Are we able to look at some of your past work?
Certainly. We will make available to you some redacted examples of our past work once a mutual non-disclosure contract has been signed. We can share these documents through email, in person with a hard copy, or by mail. Even though our examples are heavily redacted, they are still to be treated as confidential documents.
Are you going to disagree with any of my ideas or plans?
Not if your assumptions are correct. We are here to help you avoid mistakes and we will prepare you for the difficult questions you will face with investors. We will put your ideas to the challenge and flush out any potential flaws that investors may find.
Can we request a list of your references?
Yes. We would be delighted to connect you with our previous clients, some of whom have conducted Success Story articles and/or videos for your review. These are accessible from the site's menu.
Do you do “rush” work?
Although we entertain such requests, there is usually a 50% premium. We usually work on multiple plans at a time and special rush requests can interfere with our project scheduling.
Do you take equity stock as payment in full or part, or can you delay payment until we have received government funding or have otherwise raised capital?
Not at this time.
How do we know if this is the right time for our company to start looking for new funding?
Canada Business Plans is able to carry out an analysis on your company at no charge. Contact us at any time.
How do you determine the pricing of your services?
Our package fees are fixed and priced according to:
• The scale of the whole project.
• The completeness and quality of the provided materials, such as preliminary business plans, financial projections, market and competitive research, etc. The better prepared the materials, the less time and effort will be needed to arrange the information.
• How clear and easily understood your vision for your business model is, as well as for your marketing and distribution strategies, financial forecasts, etc.
• Your level of motivation and availability to be involved in the business plan's production process, financial forecast mode,l and investor presentation.
• The difficulties inherent of the specific industry and business model you require.
• The accessibility of industry information.
• A specific time frame comparative to our current task load. As a rule of thumb, “rush” jobs will be charged an extra premium compared to projects that are completed within the standard production schedule.
How long will it be before we get approval for government funding or receive capital financing?
Once everything has been in place, it may take between 3-8 months.
How much time is needed to produce a plan?
On average, approximately 4-5 weeks are needed to produce a complete business plan with financial forecast and investor presentation. However, certain factors can influence the actual time needed to produce a plan, including (but not limited to):
• The quality of materials/ information provided
• Your degree of participation and availability
• Your business model and market intricacies
• Our current task load
How will we know if it is worth our while to hire you?
The majority of our clients are small to medium businesses seeking between $5,000 to $150,000 in government funding, business loans, or capital funds. It is recommended that you already have some knowledge of your business and industry, especially if it has any relevant history of attracting government funding or capital financing. Tentatively, the requested amount of funding that you receive should be sufficient to last 6 months to a year before your next round of fund raising.
If needed, will you agree to sign a non-disclosure contract?
Sure. However, we do insist on the use of a mutual non-disclosure contract where our proprietary knowledge and secrets can be safeguarded as well.
Once we have your business plan, is that all we will need to start applying for funding or capital?
You may require the services of an attorney to supply additional materials to make certain what your business will offer complies with federal and provincial securities regulations. You will still need to arrange and include all the documents needed by investors for the due diligence process. These include corporate by-laws, employee stock option plan, customer and supplier agreements, employment contracts, patent applications, joint venture contracts, etc.
What are your credentials and experiences?
Our consultants range from entrepreneurs to veterans in the banking industry. However, it is our established track record that distinguishes us from all others. You can learn more about our consultants and short biographies here.
What key points do investors require in a business plan?
You can find this information elsewhere on our site, especially our "Resources" section.
Where are you based out of and how do you collaborate with clients in other parts of the country?
We are based in Toronto, Ontario and primarily communicate with our clients by phone, email, and fax. We can also meet with clients that are in our local area, upon request.
Why should I spend my money on Canada Business Plans' services?
We are well worth the money, because ...
• Of our Successes: We know there are many low-priced business plan companies and some do offer fine work. However, our plans are designed not only for businesses seeking government business grants or bank loans but also for venture capital. These lower-priced plan consultants tend to focus on small business clients that are only looking for SBAs or bank loans. Statistically, only about 1 in 250 of these plans make it through to funding whereas our success rate with superior funding resources has been much higher.
• Your Time is Important and Limited: The time taken to create a proper business plan, financial forecast, and presentation would take most entrepreneurs an average of 500 hours to complete. That time could have been used to increase your venture's value by instead channelling your efforts on product, customers, or marketing and distribution channels.
• There is Value Added With Professionalism: While a typical plan takes about 500 hours to complete, we are able to complete a plan in 120 -140 hours. The rate per hour for our service is definitely less than what you would pay your CA, lawyer, or product image / brand-name consultant. While these are much needed services, there is value to be recognized in hiring the right specialist for the right job. We know we are a good deal compared to the other professionals that may be in your employ to assist with other necessary and equally specialized aspects of your business.
Will there be any follow-ups after the final business plans have been delivered?
Yes, we will be available to answer any further questions you may have at no extra costs.