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Business Plan Writing Service

Maximize your chances of getting funded

Our business plan writers develop plans that can help you win funding.

What you can expect working with our Team:

Business planning pros

You’ll work with a professional plan writer who will build a custom business plan for your unique industry

The #1 planning tool

Get free access to LivePlan software, which makes it easier to share and update your plan

A winning format

Our unique business plan format has helped over 1 million businesses

Expert business plan writers for any type of business

Business plans for startups

• Establish milestones to achieve success.
• Outline accurate startup costs.
• Fully establish the vision for your business.

Pitching to investors

• Plans are formatted to meet lenders' expectations.
• Ensures your projected financials are realistic.
• Be prepared with a strong plan to back up your pitch.

Retail, eCommerce, restaurants and other popular industries

• Plan writers with experience and expertise in your industry.
• Insights into what details are vital to succeed in your industry.
• Develop a strong value proposition to stand out from the competition.

What makes our business plan writing services different?

Our business plan format has helped companies raise millions.

Our writers use a business plan structure that has been tested and refined over the past 20 years. So when you hire a LivePlan business plan writer, you'll be maximizing your chances of securing a loan or investment.

Business plan writers trusted by top business schools across the U.S.

Since 1988, Palo Alto Software—the creator of LivePlan—has helped over a million entrepreneurs achieve success. Our business plan structure is even taught at top universities, such as Princeton and Rice.

Get matched with a business plan writer who knows your industry

Our writers are experienced professionals who have written hundreds of business plans. That means there will most likely be someone on our team who has experience in your specific industry.

The best decision I could have made to launch my business in the right direction. I definitely recommend these services to entrepreneurs and future small business owners.

Melinda Holden

Elite Liason Consulting

Maximize your chances of securing funding

Hire a LivePlan business plan writer today

How the process works:

Research and discovery

We first gain an in-depth understanding of your business. Then, we begin market research and examine your growth drivers.

Plan Writing

Once our research is complete, we'll write the body of your business plan and provide you with a draft to review.

Financial modeling

We'll turn your financial assumptions into forecasts that include everything lenders and investors need to see.

Design and review

You'll get a polished business plan with a design that matches your brand. You can then print the plan or share it online with a unique and private link.

Ready to get started?

Fill out the form below to connect with a liveplan team member, your request has been received..

A LivePlan business plan writing expert will email your quote shortly.

Get a head start today:

My plan writer was responsive, and understood my vision from our first communication. I now have a living document that I can use and manipulate as needed going forward.

Marcus Flowers

TimeOut Sports Bar & Grill

Frequently Asked Questions

Business plan writing help and services for hire, will you review my plan and make changes.

Our review-only service just includes feedback, but if you decide you'd like to engage in our full plan writing service after participating in a review, we'll give you a discount.

What if I already started writing my plan?

If you have a partially completed plan, we can work with that. In fact, it helps the plan writing process go faster because we'll have to ask fewer questions, but you'll want to choose the full business plan writing service.

Do you do market research? What does that include?

Yes, we do market research. We have access to industry reports for most industries and we will use them to lend more credibility to your plan and validate the assumptions we are making in your financials.

What is included with the full plan writing service?

When it's all said and done, you'll have a full, lender or investor ready business plan, a one page pitch, and a free year of LivePlan so you can make changes to your plan as well as use our cash flow and business management tools to stay on track.

Can you guarantee that my business will get funded?

There are a lot of factors that go into the decision making process for lending that are beyond our control, like your personal credit. What we can say is that it is very difficult to get funding without a solid business plan and we make solid business plans.

Will you share my information?

We take your privacy very seriously and will not share your information.

How long will it take to finish my plan? / Do you offer an expedited service?

The average business plan completes in 3-6 weeks, depending on your responsiveness to your writer and our work load. We offer expedited services if you are in a rush.

Yes, we can deliver an expedited plan in as little as two weeks for an additional $1,000.

Does my business plan include financials?

What formats do you deliver in.

We deliver in PDF format, Word and we also give you access to edit your plan in a free LivePlan account.

How many pages is the average business plan?

We subscribe to the lean business planning method so we try to keep your plan short and to the point. Depending on the complexity of your business, your finished plan can end up being anywhere from 25-50 pages.

Pricing and Options

How much does this service cost.

The full plan writing service cost can vary depending on your needs. Book a call with us to request a quote. We also offer a lower cost business plan review service and a forecasting service.

Do you offer a la carte services?

We offer a review service (feedback only, no edits), forecast only service or full business plan writing service. If you have a partially completed plan, we can work with that, but you'll want to choose the full business plan writing service.

Do you offer a review service?

Yes. One of our business planning experts can review your plan and financials line by line and give you critical and constructive feedback to help improve your plan and increase your confidence when it comes time to deliver.

Do you offer an expedited service?

What if i don't like my plan.

You'll have the opportunity to review and leave feedback after each draft. We recommend taking the time to be thorough and thoughtful in your feedback as that is your chance to help mold your plan into something that really resonates with you.

Expert Plan Writers and Consultants

Who writes my business plan.

You will be paired with one dedicated individual from our small team of highly trained and experienced business planning professionals. Each one is a uniquely qualified business planning expert who can translate your ideas into a business plan that will appeal to your audience.

Is my plan writer an expert in my industry?

Our business plan writers are experts specifically in business plan writing. We've worked with every industry imaginable so the likelihood that they have some familiarity with your industry is high, but if you are looking for a business consultant this may not be a good fit.

What kind of background will my writer have? Are they outsourced from other countries? Have they been writing business plans for very long?

We are a small team of well educated business planning experts. Each writer's background varies but they all have financial or business education as well as years, small business management or consulting and business plan writing experience. They are all well vetted and really good at what they do, which is write plans that help you get funded.

Small Business Definitions

What is a business plan.

In its simplest form, a business plan is a guide—a roadmap for your business that outlines goals and details how you plan to achieve those goals. At its heart, a business plan is just a plan for how your business is going to work, and how you're going to make it succeed. Read our full article on "What is a business plan" here.

What is in a business plan?

The executive summary is an overview of your business and your plans. It comes first in your plan and is ideally only one to two pages. Most people write it last, though.

The opportunity section answers these questions: What are you actually selling and how are you solving a problem (or "need") for your market? Who is your target market and competition?

In the execution chapter of your business plan, you'll answer the question: how are you going to take your opportunity and turn it into a business? This section will cover your marketing and sales plan, operations, and your milestones and metrics for success.

Investors look for great teams in addition to great ideas. Use the company and management chapter to describe your current team and who you need to hire. You will also provide a quick overview of your legal structure, location, and history if you're already up and running.

Your business plan isn't complete without a financial forecast . We'll tell you what to include in your financial plan, but you'll definitely want to start with a sales forecast, cash flow statement, income statement (also called profit and loss), and your balance sheet.

If you need more space for product images or additional information, use the appendix for those details.

Read our full article "How to Write a Business Plan — the Comprehensive Guide" for more information, here.

Why is a business plan important?

There are many reasons why it is important to have a business plan. A business plan is essential if you're seeking a loan or investment, can help you make big spending decisions with confidence and is a solid foundation for ongoing strategic planning and prioritization. Read our full article on "8 Reasons Having a Business Plan is Important" here.

What is a business plan writer/consultant?

A business plan writer/consultant is a business and financial expert who can help guide you through the process of creating a business plan and do much of the labor involved in creating it. They will work with you to understand your business model, do market research, create financial projections and offer guidance as all of those pieces are brought together in a full business plan document.

How to pick a business plan writer/consultant?

Picking a business plan writer or business plan consultant is an important decision — you'll want to find someone dedicated to your success, with experience in your industry or field and that is in it for the long haul. Read our full article on "Things to Look for When Hiring a Business Plan Writer" here.

Why should you pay someone to write your business plan?

You don't have time. Starting a business is time consuming. Oftentimes people have to juggle a regular 9-5 job while working on starting their business. That doesn't leave a lot of time for a big writing project. Hiring a professional to write your business plan can help you give you time to focus on the tasks that are critical to getting your business off the ground.

You want to make sure it is done right, the first time. You only get one chance to make a first impression. Hiring a professional to write your plan for you can give you the peace of mind that your plan is the best it can be when you present it to potential lenders or investors.

You’re our first priority. Every time.

We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free.

So how do we make money? Our partners compensate us. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. Here is a list of our partners .

How to Write a Business Plan, Step by Step

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money .

1. Write an executive summary

2. describe your company, 3. state your business goals, 4. describe your products and services, 5. do your market research, 6. outline your marketing and sales plan, 7. perform a business financial analysis, 8. make financial projections, 9. add additional information to an appendix, business plan tips and resources.

A business plan is a document that outlines your business’s financial goals and explains how you’ll achieve them. A strong, detailed plan will provide a road map for the business’s next three to five years, and you can share it with potential investors, lenders or other important partners.

Here’s a step-by-step guide to writing your business plan.

» Need help writing? Learn about the best business plan software .

This is the first page of your business plan. Think of it as your elevator pitch. It should include a mission statement, a brief description of the products or services offered, and a broad summary of your financial growth plans.

Though the executive summary is the first thing your investors will read, it can be easier to write it last. That way, you can highlight information you’ve identified while writing other sections that go into more detail.

» MORE: How to write an executive summary in 6 steps

Next up is your company description, which should contain information like:

Your business’s registered name.

Address of your business location .

Names of key people in the business. Make sure to highlight unique skills or technical expertise among members of your team.

Your company description should also define your business structure — such as a sole proprietorship, partnership or corporation — and include the percent ownership that each owner has and the extent of each owner’s involvement in the company.

Lastly, it should cover the history of your company and the nature of your business now. This prepares the reader to learn about your goals in the next section.

» MORE: How to write a company overview for a business plan

The third part of a business plan is an objective statement. This section spells out exactly what you’d like to accomplish, both in the near term and over the long term.

If you’re looking for a business loan or outside investment, you can use this section to explain why you have a clear need for the funds, how the financing will help your business grow, and how you plan to achieve your growth targets. The key is to provide a clear explanation of the opportunity presented and how the loan or investment will grow your company.

For example, if your business is launching a second product line, you might explain how the loan will help your company launch the new product and how much you think sales will increase over the next three years as a result.

In this section, go into detail about the products or services you offer or plan to offer.

You should include the following:

An explanation of how your product or service works.

The pricing model for your product or service.

The typical customers you serve.

Your supply chain and order fulfillment strategy.

Your sales strategy.

Your distribution strategy.

You can also discuss current or pending trademarks and patents associated with your product or service.

Lenders and investors will want to know what sets your product apart from your competition. In your market analysis section , explain who your competitors are. Discuss what they do well, and point out what you can do better. If you’re serving a different or underserved market, explain that.

Here, you can address how you plan to persuade customers to buy your products or services, or how you will develop customer loyalty that will lead to repeat business.

» MORE: R e a d our complete guide to small business marketing

If you’re a startup, you may not have much information on your business financials yet. However, if you’re an existing business, you’ll want to include income or profit-and-loss statements, a balance sheet that lists your assets and debts, and a cash flow statement that shows how cash comes into and goes out of the company.

You may also include metrics such as:

Net profit margin: the percentage of revenue you keep as net income.

Current ratio: the measurement of your liquidity and ability to repay debts.

Accounts receivable turnover ratio: a measurement of how frequently you collect on receivables per year.

This is a great place to include charts and graphs that make it easy for those reading your plan to understand the financial health of your business.

» NerdWallet’s picks for setting up your business finances:

The best business checking accounts .

The best business credit cards .

The best accounting software .

This is a critical part of your business plan if you’re seeking financing or investors. It outlines how your business will generate enough profit to repay the loan or how you will earn a decent return for investors.

Here, you’ll provide your business’s monthly or quarterly sales, expenses and profit estimates over at least a three-year period — with the future numbers assuming you’ve obtained a new loan.

Accuracy is key, so carefully analyze your past financial statements before giving projections. Your goals may be aggressive, but they should also be realistic.

List any supporting information or additional materials that you couldn’t fit in elsewhere, such as resumes of key employees, licenses, equipment leases, permits, patents, receipts, bank statements, contracts and personal and business credit history. If the appendix is long, you may want to consider adding a table of contents at the beginning of this section.

Here are some tips to help your business plan stand out:

Avoid over-optimism: If you’re applying for a business loan at a local bank, the loan officer likely knows your market pretty well. Providing unreasonable sales estimates can hurt your chances of loan approval.

Proofread: Spelling, punctuation and grammatical errors can jump off the page and turn off lenders and prospective investors, taking their mind off your business and putting it on the mistakes you made. If writing and editing aren't your strong suit, you may want to hire a professional business plan writer, copy editor or proofreader.

Use free resources: SCORE is a nonprofit association that offers a large network of volunteer business mentors and experts who can help you write or edit your business plan. You can search for a mentor or find a local SCORE chapter for more guidance.

The U.S. Small Business Administration’s Small Business Development Centers , which provide free business consulting and help with business plan development, can also be a resource.

On a similar note...

Hire the Top 3% of Freelance Business Plan Writers

Toptal is a marketplace for top professional Business Plan Writers. Top companies and startups hire Business Plan Writing freelancers from Toptal for their mission-critical projects.

No-Risk Trial, Pay Only If Satisfied.

Trusted by leading brands and startups

Watch the case study

Hire Freelance Business Plan Writers

Tanya Dymytrashchuk

Freelance Business Plan Writer

Tanya is a finance expert serving investors and entrepreneurs in M&A, fundraising, buy and build, growth strategies, creating financial transparency, and defining business optimization potentials. She's executed €50 million in debt, equity, and M&A transactions in PE/VC and headed finance at a shared mobility startup, preparing the company for the financing round. Tanya enjoys freelancing due to the opportunities to create value and get to know exciting people and businesses.

Previously at

Emmy Sharing

Julio C. Ortiz

Julio has diversified experience as a finance VP for multinationals based in the US and Latin America in the financing, pharmaceutical, luxury goods, and personal care sectors and distribution channels, such as retail, wholesale, and travel retail. Julio's expertise includes financial planning and modeling, investment banking, commercial real estate, fundraising, business plan development, logistics, company valuation, and strategic and visionary leadership based on innovation and creativity.

Prime Wealth Development

Sandeep Mathur

Sandeep has analyzed 1,000+ corporates and closed debt, equity, and M&A transactions of over $15 billion as a finance professional. After working for 20+ years in top-tier banks like Barclays, HSBC, and Standard Chartered, he now advises growth companies, leveraging his expertise in modeling, fundamental analysis valuation, and fundraising. As a seasoned problem solver, Sandeep has worked as a fractional CFO for startups, advised on early-stage funding rounds, and designed pricing models.

David Fulep

David is an M&A expert who has worked with the owners of 100+ businesses to raise capital, exit their investments at premium valuations, or execute successful acquisitions and IPOs. With 15+ years of experience, including six years at PwC, he has worked in many industries and extensively in the TMT and renewable energy sectors. David joined Toptal to advise clients on complex M&A and capital-raising transactions across the world.

Freelance Clients

Nick Fookes

Nick is a CFA with a 28-year track record spanning 40+ countries in M&A, finance, strategy, and policy. He's supported executive decisions in 60 high-stake projects, including M&A transactions ($46 billion), radio-spectrum auctions and trades ($3.5 billion), public policy advocacy, government contract bids (worth $1 billion), go-to-market strategies, and raises for small caps and tech startups. Independent since 2001, Nick has enjoyed working in diverse markets, sectors, and cultures.

Invictus Strategy Associates

Animesh Saxena

Animesh is an investment professional with 15 years of experience in asset classes, including private equity, venture capital, real estate, listed equities, fixed income, structured products, and fund investments. He is an expert in PowerPoint, Excel, Macros, VBA, data feed, valuation, accounting, and compliance considerations. With his hands-on experience of full deal lifecycle management, Animesh successfully led several due diligence exercises.

Self-employed

Stephen Kelly

With 20 years of experience working with family offices, institutional and entrepreneurial private equity funds, and consulting Big Four accounting firms, Stephen brings unique insights into the variety of investor mindsets. He freelances to help startups and established investors determine ideal investment, asset management, and fundraising strategies. As a senior executive, he has advised on multi-billion mergers, equity raises exceeding $2 billion, and transactions totaling over $5 billion.

Grand Coast Capital Group, LLC

Carlo Palmieri

A Wharton MBA graduate, Carlo has led transactions on $10 billion worth of LBO and growth capital deals. He's worked in investment banking, M&A (Deutsche Bank), management consulting (Bain & Company, Oliver Wyman), and corporate development (Lehman Brothers). Carlo leverages his skills in corporate finance, business strategy, and international business development to help companies scale and deliver value for their investors.

Lehman Brothers

Dhruv Tandan

Dhruv has worked on successful fundraises and consulting projects worth over $1 billion, with a focus on energy, tech, food, and life science projects across Asia, the US, and Africa. He is a partner at a consulting firm and has more than a decade of experience in fundraising, startup consulting, process improvement, M&A, and project finance. With an MBA in finance, Dhruv enjoys the exposure and sheer variety of assignments that come with freelancing.

Toptal Projects

Wen helped a French multimillion-euro food startup build its equity story and manage potential acquirers (Danone). She has project experience with private equity funds, venture capital, and industrial groups in France, Belgium, China, Africa, and the US. She is skilled in financial analysis and modeling, investor deck, and market research. Wen freelances to help advise startups and corporates on business strategy, investor relations, and fundraising projects.

Toptal Clients

Bertrand Deleuse

Bertrand is a 25-year finance veteran with a true 360 experience, honed as an investment banker, venture advisor, project developer, CFO, and expert witness consultant in international arbitrations. He has advised and partnered on over 100 transactions and investment initiatives totaling over $16 billion. Bertrand is a seasoned problem solver and decision-maker with expert facilitation skills. Bertrand advises on M&A, corporate development, venture growth, project development, and financing.

Quadrant Economics

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Martin so far is a complete Rockstar. His first bit of work produced a tool for us to model and forecast our financials and is far and away worth every penny we paid and more. Just thought I’d share that with you. Pete Pellizzari, CEO Budder, Inc.

Erik has been an extremely valuable member of our team who has tremendous breath of experience with start ups in our lifecycle phase. What makes his contribution unique and highly effective is not only his excellent financial modeling skills and knowledge, but also the emotional intelligence with which he manages each relationship at Vault, understands our team dynamics, and helps us tackle start up challenges effectively. It is rare to find a part-time consultant who makes you feel like he/she is genuinely invested in the success of your company. Romy Parzick, COO Student Loan Benefits, Inc. dba Vault

Toptal has been an incredible key partner for Sidekick. As an early-stage start-up, we’ve leveraged both design and financial talent. The experience has been incredible, with those professionals bringing creativity, expertise, and advice to ensure Sidekick succeeds. My Toptal financial expert helped steer Sidekick’s business model, which resulted in an initial ROI of 650x! My experience with Toptal has given me great confidence in the future. Doug MacKay, Founder / CEO SideKick

Chris was great to work with and was always available on my schedule. His communication skills and personality were a 10/10. His outputs on the project were top notch and allowed us to develop more efficient forecasting and initiative prioritization frameworks. I would definitely use Chris again. Chris Pozek, CEO Veterans Rideshare

What really sets Toptal apart is the caliber of finance talent available in their network. I had a very specific and pressing need, and Toptal quickly matched me with the perfect person for the job. The expert produced a thoughtful and robust financial analysis that has ultimately allowed us to forecast and prioritize initiatives much more efficiently. Chris Pozek, CEO Veterans Rideshare

Scott had a lot of finance experience which he used to ask the right questions and help us do things more quickly than we would have done without him. The commission model is crucial to us being able to scale, he integrated seamlessly with our finance team and efficiently got us the outputs we needed. Naushad Parpia, Founder and CEO GSD

I was very impressed with the quality of finance talent in Toptal’s network. Our expert's experience was immediately evident through his insightful questions and the speed at which we could move. Toptal stayed on top of the process from making the match through to the successful completion of the project. I've already recommended Toptal Finance to my network. Naushad Parpia, Founder and CEO GSD

How to Hire Business Plan Writers through Toptal

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Access a vast pool of skilled finance experts in our talent network and hire the top 3% within just 48 hours.

How are Toptal professional Business Plan Writers different?

At Toptal, we thoroughly screen our professional Business Plan Writers to ensure we only match you with talent of the highest caliber. Of the more than 200,000 people who apply to join the Toptal network each year, fewer than 3% make the cut. You’ll work with finance experts (never generalized recruiters or HR reps) to understand your goals, technical needs, and team dynamics. The end result: expert vetted talent from our network, custom matched to fit your business needs. Start now.

Can I hire Business Plan Writers in less than 48 hours through Toptal?

Depending on availability and how fast you can progress, you could start working with a Business Plan Writer within 48 hours of signing up. Start now.

What is the no-risk trial period for Toptal Business Plan Writers?

We make sure that each engagement between you and your Business Plan Writer begins with a trial period of up to two weeks. This means that you have time to confirm the engagement will be successful. If you’re completely satisfied with the results, we’ll bill you for the time and continue the engagement for as long as you’d like. If you’re not completely satisfied, you won’t be billed. From there, we can either part ways, or we can provide you with another expert who may be a better fit and with whom we will begin a second, no-risk trial. Start now.

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Featured Toptal Business Plan Writing Publications

Creating a Narrative from Numbers

The Undeniable Importance of a Business Plan

Business Plan Consultants: Who They Are And How they Create Value

Top Business Plan Writers are in High Demand.

The 7-Step Business Plan for Writers

Today’s guest post is by author Angela Ackerman ( @AngelaAckerman ) of Writers Helping Writers .

As you’ve probably heard, there’s no such thing as “only being a writer” any more, and while many might not want to handle the business side of things, to give ourselves and our books the best chance of success, we must.

In May 2012, when Becca Puglisi and I self-published The Emotion Thesaurus: A Writer’s Guide to Character Expression , we had quite a few challenges. Living in different countries, we needed to create a formal partnership, set up businesses, and figure out how revenue would work. We had to learn publishing and take on marketing and promotion. Neither of us had a business or marketing background, so we relied heavily on research and intuition, and did our best to make the book discoverable. (You can read about our initial marketing plan here .)

Our unusual book on showing character emotion created buzz among writers, igniting word of mouth. Suddenly our lives went from busy to crazy as we tried to keep up with the burst of attention, writing guest posts, teaching workshops, and providing interviews. Books sales continued to strengthen, and we sold foreign rights. A few universities listed the book as required reading, and publishers began approaching us. At this point, Becca and I realized how far the book could go, but because we were being pulled in so many different directions, we didn’t know how to best take advantage of these opportunities.

The need for a business plan became our No. 1 focus. Fortunately, my husband is a management consultant who creates plans for many of his clients. With his help, we identified three areas that would help us grow in the year ahead:

• improving our professional image and brand credibility : creating a website, presenting at conferences and hosting workshops
• providing new product for our audience : writing two new descriptive thesaurus books
• expanding into the education sector : contacting colleges and universities to spread awareness of our writing resources

The roadmap we created allowed us to avoid distractions and focus on what would help us grow.

As we near the end of the year, Becca and I now have a professional website, three writing resource books that have collectively sold nearly 50,000 copies, and we increased our credibility through speaking engagements, teaching at conferences, and hosting workshops. In the near future we are looking to create awareness of our books at the collegiate level, rounding out our business plan objectives.

