2022 Reviews

Top Business Plan Writers in Chicago - 2022

LAST UPDATED 24 May, 2022
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List of the Top Business Plan Writers in Chicago

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Pro Business Plans

Service Focus
16% Market Research
17% Business Strategy
22% Product Launches
20% Market Entry
20% Other Marketing
4% Other Finance
Service Focus
16% Market Research
17% Business Strategy
22% Product Launches
20% Market Entry
20% Other Marketing
4% Other Finance
Pro-Business Plans collaborates with global corporations from Startups to Fortune 500 transversely a broad array of industries to formulate spectacular business plans, investment materials, and pitch levels. The business plan Procedure is Premeditated for adjacent and ongoing alliance intended with your team. Some of their serviceslude: investor material, consulting services, capital raising, marketing research, and business financing, among many more.

Joorney Business Plans

Service Focus
13% Market Research
7% Pitch Decks
14% Business Plans
25% Business Consulting
23% Marketing
18% Other
Service Focus
13% Market Research
7% Pitch Decks
14% Business Plans
25% Business Consulting
23% Marketing
18% Other
JOORNEY Business Plan offer services like: built on trust. In this competitive and fast moving world when people share their most valuable business information with them, they trust their ideas and clients will get the support they need to move forward reach the desired destination on their personal and Professional journey. They support and respect people who move forward and make the necessary effort to develop themselves and their companies.

@Revenue

Service Focus
28% Market Research
10% Pitch Decks
6% Business Plans
15% Business Consulting
21% Marketing
20% Other
Service Focus
28% Market Research
10% Pitch Decks
6% Business Plans
15% Business Consulting
21% Marketing
20% Other
For more than a decade, Atrevenue team has worked with over 200 small and mid-sized businesses to create systems and strategies thatrease revenue. Their powerful blend of extensive experience, sales training, marketing strategy and Proven Processes move businesses toward long-term success. All of their work is Project based. Their agency is built to Provide full-service implementation and are able to join forces with your team to allow them to own as much of the Process as you see fit.

Frequently Asked Questions About Business Plan Writers

It is actually possible for you to get both a business plan and a pitch deck done if the situation calls for it. That being said, it is important to note that a business plan and a pitch deck have different setups, so they should be treated differently.

If you are looking to have a potential client, partner or virtual capital investor learn more about your company, a pitch deck would be the most ideal situation. However, a business plan should be seen as a sort of guide or road map to your business and what you would like to achieve within a certain period of time.

When searching for a business plan writer, you should always consider a few factors such as if the business plan writer has prior experience in raising funds. This could be either directly as a licensed investment banker or indirectly as their written business plan has provided investment to the business in question.

You also have to take into account if they have any previous entrepreneurial experience. Whilst this is not mandatory, such experience can provide an added outlook into what you require from your business plan writer. This is because they understand the business layout and are much better placed to provide the necessary information.

While the main aim of a business plan writer is to provide you with a well-crafted business plan, it is possible that an additional funding service can also be added to that of business plan creation. It is important to note that this is only possible if the business plan writer in question is a licensed investment banker, specifically with both Series 7 and 63 designations.

When searching for a business plan writer there are a couple of questions you need to ask. For one, you need to ask just how much experience that business plan writer has, if they have been writing business plans for a number of years or if they are just starting out. Another question you have to ask is what the business plan writer’s track record is like. You really do not want to employ the services of someone that hasn’t created a business plan that has been delivered.

One of the keys to having a professional business plan is having one that involves adequate market research. Your chosen business plan writer has to have access to the necessary market research for your business. The last question to ask your prospective business plan writer is what the writing team consists of. You will need knowledgeable hands to create your business plans, individuals such as industry experts, financial experts, and any other necessary subject matter experts.

If your business plan writer is a one-man team, then you can expect it will take anything from a month to 8 weeks to create a business plan. This takes into account other factors such as if the business plan writer in question or the team has the required experience.

A great business plan does not mean just the plan itself, it also involves being able to transform validated assumptions into a clear strategy that capital allocators can buy into once they are shown. Hence, working with experienced business plan consultants can often mean spending weeks or even months to arrive at a final version.

The amount business plan writers tend to charge is influenced by a host of factors. For one it could be the type of plan you need. There are plans that can be as simple as an executive summary coupled with a financial worksheet, while others can be more than 50 pages with numerous years of financial projections.

Business plans written by a business plan consultant can cost upwards of $20,000. However, it is also possible to hire less expensive business plan writers for as low as $1,500.the more complicated plans tend to range into the high thousands, depending on the type of business plan writing service.

Generally speaking, all business plan writers are different. Some may have a very streamlined service utilizing software or templates, whereas others may more reflect a comprehensive business consulting engagement. However, the typical The business planning process is as follows:

Step 1 – Collect Information: More streamlined services may use a business plan questionnaire to collect this information, whereas others may meet in person or schedule meetings over video conference software.

Step 2 – Prepare a Draft: During this period, the business plan writers typically conduct market research, prepare financial projections, and research your business model to make a draft of your professional business plan.

Step 3 – Revise: Each business plan writing service you review will have a different policy for revisions. Typically, entry-level firms offer a restricted number of revisions whereas higher-end agencies provide several video conferences or even ongoing business consulting.

Business plan writers tend to concentrate on the writing of business plans and the preparation of any necessary final documents. A business plan writer’s job is typically limited to amalgamating the necessary words to compile a promising and attractive business idea.

The truth is, you do in fact, need a business plan writer if you have a rough business plan created and require a mix of convincing words to present your ideas for venture capital or even banks. So to sum it all up, if you are interested in raising money, then having a business plan writer is definitely worth it.

A business plan writer is one that creates a detailed description of a business’s plan for staffing, hiring, quality assurance, organizational and operational structure, user navigation, customer service, and more.

A business consultant offers an analysis of the existing practices of a business, whilst making recommendations for improvement. A business consultant typically specializes in a single area of business management, something like human resources.

The definition shows that there is some overlap in regards to the duties and responsibilities they both offer, however, the major aim of a consultant is to aid you in understanding the organizational process of your business, such as creating your business model, conducting market research, and even aiding you when it comes to raising money.

Master Plans

Service Focus
8% Market Research
13% Pitch Decks
29% Business Plans
4% Business Consulting
26% Marketing
21% Other
Service Focus
8% Market Research
13% Pitch Decks
29% Business Plans
4% Business Consulting
26% Marketing
21% Other
With more than 14 years’ experience and over 16,000 business plans under their belt, they deliver best-in-class research, financial modeling, and strategic direction allowing you to do what you do best. The average businessperson will spend 250 hours developing an acceptable business plan. Save time, headaches, and guesswork.

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Anchor Advisors

Service Focus
21% Market Research
7% Pitch Decks
24% Business Plans
20% Business Consulting
20% Marketing
8% Other
Service Focus
21% Market Research
7% Pitch Decks
24% Business Plans
20% Business Consulting
20% Marketing
8% Other
Anchor Advisors works with business owners and founders with 10 to 100 employees who have seen growth and success in their business, but need to develop systems and Processes so that decisions can be made at a lower level of the organization. This enables business owners to monitor the results and apply their talents where they are needed most.

Waywrite

Service Focus
10% Market Research
19% Pitch Decks
37% Business Plans
18% Business Consulting
1% Marketing
14% Other
Service Focus
10% Market Research
19% Pitch Decks
37% Business Plans
18% Business Consulting
1% Marketing
14% Other
WayWrite.com is a custom writing service that Provides online on-demand writing work for assistance purposes. All the work should be used in accordance with the apProPriate policies and applicable laws. They are using Google Analytics to enhance your experience. No personal data is being tracked. They are the best.

Beaird Group

Service Focus
15% Market Research
23% Pitch Decks
25% Business Plans
11% Business Consulting
13% Marketing
14% Other
Service Focus
15% Market Research
23% Pitch Decks
25% Business Plans
11% Business Consulting
13% Marketing
14% Other
Beaird Group assist businesses plan and implement Projects. Beaird Group is the foremost business consulting agency in Chicago. They have expertise on Consulting Services and Project management. Their consulting firm assists clients establish tactical visions and interPret them into meaningful results. When you work with them you expect industry and Practical knowhow joint with an aptitude to execute.

