I'm a business plan writer, and I will admit that there are pros and cons to hiring a business plan writer. Here is a list of some of the reasons why it is awesome to hire a business plan writer and some of the reasons it's not so awesome to hire a business plan writers
The pros of hiring a business plan writer.
The experience writing business plans.
Having written over 200 business plans myself I have a system in place for writing business plans. My experience in writing business plans knows how to format the business plan, how to lay out the business plan and what things to include and not include in certain business plans.
The network of the business plan writer.
Active professional business plan writers run into a lot of entrepreneurs, investors and generally have a large Network of business people in the Rolodex. Hiring a professional business plan writer can bring you into a noon Network of human capital that will help your business.
The time you save hiring a business plan writer.
If you are looking to start a business or already run an established business the most valuable resource you have is time. Hiring a business plan writer can save you time so you can focus on the things that matter which are actually running your business and actually making a profit.
The money you might Save hiring a business plan writer.
If you are already making money then writing a business plan your self will take away time from the activities that actually make you money. In these cases you are actually saving money by hiring a professional business plan writer since the cost of you not focusing on your work is greater than the cost of the business plan. If you are not making money as a business then the business plan isn't an investment.
The advice of a professional business plan writer.
Most professional business plan writers are not just business plan writers, they are Consultants. Being an entrepreneur myself and the business consultant, I have seen a lot. This past experience allows me to give Superior advice to my business plan clients. A professional business plan writer will not only outline your business plan but will give you the advice necessary to make sure your business as a success.
The cons of hiring a business plan writer.
The voice of your business plan may not exactly match the voice of management.
Some business plan writers will have a hard time speaking in the tone and language all the business or the businesses management. This means that sometimes your business plan may not sound like the industry professionals or experts in a certain field. This depends mainly on the experience of the business plan writer.
The cost of the business plan.
Sometimes the cost of the business plan is just too much to bear. This is normally the case and companies that do not have the financial capital available when starting.
Forgoing the new things you learn by writing your own business plan.
Something magical happens when you sit down to write a business plan and research your industry and Market. You begin to see things that you may have not seen before. The new things you learn writing a business plan can be very impactful to the management of the company. A good business plan writer we'll share these things with the person who has hired them to write a business plan.
There may not be an actual need for a business plan.
In some cases there is not a need for a business plan. This happens when entrepreneurs falsely think that a business plan will accomplish a certain task that is not relevant. Sometimes A business plan is not actually needed because another on documents is needed such as a private placement memorandum or a pitch deck or something of the like.
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Hope this helps,
Nick
TheBusinessPlanningGuru.com
NicholasCoriano.com
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Hope this helps,
Nick
TheBusinessPlanningGuru.com
NicholasCoriano.com