Since much of our productivity and growth are a direct result of forming a business plan (and sticking to it), I want to share steps you can take to create your own.

Step 1: Brainstorm

Imagine your year ahead and what you would like to accomplish as a writer. What will help you reach your goals, whether it’s publication, releasing more books, beefing up your online visibility, or honing your craft? Write down everything that you want to accomplish, and don’t forget smaller goals, as these are necessary steppingstones to achieving larger ones.

Also, choose goals that are within your power to make happen. For example, while you might really want representation, “getting an agent” is not necessarily something you can attain yourself; the agent decides whom they represent. However, “researching and querying all suitable agents” is a goal you can set and meet.

Step 2: Find Your Themes

Read through your list and look for bigger themes. Are there several goals that fit into a similar area of focus, like platform building or writing improvement? Grab some highlighters and group these together. Then, choose a name or tag line that summarizes each theme or area of focus.

Common themes might include

• Social networking improvement (platform building and connection)
• Education (attending workshops, finding a critique partner, improving one’s craft, studying the industry, etc.)
• Publishing (trying for an agent, working towards a traditional contract or self-publishing)
• Marketing visibility (researching and implementing ads, hiring a publicist, finding one’s audience online, soliciting reviews, etc.)

Step 3: Assign Importance

Now that your goals are organized into different focus areas (themes), step back and look at the big picture. Based on where you are now, which areas are the highest priority? For example, querying agents (publication related) and honing your writing skills (education related) might both be areas you’d like to focus on, but if your writing still needs work, it will be a waste of time to query agents immediately. Likewise, if you are winning notable contests and trusted critique partners are hard-pressed to see how you can improve, likely you should make getting your work in front of agents and editors a priority.

This step involves soul-searching and honesty. Sometimes desire (wanting to be published right now,  for example) can get in the way of what we actually need (to hone our craft further). To be objective, set emotion aside. Ask yourself hard questions about what your career really needs. If it helps, pretend you are advising a writer friend. If they were in your shoes, what important things would you suggest they work on to get ahead?

Step 4: Pick Two or Three Main Goals

Now comes the hard part: choosing which goals to pursue. Which two areas of focus did you mark as being the most critical? These two themes (say “Education” and “Networking”) should be the primary focus of your business plan. Pick specific goals that will help you most in these areas.

Once you choose a goal, think about the steps you must take to achieve it. For example, if your goal is to “Build a Platform” you might have action items like open a twitter account and build a following ,  take a class on social networking, and join a group blog . For inspiration, look at the highlighted lists you made. Chances are you’ll find smaller goals listed there that will help you achieve your larger one.

Two primary areas of focus or main goals are good for a business plan, but if you have a third area you’d like to tackle, list it as a secondary goal. Do the same exercise as above and list out tasks (action items) that must be carried out to achieve this goal.

When making these decisions, think carefully about your time. We all have roles and commitments outside of writing, and these things require a lot of energy. Business goals should be achievable, so don’t take on more than you can handle.

Step 5: Set a Timeline for Each Goal

Stick to your plan by setting timelines that fit your schedule. Becca and I chose a seasonal timeline, so we knew which goal to pursue at which time of the year. This helped us meet completion dates. If you are unsure how much time a certain task will require, set a deadline with a fallback date. This way you won’t be discouraged if you miss the initial deadline, and you’ll have a buffer if needed.

Step 6: Bring It Together in a One-Page Plan

A visual helps when it comes to following a business plan. By condensing your plan on one page, it will force you to be succinct in what must be accomplished to meet each goal. You can use a spreadsheet or table to do this (Excel, Google spreadsheet, a piece of paper, etc) or download this template . Here’s the business plan Becca and I created for ourselves:

When your spreadsheet is filled out, print and display it where you write. This will remind you of what you should be doing and help you make good use of your time.

Step 7: Commit and Challenge Yourself Daily

Once your plan is complete, stick to it. When new opportunities come up, see if they fit your plan. It’s important to take advantage of potential windfalls, but only if they further your goals and you have the time.

Before you print your business plan, type this statement in bold at the bottom: Is what I’m doing or about to do helping me achieve my goals? Before you commit time and energy to new projects, challenge yourself with this question to evaluate if it’s worthwhile.

In today’s publishing landscape, writers must become master jugglers, wearing many hats. Whether you’re published or pre-published, having a business plan is one of the smartest things you can do to keep yourself on track, maximize your time, and ensure that you reach your milestones.

Angela Ackerman is a writing coach, international speaker, and co-author of The Emotion Thesaurus: A Writer’s Guide to Character Expression and its many sequels. Available in ten languages, her guides are sourced by universities, recommended by agents and editors, and are used by novelists, screenwriters, and psychologists around the world. Angela is also the co-founder of the popular site Writers Helping Writers , as well as One Stop for Writers , a portal to game-changing tools and resources that enable writers to craft powerful fiction.

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This is FANTASTIC and just what I needed to see this morning! Great post and I love your books Angela. They continue to help me hone my craft.

Thanks so much, Adrienne. I really hope this plan helps you map out your best path forward. Happy writing (and business planning!)

[…] Angela is at Jane Friedman’s blog, sharing a 7-Step Business Plan for Writers, because in this new world of publishing, it is more important than ever for writers to engage in […]

Good step-by-step guide to create an overview of goals and an action plan for writers. It’s certainly a useful tool, although I wouldn’t call it a business plan since that usually also includes the financial aspects of a business. It’s a good starting point, and for writers who have other financial means to pay the bills, this is probably all they need. Writers who want to turn their writing into a full-time career can easily expand this action plan to include the financial aspects (cash budget including business and personal income and expenses, investment plan, three-year-estimate for business turnover and expenses to get a mid-term overview).

Thanks for posting this!

Hi Saoirse,

Yes, this isn’t meant to take the place of a full scale plan–I wanted to share something that both pre-published and published authors could use as a starting point, especially those who might find the idea of a creating a business plan daunting. Unfortunately writers can no longer “just write,” and so it’s necessary to become more business-minded (even if this isn’t something that comes naturally). Thanks so much for the comment!

You’re welcome 🙂 If you ever plan on publishing a blog post about expanding this with the financial aspects, let me know and I’d be happy to write a guest post about it (I’ve written more than one complete business plan in my life, both for myself and others).

Sounds good–thanks for offering, Saoirse. I will keep this in mind! 🙂

You can contact me at saoirse.omara (at) gmail dot com (just realised that my name isn’t clickable lol).

Thanks for sharing ideas for a business plan. I need to save this one!

Happy this will help you Linda. 🙂 Have a great week!

Although I don’t need a business plan right now, I want to thank you for The Emotion Thesaurus! I bought if first on Kindle, then realized I’d like to have a paper copy, too. It’s been an immense help when my editor says, “More emotion, Eleanor, dig deeper,” a refrain I hear often. So, thanks for helping me mine my own and my characters’ emotions! Eleanor Sullivan, Graven Images, A Singular Village Mystery

HI Eleanor,

I am thrilled that The Emotion Thesaurus is helping you! Writing character emotion is such a struggle, because we want it to feel authentic, but tend to get trapped in reusing the same descriptors to show it. Hopefully the entries in the book offer you a path to spark your brain quickly so you can stay in the flow and write the scene. Thanks for the comment!

Awesome suggestions, Angela! Love the chart! And this is a good time of the year to focus on goals and new beginnings!

Sue, it is the perfect time, isn’t it? Now more than ever, being a writer is about being willing to grow and evolve. The good thing is that there is so much content out there to help us find our way. I hope the chart helps you. 🙂

Thank you so much Jane for having me here today. I just finished watching your Google hangout with CEA, and can’t wait for the next installment! Thanks so much for the great summary of the shifting writing landscape.

