Do I really need a business plan?

We have found that when entrepreneurs dedicate their time to planning their business, not only do they save money by avoiding mistakes, they are also more likely to succeed. A good business plan requires the entrepreneur to address all the challenges he or she will face and visualize exactly how he or she will achieve his or her goal. Through this process, the entrepreneur will improve his or her understanding of the opportunity ahead and better prepare him or herself for success. This is why banks and investors almost always require the entrepreneur to develop a detailed and professional business plan.

Why can’t I write a business plan myself?

Even if you have an outstanding business background, it can take months to process relevant market research, model your financial projections and synthesize all your data to complete an impactful business plan. It’s much more effective for you to focus on developing your business while leveraging outside experts to write an efficient business plan and gain unbiased perspective into your business. By using The Plan Writers, we will identify new opportunities and challenges for which you can prepare. Finally, we subscribe to top dollar academic literature to which you would most likely not be privy. The research reports alone are usually worth more than the business plan you are paying for!

Who are the writers and what are everyone’s qualifications?

We spend a tremendous amount of time head-hunting quality writers that meet our standards and fit into our company culture. Any writer that is on our payroll will have an MBA and/or at least 5 years of professional work experience. This is to ensure you have the most knowledgeable business plan writing service for your business.

Have you worked in our industry?

There will most likely be someone on our team that has prior business experience in your industry. Chances are, we probably have already written a business plan similar to your business. Does this mean that we ever recycle material? No! We not only personalize every business plan, but you will also be able to leverage all the best practices and trends we’ve discovered. The bottom line is that we all come from diverse backgrounds and are passionate about working through different business models.

What’s the success rate with your business plans?

We often time get asked this question and have to set the proper expectations. As writers, we absorb, guide, and convey your vision to help guide your success. Ultimately, it is up to you to recognize if you have the resources, expertise, and determination to accomplish your goal. An investor or bank may not fund your business plan. However, we can promise you that it will never be rejected because of us.

Types of Cannabis Businesses

admin1

Oct 10, 2019 2:34:29 PM

There is endless scope and opportunity in the cannabis business. Armed with a sound idea and clear business plan, an entrepreneur can easily exploit the market and make a mark in the industry.

The United States presents a huge and booming market for cannabis. It was valued at $10.4 billion in 2018 and is expected to hit $24.5 billion by 2021 – a compound annual growth rate of almost 28%. The rules are easing and new markets opening up by the day.

The business opportunities are varied and plentiful – clear and detailed cannabis business plans can easily help an entrepreneur gain a strong foothold in the industry.

Let’s take a look at some of the interesting sectors related to the cannabis segment:

Farming – Growing and harvesting commercial hemp has immense lucrative prospects. The cultivators can sell the produce to processors, extraction companies or middlemen. The market is widespread.
Extraction – Extracting and processing cannabis is a pervasive sector as well. The extract can be converted into different medical products, CBD oils or even recreational items.
Dispensing – When it comes to selling cannabis to the customers, it is not just limited to hemp, oils and medicines. Distinct products like concentrates, edibles, vaporizers, topicals, tinctures, flowers, pre-rolls, etc. are also hitting the shelves now.
Ancillary – There are various related services that do not even involve direct contact with cannabis. Advertizing, digital marketing, transportation, distribution and other logistical support businesses are easier as they are free of licensing and regulations. Then there are cannabis testing laboratories, dispensary software development, glass blowers, extractor manufacturers, edibles creators and much more.

Therefore, the potential offered by the industry is almost unlimited. It calls for a creative mind to fathom a unique product or service and tap the incredible opportunities that lie in store. And irrespective of the type of business, the importance of professional cannabis business plans cannot be overlooked.

An expert business plan consulting firm – like The Plan Writers (www.planwriters.com) can provide the necessary support and assistance for planning, researching and crafting a clear and comprehensive business plan.

Cannabis Businesses, Cannabis business plans

Types of Cannabis Businesses

Types of Cannabis Businesses

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