A quick Google of “Business Plans Washington DC” will yield a huge number of vendors in the area. Many promise business plan development for your start-up, nonprofit or ongoing business for a very small fee. These sellers are of mixed veracity and repute. There are a disproportionately large number of non-writers who would have you pay them. And what you get is the pleasure of using their business plan writing software and/or template. While there is nothing wrong with templates or software (As part of our process, BFS uses up-to-date and comprehensive software suites), there is a problem with relying solely on such software.
The three pillars of a business plan:
Whether you hire Business and Financial Solutions to craft your plan or you take on the matter yourself, writing a good business plan involves taking measure of at least three major criteria–under which other aspects fall: narrative, elegance, and impact.
Narrative relates to the flow of your business plan–how it tells a story. However convoluted, it is told through the lens of what is essentially a business proposal, guide, or constitution of sorts. It should flow, it should make your ideas seem viable. And it should have enough detail to give the impression of thorough consideration.
Elegance has to do with economy of detail as much as with layout, formatting, and structural style. Elegance includes an understanding of what information is pertinent to be laid out specifically. Yet it outlines the areas which should be touched upon only in the broad sense. Here is where we look at the plan in it’s entirety and consider its attractiveness.
Impact describes your plan’s ability to persuade, to inspire, to guide, and to help. This means that your plan has real utility with guiding the growth of your business. Or at least it’s very persuasive as a piece for prospective investors and government agencies. Like with elegance, this consideration therefore is respective to the target primary audience depending on the purpose(s) behind the business plan’s development.
The best business plans involve a team of 2 or 3 people generally. There is the writer, skilled with structure and the written word. This person can describe your vision, your goals, and your perspective. The writer translates that to the page.
Another person will be necessary to meticulously tweak the numerical and graphical data. This is the numbers person, who demonstrates the financial viability of your plan and show specifics. Typically, this is the accountant are best at this.
Finally, there is the reviewer, or editor. This is the “second set of eyes.” This person will look over the collective, or finished product, provide revisions and suggestions for changes. In our case, this also includes the client. You see, at business and financial solutions, we collaborate with you to create a business plan that works for your needs and preferences, including length and style.
While many vendors will sell you a shoddy plan without your input or feedback beyond the minimum, we pride ourselves in including and building off of your vision to the best of our collective ability.
At Business and Financial Solutions, providing the necessities to help you start your business or keep it running smoothly is one of our many functions.