Business Plans

“By failing to prepare, you are preparing to fail.” – Benjamin Franklin

Overview

When a business is trying to secure debt or equity financing they need a business plan. For debt financing having a business plan is crucial, as is having well thought out financial projections. Business plans show that the organization understands its business model and that the vision can be communicated in a practical way to a lender. Without being able to do this, chances are low that funding will be secured from lenders. Business plans show your vision for the organization and include key elements like:

  • Your team and employee plans
  • Details that surround this vision
  • Financial assumptions to link to financial projections
    • Plans without projections and links to assumptions are insufficient
  • Knowledge of business model and how it can change
  • Risks and your plan to handle them, which shows your expertise

Our Business Plans Service

Innovative Dubuque LLC uses time tested templates to get the most important items right. We help clients to make sure key assumptions are clearly being identified.

It is important to remember the goal of writing business plans is to gain financing. We have helped hundreds of clients gain financing, including several very large multi-million dollar projects. We do this by understanding what lenders need to know and helping the entrepreneurs to communicate this information and leave out the fluff. It is important to keep plans easy to follow.  Unless it is specifically requested, plans past the 3-year time frame distract from the clarity needed for lenders and investment committees to be comfortable with loaning money.

Many clients do not understand how lending works, so we explain this to them.  This includes how lending committees work and what items each lender is most likely to fund and at what percent and rate.

Business Plans Video

Business Plans - Innovative Dubuque LLC - Brock Waterman - Business Consulting - Dubuque - IA

Our Business Plans Packages

As you can see below we have options starting with a simple business plan review and going all the way to working with you from start to finish. Choosing the package that best fits your needs depends on your own situation.  This includes factors like where you are in the process and how much help you need. We have secured many multi-million dollar projects.  We are able to do this because of the depth of knowledge we have for this process.  We know what is critical and what is not, so we bring focus on what must be done first.  Not sure where to start?  We recommend creating a financial projection first.  Next develop your business plan.  This helps to bring focus to the process and increases the likelihood of getting funding.

Review

$1,870

Analysis Hours (4)

Process Hours (2)

Review Business Info

Partial Plan

$5,470

Analysis Hours (24)

Process Hours (12)

Review Business Info

Review Business Model

Complete Business Plan – 1 Section

 

Full Plan

$9,070

Analysis Hours (40)

Process Hours (20)

Review Business Info

Review Business Model

Complete Business Plan

Integrate Previous Financial Statements

Project & Plan

$12,670

Analysis Hours (60)

Process Hours (30)

Review Business Info

Review Business Model

Complete Business Plan

Complete Financial Projections

Receive Discounted Package Rate

Get Funding

$16,870

Analysis Hours (80)

Process Hours (40)

Review Business Info

Review Business Model

Complete Business Plan

Complete Financial Projections

Receive Discounted Package Rate

Find Funding Options

All Packages Include

  • Focus on items that bring most impact for time or money
  • Direct client communication and ability to ask questions
  • Access to and use of our templates and tools
  • Dropbox account for file sharing, if needed
 

Notes

  • No package comes with the guarantee of funding at any amount or interest rate
  • Process hours include items like setup, logistics, preparation, and research
  • Financial statements include 1) Sources and Uses, 2) Income Statement, 3) Cashflow Statement, and 4) Balance Sheet
  • For the Project & Plan and Get Funding packages, an overall lower per hour rate is charged for each hour of work within the package
  • The default delivery method of our services is virtual (video conference, telephone, and email).  In-person visits bring additional expenses including mileage, transport, airfare, meals, lodging, and other potential expenses.  In-person options may be limited or not available due to various factors, including but not limited to, nationwide, state, or regional pandemics.
  • Buy 1 Give 1 Community MBA Eligible Packages
    • 1) Partial Plan 2) Full Plan 3) Project & Plan 4) Get Funding