Before you pay someone to write a business plan for you, do the following, to assess how competent the business consultant is.
1. Use A Service That Provides Revisions
You need to be sure that revisions would be supported before you pay someone to write a business plan for you.
Why is this important? You must realize that business plans are not cast in stone if they were it would be difficult to make revisions or update it as your business grows.
The variables used will never be the same.
During the business planning process, you may need to make some revisions, and this is absolutely normal
Ask your business plan consultant before hand if they support revisions.
2. What’s Their Track Record
You want a business plan writer that has a great record of writing professional business plans. Nobody wants to hire a novice to write their business plans. A very easy way to check their track record is to check their website and social media handles.
Once you are convinced about the testimonials, then you can use the testimonial as a guide to know if the business plan writer is a good fit to write your business plan.
3. Delivery Time
The time delivery time for completing a business plan varies, depending on the nature of your business, the amount of research needed and the business plan company writing your business plan for you.
To avoid surprises, you want to be certain of the turnaround time.
And in a case where you have urgent need of a completed business plan, perhaps because you have a meeting scheduled with an investor; you want to communicate this ahead before you go ahead and pay someone to write a business plan for you.
But as a standard, between 7 to 14 days is a good turnaround time, however, if you need it earlier than that, you would have to communicate it to your business plan consultant to see if they can accommodate or expedite the business planning process for you.
4. Agree for a custom business plan
A custom business plan is one that is made solely for your business. And like you know, there are business plan templates almost everywhere you turn to, but the last thing you want is to have a business plan template used for your business plan.
You need a business plan that can express the uniqueness of your business, show your strengths, and can get investors hungry to be a part of it.
This can happen easily when you pay someone to write a custom business plan for you.
You are unique and so should your business plan.
5. Don’t pay someone to write a business plan, who doesn’t know what investors want!
Don’t pay someone to write a business plan, that doesn’t know what investors want, the reason is that, if you intend to raise funds, you need someone that understands what investors look out for in a business plan to help you write your business plan.
A business plan for personal use may not give attention to certain things investors look out for in a business plan.
So, working with a business plan writer that knows what investors look out for in a business plan, gives you an edge to win investors.
If you want to raise funds, you can’t just hire anybody, because with investors you may not have a second opportunity to make a good impression.
We hope with these 5 tips you are well informed about things to look out for before paying someone to write a business plan for you.
We write business plans that gets you funding for your business.
We also develop marketing strategies to boost sales. Send us an email at email@example.com to get started.