Go Business Plans, for example, charges $1,500 for plan writing and $150- to $300 for review.
The first big decision to consider is whether you want to draft your own plan or you outsource it to a third-party service.
Most importantly, it serves as a roadmap guiding the growth and continued success of your business throughout its next stages.
Writing a business plan is an opportunity to carefully think through every step to achieving your goals for your company.
There are advantages and disadvantages to each, so consider the following when thinking about what's best for your business.
Time – Depending on how quickly you need your business plan, different services offer different turnaround times. The time it takes for revisions to be returned is important as well.A well thought out plan also helps you to step-back and think objectively about the key elements of your business venture and informs your decision-making on a regular basis.SBA's Business Plan Tool provides you with a step-by-step guide to help you get started.Some companies can get them back within a week, while others can take up to two weeks.This can make creating your business plan a multi-week process.You can also use your completed business plan to discuss next steps with a mentor or counselor from an SBA resource partner such as SCORE, a Small Business Development Center (SBDC) or a Women's Business Center (WBC).Complete each section of SBA's Business Plan Tool at your own pace.Save your work at any time and pick up where you left off the next time you log into the tool.Your information will be saved for up to six months after your last login date.Business plan writing software will generally be less expensive than an actual business plan writing service.Software price is structured as either a monthly fee or a one-time price.