Business Plan Consultant for New Orleans, LA.
Quality Business Plan has a business plan consultant and ghostwriter ready to help small business owners in New Orleans, LA., Kenner, LA., Hammond, LA., and Laplace, LA. and other areas.
From assisting the small business owners, our business plan writers have found that specific challenges are faced by business owners. For example, our business plan writers have found that some owners fail to properly develop a cash budget.
A cash budget helps a business owner understand when funds will be received by a company. For some businesses, based on research from her business plan consultant, a cash budget is no different than the profit and loss statement. This is because these types of businesses only deal with cash or credit card sales. Examples of these types of businesses would be retail stores and service industry-type businesses, such as house cleaners and handyman services. However, other types of businesses, like food distribution companies or wholesalers, are required to send invoices to their customers for payment. When this happens, the day and time of payment receipt could be 30 days or more. From this, developing a cash budget as compared to a profit and loss statement is needed.
When a business has a cash budget, they are able to align expected revenues with expenses. In order to successfully created a cash budget, in-depth Excel skills, as well as financial modeling skills, are needed. Fortunately, our business plan writer may be able to assist in developing a cash budget along with your financial statements in a professionally prepared business plan. Just give our business plan writer a call for assistance on this topic.
Business Plan Writer Services Offered to New Orleans, LA., area Businesses
Business Plan Writer
Quality Business Plan's business plan consultants help business owners complete business plans, edit already finished business plans, or even write a business plan from start to finish. Whatever your business plan needs, our business plan consultant is ready to help.
Proforma Financial Projections Consultant
Our pro forma financial projection consultant can also assist area business owners from a financial projection perspective. Specifically, our consultant is able to quickly customize our proprietary financial model to meet the financial projection needs of businesses in most industries. Further, we are also able to substantially modify our model as well for unique situations. No matter what your finance and action means are, we are most likely able to affordably help you achieve your objectives.
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:
Most small business owners do not know the difference between a cash budget and a profit and loss statement. As noted above, the difference between the two documents is not really important for most businesses because payments for products or services are received when services are rendered or products are delivered. However, for industries that invoice customers, understanding the differentiation between a cash budget and a profit and loss statement is a critical concept, especially for businesses in the New Orleans, Louisiana area. From this, our business plan consultant and ghostwriter note that the main difference between a cash budget statement and a profit and loss statement is that the cash budget focuses on when revenues will be received instead of when the revenues are earned. For more help understanding the differentiation between the two documents, just contact our business plan consultant and ghostwriter.
In addition, making big-ticket purchases is almost always examined from the single lens of whether the item purchase, whether it be software, a new computer, or even a building, will assist a business in either making more money or saving money. However, finance choices related to big-ticket purchases are almost as important as the item itself in some cases. For example, our business plan consultant has found that some business owners faced a choice of purchasing land with cash or financing. If an organization has no plans to invest in future projects, then paying cash for building may be an excellent alternative to cash, especially if interest rates are relatively high in the marketplace. In contrast, if interest rates are low and the economy, then even if an organization has excess cash, financing might be the best choice due to tax break opportunities. This is just one instance where financing decisions are almost as important as the big-ticket item itself (5/21).
Benefits of hiring a Ghostwriter:
The benefits of diversity in our society cannot be understated, especially for businesses. Business owners may utilize diversity by gaining better insights into different cultures, approaching problems from different perspectives, and better understanding different cultures to better align products and services through advertising. Unfortunately, though, diversity does pose challenges for businesses, especially in the New Orleans, Louisiana area. For example, when some businesses change advertising to better align with a specific demographic, these activities often are not appealing to other demographics. An example of this would be lowering prices and quality to better meet lower-income individuals. These activities often run against the grain with millennials who prefer high quality and are willing to pay the price. Because of these challenges and more, our ghostwriter may work with business owners throughout the New Orleans area to devise various strategies for better understanding diversity in the area and to come up with strategies to best deal with the findings.