Our MBA Writers will ensure your plan is SBA Compliant!
While business plans can help you secure funding, they are also important to help you develop your business ideas and outline your goals and strategies when launching your company. Consider it your roadmap to success! Bargain Business Plan has helped thousands of people with a dream, just like you, start on the path to accomplishing those goals.
Market research leads to an analysis of quantitative and qualitative assessments of the market your business will be entering. It looks into the value of the market and the volume of business you can expect, customer segments, buying patterns, potential competitors and any regulations you may face upon entering the market. The goal is to show your business plan’s readers – as well as yourself – that you know the market and it’s big enough to lead to a successful, long-term business.
Professional Market Research & Analysis
Market research leads to an analysis of quantitative and qualitative assessments of the market your business will be entering. It looks into the value of the market and the volume of business you can expect, customer segments, buying patterns, potential competitors and any regulations you may face upon entering the market. The goal is to show your business plan’s readers – as well as yourself – that you know the market and it’s big enough to lead to a successful, long-term business.
Here are a few elements to include in your market research:
- Target audience demographics and segmentation: Depending on if you are going to be a local shop like a restaurant or coffee shop or a national retailer selling goods or services online, your target audience will be different. But no matter how you plan to go to business, this section should include the size of the customer base you plan to have and who the potential customer may be. Include the value of the possible customer segment, so your investors and lenders can understand your industry like you do.
- Target market: The target market is the type of customers – so be as specific as possible, even if you are going into a more general type of business that everyone can partake in.
- Market need: Now you’ll move what need you will fill. Detail the demand for your product or service and how your business will fill the gap. Especially if you have a lot of competition or the market is particularly saturated, describing the need and drivers for the market is important.
- Competition: Explain who your competitors are and what their strengths and weaknesses are. This is a good place to explain what they are lacking, what their weaknesses are and what they could be doing better (that you instead will do).
- Barriers to entry and regulations: In this section, you will focus on proactively answering some questions your investors will have. What barriers are there to entering the market – for you and for future competitors? What will make you successfully be able to navigate those barriers? Some of these barriers may be investments or technology, or regulations. Explain what the regulations are and how your business will stay compliant.
Work With Experts
The business plan consultants at Bargain Business Plan are ready to help you complete the market research for your business so you will have an effective market analysis section in your business plan. Because this section is so important to showing you understand your new industry and the market need for your products and services, working with an expert can ensure all potential questions are answered so you can secure funding and get ready to go live with your new business.
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Services included in every plan we prepare
What to Expect
CONSULTATIONS
During the development of your business plan, we assign one of our MBA writers to work with you 1-on-1 to discuss and implement your ideas. The writer will also provide input and strategic steps to take during the development.
MARKET RESEARCH
Market Research is essential in a business plan. We have partnered with the most reputable market research firms in the country to make sure the research contains real-time data that accurately reflects your market.
INDUSTRY ANALYSIS
Industry analysis includes a thorough investigation of your sector to determine any trends or patterns in your industry. With our partnerships with the best market research firms available, we are able to offer a complete breakdown and analysis of your industry.
MARKET STRATEGY
Our team will develop a strategic marketing plan through research and exploration to illustrate new opportunities to reach your target market and outshine your competitors.
FINANCIAL MODEL
Whether you are an established business or a startup, ensuring you have a well developed financial model and projections in place are essential when presenting the business plan.
DESIGN & DELIVERY
Once the plan is finalized, our professional graphic designers will provide a stunning finished product of the plan for you to distribute to lenders and investors.
Over the last 10 years, we have perfected the process of creating a quality business plan. The following process has resulted in our client’s spending 60% less time reviewing their plans and instead able to invest this time into their actual business.
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What Our Customers Have to Say
Purchased a plan here last year (2017) and just got funded today. I purchased the Optimum package for investors thinking I wouldn’t qualify for a loan but apparently I was wrong. I worked with Cynthia throughout the process and love the overall service I received.
My partner and I used Bargain Business Plan for our unique business. Shawn was professional as well as patient. Our plan turned out phenomenal. I highly recommend BBP for all your business plan needs.
Big thanks to Shawn and the rest of the team at Bargain Business Plan. Shawn was very professional to work with throughout the entire process, he not only helped me wit the plan but also gave me some sound advice about merchant services, financing, and marketing. Can’t wait to work with you guys again!
Took about a month to complete my business plan, but well worth the wait. They incorporated and smoothed out alot of my ideas in the business plan. Shawn D. worked well with me and stayed in regular communication during the process. GREAT result…
I am extremely pleased with the work Bargain Business Plan did for my company and the professionalism and dedication demonstrated throughout the process of creating my plan. A special thank you to Shawn Darbin…
Bargain Business Plans is the ultimate business plan writing service and I highly recommend it to anyone who needs a professionally written, well organized, bank ready, highly affordable, business plan. They work with you every step of the way, understand…
I had to get my business plan restructured and I did not have a lot of time to do it. I searched the internet and I found Bargain Business Plan plus a bunch more firms that does this sort of work. I made a few phone calls but the price was not what I was looking for…
From beginning to end, Bargain Business Plan has provided professional service. I could not have found a better service. They understood the nature of my business and was able to get all of the necessary information for applying for a SBA loan included.
Bargain Business Plan was very professional and helpful. With all the work and time they put into my business plan, it was such a small price I had to pay for. They really took time to do research and were very patient to fix and explain the contents.
Our overall experience with Bargain Business Plan was good. We had a very complicated business plan to write and Bargain Business Plan worked hard to make sure we were happy. The time frame took longer than first stated but that was okay. Very happy with the end product.
I really appreciate the staff’s patience and working around my hectic schedule. Taking the time to listen to my vision for my business that incorporated my personal and professional experience. The constant edits, and going over it together throughout the entire process.
When it comes to putting strategy on paper, these guys are the best. From step 1 to the last step, it was very easy to work with them. The end result of course came out amazing. Highly recommend!
Cannot say enough about the staff, everyone is super friendly and professional! Met with my SBA loan officer and had him look over the business plan, he was very impressed with all the market research.
When it comes to putting strategy on paper, these guys are the best. From step 1 to the last step, it was very easy to work with them. The end result of course came out amazing. Highly recommend!