Results 1 to 14 of 14
Like Tree1Likes
  • 1 Post By JohnnyVegas

Thread: Making a business plan for potential investors (any experience)?

  1. #1
    Lunk1's Avatar
    Lunk1 is offline aka "JOB"
    Join Date
    Mar 2012
    Location
    METHAMERICA
    Posts
    16,392

    Making a business plan for potential investors (any experience)?

    So...I may be tasked with writing a business plan to be presented to investors for a small business (legal lol) venture. Anyone with any experience or insight?

  2. #2
    chi's Avatar
    chi
    chi is offline Knowledgeable Member
    Join Date
    Jan 2011
    Location
    corruption
    Posts
    1,782
    lunk grab a book from the library or the bookstore they usually have a step by step for doing just that and different ways to do it dependent on the type of biz

  3. #3
    chi's Avatar
    chi
    chi is offline Knowledgeable Member
    Join Date
    Jan 2011
    Location
    corruption
    Posts
    1,782
    lol if you are really bad at it you can pay to have someone do it for you

  4. #4
    Lunk1's Avatar
    Lunk1 is offline aka "JOB"
    Join Date
    Mar 2012
    Location
    METHAMERICA
    Posts
    16,392
    Quote Originally Posted by chi View Post
    lol if you are really bad at it you can pay to have someone do it for you
    I like that idea the best lol.

  5. #5
    chi's Avatar
    chi
    chi is offline Knowledgeable Member
    Join Date
    Jan 2011
    Location
    corruption
    Posts
    1,782
    Quote Originally Posted by Lunk1 View Post
    I like that idea the best lol.
    sometimes it is best left to professionals if you feel uneasy!!!

  6. #6
    MuscleInk's Avatar
    MuscleInk is offline Knowledgeable Member
    Join Date
    Jun 2012
    Location
    A rock & a hard place
    Posts
    13,449
    Quote Originally Posted by Lunk1
    So...I may be tasked with writing a business plan to be presented to investors for a small business (legal lol) venture. Anyone with any experience or insight?
    The one I sent you is the proper structure. Don't panic. It'll get done.

  7. #7
    lstbred's Avatar
    lstbred is offline Senior Member
    Join Date
    May 2012
    Location
    NorCal
    Posts
    1,054
    Ya, those guy's will fill the holes you miss and know how to "sell" your idea. You can also find templates on the interwebs.

  8. #8
    Rwy's Avatar
    Rwy
    Rwy is offline Productive Member
    Join Date
    Feb 2006
    Posts
    3,488
    I tried getting an sba loan when I was 19

    I am sure there are prgrams for your pc that can walk you through these things will creating a slide show etc

  9. #9
    MuscleInk's Avatar
    MuscleInk is offline Knowledgeable Member
    Join Date
    Jun 2012
    Location
    A rock & a hard place
    Posts
    13,449
    Quote Originally Posted by Rwy
    I tried getting an sba loan when I was 19

    I am sure there are prgrams for your pc that can walk you through these things will creating a slide show etc
    The framework is easy. Plenty of resources. The content is the hard part but I have insight and connections for that too.

  10. #10
    trikydik's Avatar
    trikydik is offline Senior Member
    Join Date
    Mar 2013
    Posts
    1,232
    Blog Entries
    2
    i can write one....
    pretty easy

  11. #11
    moseley2004's Avatar
    moseley2004 is offline Associate Member
    Join Date
    Sep 2011
    Posts
    183
    Make sure the business plan includes the business making money and loads of it. They will invest for sure lol

  12. #12
    MuscleInk's Avatar
    MuscleInk is offline Knowledgeable Member
    Join Date
    Jun 2012
    Location
    A rock & a hard place
    Posts
    13,449
    Quote Originally Posted by moseley2004
    Make sure the business plan includes the business making money and loads of it. They will invest for sure lol
    Actually, the management team and exit strategy gets more attention. After that its a basic SWOT analysis for most investors.

  13. #13
    kitstreasure's Avatar
    kitstreasure is offline Female Member
    Join Date
    Dec 2012
    Location
    Married to Kit
    Posts
    1,050
    Make sure you have a couple people proof read it for you.

  14. #14
    JohnnyVegas's Avatar
    JohnnyVegas is offline Knowledgeable Member- Recognized Member Winner - $100
    Join Date
    Mar 2003
    Location
    The Desert
    Posts
    5,963
    My wife writes business plans for a living. Not her entire living, but she is always working on one.

    Writing a good one will take tens of hours and should include a lot of research.

    Make sure you sell the hell out of the superiority of your product/service. Focus on competitive advantages. It is even better if you have some kind of intellectual property protection (like a patent) or a process that is not easy to replicate (like a high financial barrier of entry).

    Management needs to be solid. A great product or service means nothing without a solid team.

    Some people really get caught up in projections. Personally, I think they are just BS unless they are based on a long track record of sales. Keep them optimistic but realistic. You will get called out if the numbers aren't attainable.

    Like MuscleInk said: SWOT analysis is important. Don't completely downplay weaknesses and threats as a seasoned investor will see that as either dishonesty or shortsightedness. I am not sure which is worse.
    chi likes this.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •