Business intelligence, or BI, is an umbrella term that refers to a variety of software applications used to analyze an organization’s raw data. BI as a discipline is made up of several related activities, including data mining, online analytical processing, querying and reporting. Companies use BI to improve decision making, cut costs and identify new business opportunities. BI is more than just corporate reporting and more than a set of tools to coax data out of enterprise systems. CIOs use BI to identify inefficient business processes that are ripe for re-engineering.
An organization or enterprising entity engaged in commercial, industrial or professional activities. A business can be a for-profit entity, such as a publicly-traded corporation, or a non-profit organization engaged in business activities, such as an agricultural cooperative.You get what you pay for. A good business plan writer charges at least $100 per hour. Anyone who promises to write your plan for $400 or less either isn't qualified to do it or isn't spending the time on your plan that your business deserves.
Don't expect results overnight. The consultant you hire is going to have to study your business, your location, and your industry. He's going to need to interview you and learn your goals. All that is going to take time. Time you're paying for.
One size doesn't fit all. Your business is unique, so you need to find the right consultant for you. Take time and research consultants carefully. Make sure they have an A+ Better Business Bureau rating. Find somebody who's done plans for other businesses like yours, preferably in your industry.
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