How much do professional business plans cost

Business planning is not an end product or goal for our company. Obviously, it will cost a great deal more -- in time and money -- to compile a document of this nature.

how much do professional business plans cost

I also strongly agree with your point 3, that anyone trying to sell you funding services upfront— i. This plan is priced anywhere from R2 500 to R6 500 by many business plan consulting services throughout South Africa. Some private consultants charge by the hour and let the client decide how many hours to budget for the work.

It is normally anything between 25 to 35 pages with financials included. The main factors that determine the total cost of producing the plan include the length of the plan, the amount of time the business invests in the document, and the tools or services used. The best it can do, for raising funds, is accurately describe the business and its plans. And that is why I succeed.

how much do professional business plans cost

About the Author I am a professional writer, editor and business consultant with a background in public education. Deb McClanahan says: Get 10 names and check with all of them. Your email address will not be published.

Should You Bring In A Consultant To Help Develop Your Business Plan?

The whole purpose was to establish how the services are priced by different companies but today I want to take a different approach to it. Have you ever started a business before? Either way, whether I work remotely, onsite, with or without the consulting package along side the planning package, it is the same process that I have developed and refined over the last 20 years.

A lengthy plan with three years to five years of financial projections may still cost several thousand dollars, but the total cost can be much less than hiring a firm because only one or two individuals are doing the work.

How Much Does a Business Plan Cost?

Keep in mind that good consultants are in high demand and charge accordingly. What is the market potential for your business idea, and how much of that market do you want to capture?

how much do professional business plans cost

Decide what type of business plan your company needs in order to help determine the cost of the plan. You can hire a consulting firm to write your business plan, but this is often the highest-cost option.

How much does a business plan cost in South Africa?

I have lost almost 300 games. Share on Facebook. On the other hand, a business canvas is a short snapshot of your company, typically only one page in length. If you are just toying with an idea, or have not invested much time in research and planning, you may not be ready to think about a business plan.

This is the plan that would be needed for finance usually above R1 million.

how much do professional business plans cost

September 17, 2010 at 9: To start, I am sure you will agree that good business planning has strong involvement of the customer to have a successful plan to run a company and then someone can adapt the main plan for investors, bankers, strategic alliances, etc.