented.
At the time this review is being written, their detailed refund-policy page is down. But they sum it up as follows: “If you’re ever unhappy with StratPad, for any reason, just drop us an email at [email protected] and we’ll look after you.”
They’re available Monday through Friday from 8 a.m. to 6 p.m. to answer any of your questions via email or phone.
No, but we recommend treating the free version like a trial. It’s great for getting a sense of their services, but not sustainable for long-term use.
If you choose to use StratPad business plan software, due to its design, you’ll likely spend more time thinking, tinkering and curating than inputting plans. However, it’s an exceedingly helpful tool used by over 100,000 entrepreneurs and offers a nice free-plan.
To get started with StratPad today or check out your other options, use the links below. Cheers!Visit StratPad Or Visit Other Options