Business Plan Consultant - How to Choose a Consultant

Business Plan Consultant


You may need to interview many business plan consultants or consulting firms before choosing who to work with. Therefore, it is more important at this stage to ensure you have positive answers to the following three questions below than to simply find the lowest price consultant. The final question should help to expand your search if needed.

Do they listen to your questions and answer them?

Find the consultants you speak with who are more interested in selling their services than listening to you describe where you are with the business idea and the specific help you need. This situation will not likely change as you move forward. Furthermore, the consultant's answers to your questions should be clear. If they are full of industry jargon that the consultant will not explain, beware that they may produce results that go over your head and you cannot easily evaluate.

Do they explain their process to you and include multiple points for your input?

Certainly, any business plan development process will begin with the consultant interviewing the entrepreneur to learn all they can about their research, the idea, and their strategy so far. However, be sure that the process will include at least two opportunities after that initiation phase for you to receive a draft of the work completed to date and provide feedback on the direction it is taking so that adjustments can be made. Without these opportunities for your input, the final plan can run away from you and become a description of a business you do not want to or are incapable of starting.

Do they care about the quality of your idea?

If a consultant doesn't care to find out your basic idea and to get an early sense of its feasibility before starting work, beware. Successful business plan consultant speaks highly of their success in helping clients get funding. If they work on doomed business plans from the beginning, they will lower that success rate. Only consultants interested in taking the money and running will not care if you are starting with a good or bad idea in the first place.

Why stay local?

Finally, with video conferencing and email widely available, there is no reason to limit your search to local consultants. If you do not fear throwing a wider net in search of the best consultant for you, you can use this technology to connect with individuals you may never meet in person. When you put local consultants in competition with virtual consultants, you will find the best leverage to negotiate prices, as long as you are comfortable with virtual collaboration methods.

For hiring best business plan consultant we recommend you to get in touch with Maven Business Plans.

Comments