A business plan for nutrition consulting can be a dynamic and engaging document, but it might not need to be depending on who you're presenting the plan to. A bank's loan officer who is authorized to extend a loan backed by the Small Business Administration will be most concerned with your personal creditworthiness, collateral, and past business experience – whether the business can make the revenues you're projecting is also important, but a tidy set of pro forma tables can lock that down. What's most important to a reviewer like this is that you make a concise presentation that's easy to review. An investor however might be more intrigued by the details of market opportunity, competitive differentiation, and industry metrics for their investment. An angel plan for a nutritional consulting business should define:
• The people you will target for services
• The commonalities you envision amongst your customer base
• As you would define it, what is the market need here?
• What marketing techniques can drive service adoption?
• Who are the people required, besides yourself, for the staffing plan?
There is a considerable amount of market research available to business people just starting out in the nutritional consulting market space. Industry journals, newspaper reports, and other market research sources can be found online for little cost – just make sure you search for the most current statistics available. Some of the “baseline†figures about sales prices and profitability ratios should be used to help guide your own pro forma, which for investors will need to show five years of projected revenues and expenses. MasterPlans has the expert team in house to help you complete this business plan. We have written for many nutrition companies since 2002, and have more than 11,000 plans in our database. Call a consultant today at 877-453-2011.
