Writing a Business Plan for an IT Consulting Firm

 

The internet and information technology is a absolute essential service for individuals as well as businesses of all sizes. These businesses are able to generate highly predictable streams of revenue on a month-to-month basis by providing a number of services including computer maintenance, network maintenance, and network security. Over the past 14 years, Deutsch and Thomas has worked extensively with information technology consulting firms as well as information technology security consultants to assist them in developing a business plan. Banks and lenders love to place money with these businesses given the fact that once contracts are acquired, these businesses generate highly predictable streams of revenue on a month-to-month basis. Additionally, given the need for all the services – these businesses are typically able to always remain profitable and cash flow positive at all times. Even during times of economic recession, businesses are still going to need access to state-of-the-art information technology networks in order to carry out their business operations. This is where the key focus is in any business plan that we developed specifically for an IT consulting firm.

 

With all the work that we do, Deutsch and Thomas provides a five-year financial model that features a profit and loss statement, common size income statement, cash analysis, balance sheet, breakeven analysis, and all applicable business metrics. If our client is seeking a business loan we focus substantially on the recurring streams of revenue that are generated from the services. At no additional cost, we can provide our client with a second copy of the business plan that is appropriate for a private investor if the entrepreneur is seeking this avenue of financing instead. We also provide all the necessary industry research specific for the information technology industry while developing a full-scale marketing and advertising plan to showcase how the business will obtain service contracts from area small businesses, medium-size businesses, as well as large corporations. A full-scale demographic profile coupled with the competitive analysis is also thoroughly discussed and provided within the business plan.

 

If you're seeking to have a professionally written business plan for your IT consulting firm, please feel free to contact us anytime at 646-216-9844 or to the contact us form on this website. We look forward to working with you!

 

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