Hey,
Myself Dharmesh, Business Analyst by profession and having a good amount of industry experience in wireframe since many years. I use azure or balsemiq or pencil tool for wireframing the concept.
The work method I follow is to start analysis of the requirements and then designing of wireframe in paper and then upon client confirmation, prepare it in actual tool. 2-3 times iteration is fine with me to work.
I have been worked in various types of projects for analysis, understanding, wireframing-(clickable wireframe and non-clickable wireframe , proposal document, presentation, client communication etc.)
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Thanks & Regards,
Dharmesh shah