Angela, This is an well-thought-out and doable plan. I love that you included plans to get training where needed as well as being open to traditional and self-publishing. Your post made me remember that I have taken many webinars and workshops over the years. Before I take another one I need to go back and review all the content on marketing, building a platform, etc. that I’ve already gathered. Thank you.

Very happy to help. As writers, we are in constant development, but if we try to focus on everything, or too much on one thing, then we aren’t making the best use of our time. Sometimes sitting down and looking hard at what we want for ourselves, both long term and short term, is a healthy step to moving forward more productively. 🙂

I’m so happy to hear about all your success, Angela. If anyone’s worked hard and deserves it, you do. (And how nice to be married to a business consultant, right?) Thanks for all the tips. 🙂

Haha, Lexa, yes his brain has come in handy, although I appreciate the fact that he hasn’t tried to “take over” and only offers help if I ask. His business world and my publishing world have some overlap, but there are also things that work very differently between the two, so I need to understand my world enough to know what advice might work, and what will not. (And thank you–I feel so grateful to have such great supporters like you!)

So practical and thoughtful! Makes great sense, and I can implement it immediately. Also use for my ‘other’ passion, genealogy, and my goals there as well! I appreciate the clear language and straightforward style in this post as well. Cheers.

Yes Celia, this business plan can really be used in any area. even one’s personal development. 🙂 I am happy it will be of use to you. Thanks for the visit.

Maven Business Plans

Business Plan Writers

Why need a business plan.

Why is it Important:

How mb plans can help.

We know that every business is distinctive and unique. Our main aim is to provide you with the best possible document plan that fulfills your business needs within your budget. We’re a team of legitimate business plan consultants and writers to serve business owners to raise investment, improve the business procedure, and resolve unique business problems.

OBJECTIVES OF BUSINESS PLAN

Business Overview

Market Study

Profitability Analysis

Feasibility Planning

Purpose of a business plan.

• To acquire/request funding from private investors
• To acquire/request loan from banks
• To acquire loan from SBA (Small Business Association)
• For Immigration Purposes
• For Internal Purposes

COMPONENTS OF BUSINESS PLAN

• Company Information
• Market Landscape (Including Industry Research)
• Personnel Summary (Management Plan)
• Information about Products or Services
• Operational Plan
• Financial Consideration (Financial Feasibility Analysis)

How Much Do Business Plan Writers Cost?

When you’re starting or growing a business, it’s important to have a clear plan in place. Writing a business plan can help you outline your goals and sales strategies, and it can be a valuable tool when seeking funding from potential investors such as venture capitalists or a bank loan. 

If you don’t have time to write your own business plan, or if you need help getting started, professional business plan writing services can be a great option. But, how much do these services cost? And is it worth the investment? Let’s take a closer look.

How Much Should I Pay For a Business Plan Writing Service?

Professional business plan writers and consultants generally charge between $2,000 and $25,000. However, the cost largely depends on the required quality of your plan, the complexity of your business plan, and the length of the document. Professional business plans for very small companies may only require a few thousand dollars to be written, while more complex business plans for larger, growing companies can easily cost over ten thousand dollars.

There are also private consultants who will write or edit your business plan on an hourly fee basis. Fees can range from $50 to $300 per hour or more, depending on the consultant and the complexity of your business plan.

Whoever you choose to get started with your business plan, be sure to consider what’s included in your service. At the very least, you should expect:

• Comprehensive business plan including an executive summary, market analysis, marketing plan, financial plan with 3-5 years of financial projections, and other essential components required by potential investors
• Customization based on your business model and specific to your business needs
• Well-researched business plan based on relevant industry information and a thorough competitive analysis

There are several companies out there that offer complete business plan writing services. However, the quality of their work can vary dramatically. If you’re considering hiring outside help to write your business plan, choose carefully.

It’s important to remember that you get what you pay for when it comes to these types of services. If you go with a cheap plan writer, you run the risk of ending up with a low-quality business plan. If your business plan isn’t strong and professional-looking, it may be harder for you to get funding or attract investors.

Looking for a Business Plan Writer?

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What Factors Impact Business Plan Pricing?

Some things that impact business planning services pricing include:

• Length – Longer, more complex business plans will cost more than shorter business plans.
• Company Size – A business plan for a large or complicated company can be more expensive to write.
• Level of Expertise – Smaller companies may opt to hire less experienced writers who charge lower prices, while larger, well-established companies choose to work with high-quality professionals who charge higher rates. You can’t expect a less experienced writer to help you achieve your goals (funding, growth) for your business plan.
• Turnaround Time – Generally, shorter turnaround times mean increased prices. Typically it will take 3-4 weeks to write a quality business plan.
• Additional Services – Some companies offer additional services, such as business plan presentation and pitch deck editing and support. These can cost extra.

To really get your business off the ground, it’s important to have a business plan in place that has been written by someone with the expertise to put together a successful business plan. A professional business plan consultant is an excellent investment for increasing your chances of securing the funds you need to start and/or grow your business. However, it’s important to do your research and choose carefully when you’re ready to hire.

Who Can I Hire To Write My Business Plan?

When choosing a business plan writer or consulting firm, it’s important to look for a company with significant business experience and proven expertise in business plan development. Look for companies that have been around for at least five years and do business plan writing on a regular basis. They should also be able to provide references from other companies that they’ve worked with.

A Business Plan Writing Company or Consultant

When hiring a business plan writing service , you’ll have two primary options. You can opt to work with a single writer or a dedicated team of experts who will be responsible for the entire project. The price of the service may vary depending on which option you choose.

A business plan writer typically costs less than an entire team, but it’s important to keep in mind that you may have less control over the outcome. The upside is that your business plan will be written by an expert with a deep understanding of the writing process.

When choosing this route, you should ask for references and examples of previous work. Before hiring any business plan writer, be sure they have the proper credentials and experience to meet your needs. You should also ask about any fees associated with revisions or updates.

Many businesses choose to work with a business plan consulting firm that offers a collaborative team of experts. This type of company will give you the best of both worlds. You’ll be able to utilize the knowledge and expertise of all the experts involved in the project, while still retaining control over the direction and vision of your business plan.

If you’re trying to determine how much it will cost to work with a business plan writing service, take some time to explore all of your options before making a final decision. You should consider both pricing models as well as the qualifications offered by the various service providers in your area. Doing so will ensure you find the most qualified choice for your business planning needs.

You Can Write It Yourself

If you are a newer entrepreneur or business owner or you are trying to save money, there are several free resources available online to help you write your business plan. The Small Business Administration (SBA) and your local Chamber of Commerce offer business plan services, workshops, or courses that can help you get started. Using a business plan template is a great way to quickly and easily complete your plan, especially if you are unfamiliar with the business planning process.

Some business owners are comfortable writing business plans without any outside help. This option offers you complete control over the process, but it typically takes more time than you have to spare. For that reason, not writing your own plan is usually recommended for experienced business owners, even those with plenty of business plan writing experience.

In most cases, experienced business owners who write their own business plans will have a better idea of what elements are needed and how they should be presented. However, it can still take considerable time to compile all the necessary information into a cohesive business plan that meets your audience’s needs. And it’s one thing to write a business plan; it’s another to write a business plan that gets investors or lenders to write you a large funding check.

A Combination of Business Planning Services

If your budget doesn’t allow you to hire a comprehensive business plan service, combining outside services with writing your own business plan may be the best option. This approach gives you complete control over the process, while still allowing you to benefit from an expert business plan writer’s advice. It is also a great option for entrepreneurs who don’t have time to write their plan but aren’t quite ready to hire someone else to do it either.

