Business Plan Writers in Nigeria – Are you starting a new business in Nigeria or are you an already established company and planning to expand into other services or areas, we will help you write a business plan tailored to fit your specific needs anywhere you are in Nigeria. At Businessplan.com.ng, we create business plans for new start-ups in different sectors and industries. We understand the uniqueness and challenges in when dealing different businesses and so, we offer fresh strategies and insights to address the peculiarities in each business plan that comes to us.
Because our business plan writing service is custom-specific to meet the needs of our clients, it can be used for a bank loans, grants, business development strategies, joint/partnership ventures or just for planning purposes. We guarantee that whatever your demands are, we will be able to meet and most likely exceed your expectations. The success stories of our clients are our success.
Our goal is to assist small to medium-sized businesses in Nigeria that are looking forward to having a professional Business Plan, Feasibility Study, Company Profile or Proposal.
Reasons for Preparing a Business Plan
Test the feasibility of your business idea
Writing a business plan is the only way to make sure that your business idea is feasible and doable. In other words, a business plan is your safety net as this document will save you from wasting your time and money on a business idea that is untenable.
Get Loans and Grants
If you plan to get a loan from the bank, or a business grant, or you want to pitch your business idea to a potential business partner or investor, a business plan in required. Financial institutions and Investors will want to see the potentials of your business. A business plan is the best way to provide this information.
Writing a business plan helps you to make tough business decisions, especially when you have to choose between alternatives. For example, if you have not decided on the exact services your business will sell and at what price, you will find it difficult finish the business planning process and move on to the implementation phase. A business plan helps you to look at all the entire start-up process and decide on what you want.
How much does it cost to write a business plan in Nigeria?
Our Price List
- To write a custom business plan = N155,000.
- To do a feasibility study= N100, 000 and above.
- To buy a ready-made business plan in any business = N10, 000.
- To write a custom business proposal= N35, 000.
- To write a custom company profile= N35, 000.
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Our business plans are well-researched, comprehensive, coherent, consistent and of a global scale; designed to address all key business areas including, SWOTs, cash flow forecasts, brand launch strategies, detailed financial projections, organization structures and growth action timelines for the next five years. We ensure we hand-over a full roadmap to success over to you.
Read More: How to write a business plan and make sense.
There are guidelines for writing a business plan. To that effect, our business plans highlights the following features:
- Executive Summary
- Business & Industry Overview
- Business Objectives
- Corporate Statements
- Business Structure
- Management & Staffs
- Products and/or Services – Description & Processes
- Market Analysis
- SWOT Analysis
- Competitors & Customers Research
- Marketing Strategy
- Sales Strategy
- Short & Long Term Goals
- Keys to Success
- Financial Analysis & Projections
- Investment Opportunity & Exit Strategy – For Investor(S) Related Plan
Because of our diverse services and experience, what we offer is premium and effective business plan. We also go the extra-mile to offer ideas, strategies and sometimes possible partners to help your business grow.
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Business Plan Writers in Nigeria – How to Write a Business Plan in Nigeria
A business plan is a plan which highlights everything about a business. Many startups are springing forth in recent Nigerian times. Still, the sad thing about these businesses is many of them have no plan, and they eventually fail because the failure in planning reverberates back into the success prospects of the business. A good business plan puts a business in a place of advantage over others because it gives a sense of direction which the business is to follow.
It is to be noted that a business plan I the same as it sounds a ‘business’ ‘plan’. The business does not have to be in the market before it puts up its plan; it should have had its plan before taking the first step about the operation of the business.
When the business plan of an organization is set in the proper order, it almost becomes impossible for the business to fail. This is because the business administrators understand the purpose and the direction for which the business is headed. Writing a good business plan is like a game; a single mistake can tarnish the entire outlook of the whole thing. It is, therefore, important to use the services of a professional in outing together a plan for your business. If you, however, want to put the business plan together yourself, this article will guide you on all the key ingredients that should be contained in a business plan.
Writing a Good Business Plan
Writing a good business plan is like writing anything, the combination of words to produce a structure. There are, however, some key ingredients that should be contained in the business plan if it is to be a good one. The content that makes for a good business plan is what we will be discussing in the following lines.
Research is the first step to a good business plan. As you may rightly assume, there are a million more people who do the same thing you want to do as a business. It is important to do proper research about your business niche. The research will put you on the edge of success over all your prospective competitors because you would have gathered knowledge from a wide wealth of knowledge. In the research process of your business plan writing, be sure to document everything you discover, as they would be very resourceful when putting your business plan together.
Asides the fact that proper research puts your business in a place of advantage over other businesses, the research will also get you to know your onions about your industry, and this is pertinent for the success of any startup business (especially). Knowing your onions, not just about the services you provide, but also about the events and current happenings in your industry puts you at a great advantage when defending business proposals.
The purpose of the research of your business plan is to help you as the business owner understand the synergy of your industry, and plan your own business to fill the lapses that other businesses could not. When the research stage of your business plan writing is properly done, it can keep your organization in business for a very lengthy time.
Highlight Your Business Objectives
The objectives of the business will be the guiding pillars upon which the business will progress. After the research stage of the business plan writing has been completed, the objectives of the business should start seeing the light in the mind of the business owner. According to some experts, a business with a written objective is more likely to succeed over one that doesn’t.
The objectives of the business will highlight all the things you hope to achieve with your business. The business objective would ideally be a set that is unique to your business. Yes, there could be a few among the objectives of your business that other businesses have; however, the complete set should be unique to just your business.
