Writing a business plan is a crucial step in a business. Manu business owners prefer hiring a business plan consultant who has extensive knowledge about business domains and markets. They use their knowledge in helping the business to take strides of progress. A business plan writer can save you some time and stress while etching out a proper business plan.
Hiring business plan writing services can depend on various factors.
- The capital volume of the business and the sources from which fund is being invested.
- Specific requirements of a business plan.
- The scope and scale of the project.
- The objectives of the project.
What is the cost to hire professional business plan writing services in the UK?
Not only does the cost of hiring business plan writing services depend on the size and scale of your project, but also from where you hire.
- Business consulting firm
Hiring a business consulting firm is the most expensive option. This is because an entire team is involved in writing the business plan. It can cost you anywhere from 1200 GBP to several thousand pounds depending on how big the firm is, and how huge your project is.
- Private business consultants
This is a comparatively cheaper option than hiring a consulting firm. Some business plan consultants charge by the hour and it is up to the business to decide the duration of his/her hire. Consultants can charge 1000 GBP to 3500 GBP for a complete business plan spanning over 2-3 years. For bigger projects, the cost can reach up to 25,000 GBP.
- Review services
To save some bucks, you can prepare your business plan internally; then pay a professional to review and edit it if needed. This is a good option when you are good at writing yourself and can dedicate some time to market research.