Other business services that could help you include:

• Market Research – Conducting thorough market research can help you determine which business opportunities are viable. Experienced consultants can help you identify your target customer so you can design the right marketing strategy to reach them.
• Copywriting Assistance – Many entrepreneurs have a great product or idea, but lack the writing skills needed to effectively advertise it in their business plans or online marketing materials. A business plan copywriter can help you create a compelling marketing message that resonates with your target audience.
• Startup / Growth Opportunities – If you’re thinking about starting a business or expanding your established business, it’s important to consider all of the potential opportunities before diving into something that may not be feasible for your current situation. A business plan consultant can help you identify what makes your business idea unique and how you can capitalize on those opportunities.
• Business Plan Review – Once you’ve completed your business plan, it’s important to have it reviewed by an expert. They can identify any gaps or mistakes in logic that could affect how potential lenders or investors perceive your business idea.

As with any decision affecting your company’s future, you should take the time to explore all of your options before committing to a specific service provider. The goal is not only to find the best fit for your budget and needs but also to find a business plan consulting service that can meet your expectations and deliver quality content on time and within budget.

Is It Worth It To Use a Professional Business Plan Writing Service?

As with anything else, you’ll get what you pay for. If you are short on time or don’t have the writing skills required to write a business plan, it may be worth considering a professional writing service. These services can help you complete the necessary research and planning to get a comprehensive business plan written for your company.

How Growthink Can Help Your Business

Since 1999, Growthink has developed thousands of business plans for entrepreneurs and business owners to start and/or grow their businesses. From small business owners to Fortune 500 companies, we have provided a variety of business plan services to meet the needs of each client.

Our business planning services include:

• Business Plan Consultants – Our experienced business plan consulting team has helped numerous businesses from small businesses to multi-million dollar corporations identify new opportunities and develop their business plans using existing information where possible, or by conducting new research as needed.
• Business Plan Writing Services – Our business plan writers are experienced professionals who are committed to providing you with a business plan that delivers results. Depending on your needs, our business writers can either help you complete the research and writing process, or write your business plan for you from start to finish.
• Done For You Market Research – Our market research team can conduct independent market research for your business through access to several market research databases. Utilize this research to help you write a business plan that is more in-depth and gives you a distinct advantage over competitors in your industry.
• Private Placement Memorandums – Growthink’s experienced business consultants can help you prepare a private placement memorandum (PPM) that is tailored to the unique needs of your business. PPMs are used to help businesses raise capital from accredited investors.
• Growthink’s Ultimate Business Plan Template – Our simple business plan template is available in MS Word and when completed can be sent to investors and lenders in Adobe PDF format. Use this business plan template to help you focus your business concept on the information that is most relevant for lenders and investors, while also providing a flexible foundation for future growth.
• Business Plan Writing Help Center – We have a wide variety of free resources for business planning on our website. Use our selection of 200+ business plan examples to help you write a business plan specific to your industry or learn more from our selection of business planning and funding articles.

No matter what product or service you choose, we wish you success in your business venture

How to create a business plan for writers

Business plans for writers are valuable documents for setting, tracking and learning from goals and strategies for selling books. Read 9 steps for developing a thorough plan.

• Post author By Jordan
• 9 Comments on How to create a business plan for writers

The business of writing has as many moving parts as writing craft. This brief guide on how to create a business plan for writers will help you take steps to plan and adhere to SMART writing goals while keeping the business of writing (selling books and marketing your novels or non-fiction) firmly in mind.

What is a business plan for writers?

If you’ve ever watched a reality show about business investment such as the UK show Dragon’s Den (aired as Shark Tank in the US), you’ll know that start-ups that win big backing have one thing in common: a clear plan .

A classic business plan is:

• A comprehensive document stating future business objectives plus strategies for achieving them
• A guide to each stage of starting and/or managing a business over a future term used to record goals (and stay on track or rein in scope)
• A reference document to use towards measuring outcomes (for example, whether or not the goals in the plan were met, the strategies used, and how effective they were)

A good business plan goes hand in hand with other essentials: Knowing your niche, your value, and your target market . Make forming one an integral part of your story planning process .

Standard business plans vs business plans for writers

A business plan for writers differs from the type of plan a start-up would use to pitch investors:

• If you are an indie author (or hoping to become one), there will be less emphasis on proving your business case (its commercial viability). Your plan won’t need to convince investors to part with their cash in exchange for specific forecast returns (ROI)
• Your plan will feature aspects that are highly specific to the business of writing (such as book cover design and costs, editing, and other professional writing overheads)

Let’s explore 9 steps for building a business plan for a book or series:

9 steps to create a kickass writing plan for your business:

• Begin building your platform and audience.
• Brainstorm business-phase-specific writing goals.
• Prioritize goals by need, not wish.
• Create a living writing business plan.
• Itemize your planned expenses.
• Calculate what you need to sell to break even.
• Explore and choose strategies for selling.
• Create a compelling showcase for your brand.
• Measure results and adjust as you go.

Begin building your platform and audience

Why does building a platform/audience come first? Because it’s never too early to start connecting with others who may value, enjoy, and be willing to pay to further enjoy your voice.

Ways to build your writing platform:

• Create an author site that will be home to your future publications. To keep costs down you can use an all-in-one website design and hosting service such as Wix . Keep in mind that using designers and developers provides even more customization potential and design/functionality freedom, but may cost more.
• Blog about topics relevant to potential readers in your target audience.
• Create author pages on social media for sharing writing snippets, promo and news.
• Build a newsletter for your author site and offer giveaways (such as short stories or guides).
• Host or co-host webinars or lives on social media with other writers.

These are just some ideas.

Indie publishing expert Joanna Penn raises an important platform – building caveat . If you are in the early stages of writing a book, the types of platform available to you (and what is most popular with netizens) may have changed a lot by the time your book is out . (TikTok, for example, now hugely popular, was only started in 2016.)

Penn’s advice is to at least have a simple website with some form of email-gathering function. Email remains an effective way to spread the word about your newest and existing releases.

Brainstorm business-phase-specific writing goals

The first, proper step of creating a business plan for writers is to brainstorm goals specific to the phase of writing you’re in .

For example, if you’re working on your debut novel and are not yet published (traditionally or independently), your goals will likely look substantially different to a so-called ‘Midlist Author’ (an author who publishes consistently profitable books, but is not yet a publishing sensation landing seven-figure deals).

For midlist to top-tier authors, goals often focus on expansion oriented tasks such as speaking engagements or tapping new audiences by branching out into other genres or subgenres (for example, the way She-Who-Must-Not-Be-Named moved into writing thrillers as Robert Galbraith after her fantasy success). Now Novel writing coach Romy Sommer discusses tailoring strategy to your professional phase in our writing webinar on building a writing career.

Examples of goals specific to the current phase of your professional writing life might be:

• Finding and hiring a fiction editor for a recently completed draft
• Shortlisting agents open for queries who are interested in your genre and/or subject matter niche
• Creating a website that will provide a showcase and selling tool for your future publications

FINISH YOUR BOOK IN 6 MONTHS

Stay accountable, in a structured program with writing sprints, coach Q&As, webinars and feedback in an intimate writing group.

Prioritize goals by need, not wish

Once you’ve brainstormed a list of specific goals that may be relevant to your writing business plan, it’s time to finesse these down to the most important, SMART goals.

SMART goals are goals that are specific, measurable, attainable, realistic, and time-based.

Prioritize goals by their relevance to tangible objectives. For example, formatting your book for X platform by Y date.

These are more practical than ‘nice to haves’ that have hard-to-predict impact on finances. For example, ‘becoming a bestseller’ – a ‘bestseller’ after all may mean radically different sales numbers in different countries or genres.

Examples of SMART business plan goals for writers

‘Research and write a list of ten agents currently open to queries in my genre/subject matter and start querying next Monday’ is a SMART goal.

It’s relevant to a specific business phase (having a manuscript to publish, in this example, traditionally). It’s attainable, actionable, and time-based .

‘Become a bestselling author’ is not (there are too many variables and moving parts; it lacks specificity). This is not to say that big dreams are invalid or not worth holding! But … they’re the driving, desiring force behind a good business plan, not the main content.

What do you need to do most urgently to get to a point where you have books to sell to an audience that’s dying to read them?

