PROS / Joorney offers an unlimited revision period after you receive the first draft of your business plan.
CONS / It doesn't offer investor identification services.
VERDICT / Joorney offers business plan writing at a low cost with quick turnaround times, but it has fewer research resources than other services we reviewed.
Joorney is a business plan service with offices in Miami, New York, San Francisco and France. It focuses on business plans exclusively and doesn't offer any consulting services. Joorney specializes in visa business plans, so if you are in need of a plan to apply for a E2, L1 or EB5 visa, it may be an option to consider. Joorney also offers plans for funding and SBA loan application.
When you contact Joorney for a business plan, you'll speak to a consultant and discuss the goals of your plan. You'll then receive a questionnaire to fill out. The questionnaire contains all the relevant information that Joorney uses to complete the plan. You have an unlimited amount of time to request revisions.
As part of our review process, we evaluated sample business plans posted by each service and compared them against a checklist of business plan best practices. Joorney received a score of 90. That means you can expect each plan to include an industry analysis, market research, a marketing plan and a competitive analysis. Joorney uses only three research databases, one of the fewest of any service in our review, but getting a report from these databases is expensive and using a business plan service can save you that cost.
The usual turnaround time for a business plan from Joorney is between seven and 10 days, though it can vary depending on the complexity of your plan. The price for a plan also varies, again depending on the purpose and complexity. The simplest SBA plan costs around $1,000, while a plan for investors costs around $2,500. If you have an existing plan and want it reviewed by a professional business plan writer, Joorney offers this service. It usually takes one to two days to review the plan and can cost between $300 and $500.
One of the additional benefits of a business plan service is they often have other ways of helping your business grow. Joorney focuses on writing business plans and, unfortunately, doesn't offer investor identification, though it does provide management consulting and strategic planning.
Joorney writes business plans for a low cost and in a short period of time. These plans are high quality, despite Joorney using fewer research sources than other services. This is strictly a business plan writing service and doesn't offer investor identification services.