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WAHM > Stay at Home Mom Work Ideas > Selling a Service > Start a Business Plan Consultancy Service

Learn How to Start Your Own Business Plan Consultant Business from Home

Business Plan Consultant Business

What you will be doing. Every good business needs a plan of attack. If you fail to plan then, as the adage says, you plan to fail.

A well written business plan can be the key to getting loans and other financing, finding clients, and expanding your business..

You will be assisting future entrepreneurs with this beginning part of their business. Writing a successful plan keeps businesses on the right track. Knowing what to include and leave out will be your job. Show customers how to turn a page full of ideas into a formalized business plan that anyone can read and understand. If you’ve created a business plan for yourself or helped others, then a consulting business may be the next logical step.

How to start. Acquire business plan templates. This will give you and your clients an idea of how to present their information and what they are missing. Visit business forums to find out what consultants charge and how-to tips for getting your business off the ground.

A home office gives you a place to work and meet with clients. Make sure that the room has a door to shut out the rest of the house when business is being conducted. Learn all you can about successful business plans. There is software available for that purpose. Keeping a library of reference materials gives you instant help whenever you need it.

Make sure that your computer is reliable. You will need to show clients sample plans on the screen and access other information during meetings or phone calls. A printer, copier, fax machine, and separate phone line will also be needed.

Start up costs. Software will cost a bit depending on what you need to purchase. Sample business plans, bookkeeping software, and software kits are advised for this type of business. Home office tools that you don’t have can be found at discount with a bit of comparison shopping.

Skills needed. Knowledge of business and marketing would help the budding consultant. Your clients will come with all sorts of plans for service or product driven business ideas. Writing skills will tighten up the business plan proposal to say the most in the fewest words.

Your familiarity with business practices makes you an asset to anyone with an idea but no plan to carry it out. You can then suggest ways to make the business idea more marketable that the customer may not have considered. What you know can improve their chances of success down the road. Trends in business lend insight to you about whether an idea has saturated the market or will carve out a useful niche.

Marketing. If there are kits available to write business plans why should they use you? This is a question to start with when considering how to market your consulting business. Your answer will drive your marketing campaign.

Advertise your skills for free on the Internet at places like MySpace, Squidoo and eBay. Money lenders may sell advertising space on their websites. Look for financial websites as well to advertise your business service.

Consulting is a lucrative business. You will be giving advice to others and getting paid for it. Use this as a starting point to expand your skill set into other business areas.

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