Businessplan

Service Focus
16% Market Research
24% Pitch Decks
15% Business Plans
13% Business Consulting
18% Marketing
12% Other
Service Focus
16% Market Research
24% Pitch Decks
15% Business Plans
13% Business Consulting
18% Marketing
12% Other
Businessplan.Org is not corporate consultants who occasionally create business plans when they are needed. They are experienced business consultants who have specialized in the Preparation of Professional business plans for companies and business founders for 10 years. Their services are highly apPreciated by companies ranging in size from one-person start-ups to large companies with hundreds of employees.

Blue Canyon Partners

Service Focus
12% Market Research
8% Pitch Decks
6% Business Plans
35% Business Consulting
29% Marketing
10% Other
Service Focus
12% Market Research
8% Pitch Decks
6% Business Plans
35% Business Consulting
29% Marketing
10% Other
Blue Canyon Partners is a management consulting agency. They offer affluence 1000 business-to-business managers and secluded equity firms’ tactical course on how to drive lucrative development. As one of the visionaries of business-to-business development apProach, they have performed hundreds of actions in more than thirty industries globally.

Citta Partnership

Service Focus
20% Market Research
19% Pitch Decks
16% Business Plans
22% Business Consulting
9% Marketing
15% Other
Service Focus
20% Market Research
19% Pitch Decks
16% Business Plans
22% Business Consulting
9% Marketing
15% Other
CiTTA Provides analysis and research services personalized to your Precise industry and requirements in: Customer vision through interviews, focus clusters, surveys, Industry benchmarking, Market trends analysis, Competitive analysis and assessment, Feasibility assessment. CiTTA is experienced in Providing all the key pieces needed for effective go-to-market implementation, so that you can see your vision go from idea to market launch: Developing marketing and communications platforms and campaigns. Tracking effectiveness of marketing tactics and adapting via active-learning.

Strategic Philanthropy

Service Focus
16% Market Research
18% Pitch Decks
22% Business Plans
22% Business Consulting
6% Marketing
17% Other
Service Focus
16% Market Research
18% Pitch Decks
22% Business Plans
22% Business Consulting
6% Marketing
17% Other
Meet the key members of the Strategic Philanthropy., team. These knowledgeable, experienced, and committed Practitioners are supported by more than 100 Associates worldwide who themselves are recognized experts in their respective philanthropic sectors, issue areas, and demographics. Their collaborative apProach to client services allows us to build a solid, integrated philanthropic and more.

Clarity Partners

Service Focus
24% Market Research
6% Business Strategy
5% Product Launches
27% Market Entry
25% Other Marketing
12% Other Finance
Service Focus
24% Market Research
6% Business Strategy
5% Product Launches
27% Market Entry
25% Other Marketing
12% Other Finance
Clarity is a minority-owned, Privately held company founded in Chicago, Illinois in 2004. Recognized on the 5000 Fastest Growing Companies in America list for the past seven years and the 2016 and 2017 Crain’s Fast 50 lists, Clarity is an established leader in Providing solutions and Producing outcomes. Their commitment to diversity and innovation has fostered a nourishing environment for consultants that has Propelled their growth.

Cmi Teambuilding Associates

Service Focus
25% Market Research
21% Pitch Decks
8% Business Plans
11% Business Consulting
17% Marketing
18% Other
Service Focus
25% Market Research
21% Pitch Decks
8% Business Plans
11% Business Consulting
17% Marketing
18% Other
Welcome to CMI, the Chicagoland experts in corporate team building and strategic business planning. They dedicated to creating a work environment where vision, planning and commitment dictate actions. CMI has successfully develops performance oriented work cultures in small companies to mid-sized companies.

