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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. Thumbtack, an online service that matches consumers with local professionals, quotes the average rate for a business plan consultant to range from $70 to $ per .
A lengthy plan with three years to five years of financial projections may still cost several thousand dollars, but the total cost can be much less than hiring a firm .
The cost of a business plan varies greatly depending on what type of plan you need. Some plans may be as simple as an executive summary and a one-page financial worksheet, while others can be well over 50 pages and contain several years of financial projections. The cost of a business plan bears a strong relationship to the amount of work that’s necessary to produce the business plan. Many business plan writers use business planning software to help them. They basically ask you a load of questions, plug the answers that you give them into the software and voila –there’s your business plan $1, please. My approach is different.
A professional business plan consultant will generally charge between $3, and $15, for a complete business plan (although there are cases where $50, is justified). The low end applies for “simple” businesses such as a pizza shop, a small retail store, a hairdressing salon, etc. How do I buy and pay? Get started with a free day trial of G Suite or contact sales. After the trial ends, you can pay by credit card, or depending on the location of your business, you may also pay by direct debit. You can also pre-pay by making a manual payment to your account.