Technical Assistance, Commonwealth Business Development Corp.

Request a Consultation Today.

Business Plan Fees

Business plan preparation fees depend upon how much research has already been completed by the entrepreneur and how much additional research he or she is willing to assist Commonwealth Business Development, LLC. The minimum fee is $1,000.00 and can range up to $5,000.00. After the scope of the project has been agreed upon by both the entrepreneur and CBD, we determine a firm fee commitment. Commonwealth Business Development, LLC requires 40.0% of the fee at the beginning, 40.0% when the draft of the business plan is completed, and 20.0% when the final business plan has been accepted. Business Plans can usually be completed in 15 business days.

If you would like to get an estimate of what the fee would be to prepare your business plan, here are the guidelines Commonwealth Business Development, LLC uses. Out of each Section listed below, choose the one that best represents your level of ability or stage of operations. Please keep in mind this is an estimate and the fee we determine can be different from the fee you calculate.

Stage of Company

Start-up

3 Points

Description

Request a Consultation Today.

Business Plan Fees

Stage of Company

Start-up

3 Points

Established company seeking expansion capital

5 Points

Mature company considering merger/acquisition

7 Points

Large company using business plan as a management tool

9 Points

Type of Capital Preferred

Loan from a Commercial Bank

1 Points

Loan from SBA or other Public source

2 Points

Loan from Private Lender

3 Points

Funding from Venture Capital

5 Points

Funding from Private Investor

5 Points

Funding from Acquisition Firm

6 Points

Project Description

Business Plan Drafted by Client just needs review and polishing

1 Points

Business Plan has been substantially completed by Client

3 Points

Business Plan has been partially completed by Client

5 Points

None of the Business Plan has been completed

7 Points

Scope of Company’s Business

One product or service

1 Points

Multi-product or several divisions

6 Points

Diversified company with several Divisions and broad product line

10 Points

Market Analysis Required

Client has complete information on customers, market size, and competitors

1 Points

Information not compiled by Client, but readily available

4 Points

Market information is not available and must be completely researched

8 Points

Narrative Section of Business Plan

Company’s operations easily understood little explanation required

1 Points

Company is in a technical field which requires significant explanation

5 Points

Highly complex project which requires substantial explanation

10 Points

Financial Data

No historical financials to analyze, all projections drafted by client

1 Points

Basic Financials provided by client, need review and additions

3 Points

All financial projections completed by CBD staff

6 Points

Substantial Financial history to be included and all projections done by CBD staff

7 Points

Historical data must be recast by CBD staff (mergers & acquisitions)

10 Points

Client Availability

Client is easily available

1 Points

Client is usually available

2 Points

Client is difficult to reach

5 Points

Client Profile

Client has written business plans before

1 Points

Client has owned, managed, or financed other companies

3 Points

This project is Client’s first entrepreneurial experience

8 Points

Ready?…Let’s GO!