"When Do I Need To Hire A Business Plan Consultant"

Written by Howard Schwartz


When Do I Need To Hire A Business Plan Consultant Author: Howard Schwartz http://www.hjventures.com

Every new business owner knows that a business plan is critical – it is drilled into them by potential investors and every banking officer they meet. So why is something that is so important torepparttar launch of a new venture so difficult to write? Good question! In this article I will try to address when you should go out and hire a business plan writer versus taking onrepparttar 104248 task yourself. First time entrepreneurs often cringe when sitting down to write their business plan. Some spend 6 months agonizing over each period and comma, and even worse others spend 6 months procrastinating and do nothing. So lets break it down and see where / when a business planning company should be brought in

Who will read your business plan and why?

First you need to really understandrepparttar 104249 purpose of your business plan and who your audience (reader) will be. This is an important point as a business plan being written for a $100,000 loan is VERY different than a document needed for a $10 million round of venture capital! Since this article is focused on first-time small business owners, I will focus on preparing business plans raising less then $1 million in capital. For this “startup” or “seed” business plan 30-35 pages are perfect. You are not expected to deliver a thick book (and no one will read it anyway!). Once you have this down, you can honestly assess which sections you are qualified / comfortable writing and which may need consulting help

Here is what you should write on your own

It is important for you to write a basic draft / outline of your business plan. Without this direction you are probably asking too much of your consultant. Once you have your thoughts organized on paper you can see what you are comfortable completing. Here are a few suggestions:

Executive Summary: Draftrepparttar 104250 opening of your business plan – then hire a pro to come in and re-write it. Your executive summary will be read first and first impressions are critical!

Marketing: You need to write your own definition of your target customer / audience. Forrepparttar 104251 market research on industry growth and fancy charts go ahead and hire a consultant.

How To Control Corporate Wireless Costs: Are You Overspending in These 4 Areas?

Written by Karen Thatcher


Controlling wireless costs can berepparttar most difficult task of all areas of telecom auditing and cost-reduction.

These days, most employees and salespeople would considerrepparttar 104247 use of wireless devices more of a necessity rather than a privilege or convenience. Problems arise, however, withrepparttar 104248 sheer volume of wireless users, accounts and bills that even a relatively small company can accumulate over time.

Whereas 50 land lines may be shared within a company of hundreds of workers, cell phones are rarely shared or passed between employees. In comparison, 300 wireless users results in potentially 300 separate accounts and phones to control, track and audit.

The good news is thatrepparttar 104249 wireless portion of your telecom department is ripe with potential savings opportunities. Even small accounts can reveal plenty of areas for considerable cost-reduction.

What is "Over provisioning"?

Deregulation ofrepparttar 104250 telecommunications industry has resulted in a dizzying array of options and plans for wireless users. Over provisioning occurs when optional telecom features or plans are included or added to an account that do not enhancerepparttar 104251 end users' job performance. This can also include phones that are not in use but still being billed and paid for. Inefficiency results in unnecessary overspending.

When auditing your company's wireless services, be sure to checkrepparttar 104252 following 4 key areas for instances of over provisioning.

Are You Overspending in these 4 Areas?

1. Paying for unused or unnecessary features or functionality.

Items and features such as voice mail boxes, 3-way calling, call-waiting, call-forwarding, group talk, etc. can add excessive monthly charges to a wireless account.

Each wireless account should be reviewed for any and all features that carry an additional monthly fee. Ifrepparttar 104253 feature does not enhance job performance or is rarely used, eliminate it.

2. Paying for nationwide plans when regional or state coverage would be sufficient.

Cont'd on page 2 ==>
 
ImproveHomeLife.com © 2005
Terms of Use