Business Plan Writers Services
Comprehensive Review of Wise Business Plans: Is It Worth Your Investment?
Are Wise Business Plans worth your investment? This review covers their key features, services, and customer feedback to help you decide.
Key Takeaways
- Wise Business Plans provides highly customized business plans and expert consultancy services, earning a strong reputation for their detailed market research and financial forecasting.
- The company supports a wide range of business needs, including funding acquisition, business formation, and digital marketing, partnering with major organizations to further enhance service offerings.
- While praised for their comprehensive and professional business plans, some clients have reported challenges with communication and project delays, highlighting areas needing improvement in the user experience.
Introduction to Wise Business Plans
Founded in 2010, Wise Business Plans has quickly established itself as a prominent player in the business planning industry. With over 15,000 business plans written and more than 100,000 consultations provided, the company boasts a robust track record of helping businesses and entrepreneurs achieve their goals. They offer a range of services designed to cater to various needs, from securing bank loans to meeting immigration requirements.
What sets Wise Business Plans apart is their personalized approach. Each plan is meticulously crafted based on thorough market research and financial forecasting, ensuring that it meets the specific requirements of the client. This level of customization has earned them high praise from clients who appreciate the professionalism and comprehensive nature of the services provided.
Beyond just providing business plan writing services, Wise Business Plans offers expert consultancy services, providing valuable insights that help businesses navigate the complexities of the market. This holistic approach has led to numerous success stories, with clients expressing excitement about taking the next steps towards finalizing their business plans.
However, these bold claims warrant a thorough evaluation. This review will explore the different aspects of Wise Business Plans to ascertain if they indeed fulfill their promises.
Unique Selling Points of Wise Business Plans
One of the standout features of Wise Business Plans is their team of MBA business plan writers, including professional business plan writer(s). This highly qualified team ensures that clients receive expert assistance tailored to their specific industry, covering more than 400 different sectors. Whether you need:
- a strategic plan
- a franchise plan
- a bank plan
- an investor plan
- a nonprofit plan
When it comes to creating a wise business plan, Wise Business Plans claims to have you covered.
Another unique selling point is their comprehensive range of services. Beyond just writing business plans, they offer business formation and licensing assistance, digital marketing services, and have partnerships with major organizations like The UPS Store, Norton, and Nav. This wide array of services positions Wise Business Plans as a one-stop-shop for all your business planning needs.
Wise Business Plans also takes pride in their ability to help businesses secure funding, including through bank business plans. They have reportedly helped clients raise over $1 billion in funding, thanks to their:
- Detailed business plans
- Net 30 account offerings, which aid in their efforts to build business credit and contribute to business credit building, as well as improving the business credit profile
- Reporting to three major business credit bureaus: Experian Business, Equifax Business, and Creditsafe, making them a reliable business credit bureau partner
These factors further enhance their credibility.
Although these claims are impressive, their validity needs assessment. Subsequent sections will scrutinize the specifics of their services to determine if Wise Business Plans matches the hype.
Target Audience Analysis
Wise Business Plans primarily caters to business owners, large enterprises, and entrepreneurs seeking tailored business plans and expert consultation. These groups often require detailed and professional plans to secure funding, attract investors, and navigate the complexities of market research and digital marketing.
For entrepreneurs and small business owners, Wise Business Plans provides a valuable service by helping them:
- Tailor their advertising and market research efforts to better reach their target audience
- Understand the specific needs and preferences of different demographic groups
- Serve and advertise more effectively to their customers
Initial Consultation and Onboarding Process
The initial consultation with Wise Business Plans involves an in-depth discussion to understand the client’s business needs and goals. This thorough approach ensures that the team captures all the necessary details to craft a comprehensive and effective detailed business plan. Clients need to provide a detailed overview of their business, including financials and target market information, which helps the consultants tailor the plan to the client’s specific requirements.
The onboarding process is designed to be seamless and supportive, with consistent communication between the client and the Wise Business Plans team. Clients are required to complete a comprehensive questionnaire and provide initial documentation such as business licensing, tax returns, and existing business plans. This step-by-step process ensures that all relevant information is gathered upfront, minimizing delays and misunderstandings later on.
