Business Overview

Businesses looking for money need to present their research-based strategies to investors and lenders in clear and concise writing. Such information is detailed in business plans, which business owners can write themselves or have written by specialists. Business plan writing businesses specialize in this particular type of writing.

Writers who can compose effective business plans will always be in high demand. A business’ chances of successfully growing or securing funding almost double if there’s a business plan drawn up as opposed to when there is no plan in writing.

Who is this business right for?

Anyone who enjoys writing and is an entrepreneur at heart may enjoy running a business plan writing business. Much of the work involves writing, and having a love for business will help writers stay motivated while working on plans. Writers should also be detail oriented, as much of the writing process includes in-depth research.

What happens during a typical day at a business plan writing service?

A typical day at a business plan writing business may involve:

  • Meeting with business owners to learn more about their businesses
  • Conducting research for writing business plans
  • Writing business plans
  • Delivering completed business plans to business owners

What is the target market?

Business plan writing businesses serve business leaders. Most often these are entrepreneurs seeking investments or loans, but they also can be investors who need visas to get into the U.S. Some writers also compose plans for non-profit organizations.

Importantly, the target market is not limited to new businesses only. Established businesses also need investments and loans to take advantage of new opportunities or shifts in the market.

How does a business plan writing service make money?

A business plan writing business makes money by selling completed business plans. Because writing plans is a lot of work, most writers require a deposit up front and the remaining balance due upon completion.

What is the growth potential for a business plan writing service?

Many writers keep their business plan writing businesses small, serving only the number of clients they can personally help. A number or writers even do this work part-time when they can.

There are several larger companies in the industry, however. Some of the more established businesses in the industry are Ground Floor Partners, Bargain Business Plan and Joorney Business Plans. Journey Business Plans has written at least 2,500 business plans since opening in 2008.