Tuesday, November 18, 2008

How to write a business plan to attract investors

How to write a business plan to attract investors

by Joe Keny


your new business needs a group of investors who are willing to provide funds to help create new products or hiring new employees. Venture capitalists and philanthropists are always looking for innovators who have an idea that is at the cutting edge. May be your great idea, but if you do not write a business plan that attracts investors, you will face a number of challenges in the early stages .

Attracting investors with a plan complete business

Learning parameters of venture capital and business plan competitions before you write a plan. You should not use a business plan for each meeting with investors, because every investor looking for a different combination of variables in a business idea. Discover the venture capital investment competition at the University of North Carolina for advice on how to get investors on board (see Resources below ).

Impress Investors with a clear statement of objectives of your business. Your statement of intent must be one concise paragraph of defining the ultimate objective of your business. For example, you can attract investors by indicating that your company's ultimate objective is to the page on the local market within 5 years .

provide biographical information on all members of your team ownership. Your business plan should include a section on each high-level executive and member of staff, including success in the past from new businesses. The unique nature of your property team can attract an investor who is more concerned about office dynamics that specific products .

a complete inventory of each piece of equipment needed to start your business. You need to write the names of equipment, a sentence description of its function and the average price of major suppliers .

Calculate the money you get when you approach investors with a plan 'business. Your savings accounts, property and other assets necessary financial show, which is crucial to convince investors of your ability to start a business .

Imagine your company's profits for the first year. You can estimate the projected profits by taking a modest turnover of your business and compare your operating budget. Earnings projections give your investors a measure of your business and scale, it gives your employees a goal during the first year of operation.

This article is written by Free Article Tool.

About the Author

Joe Keny - Everthing about business.The above article can be found in Business Center.


No comments: