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5Min Business Plan app review: create a simple one-page business plan in five minutes

Reviews

Introduction

5Min Business Plan by Mission HQ Pty. Ltd. is an app that will help budding entrepreneurs to create a simple, one-page business plan. The app itself hold loads of information about the company, links to other apps from the company, and an option to look at other business plans created with the app. There are also videos available that will help you with your start-up and you can look at other examples of successful young companies. It might just be one of the top starting a business apps out there. 

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But the real question is, can you have this app write a business plan for you in such a short time? 

5Min Business Plan

Free

Creating a Business Plan in Five Minutes

I started out looking at this app critically, as I don’t believe that you can create a successful business plan in this short amount of time. I was right. What the app does is let you fill in a questionnaire that basically fills in the gaps on a template business plan. When the app spits out the plan at the end, your plan will be riddled with grammatical errors and the wrong choice of some words. This is due to the fact that the app simply doesn’t take into account what you are writing.  The only thing the app actually delivers on is the time it takes. I finished my mock plan within five minutes.

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Creating a Business Plan in Five Minutes image

Business Plan Delivery

When you have created a business plan, you can get it delivered to you in multiple ways. First of all, you can discard your plan for free, with an option to get access to it later on in the app’s database. Accessing this database at a later date will set you back $29.95, so make sure you don’t want it when you choose this option. Secondly, you can publish it on the webpage of the company, which is free as well. This will take up to 48 hours, though. The third option is to get it delivered to you by email. This costs $6.95 and your plan will not be posted on the webpage.

I found a really quick way around paying you can simply copy and paste all the content the app comes out with into an email yourself and then send it to yourself. This makes it free and easy, if not accurate.

Business Plan Delivery image

5Min Business Plan

Free

Pros and Cons

Pros

  • Make a business plan in under five minutes
  • It’s really easy to use and speaks for itself

Cons

  • Business plans are absolutely not finished
  • Tons of grammatical errors in the end result

Pros and Cons image

Conclusion

I hate to say it but I told you so. You can’t create a business plan in five minutes and it's not one of the best business apps for this category. However, this app does give you a good basis to start on if you're willing to put more work into it. I’m not sure if it is worth the money to get your plan sent to you, but as mentioned before, you can easily just copy and paste the content. The app works with iPad and iPhone and requires about 5 MB of space. 

5Min Business Plan

Free
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cherry

Cherry is a hard-working writer and an aspiring web designer who can't go a day without using her favorite apps. She's always on the lookout for new apps and enjoys discovering ones that others have overlooked.