Monday, 20 July 2020

How Professional Business Plan Writers Approach an SBA Business Plan






















There are many ways to tackle a business plan. Often, that will depend on the intended audience. When writing an SBA business plan, it should be written specifically with business and financial experts in mind. You need to also be aware of their main goal – to fund businesses that will be able to repay their loans. To that end, professional business plan writers will approach an SBA Business Plan in a specific way.
Strong Executive Summary – The executive summary serves as an introduction and overview of your entire business. It is for this reason that Professional Business Plan Writers will write this section last, only after the rest of the plan is complete. Only once the entire SBA business plan is written should you take on the task of trying to synthesize the entire business into a one-page summary. Not only do you want to touch on all the main parts, you want to do it in an engaging way that exemplifies the key strengths of the business.
Formal Writing – In terms of SBA business plan, you are presenting to the SBA and to financial lenders. Both of these groups are not only accustomed to viewing business plans, they are also professionals. They expect the language and presentation to be formal. They want to know that you take your SBA business plan – and by association your business – seriously. Professional Business Plan writers know that formal language is a good way to do this and set the appropriate tone.
Modest, Detailed Financials – There are certain audiences who only want top line financials. They either have no need or no desire to see the math behind everything, right down to every trash bin you will purchase. This couldn’t be farther from the truth for an SBA business plan as you are presenting to a financial lender who is used to analyzing numbers for a living. Professional Business Plan Writers ensure that every last detail is included to prove that the numbers are sound and well-considered. They will also make sure that the projections are modest. Specifically, for an SBA business plan, one of the best approaches is to under promise and over deliver.
Detailed Market Research – The financials must be well supported. One of the strongest ways to do this is through detailed market research. Your Market Research will show there is a true need and interest for your product. It will also show there is space within the market for your business to succeed. Professional business plan writers know that this is always an important aspect of a business plan. However, it can be weighted even more heavily in an SBA business plan where the focus is on long-term stability and business success.
Writing an SBA Business Plan can be nerve wracking, especially for new entrepreneurs. It is wise to invest in professional business plan writers to ensure the most polished, convincing plan possible. However, if you can’t afford to hire one or choose not to, you can at least learn from their approach.

Wednesday, 15 July 2020

3 Reasons to Hire a Business Plan Writer to Create Your Pitch Deck






















After writing a business plan, whether you hire a Business Plan Writer or not, you may feel you have all the information you need to craft your pitch deck yourself. However, there are many reason that a business plan writer is much better suited for this task and you should consider hiring one, whether you had one work on the business plan or not.
  1. It’s Really Important – If you need a pitch deck, it’s most likely for a potential investor. If you’re at the point of soliciting investors, you obviously require outside capital to launch or grow your business. If you don’t get an investment, it’s likely you will either have incredibly slow growth or won’t ever launch at all. It may seem that your business plan is the most important document you’ve ever created but, you have to get an investor interested enough to read it. That’s why the Pitch Deck may actually be the most important document you ever create for your business.
Why wouldn’t you trust something this important to an experienced professional? The professional in this case is a business plan writer. There are those out there that advertise themselves as a pitch deck writer. However, a business plan writer with an eye (or team) for design, will be better suited to craft your pitch deck. They will fully understand the business plan and they are also skilled at knowing what information appeals to the right audience, in this case investors.
  1. Objective View of Your Business Plan – After spending weeks, months, or even years considering every aspect of your business it’s often hard to be objective. Especially after creating your Business Plan, you tend to see every detail as vital. This just isn’t the case when it comes to sharing the information with a potential investor for the first time. The pitch deck needs to be concise and only cover what investors really care about. Remember, the entire purpose of the pitch deck is to get an investor interested enough to want to explore all the details.
A business plan writer will not be attached to or view your business in the same way as you. This objectivity, along with their prior experience, gives them the ability to tease out the most important aspects of your business plan in the eyes of an investor. As you present your Professional Pitch Deck, potential investors are likely to ask questions. That is where your knowledge of every detail of your business becomes critical but, you need to get investors to be point of being interested enough to ask questions.
  1. Mix of Right Info with Right Design – Your pitch deck isn’t just about providing the right information and the right amount of it. It’s also about presenting it in a way that is visually appealing. Again, the whole notion is to keep eyes on the presentation and get an investor interested. A business plan writer will either have design skills themselves or will use someone else to create visual elements while they focus on content. In either case, the perfect mix of these two aspects it what makes a pitch deck truly captivating.
There are many reasons to hire a Business Plan Writer to craft your pitch deck. However, it can be an expensive endeavor which is why many people may shy away from the idea. When you consider the importance of the pitch deck and how much better suited a business plan writer is to do it, it should become clear that it is an investment worth making.

