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What Is a Business Plan?

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The Optimal Thinking team are brilliant consummate professionals. They charge more than the run of the mill business plan firms because they go the extra mile to be successful. The business plan wowed the two venture capitalist firms we pitched. Thanks for the fantastic analysis. Harvey, Thanks for sharing your personal experience using Optimal Thinking. We love insights from readers. Bettie was superb and delivered the business plan that got me my funding at a fairest price i can ever imagine.

Thanks for dropping in. We use a business plan price overview to show how volume requirements, degree of difficulty and objective of the business plan influence the budget needed to write a high-quality plan. You can check out this overview at https: This is similar to the results we found.

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See our recommendation below along with a detailed comparison of the 3 services: Wise Business Plans We recommend Wise Business Plans because, at a modest price, they not only write your business plan but will give you financial advice. Do they also consult your business? Why We Recommend Wise Business Plans As The Best Business Plan Writing Service For Small Businesses Most small businesses seek the expertise of a business plan writing service to help get their proposal ready for a bank or investor, or to get their ideas and financials organized for their own sake.

When To Use Optimal Thinking Optimal Thinking is a business plan writing service that will also get your business into shape. How It Works One of the most common reasons for writing a business plan is to secure funding from a bank or investor. Bargain Business Plans has 3 different packages with standardized prices: Reputation All three services have positive reputations. The Bottom Line 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.

Client shall pay the remaining balance due upon completion of the Business Plan or 30 days after the first draft of the Business Plan is delivered to Client through electronic mail or any other method , whichever is sooner. BBP is authorized to process the remaining balance due at that time.

A valid credit card is required for all accounts unless waived by a BBP manager. Revisions to the Business Plan will be completed free of charge for a period of 30 days after the first draft of the Business Plan is delivered to Client through electronic mail or any other method.

Any changes beyond the 30 day period will have an additional charge depending on the nature of the change. Confidential information excludes information that: This represents the entire agreement between the Parties and supersedes and cancels all other contracts, agreements, representations and understandings between the Parties, whether written or oral, expressed or implied, with respect to the subject matter hereof.

Many of us have been there: That sudden epiphany in the shower or at a bar chatting with friends. The slew of initial ideas hastily scribbled on napkins or perhaps simply forgotten entirely. Many great businesses started with these same events, but millions more never got beyond them.

Going from random napkin-notes to an organized, thorough plan to get your business started, funded, and generating revenue for the foreseeable future can be a mammoth undertaking, especially for beginners and even more so for people trying to go it alone.

This will help you attract the right people and resources to implement your idea. A business plan tells others how you will get customers and clients, who will run the business, and how early-stage venture capital VC will be raised. Business plans help you talk about yourself, explain your strengths, and ask for money to back up your idea. That is, you want a bank loan, VC funding, or other help to get your startup off the ground. In all of these cases, the business owner has to do something that can be scary: Believe me, I know.

In my pre-journalistic life, I wrote two in-depth business plans. So, when we lack expertise, we should ask for help. Software with "follow the bouncing ball" instructions for business plans can serve the same role as online accounting services because, in each case, you rely on specialists to walk you through the process.

Even better, many of the products we review in this business plan creation tool roundup back up their software offerings with in-person coaching and mentoring as well as loads of online learning resources, like videos and how-to articles. The 10 online business plan software solutions examined in this roundup —Atlas Business Solutions Ultimate Business Planner 5. All of these online business plan software solutions certainly do deliver on their promise to help you, and none of them are bad choices.

Here are eight key factors to look for when choosing a business plan software solution for your business:. Ideally, the business planning software solution will walk you through each section that is appropriate for your class of business, ensuring you answer all of the relevant questions.

These solutions may prompt you to respond to issues that you might not have thought to address. Do the Numbers Ultimately, a business plan shows how your company will make money. Even the simplest plan needs to include financial reports such as charts for profit-and-loss, balance sheets, and month-by-month and yearly projections. You might claim that the Jewish deli you propose to open in Asheville, North Carolina will turn a profit in three years, but the market data suggests five years is typical.

This data helps you back up your assertions before a banker can raise an eyebrow. This is a "nice-to-have" feature for some businesses but an irrelevant one for others. Report Depth and Presentation The result of all of this work is a business plan, a document for others to read. So, you need to highlight the parts to come back to after your accountant responds, for example. Or, the software should at least save data in some kind of draft status.

However, across all of these apps, some forms insist you must enter something in a field before it will save everything on the page, which is irksome. Worse, it could lead to errors because you might not remember to go back and fix the temporary guess. You Still Need a Spreadsheet In general, these business plan software solutions will act as though you are reasonably organized before you log into their websites wherein you will paste summary information.

However, based on my hands-on experience, I advise you to still expect to do background math yourself. For instance, if you need to fill in the projected head count for marketing for the next five years and you keep adjusting the number of people to hire based on your spreadsheet guesswork , expect to keep manually updating the total in the software rather than having the data automatically sync.

In other words, these business plan software solutions are helpers, not "I will do the thinking for you" kind of apps. These are all SaaS apps, some of which have a free version with the basics as well as a paid version with more feature depth.

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The Plan Writers is a Beverly Hills, California-based business plan service that offers a variety of consulting services in addition to business plan writing. Business plans are available for businesses and entrepreneurs interested in applying for visas or SBA loans, or .

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A business plan writing service is a team of business experts that take your ideas & numbers, combine it with some of their own research and produce a professional, well-formatted business plan. We looked at the 3 top business plan writing services and compared their features and pricing.

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Masterplans, based in Portland, Oregon, writes business plans for SBA loans, visa applications as well as for businesses seeking venture capital or angel investors. In addition to business plan writing, Masterplans can also review your existing business plan and give you feedback and suggestions for. PlanIt Business is made up of professional business plan writers. We will write you a custom business plan to help you gain the financial funding you need.