Except from VoyageDallas Magazine: Eric Kim discusses how PlanIt Business Sets Itself Apart
Date: 10/04/17 By: PlanIt Business Team
Eric Kim, CEO and Founder of PlanIt Business, was recently interviewed by VoyageDallas Magazine.
PlanIt Business (“PIB”) – what should we know? What do you guys do best? What sets you apart from the competition?
PlanIt Business (“PIB”) is a customized business plan writing service. Our clients seek highly customized, professional and credible business plans in order to submit to capital sources for funding purposes. Most of our clients are at the concept or very early start up phase of their journey and they seek bank loans or investor capital in order to complete development of their software, their mobile app, procure inventory, acquire equipment, fund development and/or general corporate purposes for business expansion.
Beyond writing business plans we also create investor pitch decks, Private Placement Memoranda (“PPMs), conduct business valuation analyses, and serve as interim / outsourced CFO. We also write operational manuals. Generally, if you need some sort of market research, financial analysis or any other business document – we can do it!
What sets us apart from the other business plan writers, ties back to the very reason I started PlanIt Business in the first place – that is, to provide highly customize, highly researched and well-thought out business plans based on our experience doing it for large corporation clients on Wall Street and Fortune 500. We found that nobody was servicing the small-to-middle sized business segment. Given that over 96% of all businesses in the United States are small businesses, we believe that we provide a critical service and fill this gap.
What sets PIB apart from other business plan writers is our people. This is a service business. We do not sell “products.” Each client engagement is unique and it requires getting to know them, understanding their vision and integrating our vast experience in similar business models and situations. Our team is comprised of MBAs from top schools, experienced c-level professionals and most importantly of entrepreneurs like our clients – we have been in their shoes; we have successfully raised capital. We understand the uncertainties with start ups and we can commiserate with you on the setbacks and celebrate with you on the successes. We have served as bankers, venture capitalists and angel investors – so we know exactly what your business plan audience expects to see in your documents. Additionally, we will go out of our way to make introductions to you as practical out of our vast network of investors, business partners, etc, as a free service to our clients.
The “business plan writer” industry is pretty fragmented with a lot of independent or freelance writers. In certain circumstances, business plans are getting outsourced to offshore resources. We do all of our work in-house of our Texas office. We do not outsource. We have been writing business plans since 1996.
I have taught workshops on various business plan writing topics to the coaches, consultants and mentors at the SBA / SBDC. Some of our competition cut corners in copy/paste, use of templates or software – while we feel that this serves a specific purpose such as for internal purposes, it does not work for sophisticated investors or bank committees – they come out too generic.