On average, the written portion of business plans will amount to 18 to 25 pages. It all depends on the specifications of the business plan recipients. As mentioned, there is a tendency of course to force more elaborate and detailed plans, the higher the capital requirements for the enterprise. Sometimes though, clients will already have conducted talks with their investors and even small investments can require long plans. Therefore, mind your briefing, which will usually contain a notion as to the required gross volume.
Therefore, especially on your first draft, be attentive to heed above volume guidelines set out for you, also since quality assurance analysts are paid by the page and clients rarely will reimburse us for extra business planning costs incurred through quality checks of overdelivered text volume.
The following are some different tables of contents for different business plan classes that we produce at BrainHive. The standard table of contents serve you to both understand how we usually compile our business plans as well as see how diverse business plans can be to suit different client specifications.
If you would try and look up standard table of contents for business plans in six different books you would get seven different answers. However, the wheel needs not to be inefficiently reinvented over and over. Business plans serve one core purpose: Getting funded which is another way of saying "convincing people".
Whatever is required for a specific enterprise to be fully reproduced to potential investors and creditors in terms of key characteristics, deciding key aspects and key success criteria structured into the traditional planning instrument of the business plan, that's what's going to be that which you have to worry about. This allows us to work more fluidly, having for every project one or more pacemaker business plans from which we can draw inspiration and each time write a plan that is a little bit better than the one before.
While some projects invite you to make generous use of generic text blocks to quickly compile your business plans, take extremely good care while doing so. Producing original business plans not only is a question of professionalism but also enrich our business plan library with fresh intelligence, increasing over time our potency as a consulting firm and making it in turn possible to convince more and more potent clients to chose us over our competitors.
The above said, the existence or nonexistence of a decent sample or template plan is priced into the budget of that particular plan to keep our prices competitive. Make good use of our library and your life easy for yourself. Not reinventing the wheel over and over means efficiency, through which we remain accessible and able to deliver world-class plans even to entrepreneurs who are not able to shell out thousands of dollars for their business plan before even knowing whether or not they will be able to successfully secure funding.
As a BrainHive analyst, you are expected to keep a professional, sober and serious tone at any moment of your business plan creation process. Especially when talking about the founder or indeed relating to any person or entity by name, be sure to keep it neutral, professional and friendly.
This also goes for competitors and the way we talk about competitors, government bodies, market situations etc. Never aggressively, never in absolutes or dramatically negative. Some of our clients have asked for corrections to make a business plan sound more enthusiastic.
We always warn against talking in superlative terms or sound over-optimistic, because it can weaken the credibility of the business plan and make the business plan recipients assume inexperience. Of course we can write a super enthusiastic plan if the client explicitly wants this.
Normally however, we like to keep it extra-sober. On the other end of the spectrum, we of course will never write a plan which leaves a trace of doubt that the business venture could fail. Our business plans have the purpose to prove to potential investors and creditors that the business investment is a sound and safe one.
If a business venture is highly unlikely to succeed, we tell the client beforehand during the consulting stage of the project. If the client insists, we might still take them, do the best we can and set them on their merry path. Still better than if they go and approach a competitor, none of which to our knowledge are able to do any better than us, but many delivering indeed heavily flawed work yes, we've seen competitor plans, and yes, some won't even pass for a joke, except a really, really bad one.
The following are the basic formatting guidelines for BrainHive business plans. As a normal business plan analyst, you are to not produce PDFs, watermarked or password-protected deliveries or indeed send us anything other than the open MS-Word document.
Creating your business plan, note that everybody likes a little color in such a great big chunk of sober, serious business writing. You are expected to have at least three visual elements in your business plan. Depending on the volume, it can be a lot more still. Not only charts and diagrams that you come across during your market research are potential candidates for being copy pasted into the plan, web screenshots for instance of maps, products etc. Relevancy is key — make sure whatever visual elements you put into the plan has a legitimate reason to be in that same exact spot.