Irc Sales Solutions

Service Focus
5% Market Research
14% Pitch Decks
26% Business Plans
33% Business Consulting
6% Marketing
16% Other
Service Focus
5% Market Research
14% Pitch Decks
26% Business Plans
33% Business Consulting
6% Marketing
16% Other
IRC: Sales Solutions is a sales consulting company that focuses on perfecting all-around sales strategies. Sales and management experiencelude: Managed over $35 million net Profit (career), Grew YoY net Profit & volume by an average of over 80%, Managed 60+ sales reps averaging over $1 million in net Profit per month. General experience: Sales (15 years) Negotiation (10 years), Sales Management (10 years), Logistics (9 years), and B.A. Sales & Business Marketing.

Build Scale Prosper

Service Focus
30% Market Research
23% Pitch Decks
16% Business Plans
0% Business Consulting
18% Marketing
13% Other
Service Focus
30% Market Research
23% Pitch Decks
16% Business Plans
0% Business Consulting
18% Marketing
13% Other
Build Scale Prosper is an Award-Winning Business Advisory & Growth Consulting Agency. Using our Proven methodology, they partner with their clients across the globe to help them align their people, Processes and technology to help them drive client acquisition, scale operations, imProve the customer experience and manage their financials more effectively

Leap Business Plans

Service Focus
21% Market Research
11% Pitch Decks
2% Business Plans
26% Business Consulting
25% Marketing
16% Other
Service Focus
21% Market Research
11% Pitch Decks
2% Business Plans
26% Business Consulting
25% Marketing
16% Other
They14 years’ experience and over 16,000 business plans under their belt, they deliver best-in-class research, financial modeling, and strategic direction allowing you to do what you do best. The average businessperson will spend 250 hours developing an acceptable business plan. Save time, headaches, and guesswork.

Solve For (X)

Service Focus
23% Market Research
6% Pitch Decks
32% Business Plans
4% Business Consulting
31% Marketing
3% Other
Service Focus
23% Market Research
6% Pitch Decks
32% Business Plans
4% Business Consulting
31% Marketing
3% Other
solve for (x) was founded in 2008. And in that time, they’ve looked and listened to clients who have told them what’s wrong with consulting engagements. Hundreds of consulting firms sell off-the-shelf solutions, but this marginalizes what makes you unique. Your business Problems shouldn’t be solved using a template. At solve for (x), they’re driven by the challenge of Problem-solving, and they have extensive experience helping small to mid-market companies accelerate growth, enhance margins, imProve Processes and engage clients and employee

Plan2Profit

Service Focus
14% Market Research
25% Pitch Decks
27% Business Plans
15% Business Consulting
6% Marketing
13% Other
Service Focus
14% Market Research
25% Pitch Decks
27% Business Plans
15% Business Consulting
6% Marketing
13% Other
Paul is a Professional business plan writer, business developer and the owner of Plan2Profit. His business ownership career started in the early 1990’s with the launch of a successful clothing store and restaurant. Paul has since written hundreds of business plans for aspiring business owners like you. His clients have received millions of dollars in small business loans and large capital investments across Canada.

Sentio Design

Service Focus
0% Market Research
3% Pitch Decks
43% Business Plans
4% Business Consulting
34% Marketing
16% Other
Service Focus
0% Market Research
3% Pitch Decks
43% Business Plans
4% Business Consulting
34% Marketing
16% Other
At SENTIO Designer you will receive an expert review on your mobile or web application. Get recommendations based on Proven USAbility guidelines and design Principles. They offer Mobile and Web Application Design, UX and UI Design, USAbility Reviews, and User Research and User Testing, among others.

Ma Team Marketing Agency

Service Focus
4% Market Research
21% Pitch Decks
29% Business Plans
18% Business Consulting
18% Marketing
10% Other
Service Focus
4% Market Research
21% Pitch Decks
29% Business Plans
18% Business Consulting
18% Marketing
10% Other
MA team started as a group of people with significant achievements in their areas. They had a constant desire for imProvements, and they wanted to apply their ideas to multiple business models. Each client, small or medium business, brings challenges, mechanisms, and tempo. They render services such as websites, social media, google adds, graphic design, and email marketing.

