With generative AI advancing and becoming easily accessible to everyone, this question has been on the trend like never before: Is it worth getting your plan professionally reviewed when you can always use ChatGPT?
I see people using generative AI tools for all sorts of things. Itโs fair that they may also use them to review and refine their business plan, find & fix strategic loopholes, and financial blunders.
ChatGPT doesnโt cost you much, whereas a professional consultant may charge a few hundred dollars. (we do $500)
So we come to this question: is the $500 worth it?
Hello, I’m Kaylee, the lead consultant at Upmetrics, and in my first newsletter from Upmetrics, I’ll answer this question for you.
While I can give a short answerโyes, it’s worth itโIโm certain youโre not here for shorters. So, letโs cater to this question rationally.
$100K to $1M funding >>> $500 review cost
If getting a business plan professionally reviewed can help you get a bank loan, grant, or investment worth thousands of dollars, donโt you think itโs worth it?
Our consulting team and I have helped our clients raise over $43M in funds and capital, and I’m confident we can help you, too.
If not professionals, who?
Hiring a professional business plan consultant to review your business plan isnโt just about making your writing persuasive or grammatically correct.
Professionals bring an objective perspective to your plan, we help you:
- Identify strategic gaps, loopholes
- Make it super-relevant to its purpose.
- Strengthen your marketing strategy.
- And more.
I didnโt mention many things in the list, such as getting connected to the preferred SBA lendersโ network, attending feedback meetings, and more.
If you have someone who can help you with all this, youโre better off not hiring a professional. Just make sure you have an answer to: if not professionals, who?
Does ChatGPT know investors better than experts?
We make a living helping entrepreneurs write business plans, pitch to investors, and raise capital. Not to brag, but itโs our forte; we understand what investors want to see in your business plan.
We not only clearly present what they want to see, we make them see what we want. We hold control of what readers/investors see in your business planโhelping you put your best foot forward to go for a win.
ChatGPT is not quite there yet.
But, ChatGPT is great with numbers & financials
ChatGPT is greatโit can quickly analyze financial projections, spot inconsistencies, highlight market trends, and flag unrealistic assumptions.
However, the hands-on, real-world experience experts bring is something ChatGPT canโt. For instance, ChatGPT can provide cash flow estimates, but the consultant would notice that payment cycles from B2B clients could create cash shortages.
To have realistic financial projections, negotiate better investor terms, and attract the right funding partnersโyou need your plan to be professionally reviewed.
You know whatโฆ You decide if itโs worth it!
Schedule a free 30-minute consultation call with me. If you find our discussion worthwhile and our offerings match your requirements and expectations, we’ll team up. A no-strings-attached discussionโhow does that sound?
Hopefully this has answered your question, and you now know whether or not it’s worth having your business plan professionally reviewed.
Thatโs all for today. Until the next time,
Happy business planning ๐