A dedicated project manager is assigned to each client to:
- Guide them through the onboarding process
- Provide personalized assistance
- Act as a point of contact
- Address any questions or concerns that arise during the process
This personalized assistance helps clients feel supported and ensures that the project stays on track, enhancing the overall experience for the client.
Tools and Resources Provided
Wise Business Plans offers a variety of tools and resources to support their clients in the business planning process. One of the most notable resources is their comprehensive investor business plan template, which helps users connect with investors and explore growth opportunities. This template is designed to be user-friendly and thorough, providing a solid foundation for creating a professional business plan.
In addition to the business plan template, Wise Business Plans provides a range of business templates, including invoice templates in various formats such as Word, Excel, PDF, Google Docs, and Google Sheets. These templates are extremely helpful for managing various aspects of a business, from financial tracking to client communication.
Another valuable resource offered by Wise Business Plans is their professional resume templates. These templates assist clients in creating well-formatted resumes that can be used to attract top talent or present themselves professionally to potential investors. By providing these tools, Wise Business Plans ensures that their clients are well-equipped to handle various business needs.
Customization Options
One of the key strengths of Wise Business Plans is their ability to offer customization based on industry-specific insights and services. Clients have direct communication with their writers to ensure that the business plans are tailored to their unique needs. This degree of customization is pivotal in creating a plan that mirrors the client’s vision and goals accurately.
Wise Business Plans also allows for revisions to address specific client needs and feedback. This iterative process ensures that the final business plan meets the client’s expectations and is ready for presentation to investors or banks. The company’s willingness to make revisions demonstrates their commitment to customer satisfaction.
In addition to content customization, Wise Business Plans also offers custom design elements based on client preferences. This includes personalized graphics, layouts, and branding elements that make the business plan visually appealing and professional. The ability to deliver custom business plans, which are customized and comprehensive, has been a critical factor in the positive reception among users.
User Experience and Interface
The user experience and interface of Wise Business Plans have received mixed reviews from clients. On the positive side, the application process is straightforward and can be completed online, making it accessible and convenient for users. The ease of use and clear instructions provided by the platform have been appreciated by many clients.
However, some clients have reported the following issues with the service:
- Delays in project completion
- Poor communication during the process
- Incorrect implementation of design changes requested by clients
- Business plans with plagiarized content from their own websites
These issues have led to frustrations among clients and have resulted in major business delinquencies.
Despite these challenges, Wise Business Plans has maintained a rating of 3.5 out of 5 stars on Trustpilot, indicating a generally positive user experience overall. While there is room for improvement in terms of communication and project management, the company’s commitment to delivering high-quality business plans has been recognized by many clients.
To address these issues, Wise Business Plans could benefit from implementing more robust project tracking and communication tools. By ensuring that clients are kept informed throughout the process and that their feedback is accurately incorporated, the company can enhance the overall user experience and build stronger relationships with their clients.
Quality of Business Plans
Clients of Wise Business Plans have consistently praised the detailed and methodical approach taken by the team. The business plans are often described as thorough, well-researched, and professionally presented, which has led to high satisfaction among users. The attention to detail and the comprehensive nature of the plans are key factors that set Wise Business Plans apart from other service providers.
The professional quality of the business plans is further enhanced by the extensive market research and financial modeling conducted by Wise Business Plans. These elements add significant value to the plans, making them more effective in achieving business objectives. Clients have reported that the business plans helped them secure loans and investments, demonstrating the practical success of Wise Business Plans in delivering results.
However, noteworthy is the fact that some clients have encountered quality issues with the business plans, such as receiving plagiarized content from their own websites. While these instances appear to be exceptions rather than the norm, they highlight the need for stringent quality control measures to ensure that all business plans meet the highest standards.
Overall, the majority of clients have found the business plans provided by Wise Business Plans to be of exceptional quality, often exceeding their expectations. The detailed and professional approach taken by the company has led to numerous success stories, with clients achieving their business goals and securing necessary funding.
Customer Service and Support
Customer service and support are areas where Wise Business Plans truly shines. Clients have highlighted the following advantages:
- Fast and efficient responses during the business planning process
- Quick turnaround time for requests and changes
- Ensuring that projects progress smoothly
The team at Wise Business Plans is frequently described as courteous, professional, and responsive. Clients have expressed gratitude for the exceptional customer service provided, noting that the team goes above and beyond to meet their needs. The positive and supportive experience clients have while collaborating with the Wise team has been a major factor in their overall satisfaction.
