Writing a Business Plan? You’re Not on Your Own – There is Help!

Are you struggling to write a Business Plan or even find the motivation to be pick up a pen to even start? Many business people who must write a Business Plan, whether for internal planning or for their Bank Manager, fall at the first hurdle, and don’t produce a Plan because they haven’t the faintest clue where to start.

There is no excuse for this to happen. If you have never put a Business Plan together, you don’t have to struggle on your own because there is plenty of support out there to help you write a blockbuster of a Plan.

Here are some of the places or people you can seek assistance from.

» Read more: Writing a Business Plan? You’re Not on Your Own – There is Help!

Why Bother With a Business Plan?

Business plans are a necessity if you are trying to get finance for a new business. Most investors or loan companies will not look at you twice unless you show them a detailed business plan.

Many people don’t bother with a plan as they feel it is not necessary. But you mainly need a business plan for yourself. The actual process of creating a business plan will do you wonders for the long term success of you business. As you work through your plan you will come across a list of questions which will highlight areas of your business which you may have overlooked or which need more research. Even if your not asked for a business plan it is well worth doing one and referring back to in the weeks and months to come.

So what makes a good one?

» Read more: Why Bother With a Business Plan?

Is Outsourcing Business Plan Writing Good Practice for Small Businesses?

As most small business owners are usually on a shoe-string budget, cost is often at the forefront of their minds when making decisions concerning their business strategy needs.

As a result, a majority of them resort to writing their business plans themselves not considering the required expertise. The business owners end up consuming lots of time (as much as 400 hours per plan) and energy on the development process to an extent of eroding its worth, and limiting its perceived value.

Aside from the possibility of getting a custom, high quality professional plan developed at an affordable rate, below are many other valuable factors that most business owners neglect when considering to outsource the services of a business consultant.

» Read more: Is Outsourcing Business Plan Writing Good Practice for Small Businesses?