Many small businesses are afraid to write a business plan. It is as scary as going to the dentist for them. According to research, companies that have a professional business plan make 50% more profits (compared to those that don’t even bother to take care of it).
If research or writing intimidates you, you can also hire agencies or freelancers who offer you services Professional business plan services. It doesn’t matter if you are just starting a business or are an established entrepreneur; Professional business plan service providers provide financial assistance. These professionals know how to track down top investors and venture capitalists to provide you with the required resources.
Moreover, these professional business plan service providers also help small businesses by offering market research. It helps the company stand out in the crowd of its competitors as it has all the facts and data. With this action research, you can improve your services/products and increase your profit margin.
A business plan is crucial for a brand/company because it contains all the factual data and information (company goals and objectives with strategies to achieve them). Therefore, always hire a qualified expert and business plan writer for witty impressions.
How much do professional business plan service providers charge?
There is no fixed price, with professional business plan service providers charging anywhere from two thousand dollars to twenty five thousand dollars. Fees vary and depend on factors such as the complexity, quality, and length of your business plan.
For businesses and small businesses, writers and consultants charge a few thousand dollars because they don’t need in-depth research and work. However, for large and progressive companies/businesses, the price goes up by more than ten thousand dollars. A corporate development business plan is more complex and detail-oriented.
Furthermore, some professional business plan service providers charge by the hour. These special consultants will rewrite or write a new business plan for you. They charge between fifty dollars to three hundred dollars.
Before hiring any consultant or agent, ask what services are included in their package. Make sure it provides the following points:
1. A comprehensive business plan that includes a marketing and financial plan.
2. A customized business plan that focuses on the needs and requirements that focus specifically on your business or company.
3. The business plan they provide must be well thought out. It should include all relevant information related to the industry or company. Moreover, the business plan must contain a thorough competitive analysis because it is essential.
There are many freelance companies and platforms that offer professional business plan services. The thing to remember is the quality they offer; Their standards differ greatly from each other.
If you don’t want to write your business plan and decide to hire a professional, be very helpful.
Another essential thing to keep in mind is that the quality of the business plan depends on the fees you pay. If you hire a cheap consultant or writer, be prepared to get a poor quality business plan. You can never get good funding or attract investors if your business plan doesn’t look professional.