This collaboration process will have a different shape with respect to the specific firm you will work with, but includes these important stages:

Interview Stage

After a contract has been signed (and possibly even before) interviewing will occur where in actuality the consultant attempts to gather the maximum amount of business information directly from the entrepreneurs or managers as possible. If you can find multiple managers or founders, they'll check out reconcile their different accounts of what the business is attempting to complete and make the team conscious of significant divergences.

Research Stage

With the interview information as background, the consultant can now use a wide selection of resources to get supporting data and statistics for the company plan. This will end up being the basis of the industry/market, customer, and competitive analysis chapters of the plan. That is work that could primarily be achieved by the consultant or consultants on their own. However, the client should keep an eye on the method, getting updates on findings at various intervals to allow them to offer input rather than merely a huge report at the conclusion of the research process.

Strategy Consulting Stage

With an improved notion of the marketplace situation, the consultant has become ready to help the client craft a much better strategy. Good quality consultants will not simply accept the business's strategy as dictated, but provides their particular comprehension of business strategy to the table at this point. Discussions between the two parties is likely to be crucial that you the method only at that stage.

Outlining and Drafting Stage

With strategy and the basic information for the business enterprise plan now in hand, the consultant can outline the fundamental business plan. A draft of the master plan will next be created that ought to serve as a place of additional discussion if necessary.

Completion Stage

Finally, the plan is proofread and copy edited. Appropriate graphics, such as for instance charts, graphs, and logos are inserted to raised illustrate what's being said. The business enterprise plan consultant should provide directions regarding how the program should really be printed and maybe even how and to whom it must be presented.