Angela Ackerman, in a helpful article for Jane Friedman’s publishing blog on the first steps in creating a writing business plans, says:

Sometimes desire (wanting to be published right now, for example) can get in the way of what we actually need (to hone our craft further). To be objective, set emotion aside. Ask yourself hard questions about what your career really needs. Angela Ackerman, in ‘The 7-Step Business Plan for Writers’, via Jane Friedman’s blog.

Create a living writing business plan

So you’ve prioritized goals for the next six months to a year ahead. You’ve made sure they’re SMART and tailored to where you’re at now. The next step is to create a living business plan for your writing.

Why a ‘living’ plan? There are times in any strategic process such as selling your work where you may want to reflect on how things are going, what’s working, and what isn’t, and regroup.

Begin your plan with a mission statement. Try to keep this to a sentence or two at most. For example:

‘Hire a cover designer, editors and formatting professional for my urban fantasy debut, create author profiles on Goodreads, Amazon and Wattpad, and self-publish my book by next June.’

Create a checklist of action items or ‘jobs to be done’ for your plan, prioritized by urgency. The satisfaction of ticking off checklist items is great motivation.

Itemize your planned expenses

Whether you want to sell enough books in a year’s trade to quit your day job or just see how many copies you can sell if you are systematic, it’s important to tracks costs vs returns.

For example, for a typical 80,000 word genre fiction debut, you might create a table in your business plan that looks something like this:

Cover design and editing are essential if you want your book to stand out, and to do the utmost to win over first-time readers.

As in the table above, you may have expenses such as website hosting and design requiring further research, because there are just so many options. The same goes for turning your manuscript into an audiobook .

The promo spend of $150 above is based on the minimum daily spend for Instagram ads being $5 (assuming, for this example, that you wanted to pay to promote your indie book to a niche reader audience matching your genre on Instagram for 30 days).

The above example of costs is a rough example, of course. You may well find cover designers whose services cost less than a lower- mid-priced professional who has more experience. Ditto for editing (remember the caveat though: ‘You get what you pay for’). Having a good estimate of costs for your business plan (and replacing these with hard figures as quotes come in and you choose which to accept) will help you budget and work out what you need to sell to break even:

Calculate what you need to sell to break even

Going off the above table (which does only include copy-editing, and not a manuscript evaluation , developmental editing or proofreading, and leaves out other costs such as print copies), you would need to sell 2182 digital copies of your book at a promo price of $0.99 to earn back your (known) expenses, or 1086 copies at a launch/promo price of $1.99 per copy ($2160 of known expenses divided by your selling price and rounded up).

Having this figure is vital as it gives you an exact target for sales, as well as an idea of the sweet spot for promo pricing to at least recoup your expenses in the first push.

Will you sell your book cheaply to start for the sake of a lower barrier to entry for potential readers with whom you have not yet proven your entertainment value?

This is a particularly helpful strategy for selling a new series, as you can up your pricing for sequels.

As part of working out selling price and launch strategies, read publishing experts’ blogs and thoughts on the matter. Joanna Penn has a helpful article on the benefits of selling with platform exclusivity versus ‘going wide’ (selling on multiple platforms), for example.

Explore and choose strategies for selling

There are many platforms, models and strategies for selling your stories.

Long gone are the days of book chains, indie stores and physical libraries being the main way to find your favorite stories.

The mix of in-store and digital gives you many ways to promote your writing and find an audience that may be hungry for the exact themes, topics, and experiences your work explores.

Some selling strategies to explore and choose from to add to your growing business plan include:

• Platform-specific promo services (such as KDP Select , Amazon’s promotional program for authors willing to sign over exclusive publishing rights to their platform for 90 days)
• Book blog tours and giveaways (partnering with writing sites that have blogs to talk about your book – for example, we interview members who have new releases to share here on Now Novel)

If your marketing knowledge and experience is scant, it may be worth taking a book marketing course (remember to add this to the expenses portion of your writing business plan). Coursera is a fantastic resource for university-run short learning courses, and may help you grasp marketing fundamentals or how to use tools for understanding how to convert website visitors into customers/readers.

Create a compelling showcase for your brand

Many artists and writers are allergic to marketing terms such as ‘brand’. They tend to sound clinical, the kind of buzzwords that people throw out a mile a minute at conferences.

Yet branding is a helpful concept to think about as you create your writing business plan.

What is an author’s brand?

If you look at a major brand such as Nike’s advertising, a specific ‘brand persona’ becomes clear. Nike is all about the ‘mentor/coach’ archetype (from their slogan ‘Just Do It’ to their visual choices such as the tick-like swoosh logo), their brand is all about helping the customer reach their own potential.

An author brand differs in several ways (authors don’t have catchphrases or slogans, of course). Yet having a clear author brand can (like Nike) differentiate what is unique and wonderful about your work in a crowded bookshelf or marketplace. From cover design choices to titling, how you represent your work infers a certain tone and persona. In the podcast with Joanna Penn mentioned above, Penn shares that she’s interested in the spooky and how she shares pictures of eerie environs because she knows these appeal to a certain type of reader who would fall within her target audience – that’s a branding decision.

Ways to build showcasing your brand into your writing business plan

• Plan the language and tone of your newsletter and social media posts. If you write cozy mysteries, for example, what cozy language or mystery can you carry over into what you share?
• Plan how you’ll incorporate the emotion your writing intends to stir in readers into your visual design language , on your author site and social media. If you write bloodcurdling, violent fantasy, what color, typographical and other design choices will communicate what your writing is all about?
• Think about what types of promotions you could run that are on-brand . An author who writes ‘choose-your-own-adventure’ books like Goosebumps titles in this format could run a book giveaway contest where readers combine given elements to create their own flash fiction, for example, for a book giveaway.
• Create a calendar of images, quotes and videos to share that m atch the tone, mood, spirit and/or subjects of your stories.

Measure results and adjust as you go

In any business, it helps to be agile, able to pivot fast to let go of strategies not working or embrace newer methods or platforms that are well-aligned to your goals.

Make your business plan a living document that you review regularly and adjust as needed so that you factor in assessing, learning what worked and what didn’t, and coming back stronger.

Looking for professional fiction editing services or a writing coach to guide you through each stage of writing and querying? Now Novel offers companionship and a supportive network, every step of the way.

Further resources

Rick Lite has a helpful guide for IngramSpark for creating a book promo timeline.

Zara Altair at ProWritingAid provides helpful questions to ask in deciding your book’s value and price .

Are you making regular earnings on your books? What’s the one tip you’d give another writer on going pro? Let us know down below.

Related Posts:

• How to create a book cover design that wows
• Fantasy writing prompts: 200+ ideas to create magic
• How an online writers' community grows skill
• Tags book marketing , writing business , writing process

Jordan is a writer, editor, community manager and product developer. He received his BA Honours in English Literature and his undergraduate in English Literature and Music from the University of Cape Town.

9 replies on “How to create a business plan for writers”

Extremely helpful! Thank you, Jordan.

Hi Allorianna, thank you! I’m glad you found this helpful. See you in the next webinar 🙂

Jordan! Thanks a million! What a detailed and helpful post! I’ve bookmarked this!

Hi Michi, it’s a pleasure. Thanks for reading this and for sharing your feedback 🙂

Excellent follow-up to the webinar! Great tips. I will be printing out the 9 Steps graphic. Thanks for all your expertise.

Hi Billy, thank you for sharing your feedback – I’m glad you found this a helpful supplement to the webinar. It’s a pleasure, happy writing!

Thanks a lot for your work. Great article. Everything is very clear and understandable.

excellent writing and every thing is understandable

Dear Asif, I’m so pleased you found this useful! Thanks for writing in. All the best with your writing.

