If you're wondering what the price is business plan, then you are in the right place. In this short article you will learn what the price list of a business plan writing (creation) service depends on. In addition, you will know who can complete your project, and who it does not make sense to contact in your case.
Typically, a business plan is created with a view to obtaining financing. For example, through a grant, loan or from a private investor.
For example, if the document is created for a grant from the labor office (about PLN 30,000), it is obvious that the contractor will not price it more expensive than PLN 2 - 3 thousand. Considering the level of the grant, 10% of its value seems to be the maximum acceptable price.
What is different if we are trying to subsidy from EU funds at the level of one million zlotys, a multi-million dollar loan or similar scale financing from private investors. Then a higher valuation is most justified, because much more depends on the quality of the document. In particular, how the above-mentioned institutions will assess the business. So, both the scale of the planned project and the purpose of the document itself are important.
Ideally, ask your bank or your potential investor or grantor about specific requirements for the content of your business plan. You may then find, for example, that your project should be presented in the form of an investor presentation.
Another important factor in pricing is the amount of work required to prepare a business plan. As you can easily predict, the more complicated the financial plan, market analyses, competitors, etc., the more expensive it is to create. There is also an additional cost when we talk about international or multi-industry business.
In general, a business plan can be 1 page as well as several hundred pages long. Everything here depends on the individual needs of the client. In the case of EU grants or other external funding, these formal requirements are often imposed in advance. It is worth establishing them at the very beginning so that the specialist is able to provide a reasonable quote.
If you are a customer for whom the most important thing is a low price, you can find business plans for as little as a few hundred zlotys. The easiest way to find contractors for such documents is on advertising portals like oferteo or gumtree. However, we do not recommend using such services, as low price is usually followed by low quality.
On the other hand, there are consulting companies on the market that charge up to several hundred thousand zlotys for writing a business plan, and this is regardless of the purpose of the document. This is due to their internationally recognized brand (name). Sometimes you pay not so much for the quality of the content itself, but for a stamp or a proper signature under the document.
Beyond these extreme examples falls an averaged price list on business plans for companies. It is priced from a few thousand zlotys to tens of thousands of zlotys. You already know the market situation and how much a business plan costs, now decide who you want to go to with your order.
An entrepreneur, as a rule, should not incur higher costs just because of factors such as:
The preparation of a business plan by an external expert or company involves a specific cost. It is worth asking about this cost at the first contact. At the same time, relevant factors include:
The cheapest option is to prepare a business plan yourself. We do not recommend this for a simple reason. If you haven't dealt with competitor analysis, market analysis, swot analysis or creating financial projections before, you will most likely perform these elements incorrectly. And in the best cases, it will take you a very long time. It's a bit like renovating an apartment. You can, of course, do it yourself to make it cheaper, but is it really a wise idea?
A good business plan requires your cooperation with the team creating the document. By doing so, those drafting the document will better understand your business concept which will increase the chances that the business will actually generate a profit rather than remain just on paper.
If you are planning to start a company in the near future, a business plan will definitely be useful to you. Approximate prices as well as factors affecting the final quote are indicated above.
Remember that price should not be the main criterion when choosing a contractor (consultant). Try to verify the opinions and experience of the contractor. This will protect you from being disappointed by the low quality of the document - which you end up paying for anyway.
Whether you're mainly interested in grants (check the availability of EU projects here), a loan from a bank or have other plans, it's a good idea to consult specialists about developing your business. This will certainly increase the chance of success and attract potential customers faster.
Contact us to get a quote for your business plan within 24 hours. And if you already have a business plan developed, but are not sure of its quality, you can send it to us for evaluation. Having experience from the development of more than 200 business plans, grant applications or investor presentations, we are able to quickly spot any shortcomings and deficiencies.
