Uploaded on Jul 29, 2019
Most of the business owner write their business plan by yourself to just save their money. But having a perfect business plan is road-map of your business so it is good if professionals will help you to write a perfect business plan for you. Here in this PPT, I have described all the aspects regarding business plan.
Write Your Own Business Plan? Or Get it Professionally Written?
WRITE YOUR OWN
BUSINESS PLAN? OR
GET IT
PROFESSIONALLY
WRITTEN?
THERE ARE DEFINITELY SOME CASES WHERE
WRITING A BUSINESS PLAN YOURSELF IS
PREFERABLE AND OTHERS WHERE AN EXPERT
THIRD PARTY MAY ADD VALUE TO THE
PROCESS
Writing your
business plan
yForo mui c rro sbuseinelsfses raising smal l amoun ts of inves tment (say under
£50 ,000 ) th is is l ikely t o be t he best approach . Apar t f r o m any th ing
else i t doesn ' t m a k e sense spend ing 10% or 15% of t he funds you are
t ry ing to raise on ge t t i ng someone to he lp you wr i te a plan! Most h igh
street banks offer on - l ine appl icat ions or sof tware temp la tes to he lp
you. Just beware t ha t you may have to repeat t he app l i ca t ion
process several t imes in d i f ferent f o rma t if you don ' t have a s tand -
alone business plan .
When selecting business plan writing
services there are a few good
guidelines worth following:
Commercial Experience
Track Record
Pricing
Ownership
Funding
Commercia
l
TEhe xabipl i ty et o rwrii tee wne l lc is neo t e n ou g h to m a k e
your p lan investable - th is is n o t s imply a copy
w r i t i ng exercise. If you are go ing to secure funds
you need to cons t ruc t a business case t h a t
in tegrates al l c o mm e rc i a l aspects of your
business. So, be sure t h a t t he peop le w r i t i ng
your p lan have several years of senior
c o m me rc i a l exper ience - t he broader t he
better . This c o mm e rc i a l exper ience shou ld
i nc lude b u d g e t i n g or forecast ing - your
f inancials are a cr i t ical par t of your plan..
Pricing
Services range f r o m a round £2 ,000 for smal l
start -ups upwards to £15,000 for larger
corpora te plans. As w i t h m o s t things , you ge t
w h a t you pay for an d the pr ice general ly ref lects
t he comp lex i t y of t he business mode l . Make
sure you ask for a speci f ic proposal t h a t out l ines
exact ly w h a t you are go ing to ge t for your
money , t he t imesca le a n d price . Consider
"virtual services" ra ther t h an "face- to- face"
consul tants t o reduce your costs b u t n o t t he
qua l i ty of work .
Ownership
one po ten t ia l d isadvantages of hav ing a p lan
w r i t t en for you are t h a t you w i l l n o t "own" t he
business p lan a n d be to ta l ly fami l iar w i t h it. So,
ensure t h a t you are ful ly involved in t he process
a n d t h a t there is t i m e schedu led for you to
review a n d discuss the f inancia l forecast an d
w r i t t en p lan w i t h whoever is w r i t i ng the p lan for
you.
Fundin
Hgave plans t ha t they have created secured
fund ing? Whi ls t f u n d i ng depends on a w i d e
variety of factors a n d n o t just t he qual i ty of t he
business p lan (state of t he market , avai labi l i ty
of capi tal , produc t , service, proposi t ion ,
m a n a g e m e n t t e a m etc.) any special ist service
shou ld be able to q u o t e a few examples where
the i r p lans have he lped to secure funds .
Track
MR a ne y bc u os i nr ed s s p l a n a r e c o n f i d e n
s o d o sn o t e x p e c t t o t i a l s e e m a n y
e x a m p l e s .H o w e v e r , c o m p
s h o u l d b e aa nb il ee st o p r o v i d e w r i t t e
na n d a t t r i b u t a b l e t e s t
i m o n i a l s f r o m c l i e n t s .
For m o s t peop le w h o d o n o t possess exper ience of w r i t i ng
business plans you m a y improve your chances of secur ing
f u n d i ng by engag ing a special ist w r i t i ng service to he lp you
create a plan . However , m a k e sure you are ful ly involved in
t he process - you need to o w n the p lan at t he e n d of t he day
a nd k n o w i t ins ide ou t a n d backwards - your fu tu re is in
your hands n o t theirs!
LET'S TALK!
PHONE
+1 (800) 409-4044
EMAIL
[email protected]
OFFICE ADDRESS
10880 Wilshire Blvd Suite
1101, Los Angeles, CA
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