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Professional Business Plan Writers: The Key to Business Success

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• What to Prepare When Working With a Business Plan Writer August 24, 2023
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• What to Prepare When Working With a Business Plan Writer
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• The Process of Working with a Business Plan Consultant
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• Maximizing the Value of a Business Plan Consultant
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In today’s fast-paced and competitive business environment, entrepreneurs strive to achieve maximum returns on their investments. One crucial element that can make a significant difference in achieving this goal is a well-crafted and comprehensive business plan. While some individuals attempt to create their own plans, the expertise of professional business plan writers can take your business to new heights. In this article, we will explore the advantages of engaging professional business plan writers and how their services can drive your business towards success.

The Power of a Well-Crafted Business Plan

Before we dive into the benefits of professional business plan writers, it’s important to understand the power of a well-crafted business plan. A business plan serves as a strategic blueprint for your business, encompassing your goals, target market, competitive analysis, marketing strategies, financial projections, and more. It not only helps attract potential investors and secure financing but also provides a roadmap for growth, guiding your decisions and actions.

Advantages of Professional Business Plan Writers

• Expertise and Industry Knowledge : Professional business plan writers bring a wealth of expertise and industry knowledge to the table. They understand the intricacies of different markets, enabling them to tailor your business plan to your specific industry and target audience. Their insights and understanding of market trends allow them to create a plan that positions your business for success.
• Thorough Research and Analysis : Business plan writers conduct extensive research and analysis to gather essential information about your industry, competitors, and target market. This data-driven approach ensures that your business plan is based on accurate and up-to-date market insights. Professional writers can identify key market trends, customer preferences, and growth opportunities that will help your business gain a competitive advantage.
• Clear Communication and Compelling Narrative : Crafting a clear and compelling business plan requires excellent communication skills. Professional business plan writers have the expertise to convey complex ideas in a concise and impactful manner. They can create a compelling narrative that tells the story of your business, highlighting its unique value proposition and growth potential. This helps captivate the attention of readers and stakeholders, increasing the chances of securing funding or partnerships.
• Financial Projections and Investor Confidence : Financial projections are a critical component of any business plan. Professional writers possess the knowledge and experience to develop accurate and realistic financial projections. These projections demonstrate the potential profitability and return on investment (ROI) of your business. Investors and lenders are more likely to have confidence in your business when presented with solid financial projections that are supported by thorough analysis.
• Customization and Tailoring : Each business has its own unique goals, challenges, and target audience. Professional business plan writers understand the importance of customization. They take the time to understand your business, vision, and specific requirements. By tailoring the plan to your unique needs, professional writers ensure that your business plan is highly relevant, impactful, and aligned with your objectives.

Partnering with Go Business Plans

When it comes to engaging professional business plan writers, Go Business Plans is a trusted and reputable choice. With their team of experienced professionals, they have a proven track record of helping businesses succeed.

Go Business Plans takes a collaborative approach, working closely with you to understand your business model, objectives, and target market. Leveraging their expertise and industry knowledge, they develop customized business plans that reflect your vision and set you up for success. Their attention to detail and commitment to excellence ensure that your plan stands out and grabs the attention of investors and stakeholders.

A well-crafted business plan is an essential tool for business success. By leveraging the expertise of professional business plan writers, you can create a comprehensive and impactful plan that drives your business towards your goals. Their industry knowledge, research capabilities, clear communication, financial projections, and customization ensure that your business plan stands out and positions your business for growth and success.

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A well written business plan is an essential component for any company seeking to raise capital. Our team at Prospectus.com has over 20 years of experience writing business plans and structuring business models for start-ups, later stage and expansion companies, those seeking venture or angel financing all the way to mezzanine and 144A funding, spanning a wide range of industries across the globe. We have been involved in thousands business projects and assisted with business planning, offering and private placement setup, feasibility studies, drafting financial projections, both for private companies and those seeking initial public offerings or listings on a stock exchange.  Our team is a recognized leader in business plan development. In fact, our CEO is the Chairman and Founder of  Borders.org  ( Business Plans Without Borders ), a not-for-profit 501c3 organization which assist low income families as well as refugees and immigrants with business plan writing services and grants.

Our Team’s Business Plan Advisory Services Value-Proposition:

• Our staff are known as one of the most reliable and affordable Business Plan developers in the U.S. and worldwide. Our straight forward and honest assessment of one’s business is one of our strongest characteristics
• Offices and associates in numerous countries, including New York, London, Hong Kong Beijing, Singapore and Seattle
• 1 to 2 weeks’ average time for completing business plans
• Proven track record of saving entrepreneurs thousands of dollars in needless spending while developing the business plan
• Ability to draft your business plan and prospectus or private placement memorandum or offering memorandum for debt or equity offerings or any other service and package    everything as one price
• We are somewhat of a one stop business for most of the startup and later stage company needs.

Moscow Business Plan Options

There are mainly two types of business plans that are written in Moscow: capital raising business plans and management or managerial business plans.

Raise Capital with a Business Plan

Most business plans are written with eye towards raising money for their venture. In a business plan that is written for investment capital, the structure of the business plans and therefore the most important point of the document will be the value-added benefit. Information on the products, services and the market will play central roles in the development of the plan, as well as various payout or exit strategies for the investors. Most business plans will focus on either selling equity or debt to investors.

• Equity : In an equity business plan the company seeking funding will sell an ownership stake. If the company is a corporation, they will sell shares or common stock or a variation of them. If the company is a LLC or a Limited Company (which is popular worldwide) interest or units in the company would be offered. Both a form of ownership, just with a different name for each entity. In additional, there are other sweeteners one can add into any business plan offering, including warrants or preferred shares or preferred units or convertible debt.
• Debt : in a debt offering business plan the company will be issuing some type of bond or a note to investors. A bond or note differ only in terms of the length of each security, which bonds being considered a longer maturity date than a note. There are also convertible debt securities that would convert the notes/bonds to equity at a certain fixed point in time. The business plan for bonds would detail the terms, such as the maturity date, interest rate and other vital information.

Managerial Guidance Business Plan

• No Capital Raising : In a managerial or a management business plan, the focus is not on raising money but what strategy a company should employ. While most companies that write business plans do so to raise capital, there are some that simply want to get a second opinion or an outside view of their business. They ask us to write them a business plan for growth opportunities, not to raise money. Said another way, the management of the company wants to see our view and take on their business and what we would do to expand their company.
• Recommendations : A business plan used to simply strategically plan one’s next move is referred to as managerial guidance business plan document. No capital is being raised initially, although sometimes we may conclude that capital should be raised for the company to penetrate or open new markets or opportunities. In the course of research, we may conclude that, in fact, the company should conduct an offering and raise money. We will recommend the amount to raise based on the company’s expansion needs and the company valuation.

3 Levels of Business Plans

Our firm offers various levels of business plan writing service and consulting, including: Level I Start-up Business Plan »

• Prospectus.com’s team consists of industry expert business plan writers. Our Level I Start-up Business Plan can be used for companies raising initial seed funding and getting off the ground. The dollar amount being raised is not of paramount importance.
• The Start-up Plan includes complete financials, potential cash-flow, market analysis and marketing strategies as well as a break-even analysis, and a separate executive summary and much more.

Level II Expansion or Series B Business Plan »

• Prospectus’ Level II Expansion or Series B Business Plan assists companies and entrepreneurs that are seeking to expand or scale their business, including by increasing market share.
• The Level II Start-up Plan helps to define concepts, target markets and market potential, as well as financial clarity necessary to define your concept, identify your market potential, and identify capital requirements. Executive summary included.

Level III Enterprise Business Plan »

• Prospectus’ Level III Enterprise Business Plan serves the need of those later stage and established companies seeking to raise additional capital to expand their businesses, often in the form of issuing debt securities such as bonds or convertible notes.
• The Level III Enterprise Business Plan is our most comprehensive business plan and often our clients will need a prospectus or a private placement memorandum (offering memorandum) written as well.

Our firm has years of experience drafting securities documents and is confident we can assist with your Moscow Business Plan Writer.  Feel free to contact us anytime, or call us to setup an appointment at any one of our global offices.

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