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What does it cost to write a business plan? Business Plan Preparation | Coaching | Business Plan Review | Virtutal Advisor | How to Write a Business Plan | Business plan preparation fees depend on several factors including the complexity of the venture and how much research and writing has already been completed by the client. Our fees range from $2,500 to $12,000. After the scope of a project has been agreed to by both the entrepreneur and ourselves, we determine a firm fee commitment. We require 40% of the fee at the beginning, 40% when the draft of the business plan is completed, and the remaining 20% when the final business plan has been accepted. Business Plans usually can be completed in 30 days.
If you would like to get an estimate of what the fee would be to prepare your business plan, here's a worksheet we use.
1. Stage of Company
Start-up--------------------------------------- 3 points
Established company seeking Mature company considering Large company using business plan 2. Type of Capital Preferred
loan from a commercial bank or SBA loan--------- 1 point
Loan from private lender------------------------ 2 points
Venture Capital -------------------------------- 5 points
Private investor ------------------------------- 5 points
Acquisition Firm ------------------------------- 6 points
3. Project Description
Business Plan Drafted by Client just needs Business Plan has been substantially Business Plan has been partially None of the Business Plan has 4. Scope of Company's Business
One product or service ------------------------- 1 point
Multi product or several divisions-------------- 6 points
Diversified company with several 5. Market Analysis Required
Client has complete information on customers, Information not completed by client market information is not available and
must be completely researched --------------------- 8 points
6. Client Availability
Client is easily available --------------------- 1 point
Client is usually available -------------------- 2 points
Client is difficult to reach ------------------- 5 points
7. Financial Data
No historical financials to analyze Basic Financials provide by client All financial projections completed Substantial financial history to be Historical Date must be recast by Narrative Section of Business Plan
Company's operations easily understood Company is in a technical field which Highly complex project which requires Client Profile
Client has written business plans before -------- 1 point
Client has owned, managed or This project is client's first The Higher the point total the more difficult and time consuming the business plan will be and therefore the fees will be higher. Please contact Brian Hill or Dee Power contact @ capital-connection . com
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