Sunday, 12 July 2020

Important Considerations for Your SBA Business Plan if your Business Plan is for Miami

https://www.joorney.com/sbabank-loan-business-plan/


If you have a business plan for Miami and are working on an SBA loan, you’re going to need an SBA Business Plan. Planning a Miami-based business, like any business located in a major city, requires attention to a specific set of details that SBA business plans for other locations will not require.

Location and Office Space – The expense of the office is always something to be concerned about. That is especially true if you are writing an SBA Business Plan for Miami. If you are going to plan your business to be located in Miami, you are going to need to defend that choice because many of your costs are going to be higher simply because of your chose location.

If you have justifiable reason to locate in the city, you are going to need to be highly selective about your office or store location. If you are in retail, naturally your choices are limited. However, you may want to consider offering a boutique in-person shopping experience to limit the size of the retail space you need. This means you keep very limited stock on hand and order the rest to be delivered in store, or have your customers order off your website for home delivery.

If you are not in retail, ask yourself if all of your employees need to be in the office in person. Keep your office as small as possible and be realistic about who and how often they need to be in the space. You may even want to consider a fully remote model. If you are unsure about your long-term needs, renting or purchasing a larger space may be advantageous if you are able to offer coworking spaces and/or sublease. If priced correctly, this will actually create an additional revenue stream with a profit. Either way, the intent with the SBA Business Plan in Miami is to show you are cognizant of the exorbitant rent prices and either working to minimize this aspect or using it to your advantage.

Diversity & Appeal to Local Culture – If your SBA business plan is for a Miami-based business whose target market is also Miami, then you need to keep diversity at front of mind. One of Miami’s nicknames is the “Capital of Latin America”. Nearly 70 percent of the population is Hispanic and around half of all residents speak Spanish fluently. This isn’t just about speaking the language, or running marketing in the language, you also need to truly understand the culture. This will touch every aspect of your business from hiring and employment to product/service development. Unless you have a very highly specific target market that excludes this majority demographic, you need to make sure it is at the core of your business in every aspect.

There are many things unique about having a business in Miami however, these two are among the most important. Your SBA Business Plan will need to take these things into account and address them if you want your business plan for Miami to be viewed as complete and well-considered.

Wednesday, 8 July 2020

How to Narrow Your Search for Franchise Business Plan Writers in Miami






















Searching through hundreds of Business Plan Writers in Miami can be overwhelming. It can be especially difficult when you’re specifically looking for someone that can do a franchise business plan. Business plan writers in Miami, and elsewhere, tend to focus on writing business plans for those that are seeking outside funding through lenders and investors. Although you may need to find funding to develop your franchise business plan, there are many unique aspects about a franchise that need to be considered for a traditional business plan. There are ways to narrow your search to find the right franchise business plan writer in Miami for you!

Franchise Business Plan Experience – One of the quickest ways to narrow down your search for business plan writers in Miami is to exclude those that do not have Franchise Business Plan experience. Some business plan writers will have a portfolio on their website making this easy to discern. Others may also have a blog and you can scan their topics to see if they ever share useful information about franchises or franchise business plans. If you have no indication, contact your top choices to inquire if they have handled franchise business plans.

Focus on Audience – Another way to tell if business plan writers in Miami will be a good fit to write your franchise business plan is to gain a sense about their focus on audience. A good franchise business plan should be easy to understand by nearly any audience. However, especially with franchises, you may need one plan that will appeal to multiple audiences. Business plan writers in Miami that focus on writing plans with audience in mind will likely be the best ones to write your franchise business plan.

