Still Confused Between A Business Plan Writer And A Consultant?

Most people do not understand the difference between a Business Plan Writer and a consultant. Both these professionals are qualified to do different jobs. Even if they sound the same, if you need to hire one of them, then you must understand what exactly each of them does. Explore the nuances of each one’s job that distinguish one from the other. Being a client, awareness of these basics is very important.

What does a writer do?

A business plan writer is a person who is skilled at writing business plans. The expertise of these writers does not just lie in formulating a plan, though in putting it on paper in a manner that impresses the investors. It may seem like a very trivial task, considering you would have expected a writer to take care of all your business planning needs. A business plan writing agency might offer you the desired services. Most of the business plan writing companies are equipped to formulate the plan, devise clear cut business strategies and then prepare a blueprint of the plan with the help of a writer and an editor. They have separate teams that focus on jobs that they are skilled in. All teams work simultaneously, as per the brief shared by the client. A dedicated project manager takes care of the coordination part. He is the one who deals with the client on a daily basis. Independent business plan writers, on the other hand, focus only on converting the plan strategies into a presentable document.

What does a consultant do?

Business plan consultants are the ones who take care of creating business plans. They are hired to convert a simple business idea into a profitable business plan. A plan must be realistic and sustainable. There should be a clarity on strategies for different business aspects. It is often argued that hiring a full-service, planning and consulting firm is more beneficial than hiring an independent consultant. The reason is quite simple. The quality of the plan will definitely differ, if there is only one man working on it and is not necessarily an overall business expert. On the other hand, there is a team of industry experts for various business divisions. The result of intensive brainstorming is definitely better than a single mind’s output. A business plan writer will still be required to document the plan in a way that it manages to stand out and make an impression on the investors.

Understanding these differences is just a theoretical approach. Explore the market, talk to people who have dealt with both kind of professionals and see the difference in their work. Check online reviews and read up, to know the details. It will help you make a wise decision. Even monetarily, make sure where you are putting your hard earned money. Scams and frauds are also very common. Stay cautious and be sure about the business plan writer or consultant, whoever you hire. Keep your ears and eyes open to ensure that you do not fall prey to scammers. Assess your requirement well, and do not compromise due to budget constraints. It is a one-time effort, so give it your best shot.

Masterplans is a leading business planning firm that delivers convincing business plans, with the help of a business plan writer and a team of Business Plan Consultants.

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