Frequently Asked Questions

General Inquiries

  • We have a 100% upfront payment policy, meaning the full project value is required at the start of the project. This upfront payment allows for a smoother editorial process, enabling us to release the source files promptly. We can accommodate two payment for certain higher value projects.

    For your convenience, we accept payments through all major credit cards and e-transfer.

  • No, we do not outsource any of our projects. Our team consists of experienced business writers, editors, and project managers, many of whom hold MBAs. These dedicated professionals work closely with our passionate co-founders to ensure the delivery of exceptional results. When you hire us, you can rest assured that your projects are handled entirely in-house by our skilled and qualified team.

  • Many competitors claim their success rates in securing capital for clients, but posting such figures is simply unreasonable. Raising capital involves numerous intricate factors, and investors consider a wide array of elements before making investment decisions. Our primary objective is to optimize your funding package, ensuring it is well-prepared and maximizing your chances of raising funds successfully. That's precisely what we do.

  • What Sets Us Apart:

    • Extensive Experience: With a track record of creating over 3,000 customized business plans, we possess the expertise and insights necessary to deliver exceptional results tailored to each your unique requirements.

    • Impressive Success Rate: Our 97% client success rate speaks volumes about our ability to secure investments and help businesses thrive. We take pride in consistently achieving positive outcomes for our clients.

    • Diverse Trusted Partnerships: Collaborating with over 40 trusted partners underscores our credibility and the value we bring to various industries and stakeholders.

    • Global Presence: We have a broad international reach and have worked with clients in over 90 countries, enabling us to understand diverse business environments and cater to a wide range of clients.

    • Efficient Process: We streamline the business planning process, delivering first drafts within 7-10 business days, allowing you to save time and focus on your business's growth.

    • Highly Customized Solutions: Our team takes the time to thoroughly understand your business, industry, and goals, enabling us to create a business plan that reflects your vision and maximizes your potential for success.

    By choosing Mikel Consulting, you gain access to a wealth of experience, a track record of success, a vast network of partners, and the dedication to provide highly personalized and efficient solutions for your business needs.

  • We adopt a comprehensive approach to research, drawing from a diverse array of reputable sources to ensure the accuracy, relevance, and up-to-date nature of the information used. Here are some common sources of research that we utilize:

    • Market Research Reports: Paid access to market research reports from reputable firms.

    • Government Data and Statistics: Government agencies frequently publish economic and industry-specific data that can be highly valuable in supporting the analysis and projections in business plans and financial models.

    • Industry Publications and Journals: Staying updated with industry-specific publications and academic journals is crucial. By doing so, we stay informed about the latest developments, best practices, and emerging trends in different sectors, ensuring their clients receive the most current and relevant insights.

    • Professional Networks: Drawing on our extensive experience, we maintains a strong network of professionals, industry contacts, and advisors. These connections provide us with valuable information, guidance, and access to industry-specific knowledge.

    By combining research from these diverse sources, we uphold a commitment to delivering credible, accurate, and reliable services to our clients.

  • At Mikel Consulting, we specialize in assisting businesses across various industries, including startups, small and medium-sized enterprises (SMEs), and established companies. With our experience in diverse sectors such as technology, healthcare, finance, manufacturing, hospitality, and more, we have gained valuable insights into specific industry challenges and opportunities. Having prepared over 3,000 plans since inception, we are well-equipped to tailor our services to the unique needs and goals of each client, providing effective and customized business plans to secure funding for growth and achieve strategic objectives.

  • At Mikel Consulting, we prioritize the utmost confidentiality and data security for our clients. We implement robust measures to protect all sensitive information shared with us during the engagement. Our team follows strict confidentiality protocols, and we do not disclose any information to third parties without explicit consent. We also have a mutual NDA that we would be happy to share.

  • Our streamlined process ensures a smooth and successful journey towards your goals:

    1. Initial Consultation: Discuss your goals with one of our professionals either through email or a phone call.

    2. Ready to Engage: We send a contract and detailed questionnaire specific to the type of service requested. The questionnaire includes questions about the business details, business model, business strategy, and may request copies of other pertinent documents such as resumes, branding, agreements, and contracts.

    3. Questionnaire Review: One of our team members reviews the completed questionnaire to ensure that we have all the necessary information. If any additional information is required, we will follow up for clarification or additional documentation.

    4. Writing: The business plan writing process begins. This process typically takes 7-10 days but rushed delivery is available.

    5. Revisions: The first draft of the business plan is submitted for review. We revise the plan based on feedback and suggestions.

    6. Delivery: After the content of the business plan is approved, it undergoes a final proofreading session. The plan is then delivered as the final working product.

Business Plan Inquires

  • Our business plans start at CAD $1,250. The final cost is determined based on factors such as the complexity of the business model and the type of plan required (e.g., investor, bank loan, immigration). For an accurate and personalized quote, please contact us directly. Additionally, we prioritize transparency and display starting price details on each business plan page.

  • Typically, it takes 7-10 days to complete a business plan. However, we also offer rushed delivery options for an additional fee.

  • We understand the importance of refining and perfecting your business plan to meet your specific needs. That's why we offer unlimited revisions within a 30-day period to ensure that your plan is precisely tailored to your requirements and objectives. We work closely with you, making adjustments and incorporating your feedback until you are fully satisfied with the final result. Our goal is to provide you with a comprehensive and polished business plan that aligns perfectly with your vision and maximizes your goals.

    For immigration business plans we go one step further. In the rare case of plan rejection, we address concerns and revise the plan based on immigration officer feedback to meet required standards. Our guarantee includes adjustments and revisions to align with specific feedback. Our experienced team works closely with you to understand rejection reasons and increase chances upon resubmission.

  • The business plan typically consists of 25-50 pages. The length does depend on which type of business plan is being prepared. Furthermore, we always prioritize the quality of the content rather than focusing solely on the page count.

  • The business plan will be provided in both Word and PDF formats, while the financial model will be presented in Excel.

  • Absolutely! Market research and competitor analysis are integral components of any business plan. Our team conducts comprehensive market research to gather valuable insights on industry trends, target audiences, and market dynamics. Additionally, we analyze your competitors' to identify strategic advantages and differentiate your business in the market.

  • Absolutely. Financial forecasting and projections are a core aspect of our services. Our skilled financial experts utilize accurate data and market trends to create detailed financial models that encompass revenue projections, expense estimates, cash flow analysis, and more. These forecasts provide valuable insights to guide your business's financial planning and decision-making.

  • At Mikel Consulting, we pride ourselves on delivering personalized business plans that precisely match our clients' individual requirements. To achieve this, we have developed a comprehensive and detailed questionnaire. Through this questionnaire, we gather in-depth information about your business, industry, target market, objectives, and other critical aspects.

    Our team carefully analyzes the responses provided in the questionnaire, ensuring we have a comprehensive understanding of your specific needs and goals. With this valuable insight, we then proceed to tailor every aspect of the business plan, including market research, financial projections, and strategic recommendations, to align perfectly with your vision.

    This meticulous process guarantees that your business plan is not only highly customized but also sets you on a clear path to achieve success in your unique market and industry. Rest assured, our focus is on delivering a plan that maximizes your potential for growth and attracts the right investors or lenders to support your business.

  • Absolutely! You can provide us with as much or as little information as you have available. Our team will combine your input with in-depth market research and our expertise to create a comprehensive investor-ready business plan.