On this page we have included some common questions typically asked by our prospective clients.
If you have a question that is not listed below, please email us and we will be glad to provide additional details and information as you consider working with us.
What are your qualifications?
BizPlanShark was founded by Alex Ormond in 2008 as a side hustle born out of a desire to bring corporate-level expertise to small business owners and entrepreneurs. Alex has 15 years of experience in corporate finance, marketing and strategy, including with leading consumer brands and technology companies. In addition to his practical corporate experience, Alex holds an MBA from the Simon School of Business, a top-10 finance MBA program in the United States, and the Financial Modeling and Valuation Analyst (FMVA) certification from the Corporate Finance Institute.
What types of businesses do you help?
Our mission is to help small businesses and their owners. As a result, we focus on working with business owners and entrepreneurs who are about to start their first solo business or need help securing financing and improving operations of an existing small businesses.
Do you work with established companies or only with new businesses?
We work with business owners who either have a business, or would like to open one and are happy to assist you whether you are already down the path of entrepreneurship or are about to embark on your business journey for the first time.
How can I contact you?
Do you have references? Can I see examples of business you have helped?
By all means. Over the last 10 years we've had the good fortune to assist many business owners and entrepreneurs across a variety of industries and geographies. We are happy to share below the names of a few that demonstrate the diversity of our client base and expertise.
Do you require payment in advance?
We do not require a full prepayment, but do require a 50% deposit. The balance of the fee is due only when we deliver the final financial projections or business plan to you. Please note, that every service we provide also includes 90 days of unlimited changes and revisions.
What payment methods do you accept?
We offer a number of payment methods, all chosen to afford you maximum flexibility in paying your invoice.
Plans and Financials
Can your plans be used for banks, investor and immigration purposes?
Every plan we develop is unique and reflects your individual objectives, personal and business goals, as well as financial reality. In all cases, the plans we write meet bank and investor requirements and include comprehensive marketing, competitive, business and financial analysis.
How do you write my plan? What is your process?
Our first and foremost objective is to ensure that your business model is viable, sustainable and profitable. As a result, we have created a unique process that delivers greater success and better business accuracy - whether we create financial projections or a complete business plan.
How long does it take to write my plan?
Depending on which service you choose (financial projections or a complete plan), we can provide you with completed financial projections in as little as 48 hours from the moment we receive all required information from you.
Can we meet to discuss my plan objectives?
In all cases we work with our clients virtually which enables us to assist you no matter where you are located. We can be reached by phone, email, WhatsApp and Skype and make ourselves available to you in accordance with your schedule.
How much money have your clients secured with your plans?
We have written plans and financial projections that have resulted in either investments or loans in the amounts that range from as little as $50,000 to $1.2 mlilion. On average, however, our clients require plans/financial projections to apply for commercial or business loans with banks and are seeking between $100,000 and $450,000.
What do I need to demonstrate to banks or investors to improve my chances of getting funded?
If you are a first time entrepreneur and require business funding, the banks will look at a combination of factors:
What files will I receive? What file formats do your plans and financial use?
Our financial projections are comprehensive Excel worksheets, containing around 12-15 tabs that include a summary of your required start-up funds, analysis of your staffing needs, fixed costs, revenue forecasts, as well as income statement, statement of cash flows and balance sheets for 3 years. We can also make financial projections available to you via Google Sheets.