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Bankers, for instance, have different motivations than equity investors (venture capital fund managers and angel investors).
Starting a business is an inherently optimistic endeavor.
Despite the odds, we entrepreneurs do everything in our power to set ourselves up for success, hoping that our business will defy the statistics and be among the minority that makes it past the 10-year mark.
Many people write to ask where they can find a consulting business plan template.
Well, here’s a free outline of a consulting business plan template.
Thankfully, I have since streamlined my services and am about to celebrate six years in business, but I think I could’ve avoided many mistakes if I had at least made a simple freelance business plan for myself when I started.
To help you have the best chances of succeeding in your service-based business—whether you plan to freelance, become a consultant, or start an agency—below, I’ll walk you through the basic components of a business plan.
Also, take a look at this video where Sabri Suby, founder of King Kong digital marketing agency and instructor for our Consulting Empire course, discusses the best business plan for consultants.
As you can see, planning can pay off—especially if you’re seeking funding.
But if we’re so concerned about success, why is it that so many of us place so much intense focus on our ?
Research has shown that having a business plan can boost your average annual growth by 30% and increase your chances of succeeding by 16%!