Business Plan Consultant for New Orleans, LA.
Quality Business Plan has a business plan consultant, pro forma financial projections consultant, and business mentor ready to help small business owners in New Orleans, LA., Kenner, LA., Hammond, LA., and Laplace, LA., and other areas.
Through our experience assisting small business owners, our business plan writers have identified specific challenges entrepreneurs often face. One common issue is the failure to develop a cash budget properly. A cash budget is critical in helping business owners understand the timing of cash inflows and outflows. Cash budgets may closely resemble profit and loss statements for certain businesses, such as retail stores and service industry enterprises like house cleaners and handyperson services. This is because these businesses primarily deal with immediate cash or credit card sales, resulting in relatively straightforward financial transactions.
However, for businesses involved in food distribution or wholesale operations, where invoices are issued to customers for payment, the timing of payment receipt can extend to 30 days or more. In such cases, developing a cash budget becomes essential to manage cash flow efficiently, as it differs significantly from a profit and loss statement. Crafting a cash budget requires in-depth Excel skills and financial modeling expertise. Thankfully, our business plan writers are equipped to assist in developing a comprehensive cash budget and other financial statements, all within a professionally prepared business plan. If you need guidance on this topic, do not hesitate to contact our business plan writer for expert assistance.
By creating a well-structured cash budget, businesses can align expected revenues with expenses, ensuring better financial planning and management. With our support, you can navigate the complexities of cash flow and set your business up for financial success. Reach out to our business plan writer today to get started on this crucial aspect of your business plan (9/23).
Business Plan Writer Services Offered to New Orleans, LA., area Businesses
Business Plan Writer
Our business plan writer, Paul Borosky, MBA, a doctoral candidate, specializes in collaborating with small business owners in the United States and across the globe to craft meticulously written and well-structured business plans. Over 80% of our business revolves around creating business plans; this is our forte. Our business plan writing service offers a variety of business plan packages tailored to cater to the specific requirements of our clients. These packages encompass the spectrum from our express business plan, which spans approximately 16 to 18 pages, to our traditional plan, which often surpasses 30 pages. Key components featured in our business plans include the executive summary, company description, industry analysis, marketing section, funding request page, and pro forma financial projections. Regardless of your business plan writing needs, we offer packages to accommodate your budget, all composed by an MBA professional.
Pro Forma Financial Projections Consultant
Has your business plan already been prepared, but you're grappling with the pro forma financial projections? No need to fret! Our dedicated financial projection consultant can assist you in completing these projections. Our standalone financial projection packages commence with our fundamental pro forma financial projections, encompassing a financial assumption page, 12 months of profit and loss, a 5-year pro forma income statement, and a 5-year balance sheet. Additionally, we offer comprehensive pro forma financial projections, such as our advanced and complete options, which incorporate a cash flow-based company valuation, financial ratios, and 24 months of profit and loss, covering all elements from our basic and advanced pro forma financial projections. Contact us via phone for guidance in choosing the financial projections plan that best aligns with your needs.
What exactly is business mentoring? Many individuals frequently confuse business mentoring with business consulting, although they differ. Business consultants are primarily engaged to address specific issues or carry out tasks within a company, especially when the organization lacks the expertise or understanding to approach these tasks proficiently. Conversely, a business mentor, representing our primary service provides small business owners with valuable insights, perspectives on strategic planning, and guidance over an extended duration. Business consultants enter, perform their contracted services, and then depart. Our establishment, however, concentrates on nurturing enduring relationships with business proprietors. We offer support during the initial phase of their enterprise and throughout its growth and ensuring its sustained success. We extend an invitation for you to get in touch with us to obtain further information regarding our business mentoring services.
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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.
Benefits of hiring a Business Plan Consultant:
Many small business owners lack awareness of the distinction between a cash budget and a profit and loss statement. As mentioned earlier, this difference may not be relevant for most businesses, as payments for products or services are typically received upon delivery or rendering of services. However, understanding the contrast between a cash budget and a profit and loss statement becomes crucial for industries invoicing customers, such as New Orleans, Louisiana businesses.
Our business plan consultant and ghostwriter highlight the primary dissimilarity between the two financial documents: a cash budget emphasizes the timing of revenue receipts, whereas a profit and loss statement reflects revenues when earned, irrespective of actual cash transactions. For a more comprehensive grasp of these distinctions, business owners can rely on our expert business plan consultant and ghostwriter, who are readily available for assistance.
Additionally, when considering significant purchases, businesses usually focus on how the item—software, a new computer, or a building—will either boost revenue generation or save costs. However, the financial decisions accompanying these big-ticket purchases are equally critical in specific scenarios, if not more so. For instance, our business plan consultant has encountered situations where business owners must choose between purchasing land with cash or financing. If there are no plans for future investments, paying cash for the building might prove advantageous, mainly when the market's interest rates are relatively high. Conversely, financing could be the wiser choice in a scenario with low-interest rates and a flourishing economy, even if the organization possesses excess cash due to potential tax break opportunities. This instance underscores how financing decisions carry significant weight alongside the big-ticket item.
For guidance on such vital financial choices and other business planning matters, business owners can confidently turn to our experienced team. Our business plan consultant and ghostwriter empowers businesses with well-informed strategies, elevating their financial management and propelling their growth prospects.