Business plans are vital documents and road maps for both the entrepreneur and investors. The quality of theses business plans vary with content and composure.

This said,

-Will you be willing to pay N5m for a business plan development?

- Will it guarantee funding facilitation from investors?

- Is it best you develope your own plan even though you don't have the experience?

-Are template business plans effective at all?

-Should there be a max. Cap in the cost for Business writing?


Experts in the house over to you....

Absolutely Yes. The importance of a quality business plan cannot be overemphasized.

Once again, I will as long as it has potential to deliver profits 10X the cost of the business plan.

How much do I have to invest in d business for me to want to pay 5m for a business plan..

How can one identify or guaranty that the business plan has the potentials to deliver! Whether in investor facilitation or internal generation.

The worry will be what if it has the potentials and thats where it stops without getting that opportunity. Then I guess it becomes a gamble-whether calculated or not is another question.

Six11:
Absolutely Yes. The importance of a quality business plan cannot be overemphasized.

Once again, I will as long as it has potential to deliver profits 10X the cost of the business plan.