Business Plan City

Service Focus
11% Market Research
23% Pitch Decks
3% Business Plans
14% Business Consulting
29% Marketing
20% Other
Service Focus
11% Market Research
23% Pitch Decks
3% Business Plans
14% Business Consulting
29% Marketing
20% Other
BusinessPlanCity.com was designed to Provide aspiring entrePreneurs with well-researched and well-written business plans and to aid in business plan development. They built BusinessPlanCity.com based on their personal experiences and research related to the struggles of aspiring entrePreneurs in order help them put their plans into action.

Speedy Paper

Service Focus
8% Market Research
17% Pitch Decks
13% Business Plans
18% Business Consulting
22% Marketing
21% Other
Service Focus
8% Market Research
17% Pitch Decks
13% Business Plans
18% Business Consulting
22% Marketing
21% Other
SpeedyPaper is a custom writing service that Provides online on-demand writing work for assistance purposes. All the work should be used in accordance with the apProPriate policies and applicable laws. They are using Google Analytics to enhance your experience. No personal data is being tracked.

Effective Marketing

Service Focus
14% Market Research
20% Business Strategy
13% Product Launches
6% Market Entry
20% Other Marketing
26% Other Finance
Service Focus
14% Market Research
20% Business Strategy
13% Product Launches
6% Market Entry
20% Other Marketing
26% Other Finance
Effective’s vision is to make marketing investments with enough Precision and control they can be treated as investments rather than expenses. they achieve this high level of confidence and accountability when they analyze business challenges and uncover consumer, brand and channel insights as they offer clients direct access to unparalleled talent. And not just people with imPressive resumes. The Effective team is passionate, curious, innovative, creative, highly intelligent and extremely hard working. foils to those challenges.

Life Working

Service Focus
10% Market Research
13% Pitch Decks
13% Business Plans
23% Business Consulting
19% Marketing
22% Other
Service Focus
10% Market Research
13% Pitch Decks
13% Business Plans
23% Business Consulting
19% Marketing
22% Other
Life Working offer fresh resume solutions, job search strategies, and creative apProaches to customized career and life design in an atmosphere of optimism their clients envision desired outcomes, create plans, and follow through with action steps that move them toward achieving their personal and Professional goals. They explore and identify directions and solutions that enable them to achieve balance, weaving work and life together.

Elogic Commerce

Service Focus
5% Market Research
22% Pitch Decks
25% Business Plans
17% Business Consulting
13% Marketing
19% Other
Service Focus
5% Market Research
22% Pitch Decks
25% Business Plans
17% Business Consulting
13% Marketing
19% Other
Elogic is a Magento growth company dedicated to assisting ecommerce organizations develop. they have the resources and expertise that ensure that they Provide top-quality sites for online commerce. Their engineers continually undergo certifications and advance their expert level. Their serviceslude migrating to Magento from another platform, building a store from scratch with Magento, Magento support, integrating Magento stores with third-party systems, and more.

Accounting Concepts

Service Focus
9% Market Research
14% Pitch Decks
10% Business Plans
6% Business Consulting
32% Marketing
29% Other
Service Focus
9% Market Research
14% Pitch Decks
10% Business Plans
6% Business Consulting
32% Marketing
29% Other
For years, Accounting Concepts has been Providing quality, personalized financial guidance to local individuals and businesses. Their expertise ranges from basic tax management and accounting services to more in-depth services such as audits, financial statements, and financial planning. Accounting Concepts is one of the leading firms in and throughout the area.

Cayenne Consulting – Chicago

Service Focus
27% Market Research
6% Pitch Decks
26% Business Plans
16% Business Consulting
19% Marketing
5% Other
Service Focus
27% Market Research
6% Pitch Decks
26% Business Plans
16% Business Consulting
19% Marketing
5% Other
At Cayenne Consulting they offer business plan and Preparation, startup valuation, turnaround consulting, financial Projection and forecasting, and many more. Their brilliant advisors have eminent themselves in their careers. Most of them have hands-on entrePreneurial knowledge and advanced degrees from top schools. They are positioned across the nation and have industry knowhow in several high-growth markets such as green technologies, life science, software, Internet, telecommunications, and financial services

Midwest Business Consulting

Service Focus
19% Market Research
45% Business Strategy
12% Product Launches
1% Market Entry
14% Other Marketing
9% Other Finance
Service Focus
19% Market Research
45% Business Strategy
12% Product Launches
1% Market Entry
14% Other Marketing
9% Other Finance
MBC is a veteran owned Professional consulting and coaching group in Chicago with more than 20 years of experience building world-class operations in various industries. MBC was established with a vision of bringing big company consulting to the small and medium-sized market. They work with clients in a broad range of industries to develop effective strategies which deliver tangible, positive results to the bottom line.