Referrals and Recommendations – The internet is a treasure trove of reviews but, it can be hard to know which ones to trust. If you’re in the Miami area, talk to people, either in person or through local business internet groups, about the Business Plan writers in Miami that they’ve used. If you’ve connected with other successful franchisors, you may want to ask them regardless of their location. If you are adamant about using business plan writers from Miami, it is always possible that other franchisors may have used companies that have partners or offices in Miami.

Experience – Years in business can tell you a great deal about the overall success of a business. That’s not to say that newer companies will not be able to meet your expectations. However, when trying to narrow a long list of potential independent business plan writers or firms, years in business and number of business plans completed can be a good place to start.

Creating the perfect Franchise Business Plan can be a tall task, especially when you will need to use the plan for multiple audiences, as you often do with franchises. Finding business plan writers in Miami who are up to this task can be a process itself. Begin your search with the tips above, look for other factors that are key for you, and schedule a call with a couple writers that you think might be a match. Following these steps will ensure you find a Business Plan Writer that represents your franchise well.

Monday, 6 July 2020

How NOT to Write Your Pitch Deck, According to a Business Plan Writer

https://www.joorney.com/joorney-pitch-deck/


Sometimes, the place to start when figuring out how to do something, is to know what not to do. That same method can apply to your Pitch Deck. A business plan writer is the best way to go when writing a pitch deck. If you are unable or don’t want to hire one, you can at least learn from the most common mistakes they’ve seen.
Making it too long This is one of the most common mistakes that a Business Plan Writer sees. Potential investors see pitch decks all the time. If you can’t gain their attention and interest in less than 12 slides, you’re probably not going to be able to and may not even understand your own business plan well enough yet.
Not using visualsA Business Plan writer will tell you that your pitch deck is the place to infuse all the creativity you stifled when writing your business plan. The entire purpose of your pitch deck is to get an investor interested enough to read your plan. Don’t be afraid of images, graphs and charts, and other visual elements. In the pitch deck stage, it is all about keeping eyes on the screen.
Using animationsWith the focus on design in mind, it’s important to note that this does not include animations or transitions within the slides. Many investors are going to want your pitch deck ahead of time or will ask you to send a copy after your presentation. You can’t have visualizations/transitions in a PDF. Even during the presentation, animations or transitions can be distracting.
Using a standard PowerPoint templateUsing a standard template without any of your own design elements will make it look like a presentation belongs in decades gone by. There are so many custom templates and other programs out there now. If you’re not a design person, that’s okay, all the more reason to hire a business plan writer with a good eye.
Having too much text You are giving a complete topline overview of your business. That is the entire purpose of the Professional Pitch Deck. If the investor wants to dig deeper, they will ask questions or consult your business plan. When you cram too many words and too much detail onto a slide, not only is it hard to read, it’s overwhelming and will almost always lead to an investor losing interest. Keep it simple. Remember, you want them to ask questions!
Not providing enough info on your team - Even the best business concept and plan will fail in execution if it lacks a strong team. If you work with a business plan writer, they will spend more time than you likely think is necessary trying to understand the complementary skills and experience of all team members. They do this because the team is one of the key elements that factor into an investor’s decision. Make sure you devote a slide to your team and explain how collectively, they have all the necessary qualifications to run your business successfully.
Avoiding the above might not mean your pitch deck is perfect but, it will help you avoid common mistakes. It is always worth the investment to trust a professional, such as a Business Plan Writer, with the tall task of writing and/or designing your pitch deck. But, if you insist on going at it alone, avoiding the missteps above is a good place to start!

Wednesday, 1 July 2020

What Professional Business Plan Writers Want You to Know Before Hiring Them























Business plan writers, although very skilled in business, are not consultants. If they are, they offer that as a separate or additional service. If you want to get the most out of your business plan, these are the things that a Professional Business Pan writer will expect you to have figured out when you approach them.

Know the Basics

Business plan writers will usually start the process of writing your business plan by sending you a detailed questionnaire to complete. The purpose of this is to get the basic details they will need to successfully write your plan. It will also challenge you to consider all the fundamental aspects of your plan.

As the business plan writers review your responses and begin to work on your plan, they will make a list of follow up questions. If you cannot complete the questionnaire with some level of detail, you are not ready to have professional Business Plan Writers work on your plan.
Have Team Members Lined Up

You and your business are only as strong as your team. Especially if your reason for writing a business plan is to appeal to outside funders, you need to show you have a team that is capable of being successful. This means having key members with a wide set of skills and experience. You should not venture to create a formal, professional business plan until your team has been lined up.

