Business Plan Consultant for Chicago, IL.
Quality Business Plan's professional business plan consultant and pro forma financial projection consultant offers services to small business owners in Chicago, IL., Gary, IN., Oak Lawn, IL., and Oak Park, IL.
Our business plan consultant has found that small business owners in Chicago, IL., area often need assistance with horizontal growth. Horizontal growth is when a small business owner decides to eliminate the middleman and perform more of their operational functions themselves.
An excellent example of this would be when a small business owner decides to hire an accounting staff. When doing this, the company no longer needs its subcontracted accountant. Decisions relating to horizontal growth should be made only after careful strategic planning is done related to the benefits and cost of the actions. For example, some business owners tend to take on an accounting department before the costs justify the move. With the help of our business plan writer and consultant, we can help make financial models to show the point at which making this change is necessitated. This is just one of the many areas in which our business plan consultant can assist small business owners in the Chicago, Illinois, area.
Local Chicago Areas We Offer Our Virtual Business Plan Consulting Services:
- Chicago, IL.
- Arlington Heights, IL.
- Joliet, IL.
- Oak Park, IL.
- Naperville, IL.
- Aurora, IL.
- Orland Park, IL.
Business Plan Writing Services offered to Chicago, IL., area Businesses
Business Plan Writer
Quality Business Plan offers Chicago, Illinois, small business owners a multitude of business plan writing services. A popular business plan writing service would be our custom business plans. Customer business plans are categorized into four packages which would include our express business plan, express plus business plan, traditional business plan, and complete business plan. Each business plan package is priced according to the quantity of information included. For example, our complete business plan is steeped with industry research, company description, financial projections, and financial ratios. In contrast, our express business plans, which are typically ready in about three business days, include brief descriptions of the company, a moderate amount of industry research, an organizational structure chart, and financial projections, which includes financial assumptions, 12-month profit, and loss statements, and five-year pro forma annual projections. This strategic structure allows area entrepreneurs to select the business plan writing package that best meets their individual and company needs. Further, if a business owner deems more information is needed, our clients can always upgrade their business plan to the next level and pay the price difference between the previous plan and the current price of the new one (8/22).
Proforma Financial Projections Consultant
One of the hardest aspects of writing a business plan is the pro forma financial projections or financial forecasting section of the plan. Because of its inherent challenge, have our financial projection professional design a financial model customized for your business and industry.
Call or Text Paul MBA. Now
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.
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Benefits from hiring a Business Plan Consultant
Our business plan consultants offer a multitude of benefits to our clients in the Chicago, Illinois, area. A significant business benefit that we offer would be assistance with vertical integration. Vertical integration is one a small business owner starts or purchases a company that provides complimentary services. An excellent example of this would be when a home repair company acquires a lawn service company. Both organizations have client bases, and both firms neither workers to go to the customers’ homes. From this, there are numerous overlapping costs and benefits of a merger. However, a thorough financial analysis is needed. With this said, make sure to contact one of our professional business plan consultants for assistance in devising financial models and business plans to determine optimal results from your conceived actions.
Also, some small business owners, especially in the Chicago area, struggle with including depreciation in their pro forma financial statements. The difficulty with depreciation is that equipment, buildings, and other depreciable assets depreciate at different time frames. To help mitigate this problem, our business plan writer has designed a financial model that allows for two separate depreciation schedules. The structure enables business owners to better align their depreciable objectives and maximize profits based on the strategy.
Assistance from our Pro Forma Financial Projection Consultant
As you can imagine, businesses are started by business owners looking for a return on their investment. However, the return on investment expected by individual business owners varies depending on the industry, owner's expectations, and other factors. To increase the likelihood that your return on investment expectations are exceeded, our financial projection consultant recommends the continued use of a customized financial model. A customized financial model will allow you to put in various variables such as your sales price, cost of goods, and fixed costs into various sections of the model. Once complete, a good financial model will then calculate your net profits for the month and/or year, as well as find important financial ratios for your company, such as return on investments. For more help with creating a financial model, just contact our financial projection consultant.
Common Financial Statement and Financial Projection Questions.
“How do I compare my financial results with those of local competitors?”
Most business owners, especially in the Chicago area, based on research from our business plan consultant, 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’s. In this research, a business owner may use a concept called common sizing. In common 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 own financial statements. Once this is complete, a Chicago area business owner can then 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 Consultant.
Our business plan consultant is often asked common questions concerning a professionally written business plan. Here are some of the more popular questions asked.
“What is the sense of mission marketing?”
Sense of mission marketing is when a business owner attempts to advertise the social mission of an organization as compared to its products and services. In other words, the business is trying to educate customers as to the social benefits of using their products or services instead of trying to sell 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, which would lead 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.
A popular entity to assist Chicago startup businesses with business plan writing, as well as mentoring services, is the local Score Mentor Chicago location.
Score Mentor Chicago
Score Mentor Chicago is located 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 be offering workshops about unlocking business success through active customer service, persuading anyone with a masterful standup presentation, and guarding against business scams. Anyone of these workshops may help a business owner better write their business plan. For example, effective customer service workshops are an excellent starting point for writing the customer service expectations section of the business plan.