This is accomplished within the framework of sound business practices to provide an effective and efficient multi-modal transportation network to the residents of Orange County. The business plan is an evolving document that is updated annually in response to the ever-changing social, political, and economic environment.
Share on Facebook Just as businesses vary in size and value, the business plans that describe them vary in structure, length and cost to produce. Small business owners may find that they only need a basic outline of their company structure, goals and finances, but a larger company that's seeking capital investments will need to develop a more extensive document.
The main factors that determine the total cost of producing the plan include the length of the plan, the amount of time the business invests in the document, and the tools or services used.
Cost in Time The old adage that "time is money" is certainly true when putting together a business plan. Whether you're writing the content yourself or hiring a professional plan writer, the time it takes to create the document will cost you money.
To determine exactly how much your time costs, multiply the value of one hour of your time by the number of hours you invest in developing the plan. If you hire a professional business-plan consultant, the rate will vary from person to person.
Consultants not only write plans; they also review plans and make recommendations, based on work you have completed. Cost for Software If you choose to write the plan, a variety of software is available to make that an easy task.
Many of these tools are free downloadable templates from organizations such as the U. Although these templates are fairly detailed and include instructions on how to fill them out, they are basic in design.
If you want a business plan that has color charts for financials and a professionally designed layout, you can purchase software for a PC or an iPad. Some packages include teaching units, as well as several example pages, in case you get stuck on a section.
They may also include programming that calculates sales and growth projections, based on your actual figures, and they automatically create charts and graphs to include in the plan. There are also business plan writing programs available from vendors who charge a monthly fee.
Software from companies such as enloop and LivePlan, not only assist with researching, compiling data and writing the actual plan, they also maintain a dashboard for monitoring the health of your company, once you're up and running. Financial data can be tracked, along with your budget and sales goals, so that necessary adjustments can be made.
Costs for these programs vary, as to service features and whether you pay month-to-month fee or a year's service up front. Cost of Professional Services If your business plan looks like as if it is going to be more complex or if you really do not like to write, you may want to hire a professional consultant to do that for you.
You will need to collaborate with the consultant on the project and you'll need to provide a lot of information, but the consultant can do the bulk of the writing. The consultant is also able to ask questions and guide your thinking so that you can formulate a comprehensive plan that best meets your needs.
These figures are based on their hourly rate and on any other special services they may include. Business Canvas Although professionals debate the value of one method over another, choosing between a traditional plan or a newer "lean" plan, called a business canvas, will also be a determining factor in your costs.3.
Business plan templates and guides. Thanks to the Internet, there's an endless array of resources available to those who want to write a business plan -- including comprehensive templates and.
A business plan is a “formal statement of a set of business goals” and how these would be achieved. These documents sometimes can be included in a business proposal. If you’re starting a new company and need business plan resources for funding that effort, click here to view a . Create a Strategic Plan Template in minutes using a step-by-step timberdesignmag.com: Organizational Chart, Deed, Mechanic's Lien, Strategic Plan, Quit Claim Deed, W With 1,+ Document templates created by lawyers & experts you’ll have a professional-looking formatted contract, board resolution, business form, checklist, plan, press release, etc.
in MS Word. Just fill-in-the blanks & print!e. Aug 05, · A comprehensive business plan is also a strategic business plan that includes a higher level of information and analysis in areas like stakeholder relationships and strategic action plans.
This type of business plan is designed to describe focused action and identify clear and measurable results.5/5(1). Here is a business plan outline that walks you through each section of a basic business plan in the order they typically appear.
Each of the links below provides an overview of what should be included, provides an example of the section and shares a few tips for writing each section of your business plan effectively.