Help With Business Plans

Help With Business Plans-54
Generally, the consultant will refer you to trusted experts in each sub-specialty (legal, real estate, accounting, insurance, etc.), or at least steer you in the right direction.This is an area fraught with peril because you generally get only one shot when it comes to investors.

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This is the one case where it never makes sense to “do it yourself”.

The key, however, is to hire someone who really adds value.

If you are a good writer, you can simply hire a consultant to guide and advise you, but do most of the writing yourself.

This is an excellent use of your hard-earned money and will always be a good investment as long as you choose a real professional who understands your business.

Keep in mind that good consultants are in high demand and charge accordingly.

It is far better to budget for the planning phase and only hire someone good when you can pay their fees, rather than hire someone who doesn’t know what they are doing and waste your money.

Wells Fargo makes no warranties as to accuracy or completeness of information, does not endorse any non-Wells Fargo companies, products, or services described here, and takes no liability for your use of this information.

Information and suggestions regarding business risk management and safeguards do not necessarily represent Wells Fargo's business practices or experience.

Your business plan is useful for you and your employees, but it can also be crucial for obtaining funding, because banks and lenders may want to see one before they decide to fund your business.

A basic business plan outline could include the following: Business Plan Center to access a step-by-step tool to create your own business plan.

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