Written Success

Service Focus
18% Market Research
24% Pitch Decks
5% Business Plans
26% Business Consulting
19% Marketing
9% Other
Service Focus
18% Market Research
24% Pitch Decks
5% Business Plans
26% Business Consulting
19% Marketing
9% Other
For years, Accounting Concepts has been Providing quality, personalized financial guidance to local individuals and businesses. Their expertise ranges from basic tax management and accounting services to more in-depth services such as audits, financial statements, and financial planning. Accounting Concepts is one of the leading firms in and throughout the area.

The Family Business Consulting Group

Service Focus
16% Market Research
23% Business Strategy
20% Product Launches
21% Market Entry
4% Other Marketing
15% Other Finance
Service Focus
16% Market Research
23% Business Strategy
20% Product Launches
21% Market Entry
4% Other Marketing
15% Other Finance
At The Family Business Consulting Group, they serve families and the enterPrises they’ve built. Creating structures and strengthening relationships. Developing comPrehensive strategies. Making better decisions as a unit. This leads to a stronger competitive advantage and ensures continuity from one generation to the next. Their team are experts in all areas of family business, with strong educational, research and Practical experience

Butler Consultants

Service Focus
23% Market Research
24% Pitch Decks
11% Business Plans
8% Business Consulting
14% Marketing
20% Other
Service Focus
23% Market Research
24% Pitch Decks
11% Business Plans
8% Business Consulting
14% Marketing
20% Other
Butler Consultants offers top quality business plans, but it’s their financial models that give them a huge advantage over the competition. Each financial model is custom built in Excel by Butler Consultants’ founder and owner, Brian Butler. Butler Consultants has been building business plan for more than 11 years. All employees are U.S. based and they never outsource their work overseas.

Clarkston Consulting

Service Focus
16% Market Research
13% Pitch Decks
24% Business Plans
20% Business Consulting
18% Marketing
9% Other
Service Focus
16% Market Research
13% Pitch Decks
24% Business Plans
20% Business Consulting
18% Marketing
9% Other
CLARKSTONE Consultants as a firm, they invest in the power of knowledge. They research, study, and analyze the global drivers of the consumer Products and life sciences industries. This focus on knowledge combined with the diversity and sought-after skills of our consultants defines who we are as a Professional services firm.

Score Chicago

Service Focus
17% Market Research
24% Pitch Decks
26% Business Plans
21% Business Consulting
2% Marketing
10% Other
Service Focus
17% Market Research
24% Pitch Decks
26% Business Plans
21% Business Consulting
2% Marketing
10% Other
SCORE is the biggest network of volunteer and expert business mentors nationwide. They are devoted to uplifting small businesses get off the ground, develop and attain their objectives. Since 1964, SCORE has been offering mentorship and education to more than eleven million entrePreneurs. They also offer low-cost or no-cost business training, and numerous templates and tools.

Wise Business Plans

Service Focus
17% Market Research
13% Pitch Decks
17% Business Plans
19% Business Consulting
18% Marketing
15% Other
Service Focus
17% Market Research
13% Pitch Decks
17% Business Plans
19% Business Consulting
18% Marketing
15% Other
Wise Business Plans is dedicated to helping you meet your business planning needs in the most customer-friendly and efficient way possible. They specialize in Professional business plans written by accomplished MBA writers, and their mission is to Provide these customized business plans at an affordable Price. They are located in Chicago.

