Watch Business Plan Writer for Chicago

Video Transcript

Introduction

Hey y’all, my name is Dr. Paul Borosky, MBA, and I’m the owner of Quality Business Plan. Today, I want to talk to my Chicago-area business owners and entrepreneurs about why it’s so important to have a professionally prepared business plan ready at a moment’s notice.

In this video, I’ll first share a bit of background about who I am, what I do, and why I do it. Then, I’ll outline a few key benefits of keeping a well-prepared business plan on hand—whether you’re launching a startup, managing an existing business, or planning to expand.

Benefit #1: A Business Plan Is the Foundation for Your Strategic Plan

Your business plan and strategic plan are two distinct but connected documents.

• The business plan explains what your business does, how it operates, where it’s located, why it exists, and how much funding it needs to succeed or expand. It also outlines projected revenues and profits.

• The strategic plan, by contrast, acts as your roadmap. It defines where you want your business to be in five years and sets milestones for the next three years, one year, six months, and beyond.

In other words, your business plan is your vehicle—it describes your business capabilities. Your strategic plan is the route that guides you toward your vision. You can’t create a clear roadmap without first understanding your vehicle.

Benefit #2: Competitive and Industry Analysis

A well-prepared business plan also includes external research, such as industry trends and competitor analysis.

This research helps you understand who your competitors are, what they’re doing, how they’re performing, and how customers view them. Having current, detailed information about your competitive environment positions you to make smarter decisions and identify growth opportunities.

Benefit #3: Clarity, Professionalism, and Credibility

A professionally written business plan ensures that you can clearly explain your business—what it does, how it operates, and how it plans to grow—anytime you need to.

It’s not just a document; it’s a communication tool that builds confidence with investors, lenders, employees, and partners. When your plan is clear and consistent, you project professionalism and earn credibility.

Summary and Closing

To summarize:

• Your business plan lays the foundation for your strategic plan.

• Together, they show what your business does and where it’s going.

• A professional business plan provides clarity, consistency, and credibility—essential for funding, growth, and day-to-day operations.

So, whether you’re starting, growing, or expanding a business, make sure you have a professionally prepared business plan ready. It helps you stay organized, communicate effectively, and tell your story in a clear, compelling way.

If you need help, reach out to me, Dr. Paul Borosky, MBA.

As always—go out, make a little money, and have a great day!