What to Ask a Business Plan Consultant
A great business plan consultant understands people. Behind every strategy, product or startup are people. They have lived and breathed the industry. A business plan consultant with emotional quotient understands these people and can connect with them on an emotional level. Communication is just as important as the content of the plan, and can be the difference between success and failure. So, what should you ask a business plan consultant? Here are a few questions to ask them.
Who will your business serve? A business plan is an excellent opportunity to define who your ideal client is. While it’s tempting to imagine that your services are geared toward the whole world, start by brainstorming your ideal client. Then grow from there. Ask your consultant for references, and ask them about their business experience. Once you’ve created your business plan, consult with a business plan consultant to provide insight and feedback.
How long has the consultant been in business? You’ll want a consultant with at least two or three years of experience. Only about 20% of businesses survive their first year. This means that a consultant with more experience is more reliable than someone who is brand new. A consultant who is still in the early stages of their career cannot help you run your business effectively. The sooner you get started, the better, and the better.
Are they able to write your business plan? Many people think so. However, writing a business plan is not as easy as you may think. Despite the name, writing a business plan requires initiative and drive. And, a consultant should not be considered another “box to tick.”