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By Research Analyst


Business Plan Writer Job Description

As a freelance business plan writer your main job description will be to provide a concise plan for small business such as writing a plan that consists of the following items: Name of Firm. State the legal name of the business. Owner State owner name, as well as the form and percent of ownership. Information on the Business plan Type of Business and Product or Service. State the general and specific nature of the business History. discuss age of business, prior owners, how acquired and length of time operated by them, image or reputation, number of employees, last year's sales volume and profit and any significant events that have affected the company's development Offices or Plant Give addresses and description of area and building options.

Economic Accounting

  • Describe how the business will make money. Inventory Describe what inventory, raw materials and/or supplies the business uses. Ask them how they will deal with changing costs Legal State form of business sole proprietorship, partnership, corporation and status already formed or in process of formation. Future Plans What are your plans for the future maintain, expand, diversify, sell,

Market Analysis Customers Market

  • What is the market or who are their customers wholesalers, retailers, consumers, government, Environment Describe any environment factors economic, legal, social or technological that affect your market or product or service. Environment factors are those that have significant effects on your operation, but over which you have no control, i.e., county growth, rising energy prices, etc.
  • Its important to note Competition Discuss your competition: number of competitors direct and indirect, type of company product or service, location, age, reputation, size sales or customers market share.

Why do businesses need a Business Plan?

  • It shows that they understand what they are getting in to
  • It shows investors that the company is a strong investment
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Business Plan Writer Salary and Business Plan Writing Tips

The salary of a business plan writer varies depending on location or company that hires you. You can also charge more if you have lots of years of experience, testimonials and client portfolio to show your work.

Other areas of needed consideration when writing business plans include:

Competitive Advantages and Disadvantages

  • Discuss how their product and service meets market needs and how it will compare with the competition in terms of product and service features, location and distribution, price, other. Projections Give your projections in terms of the number of customers or items sold or contracts obtained,

Market Strategy Sales Strategy

  • You want to help your client to pPresent their marketing strategy. Tell they need to show how they will get the edge on their competition and get customers. This is the action plan to get business. Promotion Strategy Describe how they plan to promote their product and service. In the business plan state how they will promote: advertising, direct mail, personal contacts, sponsoring events or other word-of-mouth, trade associations.

Management

When it comes to management your client needs to show why they have chosen this type of business For key management personnel, include the following: resumes, personal financial statements, tax returns for the last three years, and personal family budget.

  • Describe prior experience that qualifies management to run this type of business. Financial Sources and Uses Describe the project to be financed.
  • State where the money to pay for the project will come from sources and show in detail how it will be used as well as uses.
  • The most common uses are equipment, leasehold improvements, inventory and working capital. Statements Historical and Projected If business is an existing one, include business tax returns and financial statements for the last 3 years.

Financial statements should include:

  • Balance Sheet Income Statement Accounts Receivable and Aging Accounts payable and Aging Debt Schedule Reconciliation of Net Worth For both existing and new business, project the following financial statements for the next three years monthly for first year, annual for second and third Operating or IncomeStatement with explanation sales, expenses, profit Balance Sheet Reconciliation of Net Worth Cash Flow with explanation Break even Analysis

Small Business Administration

http://www.sba.gov/
http://www.sba.gov/

Business Plan Writer Job Openings

In order to find the write job opening as a business plan writer you must know why a business needs a business plan in the first place and then you can use this to your advantage when selling your services. Many new business owners do not take the time to write out a plan and you can provide a valuable service to them.

A business plan is often the entry-level requirement to getting government money, investor capital or bank loans. Although, you may have a complete picture of the business in your head, investors and bankers need to see if you really have an understanding of the business and have thought it through. the process of creating and writing a blueprint for your business called a business plan -- will help you determine whether your business will be strong from the start. Without a business plan, you leave far too many things to chance.By creating a business plan managers can complete a complex analysis of the whole business. This process allows them to verify more related aspects than they had considered on the first approach.

Places to find freelance business plan writing jobs starts with a search on the web and looking at job boards and bidding sites such as getafreelancer, elance, ifreelance, guru and simply hired as well as indeed. Many have found success on craigslist. I have mentioned before that any time you do a search put in freelance writer wanted and busness plan writer needed and you will get back the sites who are looking for your abilities.

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sukkran profile image

sukkran  says:
9 months ago

nice hub with lot of information.

Research Analyst profile image

Research Analyst  says:
4 months ago

Business plan writers will be in demand as more and more individuals start businesses from home.

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