Benefits of Hiring a Business Plan Writer
We produce high-quality business plans.
The business plans we produce help entrepreneurs fund their dreams.
That’s our company mission.
We love what we do and are proud of our work. What follows is our humble, biased, and honest opinion about the benefits of hiring a business plan writer (we hope to earn your trust and allow us to do your business plan).
Here goes.
Hiring a business plan writer is a big decision. Trusting someone with your business idea is like trusting someone to hold your newborn baby. A start-up idea is fragile, and you don’t want just anyone handling this responsibility.
Like a newborn, a business plan takes time and effort to nurture and grow. It requires thinking through critical components that will shape the future of your business. Therein lies the benefit of hiring a business plan writer.
Here are six benefits of hiring a business plan writer:
1. It saves you time and helps you meet your deadlines
As an entrepreneur, your time is precious. Every minute you spend on a particular task, you are at the same time choosing not to work on something else. By hiring a business plan writer, you can spend the extra time focusing on getting the rest of your business started. A good business plan writer will dedicate time to creating a high-quality business plan. This saves you time to do other things that your business start-up needs.
2. Market Research Skills
A critical component of any business plan is understanding the market the business is entering. Market research describes the big picture of the market, local conditions and competitors. These parts are critical in driving business strategy, building confidence in your lenders/investors and helping you get the required funding or support to launch your business successfully.
Conducting good market research requires specialized research skills. The researcher has to have the ability to find relevant information, digest the information and produce an analysis that is useful for the business. This is not an easy task, but a business plan expert has the skills required to do that well.
3. Real Feedback
Let’s face it. Family and friends will not always be truthful with you about your business ideas. An external objective voice can be instrumental as you plan the details of your new start-up. An experienced business planner would be able to provide an expert opinion on various parts of your business plan, which is very useful for a new business launch. They can point out issues with the strategy/plan that you may not have thought of previously and help you to refine your business strategy.
What we did instead
We scheduled a brainstorming meeting with Tony and grilled him with questions about the business he was about to start.
Here’s what we said to him:
“Starting any business (especially a food service business) is risky. It’s long hours and minimal pay in the beginning until the business matures and becomes profitable. Why the heck would you want to do that – grow through all this pain? What’s driving you to do this? Why not just keep your day job, and invest your money somewhere else?”
After a few short minutes of speaking with Tony, we realized that food service was not just a business for him. It was his passion!
He worked in a restaurant with his dad when he was young and have always dreamt of starting his own. He loved seeing people enjoying a good meal that he had a hand in making. He’s been thinking about and designing this business for years.
Seeing delighted customers not only energized him, but brought back fond memories of working with his father. His father taught him the value of hard work, the responsibility that comes with owning a business, and most of all, his father instilled a love of food.
He wanted to create a place where people can leave their troubles behind and enjoy good food, and unique drinks in an environment that made their troubles disappear – even if for just a little bit of time.
That was it! We found Tony’s vision.
How a business plan consultant can actually help:
Just like with Tony, a business consultant does not know your passions, interests, skills, industry and life circumstances better than you. Your business is an extension of your goals, your values and your beliefs and it needs to come from you.
The vision for the business should always come from and be unique to you. This should never be hired out to a business plan consultant.
A business plan consultant’s role should be to help you articulate your vision in a way that appeals to readers of your plan.
They should never be inventing your vision and mission of your business.
A good business plan consultant will be able to understand your vision, goals and destination and be able to write it in a way that makes readers fall in love with it. At the very least, your plan should be clear and easy to understand, concise yet has all the relevant details, and always aligned with your vision for the business.
So … should you hire a business plan consultant?
No, if you expect them to invent the business for you.
Yes, if you already have a vision for what you’d like to accomplish. In this case, a business plan consultant can help you articulate your vision and bring it to life in a complete business plan.
Anything less would be a disservice to you, your business, your lenders and your eventual customers.
