Also, we will collectively call the minimum and maximum points of a function the extrema of the function. So, relative extrema will refer to the relative minimums and maximums while absolute extrema refer to the absolute minimums and maximums.
Cost. More and more advisors are offering this type of service with a monthly retainer. Often they will charge $500-$2,000 upfront for the initial planning phase and then charge a monthly fee of $50 â $300 per month depending on the complexity of your financial needs.
1 According to the data provided by smallbusiness.chron.com, the cost to write a business plan runs approximately $50 to $150 per hour, while a flat-rate package may cost around $400 to $1,000. According to ehow.com, a typical small firm may charge a lump sum rate of around $2,000 for a simple business plan while a more complex business plan may cost as much as $9,000.