Thursday, March 26, 2009

Business Plan Buyer Beware

In today’s world, where so much business is a result of Googling, including those seeking a business plan, the maze of great advice is clearly woven within the top web sites for business plans. However, within good content are flawed templates or software that doesn't result in the goal of obtaining funding for such a large majority of businesses. Our company receives at least one business plan each week from frustrated entrepreneurs that Google business plans and are often led astray. Bankers and investors regularly trash plans using these templates and software types created plans that i) always have unnecessary information not relative to a particular type of business, ii) are missing key information and iii) lack a concise Executive Summary (ES) that has been too often disguised as an Introduction. 95% of investors only want to see a quality ES first!

We are approached by business owners and entrepreneurs that want to raise from $25,000 to hundreds of millions on businesses as diverse as a small restaurant or a wind farm, yet most people expect or inquire on their business plan without offering any information and simple ask "what does it cost to do my business plan" without even knowing a single fact about the planned venture! Cookie cutter plans that get trashed by bankers using templates are offered for the same price by lone wolf so called business consultants...at the same price no matter the plan and goals.

We offer a free consult on draft plans or intentions, where we can quickly pin down your goals and needs and develop a plan within constraints that are deemed viable by bankers and investors. Custom plans can be affordable when a deep team with varied experience in hundreds of businesses is available to be part of your team..

Feel free to ask for more information at tim@thebusinessplanconsultants.com

No comments: