To Hire A Business Plan Consultant or Not...

[SMD]

Originally Posted by jc212

I should've provided a few more details... Both of my companies are self sustaining and require very little from me to maintain efficiency. Once I start this other venture, I will no longer be employed in my current position as this will require my full attention. I am well aware of the sweat equity needed to start and operate a new venture.

If you have two self sustaining businesses, why is capital your biggest issue? Do those businesses not spin off cash, and if they do not, maybe you need to focus on making those successful first. If I were an investor the first place I would look is at your existing track record -- how have those two businesses done, how have you managed them, what do their financials look like, etc.

[jc212]

Originally Posted by swatty

Thanks Eddie, looks like the OP is to busy to reply

No sir. Not too busy... I just try not to log on too much as I find this site pretty addicting and will scroll for hours! To answer your previous question, yes and no. As of now, there is no time for a new venture. However, once a there's a written plan in place and I feel like I have all of my ducks in a row, I will quit my current job and focus my time and energy to the business.

[envuks]

My take has always been if you don’t write your own plan you’re less likely to execute on it


However, if it’s purely a time crunch, it’s not necessarily a bad idea to out source. Assuming you make far more in your job working and cant squeeze it in by sacrificing social activities (more)




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