How does our cooperation work?
- We have a telephone conversation and you explain your project to me. Just call me on +49 441 180 2600.
- I estimate the scope of the project and you receive a quote from me.
- We have a kick-off meeting to get to know each other – in person or by video call.
- You send me the information that is already available.
- I prepare or review the financial planning.
- We exchange ideas about the assumptions, the parameters, the conclusions, etc.
- The completed financial plan shows the funding requirements for your project.
- I work out the chapters of the written part of the business plan.
- You will receive the new versions for counter-reading.
- We finalise the business plan by incorporating your change requests.
- You will receive the finished business plan as a PDF.
- We select suitable banks and investors and send out the business plan.
How much will it cost?
A business plan is a creative service tailored to your individual needs. The costs depend on the scope of the work. The amount of work depends on the complexity of your business model and the components you require.
Since experience shows that the amount of work required for individual business plans varies greatly, there are no fixed prices. Most projects cost between € 3,000 and € 5,000; these are the average values from many projects.
Let’s talk about it on the phone. Call me on +49 441 180 2600.
What risks do you run if you do not have the business plan drawn up by an expert?
The first risk is to produce a business plan whose quality is not up to standard. The banks might not find it professional enough and refuse to finance your project.
The second risk is that you spend too much time yourself that could be better used elsewhere. You could forego savings in the form of time and opportunity costs.
How long does it take to prepare your business plan?
If you as an entrepreneur were to write a business plan yourself, you would be heavily absorbed for several weeks. You would miss this time for your other activities with which you can create more value. The same applies if you want to start your business from a permanent position.
By deciding to have the business plan written, you avoid the indirect costs of your lost time. And these can be high. In short: time is money.
What are the monetary benefits of creating your business plan?
Entrepreneurs who write their business plan themselves not only spend a lot of time on it, but also run the risk that the result is not usable. Creating a bankable business plan requires business knowledge, marketing know-how, experience and an understanding of what banks and investors value.
You run the risk that you will not get your financing with a self-made business plan. The opportunity costs are then much higher than paying the consulting fee if you have the business plan written: The costs of finding alternative capital and delaying your project until the business idea fails are much more serious than the fee for a business plan expert.
So weigh it up well. The decision to have the business plan drawn up and to invest costs of 3,000 to 5,000 EUR (these are average values from many projects) has proven to be purposeful and profitable for many entrepreneurs.