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The Cost of Writing a Business Plan

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❶However, our research is meant to aid your own, and we are not acting as licensed professionals.

Business Plan Cost for Flat Rate Business Plans vs. Projects With Specific Requirements

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Optimal Thinking is a business plan writing service that will also get your business into shape. Consider this service if you want a high level of consulting or have unique issues to work out. Optimal Thinking works very closely with clients and utilize the first-hand knowledge of many different industry experts to write you a killer business plan.

The downside is the cost. Not everybody needs business advice. Sometimes you just need somebody to take your ideas and numbers and turn them into a professional, well-formatted business plan.

This is where Bargain Business Plans comes in. Visit Bargain Business Plans. One of the most common reasons for writing a business plan is to secure funding from a bank or investor.

When you apply for a loan at a bank, for example, you need to provide very specific financial information laid out in a particular way. For investors, you have to do this and go into depth about your unique selling proposition and potential for growth. Another reason to write a business plan is for help internally. Contrary to what you may expect, all 3 services we reviewed offer the full range of business plans.

How they differ is the level of consultation you receive. Bargain Business Plans will translate your ideas to paper with minimal influence from writers whereas Optimal Thinking will challenge your ideas and seek to improve them wherever possible.

Wise Business Plans falls in between. After that, an initial phone call with a writer will layout most of the details, along with ongoing communication via phone or email as the plan develops. You should have your business plan delivered in about 7 to 14 days.

Throughout your discussions, Wise Business Plans can offer financial advice. Optimal Thinking can also advise on compliance or potential legal issues and even suggest sources of funding. When you sign up, the process begins with a set of questions and continues over email. The reason being is to keep everything clear in writing. Like the other services, the process begins with a questionnaire.

Their job is to take your ideas and translate them to paper, not to challenge your ideas or suggest areas of improvement. The end product, however, is a high-quality business plan. Pricing varies a lot depending on the type of plan you need and the amount of research you bring to the table.

Investor plans and startup plans, on the other hand, can cost a few thousand dollars. Like Wise Business Plans, pricing varies depending on the type of plan you need and the amount of research that needs to be completed.

Financial data can be tracked, along with your budget and sales goals, so that necessary adjustments can be made. If your business plan looks like as if it is going to be more complex or if you really do not like to write, you may want to hire a professional consultant to do that for you. The consultant is also able to ask questions and guide your thinking so that you can formulate a comprehensive plan that best meets your needs.

These figures are based on their hourly rate and on any other special services they may include. Although professionals debate the value of one method over another, choosing between a traditional plan or a newer "lean" plan, called a business canvas, will also be a determining factor in your costs.

A full business plan is a longer document that ranges from 30 to pages, depending on the complexity of the project. Obviously, it will cost a great deal more -- in time and money -- to compile a document of this nature. On the other hand, a business canvas is a short snapshot of your company, typically only one page in length. It is a visual representation of your business, in which key points are summarized and presented. Although creating a business canvas still requires thoughtful consideration, this type of document is often recommended for smaller businesses that do not need to spend their finances on creating lengthy documentation or in seeking out business investors.

Templates for this type of plan are available free online. Elisabeth Natter is a business owner and professional writer.

If you are using your business plan to attract investors, obtain financing, venture capital or grants, a professional business plan company can provide plans with the necessary format and information needed to suit the particular objective.

This type of plan usually on the more expensive side and you may be charged hourly or an estimated flat fee depending on the providing company, your business type, and complexity and the nature and purpose of the plan itself. Matt McKay began his writing career in , writing training programs and articles for a national corporation.

His work has appeared in various online publications and materials for private companies. McKay has experience in entrepreneurship, corporate training, human resources, technology and the music business. Skip to main content. What does Business Plan Include? Business Plans From Private Companies Business plan providers and business consultants are available for hire to complete your business plan.

Analysis And Outline The business plan process begins with an analysis and outline, for which some companies will charge hourly rate, or a flat fee of several hundred to several thousand dollars.

Business Plan Writing Service Costs: Our Fee Sheet

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A Good Business Plan Writing Service Costs US $$1,+ Depending on Required Length, Specs & Difficulty. Find Out More About Your Business Plan's Price.

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Apr 19,  · the main factors that influence the business plan writing cost are volume requirements, degree of difficulty and objective of the business plan (amount of funding, specifications of the recipient etc.). We use a business plan price overview to show how these factors influence the budget needed to.

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Should You Bring In A Consultant To Help Develop Your Business Plan? and maybe even write the business plan for you. However, then the risk of not getting things right from the beginning far outweighs the small cost of hiring a consultant to make sure you get it right. This is the one case where it never makes sense to “do it yourself”. The old adage that "time is money" is certainly true when putting together a business plan. Whether you're writing the content yourself or hiring a professional plan writer, the time it takes to create the document will cost you money.

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If you need a business plan in less than a week, our consulting service can help! Our writers specialize in business plans that help entrepreneurs secure loans & investment. We are so grateful for the job well done not to mention the cost was $ less than what we were quoted from another company. Words cannot express our gratitude. Hiring a Firm. You can hire a consulting firm to write your business plan, but this is often the highest-cost option. However, you will get a comprehensive business plan written by a dedicated team of specialists in marketing, finance and industry.