5 Elements of an Effective Business Plan Package
Are you ready to launch your new business? Or maybe you’re ready for expansion, but aren’t sure what steps to take.
A business plan is the way to go if you’re in any of these situations! Just be sure you’re opting for a business plan package that is effective and customized to the needs of YOUR company.
To help you find exactly what your business needs, our experts at Bargain Business Plan put together these 5 elements every successful business plan package should include.
Shopping for a great business plan package? Look for these 5 elements!
Cost and Payment Type:
A quality business plan package will display all costs up front. Most entrepreneurs don’t have the budget for surprise costs and unexpected fees.
If your budget is smaller, a package that offers multiple payment options will take some of the strain off your checkbook.
Keep in mind, just because a package is labeled as “cheap” doesn’t mean it should be slim on essential features. Even a basic plan should include things like market analysis and financial projections.
Customization:
Different packages are tailored for different needs.
Customized packages are a good indicator that a professional writer has experience in your industry. If you wanted a cookie-cutter business plan, there are hundreds of free options, but your brand deserves something better!
An effective business plan package for a startup won’t be the same as one written for a foreign entity looking for a work visa. Make sure any package you look into differentiates between business types.
Research and Feedback Based:
If your business plan package doesn’t include research, you’re pretty much paying for an expensive paperweight.
Check the plan description to be sure that the company you’re working for can help you meet your goals. Whether you need to attract investors or gain government approval, they should have specific experience in those areas.
They should mention that they use feedback from these entities to shape how they create their business plans.
Pro tip: Look for a company that provides samples of their work. That way you’ll know their ideas, quality, and style align with yours.
Meets SBA Guidelines:
Business plans aren’t just a roadmap to success. Nor are they only for obtaining funds.
Occasionally, a business plan package must help a small business owner meet the U.S. Small Business Administration’s guidelines. The SBA has many requirements that require a more comprehensive business plan, plus supporting documents. Check that your package offers these extras.
Also, any company that offers a money-back guarantee is one to consider. Is there any better peace of mind?
Revisions:
This may seem obvious, but not all packages offer revisions! Some even charge extra. A good rule of thumb for a basic plan is 14 days of free revisions. Expect more like 30 days for more comprehensive plans.
Don’t be afraid to use those revisions, either! A good business plan writer is always happy to work with you to capture your vision.
Finding the perfect business plan package shouldn’t be a hassle.
At Bargain Business Plan, we make it a point to develop packages with no hidden fees and no surprises. You know what you’re getting before you’ve even paid!
Expect only the highest quality from our team of writers and researchers. We have years of experience, and hundreds of satisfied clients. Contact us today for a consultation – don’t hesitate, make your business idea a reality!
