If you need help writing a business plan, you can use our list of the top 15 sites to hire business plan consultants.
Research indicates that businesses with a plan grow 30% faster than those without one. Read on for in-depth information on how to hire business plan experts.
What Is a Business Plan, and How Do Consultants Help With It?
A business plan gives you a road map for your business and a pitch for investors and lenders. According to Investopedia, a solid business plan includes these elements:
Executive summary: Mission statement and information about the company’s leaders and operation details
Market analysis: Target market, competition, strengths and weaknesses, consumer demand
Products and services: Pricing, consumer benefits, product or service lifespan, research and development, patents and proprietary technology
Budget: Costs for development, marketing, manufacturing, staffing, etc.
Financial planning: Information potential investors need, such as financial statements, balance sheets, targets and future projections
Marketing strategy: Details on marketing campaigns and distribution channels
Your company’s business plan is at the heart of what you do every day. Top consultants design a custom business strategy that works with the specifics of your company or revise a plan to align it with today’s enterprise trends.
How Fast Can You Hire Business Plan Consultants?
The U.S. Bureau of Labor Statistics projects that jobs in this field will grow 11% in the next decade, faster than the average for all professions. This statistic indicates the best business plan consultants are in demand. However, a top freelance company like Toptal may be able to get you started within 48 hours.
How To Hire Business Plan Consultants
You can hire business plan consultants on a full-time, part-time or freelance basis. Hiring a full-time or part-time consultant might not be practical or necessary. Once you have a business plan, you can review it periodically, but the task of writing the plan usually ends once you complete the initial project.
Hiring a freelance consultant allows you to:
Choose from a large talent pool.
Find high-quality specialists due to their range of experience.
Save the cost of hiring a full-time employee.
Find talent willing to work on a short-term basis with a fast deadline.
Hire the consultant again as needed for revisions, updates, and restructuring.
What Skills Should You Look for Before Hiring a Business Plan Consultant
When you hire business plan creators, they should possess a combination of relevant hard and soft skills. Look for employees with a demonstrated ability to:
Collect and analyze data
Build up a financial model
Analyze research reports
Design custom business plans with a substantial justification of the conclusions
Work with companies of your size and in your industry
Resolve errors and disparities
In-depth understanding of your company and business goals
How Much Does It Cost To Hire Business Plan Consultants?
Consultants may charge varying rates, and it can be confusing for someone who wants to hire business plan creators. However, the Bureau of Labor Statistics reports the median annual wage for jobs in this category as $93,000. If you're hiring a freelancer on an hourly basis, this figure translates to about $44 per hour.
According to Bizfluent, you can pay anywhere from $1,500-$15,000 for a complete business plan depending on your company's size, the detail you need and the plan’s depth. A business plan is an investment in your future. A solid, well-written plan serves your company for years to come.
Where To Hire Business Plan Consultants Easily
If you have tried writing your own business plan, you probably understand the value top business plan consultants can offer your company. They provide an objective view of your business and may have experience working with other companies in your industry. They can identify your growth opportunities, cash flow management, and eventual exit strategies. They can also determine your strengths so that you can leverage them against the competition.
Things To Consider Before Hiring
However, finding the right site to hire business plan consultants can be daunting with so many choices. Each site has its pros and cons. Keep these questions in mind to decide which company is best for you:
Do you have time to search through profiles yourself, or should you use a company that matches you to the top business plan consultants?
What are your quality expectations?
What is the site’s reputation for finding the best business plan consultants?
Entrepreneurs know that finding the right talent for their business can be intimidating, so use the list of top sites in this article to guide your search for the top business plan consultants.