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I bought the business plan (since they had great reviews and looked professional) when I decided to buy it they offered the market research, and even though I've done market research myself before, I wanted to get a better professional market research done.
The business plan had good insight and comments for you to really make a professional business plan. The example was not the best but the comments were helpful.
The Market research on the other hand was a Terrible mistake!!!!
I was very clear that the business would be located overseas and I wanted to be sure that they would be able to deliver a market research for a hotel in France. When I filled all the questions they had for the research they didn't say the company did not know or didn't have access to that information.
The market research I received was terrible!! The figures were incomplete, they did not do any comp set even though I gave them 2 properties and asked if they could find 2 more. The numbers did not have any context or from what year they had been pulled. ALL of the sources were public domain (Apparently part of the service is having access paid statistics and numbers)
It was a simple google search in a Word document.
As far as the business plan spreadsheet, it had several mistakes (in the calculations)
And for a business plan for a hotel it didn't allow for revenue that was not Room Revenue.
No Food and Beverage and no other lines to be able to add in the assumptions tab.
Customer service was very poor, I complained about the spreadsheet having issues and not having all the revenue categories and I did get a response in less than 24 hours, but after that it was radio silence.
As far as the market research, I sent an email to the lady that sent it to me asking for more detailed information and I never got a response. Completely unprofessional.
I sent an email to customer service to unsubscribe from the monthly service that they offer and I gave her my feedback about the market research and the spreadsheet part of the business plan. The response was:
(This was copied and pasted from an email) "We appreciate your feedback and noted this."
I've worked in customer service for over a decade now, and I really try to be understanding and patient, but I was shocked that their response was a quick thanks for the feedback and we took note of this!
Let me clarify that I didn't write the feedback as a way to get my money back or anything like that. I wanted the product that they had advertised and I had already purchased. But no solution was offered. Review collected by and hosted on G2.com.
The business plan template (the word document) Review collected by and hosted on G2.com.
18 out of 19 Total Reviews for Growthink
Overall Review Sentiment for Growthink
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Writing our company's business plan and not just the exec summary or one pager - the entire plan front to back. Review collected by and hosted on G2.com.
Unlike other templates which are as "easy as making pie" I found this to be much higher quality in terms of content and structure so I don't actually have to figure out how to make pie I can just enjoy eating it. The examples of what was important to focus on for financials helped me save time and potential mistep of going down a wrong path. Review collected by and hosted on G2.com.
Being a wife, mother of 5, and CEO of my own data technology company; my time is valuable. In addition to time, it is just as critical to have a great business plan before starting any business. I am launching my 3rd data technology company, and the amount of work that goes into Market Research, Competitive Research, Financial Anaylsis, and Customer Analysis would normally take months and hours of my time.
I feel I've found a lifeline with Growthink. I'm beyond excited and truly appreciative, for the amount of work, time, and support taken to support entreprenuers of every industry.
I want to thank every member involved with Growthink, for putting me 5 steps closer to success, with this support. Look out world, here I come, and now with my team from Growthink! Review collected by and hosted on G2.com.
The amount of professional research available, by professionals, to support my business plan gives me a solid foundation to build my business. It means more than you'll ever know. Review collected by and hosted on G2.com.
This form has made creating a business plan really easy! I had done the market research and this form allowed me to fill in the blanks and get it done quickly! Review collected by and hosted on G2.com.
How easy they make it to complete the forms. Review collected by and hosted on G2.com.
This was the most comprehensive marketing plan template I've ever used. I was able to create our plan within a few hours. Fantastic and would recommend. Review collected by and hosted on G2.com.
Easy to use and extremely comprehensive. Review collected by and hosted on G2.com.
the company helped me with getting things together for funding Review collected by and hosted on G2.com.
The short presentation was to the point. The animation helped a lot Review collected by and hosted on G2.com.
