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The Cost of Writing a Business Plan

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❶The old adage that "time is money" is certainly true when putting together a business plan. What does Business Plan Include?

Cost for Software

Discover our proven, 5-step business plan writing process
Business Plan Cost for Flat Rate Business Plans vs. Projects With Specific Requirements
Below are some custom business plan packages we offer.

Visit Bargain Business Plans. One of the most common reasons for writing a business plan is to secure funding from a bank or investor. When you apply for a loan at a bank, for example, you need to provide very specific financial information laid out in a particular way. For investors, you have to do this and go into depth about your unique selling proposition and potential for growth.

Another reason to write a business plan is for help internally. Contrary to what you may expect, all 3 services we reviewed offer the full range of business plans. How they differ is the level of consultation you receive. Bargain Business Plans will translate your ideas to paper with minimal influence from writers whereas Optimal Thinking will challenge your ideas and seek to improve them wherever possible.

Wise Business Plans falls in between. After that, an initial phone call with a writer will layout most of the details, along with ongoing communication via phone or email as the plan develops. You should have your business plan delivered in about 7 to 14 days.

Throughout your discussions, Wise Business Plans can offer financial advice. Optimal Thinking can also advise on compliance or potential legal issues and even suggest sources of funding.

When you sign up, the process begins with a set of questions and continues over email. The reason being is to keep everything clear in writing. Like the other services, the process begins with a questionnaire. Their job is to take your ideas and translate them to paper, not to challenge your ideas or suggest areas of improvement.

The end product, however, is a high-quality business plan. Pricing varies a lot depending on the type of plan you need and the amount of research you bring to the table. Investor plans and startup plans, on the other hand, can cost a few thousand dollars. Like Wise Business Plans, pricing varies depending on the type of plan you need and the amount of research that needs to be completed.

Bargain Business Plans has 3 different packages with standardized prices:. All three services have positive reputations. Customers referred to the staff as knowledgeable, approachable and prompt, with fast response times. From what they say, Optimal Thinking lives up to their claim of being one of the most knowledgeable business consultants out there.

Customers were happy with their business plans and noted having a strong back and forth with writers. Given the higher degree of consultation than Bargain Business Plans, but the considerably lower price than Optimal Thinking, we feel small businesses are most likely to be happy with Wise Business Plans. Along with professional writing, you get a degree of financial consultation — all without breaking your budget.

They can also introduce you to potential investors if your business matches their interests. If you have an existing business plan and want to have it critiqued, The Plan Writers can do that at no additional cost. This puts The Plan Writers near the top in terms of how long it takes to get a plan. After you receive your plan, you have two weeks to submit any revisions.

This is shorter than other services, but The Plan Writers gets revisions done quick, usually in about one to two days. As with all business plan services, the costs vary depending on the complexity of your plan. The cost estimates we listed on our matrix reflect a plan for a brick-and-mortar business looking for an SBA loan. The Plan Writers offers a wide variety of consulting services that extend beyond business plan writing. These include management consulting and even helping companies go public.

The plans it writes are high quality and contain market research from a variety of sources. You can receive a plan quickly and for a cost competitive with the industry. It also offers a variety of additional consulting services. Ask a question, get great advice and put our tools to work for you.

Get a Free Business Report Card! Accounting Finances Financial Solutions Funding. Finance Human Resources Marketing Technology. December 18, Business. The Plan Writers image: Although creating a business canvas still requires thoughtful consideration, this type of document is often recommended for smaller businesses that do not need to spend their finances on creating lengthy documentation or in seeking out business investors. Templates for this type of plan are available free online.

Elisabeth Natter is a business owner and professional writer. She has done public relations work for several nonprofit organizations and currently creates content for clients of her suburban Philadelphia communications and IT solutions company. Her writing is often focused on small business issues and best practices for organizations.

She holds a Bachelor of Arts degree in journalism from Temple University. How to Buy a Franchise: Cost in Time The old adage that "time is money" is certainly true when putting together a business plan. Cost for Software If you choose to write the plan, a variety of software is available to make that an easy task.

Business Canvas Although professionals debate the value of one method over another, choosing between a traditional plan or a newer "lean" plan, called a business canvas, will also be a determining factor in your costs. References Small Business Administration: Write Your Business Plan Entrepreneur:

Business Plan Writing Service Costs: Our Fee Sheet

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Apr 19,  · To know the exact price, consult the guys from writing a business plan cost. As far as I know, they provide quality business plans for any types of businesses costs. As far as I know, they provide quality business plans for any types of businesses costs.

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The business plan writing services costs differ between service providers and degrees of length and difficulty. The typical business plan consultant fees charged for an average business plan creation stand at US $$1, Very complex business plans can cost more, but seldom should go beyond $5,

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A professional business plan consultant will generally charge between $3, and $15, for a complete business plan (although there are cases where $50, is justified). The low end applies for “simple” businesses such as a pizza shop, a small retail store, a hairdressing salon, etc. Whether you're writing the content yourself or hiring a professional plan writer, the time it takes to create the document will cost you money. To determine exactly how much your time costs, multiply the value of one hour of your time by the number of hours you invest in developing the plan.

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Discover our proven, 5-step business plan writing process 1 Discover You're assigned an MBA business plan writer who'll work with you closely to understand the needs of your company, map out your business plan and prepare key items, such as your target market, milestones and financial objectives. Those plans usually cost around $1, to $1, Plans for startups or companies seeking larger amounts of capital can cost upwards of $5, The Plan Writers offers a wide variety of consulting services that extend beyond business plan writing. These include management consulting and even helping companies go public.