My personal experience from owning 40 of my own businesses, and helping many others, No you don’t need one. Many businesses get started without one. Business Pan Writers will try and convince you that you do because they want to make money. 

But  a great strategic business plan will significantly increase your chance for success, because it lets you think through each key elements of starting your business.

One thing is certain, no matter if you are a start-up business, or an existing company, you MUST have a reliable and accurate Financial Plan, with financial forecasts and planning. Especially if you're seeking financing, even if it’s only from family and friends. 

There is a reason why the Financial Plan alone is about 60% of the business plan. Poor financial planning for business is one of the main reasons why small businesses fail and one of the main factors that 93% of business plans are rejected for venture capital.

First, you are 100% guaranteed 3 minor Revisions with in the first 30 days | (whichever comes first) completed without additional charges.

Secondly, things change, and at some point you may wish to change things in your business plan, in fact, it’s good business sense to keep it up to date. In this case you can easily do it yourself on the editable Word document provided, or we can provide you with an estimate if you would like us to do it for you.

No, nobody can guarantee that your business plan will raise capital. Our team of business plan writers and business plan consultants can guarantee that we will work with you to ensure your business plan is feasible and successfully present your company for raising capital from investors or banks.

There are many factors in the decision-making process that are beyond our control. Some main reasons for a high rate of funding rejections are:

1. Poorly prepared plans.

2. Unfeasible business model.

3. Poor personal credit of Entrepreneur

4. Unrealistic and over optimistic financial projections.

5. Lack of experience and knowledge of the business and industry in which the entrepreneur wants to operate

6. Insufficient market research where business is based on opinion and not facts.

Between 5 and 21 working days, depending on the type of plan you want. Its totally depends on you! Our team have completed 100's of business plans, and we have pretty good understanding of  how long it takes to write it.

Once the research and planning is done, and it’s just a case of writing and building the financial model, I estimate 1 hr/page of text plus 10 to 14 hours on financial statement. So 20 pages of text plus roughly 12 hours to build the financial statements comes out to 32 hours of work. Changes can add another 4 to 10 hours, on average.