Why a Business Plan Review?
Let's face it. Times are tough and money is tight. So you've saved money by avoiding business consultants, and you created your business plan yourself. But before you show the business plan to investors or lenders, ask yourself a few key questions:
Is your business plan realistic? Or is it just a pro-forma exercise that you went through because you read it in a book? A pro-forma plan without real data, real analysis, and real planning is not going to do you much good. In fact, it could give you a false sense of security that will lead to problems down the road.
How does your business plan stack up against the competition? Have you done a thorough competitive analysis to see how your products and services will fit in the marketplace?
Have you clearly communicated your business value proposition? Does anyone understand it besides you?
Is your business plan internally consistent? Is your marketing budget sufficient to drive the revenue growth you projected?
Do your pro-forma financial projections include all the business expenses you'll have to deal with?
Is growth tied to reasonable milestones or achievements, or do you just have a hockey stick revenue curve?
Are your financials presented in a way that bankers and investors understand?
Will you have enough cash on hand to get through the first year if things don't go as planned? Have you done any scenario or contingency analysis?
Do you have all the right skills to make this venture work, or are you
missing one or two key elements?
Are you being honest wih yourself?
Just a few hours of professional help could save you thousands of dollars.
Business Plan Review Package
We talk to hundreds of entrepreneurs every year. We also talk to dozens of bankers and investors so we know what they are looking for.
Bankers and investors see hundreds of business plans every year. If anything smells fishy, they move on to the next plan. Just one or two "tiny mistakes" in your plan can leave you empty handed.
Our business plan review service package (now just $395) includes:
- An 18 point business plan scorecard. The scorecard covers all major aspects of the business plan: business model, value proposition, marketing plan, financial projections, and much more.
- A detailed 2-3 page review of the business plan. The business plan review complements the scorecard results with additional insights and feedback.
- A 60-minute phone or in-person consultation. The personal consultation covers the business plan review as well as helpful suggestions on how to improve your plan.
Still have questions?
Call 312-726-1981 now to get your
business plan on the right track!
