new business plan Tag

You are ready to start working on your business plan. Congratulations! That is a huge step toward securing funding, finding valuable partnerships and launching your business. When it’s done correctly, a business plan really is the road map for your business, from the early days through the first few years. The right business plan consultant can be a valuable asset to your company. They know what to include, what questions to ask and how to format your plan. Their experience can help you develop a strong business plan you can use as a guide over the coming weeks and months. Here is how you can ensure you are picking the right business plan consultant. 

Are they credible? Check out their website. View their past client testimonials. See what they are doing online. You can learn a lot about a business from their website, especially when trying to determine if a consultant is knowledgeable and credible.

Are you comfortable with them? If you are going to be working with someone on a very important part of your business, it’s important you feel comfortable with them. You should be able to ask them questions. You should feel like you trust this person. 

Have they spent time learning about you and your business? This is a really important question to be able to answer. If they haven’t taken the time to have conversations with you about your business, how can they write a thorough plan? They need to be able to understand your goals in order to write a customized business plan, so be sure they are willing to spend time with you.

What industry experience do they have? It’s important that your business plan consultant is knowledgeable. Specifically for your industry, they will need to know and use terminology that shows that your business understands the market. If they have experience in both your industry and in other industries, that is ideal because they can help you with what is industry-standard for you as well as giving you some more outside-the-box ideas they have found from other industries. 

What is their level of success? Find out how many business plans they have written – and then find out how many of those were successful. This may mean government grants or loans or investors, depending on the types of plans they have worked on. This question can help you gauge their expertise as well.

How many drafts and revisions until it’s finalized? If your business plan writer will just hand over a plan and walk away, that may not work for you. Find out if they offer revisions and conversations on your thoughts about the plan before it’s considered final. 

As you search for the perfect business plan consultant for your project, find out how the experts at Bargain Business Plan can help. You can get a professionally prepared business plan with a free consultation and a money back guarantee. With experience in startup, nonprofit and immigrant investor plans, the consultants at Bargain Business Plan know how to prepare customized plans for each client.