Do Your Market Research

Professional business plan writers will naturally expand on Market Research information. They often have access to databases of consumer insights and the like. It is also in their best interest to do some of their own market research to ensure your business plan is as strong as possible. However, if you have not done basic research into the industry or covered other vital aspects like identifying main competitors, defining your target market or considered pricing, business plan writers will often charge extra for this or may refuse to do your plan until this information is provided.

Have Detailed Financial Assumptions

One of the top reasons people hire professional business plan writers is because they are unsure of how to approach or create formal Financial Projections. There are two main pieces of information they will need to work these out in an accurate fashion. The first is all the expenses you expect to incur in the first year. You need to think about everything from trash cans and printer paper to the salaries/benefit costs of your staff and major equipment purchases. You should also know how much you plan to charge and have sales targets in mind. If you have these two pieces of information, professional business plan writers will usually be able to work out the rest.

If you only have a half-baked business idea, there are some professional business plan writers that will still take the job and will work to tease the missing information out of you. Others, however, will not begin a project without you being able to satisfactorily express the main aspects of your business. It is also in your best interest to have these things worked out before considering business plan writers. Quality, professional Business Plan writers can be expensive. You will only truly get the best result if your business concept is well considered prior to hiring them.

Monday, 29 June 2020

5 Vital Resources for Writing Your SBA Business Plan for a Miami-Based Business

https://www.joorney.com/sbabank-loan-business-plan/


Writing a business plan for any purpose can be intimidating. However, if you are writing a business plan specifically for an SBA loan, the stakes can feel even higher. The good news is there are a number of resources to help you create a formal and flawless SBA Business Plan in Miami. If you need help with your SBA business plan for your Miami-based business or if you live in Miami and are creating a business that will be based anywhere in the world, these are the top local resources worth looking into.
  1. Small Business Administration (SBA) – Although you are applying for an SBA backed business loan, that does not preclude you from tapping into their support options. In addition to networking with lenders to secure portions of loans making it more likely that small businesses are approved, they have a host of other services. This includes articles, guides, counseling, classes and other programs. They even have resources that can help you learn to write your SBA Business Plan in Miami.
  2. Small Business Development Center (SBDC) – SBDCs exist as a partnership the SBA and – usually – local universities and colleges. They provide counseling/mentoring as well as classes and other educational sources. Their purpose is to help aspiring and existing local entrepreneurs to launch, build, and grow successful businesses. They serve to help grow and develop the economies of towns and cities across the country. There are several regional offices in the South Florida area, including right in Miami.
  3. SCORE – This program which is a nonprofit partner of the SBA, focuses on offering direct business mentorship and other expert business resources to help people prepare for and survive entrepreneurship and small business ownership.
  4. Minority Business Development Agency (MBDA) Business Center – The MBDA is another national agency with offices around the country. They focus on helping minority communities create lasting wealth. According to their website they serve, “businesses owned by African Americans, Asian Americans, Hasidic Jews, Hispanic Americans, Native Americans, and Pacific Islanders”.
While several of the above resources may overlap and seem redundant, they all focus on slightly different aspects of business development and approach how they provide their assistance in different ways. It is worth taking the time to research all of them in regards to your SBA Business Plan – or any business plan! They all have their own schedules and rates for different courses, seminars, and other small business resources. When you know exactly what they offer and what sessions they have coming up, you can plan to participate in the ones that are most relevant to you and work with your schedule and budget.
  1. Professional Business Plan Writing Company – There are certain things that are better left to experts. Your SBA business plan is one of the largest determining factors in determining whether your loan is approved. Although the above resources will get you well on your way, if you’re able to afford it, contracting a professionally written SBA business plan in Miami is a worthy investment.
Not only will it save you precious time you can focus elsewhere in the business, you’ll usually end up with a better end product. A professionally written SBA Business Plan can sometimes be the difference between an unsuccessful and successful SBA loan application. It doesn’t matter what industry you’re in or what product or services your business will offer. Having experienced writers take this vital task off your plate can be one of the best business decisions you will ever make.