An online consulting business plan is used by a business that offers its services as a consulting firm that operates online. This can take many forms, so defining your “service suite†is an important first step in the business plan itself. What sort of consulting can you offer? Does your firm have consultants who are trained in a given discipline, have specific certifications or educational backgrounds, or a set range of experience in a certain industry? If you have a staff of accountants who can review business financials remotely and provide guidance online about how to file taxes and so forth, that gives you a different market base than if you offer web development strategies for start-ups trying to grapple with cost-per-click marketing. Given that premise, make sure your plan covers:
• What are your business specialties?
• How many employees do you have and how do you pay them?
• What is your target market – demographically, geographically, etc.?
• Do you work with consumers or just SMBs?
• What is the timeline for start-up?
The business plan needs to outline the planned use of funds and show how you will cash flow any loan you take on during start-up. Make sure that you've plotted out reasonable loan terms that align with what SBA-backed banks are currently offering. And, of course, for an investor plan you should be able to show that you can offer the investors a suitable return on investment depending on the share you'll offer them up front. Your pro forma needs a reasonable assumptions list, a break-even and sales ramp-up that fit with prevailing industry standards, and a tidy net profit in Year 3 or Year 5. Need help getting to this place with your model? Want to talk to the experts? MasterPlans has worked on more than 11,000 business plans since 2002 and we can help you get your plan in order in no time. Call 877-453-2011 today.
