Often times, you get to see individuals asking someone to "do a business plan" for them. When the business owners are phoned up, and asked what they are looking for, their response most times is usually that they have a business idea and have done some informal research and it seems like a good idea and they just need a great business plan so they can start or grow their business.
Now some people might say that it sounds like a good business opportunity. Charge them a fee, ask them to email their thoughts and informal research, and whip up a business plan using a template that has been earlier created. If they want changes, charge them an editing fee until they are happy.
This would probably earn a fairly nice fee but it would not be doing them proper service in the long run. Here's why that is so. A business plan has many functions:


• A business plan can serve as a vehicle to approach finance houses for finance.
• It can be used to attract investors.
• A business plan can be used to get business partners involved.
• It can give you a road map to move forward.
• A business plan can help you think your way through your business idea.

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