Business Plan Consultant for Chicago, IL.
Quality Business Plan's Dr. Paul Borosky, MBA, is a professional business plan consultant, pro forma financial projection consultant, and business mentor who offers services to small business owners in Chicago, IL., Gary, IN., Oak Lawn, IL., and Oak Park, IL.
Small business owners in the Chicago, IL, area face numerous challenges unique to their local and regional markets. For example, the average commercial rent in Chicago has increased by over 5% in the past year, according to recent market reports. This trend strains small businesses, reducing profit margins and limiting growth opportunities.
Rising rent costs can reduce small businesses' ability to hire staff, invest in inventory, or expand operations. Failure to manage this issue effectively can lead to financial instability and, in severe cases, force businesses to close or relocate to less desirable locations.
How Dr. Paul Borosky, MBA Can Help: Fortunately, Quality Business Plan’s Dr. Paul Borosky, MBA, has extensive experience addressing these challenges. Dr. Paul's professionally crafted business plan can help small businesses identify cost-saving measures, optimize pricing strategies, and secure funding to offset increasing rent costs. The plan provides a roadmap to maintain profitability while navigating the high-rent market.
Our business consulting services can further support small businesses by implementing operational efficiencies, identifying alternative revenue streams, and negotiating more favorable lease agreements. Together, these services empower business owners to stay competitive in Chicago’s challenging market.
Don’t let rising rent costs or other common issues jeopardize your business. Quality Business Plan is here to help with this issue and more, including financial planning and growth strategies. Contact us today for a comprehensive business plan, consulting services, or financial projections to navigate these challenges and secure your business’s future (12/24)!
Local Chicago Areas We Offer Our Virtual Business Plan Consulting Services:
If you're a business owner in the local Chicago area, including Arlington Heights, Joliet, Oak Park, Naperville, Aurora, or Orland Park, our business plan consulting services are tailored to your needs. We understand businesses' unique challenges and opportunities in these vibrant Chicago suburbs. Our experienced business plan consultant is equipped to provide virtual consultations, delivering strategic insights and expert guidance to help you develop a comprehensive and effective business plan. Whether you're a startup seeking funding or an established business aiming to expand, our services are designed to support your specific goals.
With our virtual approach, you can save time and resources by eliminating the need for in-person meetings. Our consultants utilize digital tools and technologies to ensure seamless communication and collaboration. Don't let geographic barriers hinder your business planning efforts. Our virtual business plan consulting services bring our expertise directly to you in Chicago, Arlington Heights, Joliet, Oak Park, Naperville, Aurora, or Orland Park. Contact us today to schedule a consultation and unlock the potential of your business in these local Chicago areas.
Business Plan Writing Services offered to Chicago, IL., area Businesses
Business Plan Writer
Quality Business Plan provides a wide range of business plan writing services for small business owners in Chicago, Illinois. Our custom business plans are a popular choice among entrepreneurs. We offer four distinct packages to cater to different needs: express business plan, express plus business plan, traditional business plan, and complete business plan. Each package is priced based on the depth of information included.
Our complete business plan package is comprehensive, featuring extensive industry research, a detailed company description, financial projections, and financial ratios. On the other hand, our express business plans are designed for efficiency and are typically completed within three business days. They include concise company descriptions, moderate industry research, an organizational structure chart, key financial projections such as financial assumptions, 12-month profit and loss statements, and five-year pro forma annual projections.
This flexible structure enables entrepreneurs in the Chicago area to select the business plan writing package that aligns with their specific needs. Clients can upgrade their business plan to the next level if additional information is desired by paying the price difference. Choose Quality Business Plan for tailored and comprehensive business plans that meet the unique requirements of your Chicago-based business (6/23).
Pro Forma Financial Projections Consultant.
The importance of pro forma financial projections when starting or expanding a business must be balanced for small businesses in the Chicago area. These projections demonstrate the organization's anticipated revenues, profits, and financial performance over the coming months and years. While this is a well-known purpose, our pro forma financial projection consultant has discovered that Chicago area business owners also utilize these projections for other valuable reasons.
For instance, when businesses plan to expand their services, they often engage our services to develop their business plans and pro forma financial projections. These comprehensive documents can then be utilized to secure funding from investors or financial institutions. Additionally, the completed pro forma financial projections are valuable for evaluating whether purchasing or leasing large equipment is viable. Our capital budgeting financial model assists in making informed decisions in this regard.
If you need more information on pro forma financial projections or any other related topics, please don't hesitate to contact our experienced pro forma financial projection consultant. We are here to provide expert guidance tailored to your specific business needs.
Business Mentor
What is business mentoring? Some people confuse business mentoring with business consulting. However, these two are pretty different. Companies usually hire business consultants to help solve specific problems or to complete a job. This happens especially when the company does not know how to do that job alone. For instance, a company might ask a business consultant to help improve how they make things or to help keep more of their workers.
