| The choice of hiring a business plan writer who | | | | hire to prepare them, you are in the right situation to |
| focuses on the writing of the plan and preparation of | | | | work with a business plan writer. |
| the final documents only, versus a business plan | | | | When Not to Hire a Writer |
| consulting firm which can take you through the entire | | | | When you are not in the situation just described, hiring |
| business plan development process, depends on | | | | a writer is putting the cart before the horse. He or she |
| where you are with your understanding of what the | | | | can document what you already know, but this may |
| plan should express. | | | | be documenting a half-formed strategy based on |
| When to Hire a Writer | | | | minimal research. The result may very well be in the |
| If you have a strong handle on how to do the | | | | perfect format and structure, but will not present a |
| research required for your plan (research into the | | | | convincing argument to any funders. |
| industry, customers, competitors, startup costs, etc.) | | | | It is in situations like these where entrepreneurs should |
| and on what a successful strategy for this business | | | | seek a consultant or consulting firm which can |
| will look like, you are probably just in need of an | | | | shepherd them through the rest of the business plan |
| experienced business plan writer to draft it into | | | | creation process. Such a firm can make strategic |
| convincing narrative and prepare the final document. | | | | recommendations about how to act upon the |
| When you can answer the questions required of each | | | | opportunity at hand and how best to present the plan |
| section of the standard plan outline, even jotting it all in | | | | to investors. They can also undergo a great deal of |
| bullet point format, a writer can take you the rest of | | | | research and financial preparation themselves, assisting |
| the way. | | | | those who don't have the ability to do this kind of work |
| Furthermore, if you know how to read financial | | | | easily. |
| statements and can evaluate the work of a writer you | | | | |