October 18, 2017  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Articles for Entrepreneurs

 

Writing a Business Plan

 

What to Look for in a Business Plan Writer

Written by Brenda Stokes for Gaebler Ventures

A business plan writer can put a solid business plan in place for you, saving you a lot of time and ensuring appeal to investors. But how do you know you have a good business plan writer working for you?

Entrepreneurs are busy people.
(article continues below)

This means there isn't a lot of time to do certain tasks. One of those tasks is the writing of a business plan and you certainly cannot bypass having a business plan written. You can't bypass it because it is the way in which you set goals for your business. It is how you know what you're going to accomplish and how you're going to get there.

Luckily, you can employ the services of a business plan writer.

A business plan writer is a professional who knows how to put the goals of your business on paper and in a way that is easy to understand. Depending on your business type, you may have to have operational or manufacturing plans carefully detailed. A professional business plan writer can do this for you because writing a business plan can be time consuming and difficult.

As for the overall function, a good business plan writer can be a large asset to your business because of the hours of wasted time they will save you. They work quickly, enabling your business plan to be ready for review in no time. If you must submit your plan to investors, they will send it back to you if it doesn't have in it what it is supposed to.

Fortunately, a quality professional business plan writer will most likely get it right the first time. This helps you to get your business going a lot faster.

Here are qualities to look for in a business plan writer:

Experience You need to ask how long the writer has been writing business plans and it is ideal that they prove their experience by providing you with names of companies they have written for. Four years in business planning is ideal.

Designation Is there a designation such as being a management accountant, an MBA, or a chartered accountant?

Education You want to look for any formal training. However, sometimes experience can outweigh schooling. There are a variety of degrees to look for such as those in business planning and business management.

Portfolio It is important for a business plan writer to have a portfolio. If there is no portfolio, don't even take the time to deal with the individual. A good writer is one with a portfolio in place.

Cost The more experience a writer has, the more it is going to cost you. However, you do want good experience working for you in order to ensure a sound business plan. And make sure you don't pay the full amount up front. The most you should pay is around 35%. Pay the rest in phases as the project is completed.

The above qualities are qualities that you should look for when needing a writer to place your business planning on paper. Even though there is a cost involved, a return on investment will be achieved.

Your return on investment is achieved because having well defined business plans is what makes entrepreneurs successful. How well their plan is drawn out is what sets them apart from those who do not succeed as easily.

Brenda is a graduate of California State University and a professional writer covering a variety of business topics. To learn more about Brenda, check out her website at The Digital Inkwell.

Related Articles

Want to learn more about this topic? If so, you will enjoy these articles:

Completely Pain Free Business Planning In 10 Steps Part One
Business Plan Help


Conversation Board

We greatly appreciate any advice you can provide on this topic. Please contribute your insights on this topic so others can benefit.


Questions, Comments, Tips, and Advice  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

 

 

Additional Resources for Entrepreneurs

Search Engine Marketing

Social Marketing Optimization

Business Forms

Business in the Jungle - Business in Fiction - Negotiating

Radio Ad Costs

Newspaper Advertising Rates

City-Specific Resources for Entrepreneurs

Small Business Insurance

Global Entrepreneurship

China & Entrepreneurs