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‘How to write a great business plan?’
Honestly speaking, it is one of most asked questions I’ve been asked on platforms looking for business plans writers for hire.
First thing first: good business plans help you run your company with efficiency while a great business plan ensures its sustainability.
There’s a wide variety of business plan formats available on the internet that work just fine. However, picking a business plan format that works for your special needs or your client’s business is a tough nut to crack.
In this post, I’ll guide you through every step and tell you how to do that.
Stepwise Guide to Write an Influential Business Plan
My guide serves both the writers and companies looking for business plan writers for hire.
Step 1: Add the executive summary
It might not seem important to you as a business, but your reader wants to know about your company. An influential business plan should include executive summary telling what makes it unique and why it will be successful.
I’m leaving a few pointers for you follow:
- Mission statement
- Product description
- Leadership brief
- Introduction to your team
Step 2: Write company’s description
You, or the business plan writer you have just hired, can take this area to provide detailed information about the company.
Be specific but also provide the brief of issues that are solved because your business exists. As such, add a list of consumers that are benefitting from your services or products. Give details of organizations your company already serves (or is planning to serve).
Step 3: Present market analysis
Competitive research, also known as market analysis, shows a roadmap of what your competitors are doing and how you plan to outdo them in the future.
The best way to present market analysis is to add the strengths of your competitors as well as trends.
Step 4: Brief about management
Successful business plan writers always provide a brief introduction of the management and organization’s funnel.
- How does you company manage day to day tasks
- What are your resources
- What tools are you using
- How do you measure growth
- Who is accountable for what
These are some of the areas that you should look into and try to answer them in your business roadmap.
Step 5: Showcase the services or products
Too important to miss. The products and services are the soul of every business — never ever write a business plan without mentioning it. Give it a separate space, take great time in drafting, and come up with something that inspires.
Step 6: Project your finances
This step is for businesses that are already up and running. If your company is established, here are few things you should add to project your finances:
- income statements
- balance sheets
- cash flow statements
This data should be at least two years old. It helps you show that your plan is successful and helping other industries and consumers. It builds a trusting relationship between the investor and the company.
Step 7: Explain why funding is required
Remember why you’re writing this business roadmap in the first place — you’re trying to get funding for your company.
Clearly outline your funding requirements without leaving any loophole. Be open to questions but leave no gap for any.
Explain as best as you can. Be bold about how much funding your business requires and how you’re planning to utilize it in the next few years.
Bottom line: if you don’t feel comfortable writing your own business plan. You can find someone who knows how to do it. Just type ‘business writers for hire‘ in the search bar and you’ll have several experts who are ready to take this challenge for you.
