Question 1

How does Fundability carry out  business assessments?

Accepted Answer

Fundability uses the 40 years plus business experience of it's founder and other human expertise to carry out assessments based on the data provided by it's clients. This is supplemented by the use of AI, market research and data from other sources such as Companies House.  Every assessment is reviewed and approved by Fundability's founder before submission to a client.

Question 2

Do I need anything ready before building my business plan or other documents?

Accepted Answer

You do not need anything to begin using the online business tools. However, we recommend you have at least a one page business summary that you can refer to.

As you begin using business tools, you'll be guided through where you need to add your knowledge of your business and it’s market. And, as you create your business plan and other documents you may need to gather additional data if not available.

Question 3

How do we create a business plan and other documents?

Accepted Answer

Once you've paid for a subscription, we'll send you details of your secure, personal workspace which provides access to all tools. Business plan, financial forecasting, strategy planning, pitch deck generator, progress tracker and much more.

You can customise the workspace, invite team members to contribute and share or download documents as and when required.

Question 4

How accurate and reliable are the business documents generated by AI?

Accepted Answer

AI is a helpful tool in preparing documents.  However, no AI tool is able to completely replace human knowledge and expertise. Using AI is starting point, offering ideas, text and structure to help you create documents. Users should always review, refine, and customise AI-generated content to ensure it accurately reflects their unique business and we encourage users to combine AI suggestions with their own industry knowledge and market research etc to create comprehensive business documents. Importantly, documents created using our Premium plan services are  reviewed by our staff and recommendations made to Users on how the AI content created should be amended.

Question 5

What information is included in the Business Review Report?

Accepted Answer

The review report includes an assessment by a human reviewer of the business, highlighting weaknesses and providing recommendations on how they can be fixed. The report would cover your business plan, financial projections, strategy and pitch deck. If there are any other documents you would like us to review, an additional charge may apply.

Question 6

Is my data safe and secure?

Accepted Answer

Your security and confidentiality of data is of utmost importance to us. No other person can access your business plan or other documents without your permission.

Question 7

Should I sign up for the monthly plan or the annual plan?

Accepted Answer

The benfit of the plan is that you get the best value pricing on our business  tools by saving 25% yearly.

Question 8

Why should I consider the Premium package?

Accepted Answer

The premium plan is a great investment for any business owner seeking expert business advice and/or those seeking funding.For only £50 monthly (cancel at any time), we'll provide a detailed assessment of your business plan, strategy and financial projections. We'll identify weaknesses, show you how to fix them and if you seek funding, assess your pitch deck and provide insights to improve your chances of success.

Question 9

Is there a cap on usage or any hidden charges?

Accepted Answer

There is no usage cap or hidden charges.  You can make as many changes to your business plan and other documents created with your subscription, as your like.

Frequently Asked Questions

How does Fundability carry out business assessments?