However, the cost largely depends on the required quality of the plan, the complexity of the business plan and the length of the document. Why should you start a consulting business? Some small business consultants meet with clients in person and others work with organizations remotely to assess their objectives and needs to create a strategic plan for business growth. I'm going to assume that you don't want a beginner or even intermediate business plan writer for your business plan. The best way to find a business plan consultant WITH contacts that connect you with venture capital investors is to look for people who have been successful with the process and ask them who they know.
The above tips, along with the processes below, should help you decide how much you will charge for your consulting services and in formulating a pricing guide for consulting firms. You'll learn how consultants set their rates, how much consultants earn per project, how many consultants use premium-based and performance-based contracts, and much more. You can hire a consulting firm to write your business plan, but this is often the highest-cost option. Small business owners can save if they take advantage of counseling or consulting packages that focus on the needs of new and growing business owners.
Teleigha Peavy, from Peavy and Associates Business Services in Duluth (Georgia), says that consulting covers a wide variety of services, such as creating a business plan for new companies, helping to seek funding for start-ups, advice on organization and structure, assistance in managing operations, business development and improving existing business processes, among other services. You can write a business plan yourself to save money and write a business plan just for what your time is worth. You are right to carefully check the references of these types of consultants, and of any type of consultant. For the record, I don't agree that the sole purpose of a business plan is to raise funds for the company.
One of the reasons why consultants start their consulting business is because of the unlimited revenue potential. The vast majority of people who sell business plan consulting services with the promise of getting investors are simply lying.