There is a
great danger in allowing the first professionals who reads your business plan
to be the funders you would like to convince to work with you. These can all be
covered by an experienced business plan consultant, or can be handled by
individual experts in these respective fields.
The format,
style, and grammar of your business plan deserves a review by someone with
business copy editing experience. However, a professional can go beyond this
because of their understanding of the tone and style that a business plan must
strike.
You should
review the legal implications of your business with a lawyer. He or she comment
on the legal structure of your business, the legal liability issues with a
business of your type, intellectual property issues, and any legal issues
involved with making claims you'd like to make to investors. However, an
accountant can review the financial ratios your plan presents and hopefully
compare these to their background in businesses of that industry. An accountant
who expects a long-term relationship with your business may even offer this
type of consultation free of charge.
Finally, the
business strategy, including marketing, operations, and hiring, can be reviewed
by a business professional with entrepreneurial strategy experience. If this
individual has been involved with startups or created business plans before, he
or she may be able to save you from making costly mistakes by asking the type
of questions investors will have before funding your company.