Eb5Investors

Service Focus
9% Market Research
27% Pitch Decks
23% Business Plans
17% Business Consulting
21% Marketing
3% Other
Service Focus
9% Market Research
27% Pitch Decks
23% Business Plans
17% Business Consulting
21% Marketing
3% Other
EB5Investors.com strives to deliver the most comPrehensive and helpful content online about the EB-5 Via Program. This site was created to Provide a one-stop-shop for the your EB-5 visa needs. Their main intention is to help investors learn about the EB-5 Visa Program and give them direct access to Professionals. They are the online community helping those seeking a green card through the EB-5 visa Program.

Slalom Consulting

Service Focus
21% Market Research
19% Business Strategy
18% Product Launches
21% Market Entry
7% Other Marketing
14% Other Finance
Service Focus
21% Market Research
19% Business Strategy
18% Product Launches
21% Market Entry
7% Other Marketing
14% Other Finance
At Salom their team have independence to move speedily and engage in what will benefit their client. That makes them more individual and sPrightlier than outmoded consulting firms. they deeply care about assisting you handle your significant challenges and turn your vision into reality. They assist agencies tackle their most go-getting Projects and build new abilities.

Liveplan

Service Focus
17% Market Research
28% Pitch Decks
18% Business Plans
10% Business Consulting
19% Marketing
8% Other
Service Focus
17% Market Research
28% Pitch Decks
18% Business Plans
10% Business Consulting
19% Marketing
8% Other
The LivePlan Pitch is a one page summary of your business that defines your strategy. It's a fast, simple, and more effective way to document your business idea. LivePlan lets you publish your pitch on the web and export to PowerPoint so you can share it on Facebook, Twitter, LinkedIn, or even with old fashioned email.

Lek Consulting

Service Focus
8% Market Research
5% Business Strategy
15% Product Launches
42% Market Entry
24% Other Marketing
6% Other Finance
Service Focus
8% Market Research
5% Business Strategy
15% Product Launches
42% Market Entry
24% Other Marketing
6% Other Finance
At L.E.K. Consulting was established in 1983. The name came from three partners: James Lawrence, Iain Evans and Richard Koch (L.E.K). Even if your business is an international pharmaceutical organization assessing its apProach to establish new remedies, or airline looking for new sources of revenue in a stimulating liberalized industry or a global footwear company relocation its sorts they will help you solve toughest Problems.

Business Plan Creation: Guide to Success

Regardless if you are raising money from investors or banks - or just want support with market research or strategic planning, preparing a professional business plan can be a helpful way to start or grow your business. This guide will assist you to be a master in the business planning process.

Before starting on your plan, you should first seek to define the purpose of creating it. Generally, there are two different reasons people prepare business plans:

  • Business Funding: Preparing a professional business plan for funding will generally be partitioned into two areas those for bank funding and those for equity financing (E.g. venture capital, angel investor). In this context, the business plan is more designed to communicate information externally for investor due diligence rather than designed to help you to make decisions or assist with your business strategy.

  • Strategic Planning: In this context, the purpose is more structured around helping management conduct a market analysis, put together your marketing plan, and better plan for your cash flow strategy. It is different than those for raising capital because the information is more granular and covers less information you already know.

Once you have determined the purpose or objective of your business plan, the next step is to determine what framework to use.

Business Plan Framework:
Many business plan writers have developed their own structure, but we've shared the most typical depending on your case.

  • Business Funding: The most common framework for a capital raise is the Sequoia Capital business plan format. This version is partitioned into three main sections: Business Description, Market Research, and Financial Forecasts. We break down this later in Step 2 in more detail.

  • Strategic Planning: These business plans tend to be more boutique and if you hire a firm more reflect consulting engagements. For higher-end agencies, you may define the scope which often includes market research, business strategy, and putting together a financial plan to help your company allocate resources.

For those raising capital, this is the most important part and where top business plan writers earn their value. According to the Sequoia Capital framework, business plans should present the 'Market Problem' their business addresses and the 'Solution' their business brings to address this. More extensive business plans will cover additional information about how your company will operate.

