Preparing Your Business Plan
So you’ve finally reached the stage of preparing your business plan. And of course, you need it in English, so read on…
If you're new this area, you might like to read first Why a Business Plan, which is a short introduction about what the business plan is and how it can help you. Here, we explain the stages of preparing your business plan, step by step, towards getting a first class plan ready to give to your investors.
In a hurry? No time to read this right now? Then go straight to the Business Plan Summary, which lists just the main points and you can come back here when you're ready.
The structure of business plans varies from case to case. The plan's format may be dictated by whoever is requesting it and is linked to the business objectives required. A business plan will typically contain the following sections:
At Highwrite we can build you a business plan on an international level, in accordance with your needs, resources and budget. We can write you a professional and polished plan while keeping costs reasonable by using your abilities wherever we can. We will guide you towards supplying us with the raw information we require, so we can build this information into a comprehensive business document using our qualified financial, marketing and business writing experts.
Stage I – Requirements Definition and Collection of Information
The cost of preparing a business plan varies according to criteria such as the sections included, the amount of text written for each section and the degree of thought and planning already given to what each section will contain. Some companies charge $10,000 or more for preparing a business plan and include services like business consultancy, financial planning and market analysis.
In our experience however, many start-ups and established companies don't want to purchase these services and are looking for outside help in organizing the information they have in their heads or written down in an unordered way and to build it into a coherent, convincing business case.
At Highwrite, the cost of a comprehensive business plan that includes the main sections needed will normally cost less than $3000 because we make use of the thinking and analysis you have already done and where more information is needed, we guide you towards the process. We get the information from you, analyze it, consolidate it and write it up in English, in a clear, focused and convincing way, to produce a high quality result on a reasonable budget.
Investment in a business plan can benefit you in other business systems too. For example, the description of the company can be adapted to your company profile on your website. Similarly, solutions descriptions, competitive advantages and the description of the management team can also be the basis for brochures and web content.
There are other materials Highwrite can build to advance your company's business at the stage of raising capital investments and later. These include business plan presentations, other business presentations, website content and more.
See also:
For more information about preparing your business plan and our other English business writing services, contact us today.
Items Included in the Preparation of the Business Plan
The structure of business plans varies from case to case. The plan's format may be dictated by whoever is requesting it and is linked to the business objectives required. A business plan will typically contain the following sections:
- Executive summary (500 - 1000 words)
- Description of the company (250 – 500 words)
- Description of the product or service (500 – 1000 words)
- Market analysis including market size, competitors, competitive advantages over the others (500 – 1000 words)
- Management team (100-500 words)
- Development plan for 2-3 years ahead
- plan and business development strategy for 2-3 years ahead
- Financial tables including profit and loss, cash flow, investments and other appropriate financial information
Writing the Business Plan
At Highwrite we can build you a business plan on an international level, in accordance with your needs, resources and budget. We can write you a professional and polished plan while keeping costs reasonable by using your abilities wherever we can. We will guide you towards supplying us with the raw information we require, so we can build this information into a comprehensive business document using our qualified financial, marketing and business writing experts.
Stage I – Requirements Definition and Collection of Information
- You bring us any raw material you already have.
- We ask you specific questions to get more information.
- You will need to do some more thinking to give us the answers we need.
- You might need to do a little bit of research to find out things like competitors and market size.
- We analyze the information you have given us and clarify any points necessary.
- We present you with a framework of the sections to be included for your approval.
- We build a first draft of the business plan for your review and feedback.
- Our financial adviser reviews the financial tables and makes comments if necessary, for you to address.
- Our marketing adviser reviews your marketing plan and he too might makes comments for you to address.
- We implement all comments and produce an intermediate version or two, on the way to completion.
- We produce the final version.
Cost of the Business Plan?
The cost of preparing a business plan varies according to criteria such as the sections included, the amount of text written for each section and the degree of thought and planning already given to what each section will contain. Some companies charge $10,000 or more for preparing a business plan and include services like business consultancy, financial planning and market analysis.
In our experience however, many start-ups and established companies don't want to purchase these services and are looking for outside help in organizing the information they have in their heads or written down in an unordered way and to build it into a coherent, convincing business case.
At Highwrite, the cost of a comprehensive business plan that includes the main sections needed will normally cost less than $3000 because we make use of the thinking and analysis you have already done and where more information is needed, we guide you towards the process. We get the information from you, analyze it, consolidate it and write it up in English, in a clear, focused and convincing way, to produce a high quality result on a reasonable budget.
Use of Parts of Your Business Plan Elsewhere
Investment in a business plan can benefit you in other business systems too. For example, the description of the company can be adapted to your company profile on your website. Similarly, solutions descriptions, competitive advantages and the description of the management team can also be the basis for brochures and web content.
Other Investor Materials
There are other materials Highwrite can build to advance your company's business at the stage of raising capital investments and later. These include business plan presentations, other business presentations, website content and more.
See also:
For more information about preparing your business plan and our other English business writing services, contact us today.