Setting the objectives of the business should predicate its premises upon a set of clearly thought out needs which the business hopes to meet in the community and the world within which it is based. A chicken poultry business that’s being operated for eggs would ideally have a completely different set of objectives when compared with a poultry business that’s operated for meat. Although, both businesses may have some similar objectives, the complete set of objectives would be singularly unique, and they would be the ones to guide every other thing that the business does.
In highlighting your business objectives, be sure to state all the things you hope the business will achieve in its lifetime. Put the following into consideration is setting the objectives for your business:
- The business objective must be unique to your business
Sometimes, the business objectives are the success secrets of the business.
- The business objectives must be concise and easy to understand
As a rule of thumbs, keep each objective of the business as a single sentence statement. It is easier to help employees understand a simple objective than a bogus one.
- The business objective should be geared towards solving a problem
This is usually the thing that makes the business objective the most important part of the plan. Each objective of the business should be geared towards solving problems that you the business owner has found in the business niche, and other businesses could not solve (or solve properly).
- The business objective must be timeless
In setting the objectives for your business, make sure they are objectives that will be relevant for a very long time, and not just on the immediate timeline.
Create a Company Profile
The goal of a business is to make a profit, while this is true, the process of getting a profit out of the many factors that surround a business is the most tedious part of the business ideation process. One of the things that place a business on the advantage of making a profit in a reasonable time is the company profile.
The company profile is usually set to attract investors and partnerships to the business, and so it is essential to be very strategic about this part of the business plan. The company profile will highlight the history and future projections of the business.
The company profile part of the business plan will also ideally highlight the product and services rendered by the company. The entirety of the company profile is set in place to be a bait that attracts investors to the operations of the business.
No matter what stage your business is in; it should have a company profile, it generally presents your business as a more organized one, and this is a great advantage in getting investors for the business. Even if your business does not have a physical office, get a constructive company profile together if you ever hope to make meaningful partnerships with your business.
Create a Branded Presentation Format for the Business Plan
The presentation of a business plan also matters greatly to the overall integrity of the business. This single factor is why a lot of businesses spend a lot on the branding of their materials and products. There is a saying that’s very common in the business circle, and the saying mentions that it doesn’t matter what a business has or doesn’t, the only thing that matters is the way the business is perceived. While some may consider this untrue, to a very great extent, the perception of the business can hinder the totality of the progress of the business.
This is not to say you should spend excessively on branding your business plan; it is, however, necessary to create a way of presenting it to prospective investors in a way that would attract them. Even if you cannot afford very expensive branding themes, be sure to get something together that makes your business plan look attractive not just in content, but also in presentation.
Highlight the Business’s Financial Prospects
This is the real business part of the business plan. This part of the business plan is essential because, just like your organization, all investors and partners seek to make a profit of their investment funds. It is therefore very pertinent that you carefully highlight the prospects that live within your business in logical figures that investors can relate with. The financial prospects will probably be the only part that some investors would check in your business plan before checking to see the other parts of the plan. It is extremely useless to have a business plan that doesn’t show a profitable prospect in its pages; this is why you have to carefully calculate all the factors that influence the profitability of your business in this part and highlight them for investors to see.
In putting the financial prospects of your business plan together, it is important to understand that all investors seek a profit, and they are most times attracted by it.
When presenting the financial prospects of your business, be sure to consider the following:
- All the information contained in it must be updated and verifiable
The prices and other information that would make upon the financial part of your business plan must be something that investors can verify as some would. They must also be the recent prices as using outdated or obsolete prices can present your business as one that doesn’t understand its industry.
- The Information Should Not be Speculative
There has to be a form of precision in the financial prospects of your business. Yes, sometimes, things don’t go according to plan, that is, however, for you to know and keep in mind, not to share with investors. You must present relevant and accurate information in the financial part of your business plan, as any form of doubt an investor notices in your business plan will sway their conviction about your business.
Presenting Your Business Plan
Presentation is one of the key elements to the success of any business. The following line will show some of the key elements we have not discussed but should be in a business plan.
- Cover Letter
The cover letter will show an overview of the business in words. The cover letter is usually not more than a page of the business plan, and it is one of the first things that anyone would see on the pages of the business plan. When putting together the cover letter of your business plan, be sure to avoid any unnecessary information, and go straight to the point. Put everything your business is about in your business plan cover letter; your services, your products and all.
- Title Page
The title page will highlight a little more detail about the business in terms of structure. The title page will usually contain some information that is quite local to the business such as the name of the founder, the need that drove its formation, et cetera. In putting the title page of your business plan together, be sure to make it simple, and yes you can put the business logo if you have one (if you don’t, the business name will suffice).
Pitfalls of Business Plans
There are a few red marks you should watch out for when putting together your business plan. We will highlight some of them here; you will do well to make further research yourself.
- The urge to write everything about the business in one piece
It is to be noted that a business plan is just a plan for the lifetime of the business, and not the actual business itself. You should resist the temptation to put everything about the business in its business plan, as this does not just expose the uniqueness of the business, it also keeps investors away from the business as its looks too cumbersome. Be sure to simplify your business plan to the simplest possible.
- The urge to get out of a financial mess
This is a good thing personally as it usually pushes people to get out of the comfort zone and get things working. It, however, is not very good for businesses, as it would make the business look as though it is all about making money, and not impact.
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