Business Planning for Established Businesses
Established businesses are different from startups. They have a history. They have products, services, and processes that work, and some that don’t. They have a mix of happy customers and not-so-happy customers. They usually have a small executive management team, some employees, and probably some contractors.
The big difference is that established businesses have something to lose. A new business plan has to transition the business from the old to the new, without breaking all the things that already work.
We work with small businesses, ranging from just one or two employees up to dozens of employees. Our business planning process is intense, thorough, and highly collaborative. We provide an objective view, so your final business plan is based on reality, not pixie dust.
- We work closely with you to understand your goals and vision, and then develop a clear roadmap for your business for the next few years.
- Unlike many of our competitors, we expect — even demand — several iterations. We understand that the first version is rarely perfect. If you are not happy with our work, we aren’t either.
- We question assumptions, perform independent research, and explore and propose alternative ways to help you achieve your business objectives. We are consultants, not just writers.
- If you need to raise capital, we’ll evaluate your business plan from the viewpoint of a prospective investor or partner. Our experience allows us to quickly spot problems and fix them long before you meet with your first investor.
Despite the rumors, business planning is rarely simple. It is inherently nonlinear. By that, we mean it doesn’t follow a neat set of orderly steps, and each step depends on the others, so “minor” changes to one part of the plan can often result in “major” changes in another part, which then cascade through the rest of the plan.
Be sure to avoid these common mistakes when creating a business plan.
We do not offer any fixed price packages and we generally avoid templates. Before we can estimate the fee for completing your business plan, we need to understand your individual situation. This generally requires several conversations about your project goals, timetable, budget, scope, and other issues.
Relatively straightforward business plan projects start as low as $7,500, whereas more complicated projects can easily exceed $20,000. Although we are far from being the most expensive, we are also rarely the least expensive.
Contact Us now to speak with one of our senior consultants.