How to Become a Professional Business Plan Writer

Posted on 07 April 2011

How to Become a Professional Business Plan Writer

Learning how to become a professional business plan writer is a great idea for anyone who would like to help fellow entrepreneurs. As the number of people starting their own businesses steadily increases they need a business plant to get launch their company and this means business for you.

Even if you have not started a number of your own businesses, you can still find success by learning how to become a professional business plan writer. Creative people with skills in calculating facts and figures can also do very well in this field.

Entrepreneurs often have great ideas but no idea how to put their ideas into an accurate and realistic business plan in writing. Because a business plan is so important to a business’s success, you will find many entrepreneurs in need of a professional business plan writer.

What You’ll Need to Succeed

As a professional business plan writer, your job will not be confined to just writing business plans. You will also need to be able to get the proper information from your clients in order to compile an effective business plan.  Search outline to see how many businesses like the one you want to establish are out there. If there is a lot of similar businesses out there you may want to consider how you can make your offering unique, very specialized or different.

Many professional business plan writers use business planning software to help them compile professional business plans. This is perfectly acceptable, as most of these programs allow for  customization in addition to their standard formats.

It will be important for you to become well educated on what investors, banks, and venture capitalists are looking for in a business plan to give you financing or make an investment.

Of course you will need a business license to open a professional business plan writing service, and you will definitely want to get a good insurance policy, with an errors and omissions rider. A small office to meet privately with clients will also be a plus. Clients may not want to share personal information in a public place. You can even share office space with a fellow business person to save on rent or have a separate area in your home.  Have business cards to freely hand out and invoices for you services.

The key to getting business once you’ve learned how to become a professional business plan writer is networking among the business people in your community. You might think that if someone has a business they have already written a business plan, but you might be surprised how often this is not the case. In other cases, they might have had a business plan in the beginning of their business that may not be relevant anymore. They might need one that is geared toward an entirely new business or getting the investment money needed to grow. Make sure business people you meet know what you do, and they will soon be using and referring your service. Offer your services at a discount to the SBA (Small Business Association) in your area, Chamber of Commerce, local colleges or business classes. Bankers may also refer new entrepreneurs to you that need a professional business plan before applying for a loan.

Also take full advantage of social networking for your professional business plan writing service. You don’t have to limit your business only to people in your own area, as just about everything can be done by email and phone these days. Connect with as many business owners as you can, and become known as the go-to  person who writes professional business plans that get results. Learning how to become a professional business plan writer might make your the entrepreneur’s entrepreneur.

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