Pros:
1. Potential to generate ongoing income. With the right clients, business plan writers can earn significant amounts of money on an ongoing basis.
2. Flexibility in hours and locations of work. Business plan writers typically have the ability to choose when and where to work, giving them an opportunity to balance work with their lifestyle.
3. Ability to use creativity in a productive way. Business plans require creative solutions that can be applied within the confines of marketing and finance principles.
Cons:
1. Long hours working alone. Writing business plans requires long hours of research and writing, making it a solitary job.
2. Constant deadlines. Business plan writers must often work on tight deadlines in order to meet client expectations, which can lead to stress and burnout if not managed properly.
3. Limited opportunities for growth. Due to the nature of the business plan writing industry, there are limited opportunities to move up in the field. Many business plan writers are freelancers, meaning they do not have access to benefits and other perks associated with larger organizations.