Do not use the visual element simply for the sake of having a visual element there. As much as it is sad to deliver a desolate, dry text desert, the damage caused by raised eyebrows of business plan recipients over out-of-line or arbitrary visuals is sadder still. If you are making specific numerical claims or citing someone in the market analysis or if you are featuring a diagram or chart, it is useful both for us as well as for the client if there is some kind of reference as to where you found that particular piece of data.
Certain projects, especially when we are writing a business plan which is part of an academic assignment, will require you to expose your sources in a very detailed fashion according to the respective national citation guidelines valid for that client, which will be communicated to you in your briefing.
When processing a normal business plan assignment, it is not necessary for you to show the exact link of the page where you found the material and make an elaborate footnote with the Microsoft office footnote tool — however, of course we appreciate your extra effort. What you definitely have to do is mention the name of the medium where you found the figures , for instance a certain market research Institute, magazine or a white paper of some large consulting firm.
Put it right there in the body content, embedded harmoniously in the head sentence of the paragraph in which you mention it. Switching sources or mixing statements from different sources, make sure it remains reasonably clear from which sources the respective statements are derived from.
While again you do not need to necessarily include the link, it is important to also show the date of the publication in question. Business plans aren't mysterious or difficult to write, but they can be complicated and time consuming depending on your operation.
Business plans are written documents containing all details of your business startup and operational objectives and strategies. Startup and operating costs, sales, marketing advertising and sales strategies, pricing and profit margins, supplier lists, insurance information and other topics are included to give you blueprint of your business.
They are also used for obtaining business loans, securing investors and for other analytical purposes, and may be modified as the business matures to better outline and guide future operations. A business plan is not mandated or required for any business unless requested by an outside entity, and there is no "set format," so you will save money by doing it yourself if time permits.
Business plan providers and business consultants are available for hire to complete your business plan. Some firms charge by the hour, with others charging a flat fee based on the complexity of the plan. Costs vary widely, and are only as good as the information you provide, with better plans including multiple stages of the plan process.
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.
The analysis fee is charged for the business plan writer to analyze all of the information you've provided. Our business plan consultants have hands-on experience founding, funding, and scaling ventures. Think of us as your co-founder for the duration of our project.
We understand your situation. Let us guide you. A majority of our clients secure meetings with potential funders.
Funding is a binary event: Learn about the pros and cons of various approaches to developing business plans. Some business plan writers charge extremely low fees because they have a cookie-cutter, assembly-line approach. You get what you pay for. A single mistake can get render your plan unfundable. Why not get it right the first time and save money? We go much deeper and help develop a viable strategy for success, which we then express in a compelling business plan. We have a talented team ready to help you implement it as well, either on a retained basis as interim members of your founding team or on a project basis, as needed.
Business plan consulting details…. The key to generating interest and then closing a deal is a compelling pitch deck. Pitch deck consulting details…. A financial forecast is like a business plan expressed in numbers. Financial forecast consulting details…. Aaron at Cayenne had my best interest from start to finish. He took the time to understand my business, identify the problem areas and make specific recommendations on both the operations and finances.
Business plan preparation fees depend on several factors including the complexity of the venture and how much research and writing has already been completed .
If you hire a professional business-plan consultant, the rate will vary from person to person. Thumbtack, an online service that matches consumers with local professionals, quotes the average rate for a business plan consultant to range from $70 to $ per hour.
Business Plan Writing Service Costs: Our Fee Sheet. One of the most competitive pricing for professional business plans: Get to know the BrainHive business plan writers and our founder-friendly business plan writing fees. Please note: We DO NOT use generic business plan writing software or massive chunks of templated, generic business plan texts. Unlike most business plan companies, your business plan writer at Bargain Business Plan will work with you for 30 days after you receive the initial draft, to make sure your plan meets your standards.
Apr 19, · The idea of paying somebody to write a business plan is misguided. A business plan is not a one-time task to be done and then forgotten. Real business plans are obsolete in a few weeks, so the economics of having one done by an outsider for a fee are fake. A professional business plan consultant will generally charge between $3, and $15, for a complete business plan (although there are cases where $50, is justified). The low end applies for “simple” businesses such as a pizza shop, a small retail store, a hairdressing salon, etc.