With a decade of experience in creating business plans, we’ve learned a few things about what makes a great business plan. Following are some basic tips to help you get started, as well as who we are and what to expect when you hire MasterPlans to create a world-class business plan for you.
Everybody talks about the importance of a business plan for a new business venture. Before you sit down to get started on your plan, list your expectations from the plan. Do you hope it’ll get you funding? Chart your company’s course for the next 10 years?
Elaborate on the following:
- Key Offering: Details about your main products or services. The focus should be on how it helps consumers solve an important everyday problem.
- Market Analysis: Include relevant data and key insights derived from the data collected.
Don’t forget to discuss strategies—your key plans for main business functions like marketing, distribution, finance, and so on.
- Financial Projections: Expected time for break-even and similar estimates.
- Management: Credentials of the core management team.
Build your business plan around this basic structure. If you’re struggling, talk to people from the industry who can advise you. Wondering who to ask? The expertise of a professional business plan writing firm can be invaluable. Find a reliable firm with a good reputation, like MasterPlans.
What’s MasterPlans, you ask?
MasterPlans is a professional business plan writing company that creates first-rate business plans for companies in every industry. We’ve worked on more than 10,000 business plans since starting in 2002. MasterPlans’ team of business experts from different fields bring a wealth of expertise and understand the specific requirements of a plan.
So why should you choose MasterPlans?
Business plans from MasterPlans are nothing short of excellent. We have a huge portfolio of plans we’ve created for a range of different clients with unique requirements and various types of businesses, so there’s a pretty good chance we’re familiar with your industry. Our excellence and experience truly set us apart.
So what should you expect when you hire MasterPlans?
Meet the team that will work on your plan
MasterPlans will assign a project manager and dedicated team of experts for your plan. You’ll get to know your project manager during an in initial kick-off call.
Convey your expectations
One of the most important activities in the whole process of creating a business plan is initially making sure you and your project manager are on the same page. Be very clear and firm in conveying your requirements and expectations from your plan. Clarity is extremely important.
Leave it to MasterPlans
Once you have briefed the team, MasterPlans will give you the estimated time to come up with the basic plan. If you want to check on the progress of your plan, get in touch with your project manager anytime.
Five days flat
Just five days! That’s all MasterPlans needs to draft a plan. Our Team Planning Model allows a plan to be drafted quickly without compromising on quality. Be ready to review your first draft after that and send any revisions.
Take time to compare the business plan draft with your initial expectations. Make note of things you want to exclude and include, and share it with your project manager.
Continue the revision process
For up to three weeks of delivering the first draft, MasterPlans allows unlimited revisions. If the plan is different from what you were expecting, share your feedback, and we’ll happily revise it. MasterPlans promises to rework your business plan ’til you’re satisfied.
Our systematic approach to each business plan guarantees you’re happy with the end result. We’re committed to create outstanding plans that are compelling—and that will not just convince investors but also put you on the track to success.