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Franchise Business Plan Writers

By , About.com Guide

Creating a business plan yourself may be very challenging and time-consuming, especially while starting up your new franchise. There are many great companies that offer franchise business plan writing services. Most of these companies write many types of business plans and specialize only in business plan writing. Sometimes it is a good idea to leave it to the professional so you can focus on getting your business off the ground.

Should I write my own business plan or hire a business plan writer?

According to an article on AllBusiness.com, if you are seeking more than $500,000 in funding and are planning to share the business plan with venture capital firms and angel investors, you might consider hiring someone to write the plan or at least a consultant to work with you as you write the plan. While most potential franchisees will not raise money with a venture capital firm, many may have an angel investor or a bank. When you are trying to raise a large sum of money for your franchise you want to be sure everything is in check. So if your plan is to raise a significant amount of money for your new venture into franchising, I suggest you consult with a business plan writer.

Business Plan Writers

Here are two companies that offer business plan writers and consultants:

MasterPlans.com
Portland, OR
Phone: 866-763-0717
http://www.masterplans.com

Growthink
Los Angeles, CA
Phone: 310-846-5000
http://www.growthink.com

Be open-minded

Remember that it is always a good idea to leave it to the professionals. If you do decide to go this route and hire a business plan writer, be open for suggestions. Remember that these writers have had experience helping other entreprenuers raise money with banks and angel investors and then know exactly what they are lookif for.

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