Assigned project managers play an instrumental role in steering the project smoothly, providing guidance, and guaranteeing client satisfaction. Customers have found these project managers to be helpful and involved throughout the process, addressing any concerns and offering valuable insights on areas of their business plans that needed improvement.
The high level of support provided by Wise Business Plans enhances the overall experience and contributes to the success of their clients’ business ventures.
Pricing and Value for Money
Pricing for Wise Business Plans varies depending on the specific services used, with no hidden fees or subscriptions. The range for a basic business plan is approximately $1,650 to $15,000, which can be a significant investment for small startups. Consultancy fees range from $100 to $400 per hour, reflecting the expertise and personalized service provided.
Despite the potentially high cost, many clients believe that Wise Business Plans offers good value for money. The reasons for this are:
- The comprehensive and professional nature of the business plans
- The extensive market research and financial modeling
- The transparency in pricing and the use of mid-market rates without hiding costs
These factors justify the investment for those seeking high-quality business planning services and further enhance the perceived value.
For those on a tighter budget, Upmetrics is noted as a more affordable alternative to Wise Business Plans. While Upmetrics may not offer the same level of personalized service and detailed business plans, it provides a viable option for entrepreneurs and small business owners who need a cost-effective solution.
Ultimately, the decision to invest in Wise Business Plans depends on the specific needs and budget of the client. For those who require a high level of customization and professional quality, Wise Business Plans offers a compelling value proposition.
Pros and Cons of Wise Business Plans
Wise Business Plans offers several advantages, including:
- Professional and customized business plan writing that caters to various industry needs
- Comprehensive market research and financial modeling provided
- Effective tools for securing funding and achieving business objectives
These advantages add significant value to the business plans.
However, there are some drawbacks to consider. The services can be quite expensive, particularly for small startups. Additionally, some users have reported longer-than-expected processing times and issues with communication, which can be frustrating.
While the quality and professionalism of the business plans are generally high, these potential cons should be weighed against the benefits when deciding whether to invest in Wise Business Plans.
Final Recommendation
Wise Business Plans offers:
- Tailored business plans
- Expert consultation
- Comprehensive services
- Professional quality
- Personalized approach
Clients have reported increased confidence and success in their business ventures, highlighting the positive impact of Wise Business Plans.
For those on a tight budget, Upmetrics is a recommended alternative that offers a more affordable solution without sacrificing essential features. Ultimately, the choice depends on the specific needs and financial constraints of the client, but Wise Business Plans stands out as a strong contender for those seeking high-quality business planning services.
Summary
In conclusion, Wise Business Plans offers a comprehensive suite of services designed to meet the diverse needs of business owners, large enterprises, and entrepreneurs. Their professional approach, detailed market research, and financial modeling have helped numerous clients secure funding and achieve their business objectives. While the pricing may be on the higher side, the value provided through their personalized and thorough business plans justifies the investment for many.
Overall, Wise Business Plans stands out as a reliable and effective business planning service. For those who require a high level of customization and professional quality, it is a worthy investment. However, for budget-conscious entrepreneurs, Upmetrics provides a viable alternative. By weighing the pros and cons, potential clients can make an informed decision that best suits their needs and financial constraints.
Your Frequently asked questions, Now answered.
FAQ’s
Wise business is used by sole traders, freelancers, limited and public companies, partnerships, charities, and trusts in various countries including the European Economic Area, Canada, US, UK, Switzerland, Australia, and New Zealand.
Wise Business Plans offers a range of services, including strategic, franchise, bank, investor, corporate, merger and acquisition, custom, and nonprofit plans. Additionally, they assist with business formation, licensing, and digital marketing.
A basic business plan from Wise Business Plans ranges from $1,650 to $15,000, with consultancy fees from $100 to $400 per hour. Therefore, the cost can vary depending on the specific needs and scope of the plan.
Wise Business Plans’ team of MBA plan writers and comprehensive services, including market research and financial modeling, make it unique in helping clients secure funding and achieve business objectives.
The target audience for Wise Business Plans includes business owners, large enterprises, and entrepreneurs seeking tailored business plans and expert consultation.