Every business plan is different and often many will have differing perspectives on the type of market research they would like to see. Typically, however, these will be some of the most important elements:

  • Target Market: In this part of the business plan, companies share information on the market they intend to focus on to provide their product or service. This could be as granular as creating customer personas, or as broad as defining a subcategory as an existing market. To conduct this market research, startups should conduct focus groups and surveys, but for existing companies, this can be based on historical information.

  • Market Size: The purpose of putting the market size in the business plan is designed to articulate the scalability of your market capitalization. For instance, if the size of your market is only $100 M, this means your business is from day one capped at how large it can be. This market research is typically conducted by identifying who your competitors are and then estimating their total aggregate size. There are often third-party market research reports available that you can directly reference in your business plan.

  • Key Trends: In your business plan, key trends often consist of market research you conduct to show that positive trends exist for your company and the industry is moving in the right direction overall. Things often included here include shifts in political environments, technological changes, or cultural changes that occur over a short period.

Not all investors will require that your business create financial projections, especially at an early stage. However, if they do it can be very time-consuming, and if you do not have prior experience preparing models, it may be a good time to get business planning assistance. However, if you do choose to go about it yourself, this guide will help you know what to include in your business plan.

Common things you want to make sure are included:

  • Burn Rate: This is your use of funds by category and how much money are you spending every month, particularly in light of your revenue projections, to help investors understand how efficiently you can manage their investment.

  • Unit Economics: This covers the key assumptions around the profitability of your business and is simply put your Cost of Goods Sold (COGS) in your financial model, but more complexly put, everything that goes into delivering a product or service and this depends on every business. For instance, the COGS in a manufacturing business plan is traditionally the cost of raw materials, whereas many may incorporate additional factors into the breakdown of the unit economics.

  • Scalability: This section of the financial forecast shows how your business will scale by covering the Capital Expenditures (CAPEX) required to do so. For instance, a software company can scale very quickly and indefinitely whereas a manufacturing business scales very slowly and requires larger buildings which tax the balance sheet.

Designing your business plan can be a helpful way to more effectively communicate market research, showcase your product, and represent your company brand.

There are a couple of different options when opting for business plan design.

  • Do-it-Yourself: If you choose to design it yourself, there are a few different options. You can use software, buy a template, or license a design software if you already know how to use it. What you choose will depend on your skill level and time commitment.

  • Hire a Company: There is a myriad of graphic design services online that can help to develop your branding and quickly prepare your business plan design. These companies range in their fees but often charge anywhere from a few hundred dollars to many thousands depending on the level of customization and quality.

After you've done a fantastic job and impressed investors with your business plan, many will continue their research on your company and ask follow-up questions. It is important that your team be prepared for these questions and is often recommended you prepare premeditated responses in your business plan or financial model.

Some common questions are:

  • How did you arrive at your financial numbers?

  • What is your valuation? Are you issuing equity or a SAFE/Convertible note?

  • How did you come up with the idea?

  • What if a large competitor introduces this product or service?

  • How are you different than your competitor? (Note: They will often cite a specific company)

Finding investors for your business is a tedious process that requires intense focus and patience. Many make a mistake by spending a lot of time refining their business plan but then hastily putting together an investor list and pitching their business. Below, we have included top tips to help you find investors:

  • Seek Feedback on your Business Plan: Most investors will not provide feedback on your business plan so it is important to generate this from a service provider (E.g. attorney, business plan consultant) or relationships you have. It is better they catch mistakes than your prospective investors.

  • Rehearse your Pitch: Companies pitching investors should spend time refining their elevator pitch either by using a service or requesting the time of those they have relationships with.

  • Conduct Research: Before you determine who you would like to pitch your business plan to, first research which venture capitalists are 'right' for you. They are often classified by Industry, Stage, Geography, and Business Model. In many cases, they may also be mission-driven and focus on specific groups (E.g. immigrants)

  • Prepare a List: After you have conducted research and shortlisted firms, it is recommended your company prepare a list of those you have determined appropriate for your business. Many use Google Sheets or Excel to help them in their investment marketing efforts.

  • Track your Outreach: Once you have prepared your list, track your outreach efforts so you can keep track of the stage, next steps, and notes with each investment company you have spoken with. Then, continue to build relationships with them over time.