An initial consultation to attain information regarding the product and/or service, goal, target audience, management, staff needs, and other important information related to the business. The consultation is not expected to exceed one hour. The initial consultation does not obligate TTM to proceed, until the terms of a contract are agreed upon in writing. The initial consultation fee is $95.00.
The business plan preparation service consists of the actual preparation of the hard copy business plan. Services for preparation will also include research of target audience, research of the market/industry, descriptions company, products/service, and need for the service/product, marketing plan, operational plan, management and organization of business, estimated start-up cost, and a 5 year profit and loss projections.
The customer is expected to review a draft of the business plan and approve it prior to TTM preparing the final copy. One paper copy of the plan will be provided to the customer and the customer will be responsible for any other necessary copies. The fee for the business plan preparation services is $1,500 regardless of the amount being requested from a lender/investor. The fee applies to the services provided and does not guarantee or relate to a loan being received with use of the business plan. Payment is due at the receipt of the business plan.
A quarterly plan progress evaluation will be offered as an additional service to assist the customer with staying on track with their plan, make adjustments to the plan, and or revisit the plan. TTM has found that new start up businesses and businesses expanding to a larger market or increasing their scope of service rarely look back at their business plan after they receive needed funding. The business plan for any type of business is critical to its success. If the business is large or small, it will need to maintain its focus during the increased activity of start up and/or expansion. The plan is a resource tool that the business owner(s) create to conceptualize, analyze, and plan its future activities to create and maintain a viable business. Through the quarterly meetings, TTM can assist the business owner(s) in assessing its process in meeting their projected goals and provided recommendations if necessary.
The consulting services, with the exception of the initial consultation, will be provided through a contractual service agreement. All services agreed upon by both parties will be captured in the service contract. Services will not begin until a contract is signed by both TTM and its customer.