Four Reasons Why a Business Planning Consultant Can Help Your Organization!

Given the drastic changes in technology as well as the market place, businesses are changing and progressing really fast. The only way to match this pace is to have a strategically oriented plan in place that will help you create a direction for this change. You may not be able to control the pace but you can at least chalk out the road on which it progresses!

Hiring a business consultant can prove to be extremely helpful in such situations. While most of us assume that hiring business consultants is just an additional expenditure that business owners must avoid, this is a misconception. Business consultants are seasoned experts who are familiar with the several situations pertaining to an organization and its growth. Their experience and expertise can come in extremely handy especially in the present day recessionary scenario.

Here are four reasons why hiring a business planning consultant can be a great move for your organization.

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Business Plans For Small Business – 3 Compelling Reasons Why You Must Have One

Business plans for small business people is an interesting phenomenon. Most business owners know they should have one but various research indicates only about 56% of small business enterprises has a current one. This article discusses 3 compelling reasons why you should have one if business success is your prime motivation, which is must be for all of us with our own business.

Read on to uncover the myths of business planning and the easy solutions to create one.

MYTH NUMBER 1: Business Plans for Small Business People Seem Difficult to Construct

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Always Write Your Own Business Plan If You Want to Be Successful

There is no shortage of ways to get your business plan written for you by everything from fly by night super cheap outfits found online to extremely high priced consulting groups who also promise to put you in touch with high caliber investors and escort you around to all the big money outfits. These options all have one thing in common which is that they deprive you of the critical aspect of business plan writing that most new entrepreneurs don’t understand – the business plan writing process is not about the writing but about the planning and that is what you miss out on if you have someone else write your plan.

A lot of people who hire these services do so because they have an idea but they feel they aren’t good writers or that by having it done “professionally” they will have a better chance of being able to raise money than if they were to write it themselves.

The problem with this thinking is that the key elements of the business that the plan is supposed to determine: what edge the company has over the competition, who the customers are and how they will be reached are now going to be left in the hands of the consultant to determine. Since the plan writers have no stake in the business and are only getting paid for the writing they are not going to necessarily take the time to determine the right answer to this or even worry about the feasibility of the answers they provide.

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