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How Much Does a Good Business Plan Cost?

Author: Rasel Ahmed
by Rasel Ahmed
Posted: Oct 28, 2018

Every modern businessman creates a good and deep business plan before starting his/ her new business. As a businessman, you may know the importance of a deep and good business plan. This is considered as the key to the success of the business. Most of the successful businessmen give priority to the business plan in order to avoid the mistakes and problems. As it is the first step of a business, you must pay much attention to the making of the plan. Either you can write it yourself or you can take service from the professionals. But if you’re new to this term of "business plan", then we would like to recommend you to take service from the professionals.

That’s because the plan has a huge importance to your business and you should make it better. And for this, a professional business plan writer or a professional business plan writing agency is the best choice for you as he or the agency has a lot of experience within this sector. You just need to give some information about the business and pay him/ the agency. The writer or the agency will do rest of the job perfectly for you. You may want to know the business plan writer’s cost. Well, in this guide, we’ll try to give a proper idea of the cost.

If you have an idea on how to write a business plan and you wish to write it yourself, then the cost will be the cheapest. You just need to but some tools/ software(s) for doing the job more effectively. Generally, you can make it done within $50- $500. You will find many templates and resources for the job free. You can take a little help from the business plan consultant for proofreading when the plan is done. You may need to spend $50- $1,500 for the review.

The best and the perfect way is to hire a professional plan writer. They have much experience and we assume that they will do the job perfectly within the deadline. They will do the complete research for you and present a perfect guide. Generally, an individual plan writer’s cost starts from $1,500 and varies according to the length of the project. You can also hire a consultant for a better result. We discussed the cost of a consultant earlier.

When your business is medium or big, then it’s hard for an individual writer to do it perfectly as the plan needs much effort. In this case, you can hire a business plan writing firm/ agency. The firm or agency then appoints a team of writer who will do the job together. Basically the firm/ agency charges around $2,000- $10,000 according to the length of the project. You can also hire another business plan consultant for reviewing the plan to make it better.

And the most costly and perfect way for writing a business plan is the combined service. We recommend you to do it only when you have much to invest and your business is big as it costs most. This plan isn’t suitable for small or medium business. For the combined plan, collect the data of the business industry or hire a professional. You may need to pay $500- $1,500 for this. Then hire a professional firm/ agency for creating the plan. After that, hire a private consultant for the review. The costs of the consultant and the firm/ agency are mentioned above. Though the cost of this procedure is much, but you get the best and mistake-free business plan for your business which is the key to your success. It’s not a bad idea to pay that much money when you have a bigger business.

About the Author

I am Rasel Ahmed. I am come from Dhaka Bangladesh. I am a Digital Marketer. I am working in this field last three years Five months.

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Author: Rasel Ahmed

Rasel Ahmed

Member since: Sep 30, 2018
Published articles: 3

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