Conversely, a business mentor, like what we provide, gives small business owners helpful advice, ideas for the future, and support for a long time. Business consultants come in, do their job, and then leave. However, Quality Business Plan's business mentor aims to build and maintain strong relationships with small business owners all over the US. This means we support you when you start your business when it gets more prominent and ensure it stays successful. We'd like you to contact us to learn how we can help your business with mentoring.
Call or Text Dr. Paul, MBA. Now
321-948-9588
Email: Paulb@QualityBusinessPlan.com
Hours of Operation: Monday through Friday, 8 am to 9 pm EST.
Our business plan writers are located in Orlando, FL. We have researched and written business plans for numerous businesses in the US.
CLICK HERE TO CONTACT US TODAY!!!!
Benefits of Dr. Paul's Business Plan Consulting Services
In December 2024, Chicago entrepreneurs Sara McCall and Tim Mann launched Kiss, a pop-up natural wine bar hosted every other Sunday at Cellar Door Provisions in Logan Square. Kiss offers a curated selection of natural wines priced at $10 and under, complemented by a menu of small plates. The venture has garnered significant attention, with plans underway to establish a permanent location in Ukrainian Village.
As Kiss transitions from a pop-up to a brick-and-mortar establishment, developing a comprehensive business plan is crucial for managing growth, securing funding, and ensuring long-term success. Dr. Paul Borosky, MBA, owner of Quality Business Plan, specializes in crafting professional business plans tailored to the unique needs of small businesses. With over 12 years of experience, Dr. Borosky offers services that include detailed business plans, pro forma financial projections, and strategic consulting. His expertise can assist ventures like Kiss in effectively planning for expansion, attracting investors, and strategically positioning themselves in the competitive Chicago market.
Assistance from our Pro Forma Financial Projection Consultant
Pursuing a favorable return on investment is a primary motivation for business owners embarking on entrepreneurial ventures. However, the specific expectations for return on investment can vary significantly based on industry, individual aspirations, and other pertinent factors. Our financial projection consultant strongly advocates the continued utilization of a personalized financial model to enhance the likelihood of surpassing these expectations. This tailored model empowers you to input variables, such as sales price, cost of goods, and fixed costs, into relevant model sections. Once the inputs are complete, the robust financial model calculates your net profits for specified periods, providing valuable insights into financial performance. Furthermore, it generates essential financial ratios, including return on investment, valuable benchmarks for evaluating your company's financial health. Don't hesitate to contact our accomplished financial projection consultant for expert assistance in creating a comprehensive financial model.
Common Financial Statement and Financial Projection Questions.
"How do I compare my financial results with local competitors?"
Based on research from our business plan consultant, most business owners, especially in the Chicago area, periodically conduct competitor research. This research may include googling competitors or even visiting their facilities. However, very few business owners attempt to compare their financial information with public organizations in the same industry. For example, a retail store clothing owner may seek out financial statements from public companies like JCPenney. In this research, a business owner may use standard sizing. In standard sizing, the business owner transforms a competitor's financial statement into percentages using revenues or total assets as a denominator. Next, the business owner would follow the same practice with their financial statements. Once complete, a Chicago area business owner can compare line item percentages with larger competitors to determine whether their company is running on the same plane of efficiency as large operators.
Common Questions for Business Plan Consultants.
Our business plan consultant is often asked standard questions about a professionally written business plan. Here are some of the more popular questions.
"What is the sense of mission marketing?"
Sense of mission marketing is when a business owner attempts to advertise an organization's social mission compared to its products and services. In other words, the business is trying to educate customers about the social benefits of using their products or services instead of selling the actual items. An advantage of this practice is that business owners can attract like-minded or valued customers. A challenge with this practice is that it may alienate other demographics, leading to a reduced broad appeal for the organization. With the help of our business plan consultant, we may be able to work with Chicago area business owners to devise a sense of mission marketing that helps promote the company's social mission while mitigating the alienation effect.
Startup Business Help in Chicago, IL.
The local Score Mentor Chicago location is a popular entity that assists Chicago startup businesses with business plan writing and mentoring services.
Score Mentor Chicago
Score Mentor Chicago is at 500 W. Madison St. in Chicago, IL. The organization's website offers insightful information and opportunities for local businesses to learn and grow. Specifically, our business plan consultant recommends that area business owners attend one of their many workshops. For example, in the next several months, the organization will offer workshops about unlocking business success through active customer service, persuading anyone with a masterful standup presentation, and guarding against business scams. These workshops may help a business owner better write their business plan. For example, practical customer service workshops are an excellent starting point for writing the customer service expectations section of the business plan.