Masterplans, based in Portland, Oregon, writes business plans for SBA loans, visa applications as well as for businesses seeking venture capital or angel investors. In addition to business plan writing, Masterplans can also review your existing business plan and give you feedback and suggestions for improvement. The plans offered by this service are high quality, and rate well in terms of cost and turnaround times.
Masterplans assigns a team of experts to help with your business plan, and a manager works to organize and update you on the project as it progresses. Each expert works individually on the market analysis, financial forecasts and business narrative. By dividing the plan up, Masterplans can complete your plan faster.
Our reviewers evaluated the sample business plan posted by Masterplans and compared it to a checklist of best practices. We gave Masterplans a business plan quality score of 100 percent. The plan is thorough and contains all the necessary elements: market, industry and competitive analysis; detailed financial forecasts; marketing plans; and detail about what differentiates the client's product from the competition.
Masterplans uses IBISWorld and ESRI for its market research. It also has an extensive in-house library of reports and articles to create the industry and market analysis section of your business plan. Depending on what type of business plan you need, Masterplans offers custom layout and design options. Their investor-grade business plan design can be tailored to fit your business's feel and personality while the bank-level plan comes in one standard format.
It usually takes between seven to 10 days before you receive the first draft of your business plan. This is average for the services we reviewed. If you need your plan quickly, you can get a rush job for an additional fee. Business plans through Masterplans range from $1,900 to $7,500, depending on the type of plan you need.
Once you receive the first draft, you have four weeks to review it and provide your feedback and changes to Masterplans. You can expect to receive a corrected plan in two to three days. If you have an existing plan and want it critiqued by Masterplans, you can submit it and receive feedback within one day.
Masterplans offers high-quality business plans for a good price, based on the services we evaluated. You can expect to receive a draft within seven to 10 business days. You will have to pay extra if you want your plan to be designed.
Editor's Note: Looking for a service to help you write a business plan? Fill out the Compare Quotes button below to have our sister site, BuyerZone, provide you with information from a variety of vendors for free:
How Does Your Business Stack Up? Get a Free Business Report Card!Get My Report Card