S & S

Developing a business plan for a start-up would include the following:

• Developing the Business Plan for the Start-Up.
• Developing the goals of the start-up business.
• Choosing the form of entity which has to be incorporated for the start-up.
• Budgetary Analysis for the Start-up.
• Regulatory compliance with respective authorities for the start-up.
• Risk Framework and Mitigation for the Start-Up.
• Monitoring activities of the start-up after inception.

SME's are organizations that have been in business for some years. However, business plan consulting services would be different for an SME when compared to a start-up.

Developing a business plan for an SME would cover the following:

• Change in Action Plan and Objectives of the SME.
• Strategic Advice on a crisis scenario.
• Funding Options for the SME.
• Advice on regulatory compliance.

For a Multinational company, the main areas which the business plan will focus on:

• Diversification of services and new products.
• Refining the strategies of the multinational company.
• Expansion opportunities of the multinational business.
• Business Planning Continuation.

• Developing a Strategic Plan for the Business

Business planning consulting services comprise developing a strategic plan for different types of business. Be it an entrepreneur or an established entity, the business planning consultant must develop strategic advice. A consultant can either get to know the business objectives by researching the company. Apart from this, the consultant can communicate with the business's key executives to understand their goals and objectives. Based on this, the consultant can draft the business plan to include key goals and parameters that the business has to achieve.

• Specific Business Planning Activities

If the organization keeps a tight budget, the consultant can advise the business based on specific objectives. For example, a start-up may require specific advice on Human Resources. In such a case, the consultant can provide them with advice on human resource activities.

• Tailoring the Business Plan

Business Plan consulting also comprises of tailoring the business plan to the main objectives and goals of a business. This can be achieved when the consultant understands the specific strategies of the business. The consultant is free is to give any advice on implementing such strategies. However, tailoring the business plan to achieve the objectives of the business is crucial.

• Mentoring

A business plan consulting firm not only advises the organization on the business plan, but they also play a crucial role in mentoring the organization. When the business plan is implemented in an organization, the consultant’s role is to ensure that the organization achieves the goals and principles developed in the business plan. If there are potential issues, the business plan professional should come up with actions to mitigate any loss caused to the organization.

• Budgetary Analysis

Planning is one of the primary activities carried out by a business plan consulting firm. The budgetary analysis is also developing as one of the main functions carried out by the business plan consulting firm. A budgetary analysis is understood as calculating the budget of a particular organization and drafting a business plan according to the business's needs. Through this, an organization can estimate the desired results of the business plan with a limited budget.