Professional Business Plan Writer or Freelance Business Plan Writer?

Business Plan
Paul Borosky, MBA.

Small business owners have scarce resources to invest in the business.  In deciding how to use these resources, a common conundrum for entrepreneurs is deciding whether to hire a freelance business plan writer or invest money in a professional business plan writer.  To help with this decision, Quality Business Plan has come up with a list of pros and cons to help with the decision-making process.

Cost savings for a business plan.

If money is an issue, business owners tend to choose the most inexpense choice.  Choosing between a business plan writer or freelance business plan writer, the most cost-efficient selection is a freelance business plan writer.

      Pro: Freelance business plan writer.

      Con: Professional Business Plan Writer

 

Business Plan for Company Organization.

Business plans have a multitude of uses.  A common application for a business plan is to help small business owners organize their thoughts and ideas about their company.  Freelance business plan writers are usually expert writers.  However, their specialization is journalism or creative writing.  Because of this, freelance business plan writers come up short in supplying needed guidance for company organization.  A better choice is a professional business plan writer with in-depth experience in running a business and deep educational accomplishments in business administration.

     Pro: Professional Business Plan Writer

     Con: Freelance Business Plan Writer

Need Business Plan in a Hurry.

Your boss just asked you to write up a business plan for his company.  Unfortunately, you have not written a business plan since the final class in your business administration degree.  What you do?  Professional business plan writers may take 7 to 10 days to prepare the document.  The time constraint plays into the strength of a freelance business plan writer.

      Pro: Freelance Business Plan Writer

     Con: Professional Business Plan Writer

Business Plan for a Loan or Investor.

A popular reason small business owners need a well-written business plan is for raising capital. Whether the funding source is a bank or investor, it just does not matter.  Entrepreneurs want to project professionalism.  Nothing says professionalism more than a well written business plan by a professional business plan writer.

     Pro: Professional Business Plan Writer

     Con: Freelance Business Plan Writer

Want Business Financial Forecasting.

  As a small business grows, owners seek out new sources of revenue.  However, expanding their company outside of their comfort zone may lead to stress and anxiety.  To lower this uncomfortable feeling, business owners look to pro forma financial statements for guidance as to the profitability of their next venture.  To construct a professional pro forma financial statement, an expert is needed.  From this, hire a professional business plan writer with a significant financial background.

     Pro: Professional Business Plan Writer

     Con: Freelance Business Plan Writer

Really Just Want Any Business Plan.

Startup small businesses often enjoy immediate success in their new industry.  The success too often leads to a desire to emulate other successful small businesses.  In their attempt for emulation, business owners demand a business plan just to have a business plan.  If you find yourself in this situation, where any business plan will do, then the safe bet is to hire a freelance business plan writer.

     Pro: Freelance Business Plan Writer

     Con: Professional Business Plan Writer