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

[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?

[chi]

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

[chi]

lol if you are really bad at it you can pay to have someone do it for you

[Lunk1]

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.

[chi]

I like that idea the best lol.

sometimes it is best left to professionals if you feel uneasy!!!

[MuscleInk]

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.

[lstbred]

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.

[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

[MuscleInk]

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.

[trikydik]

i can write one....
pretty easy

[moseley2004]

Make sure the business plan includes the business making money and loads of it. They will invest for sure lol

[MuscleInk]

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.

[kitstreasure]

Make sure you have a couple people proof read it for you.

[JohnnyVegas]

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.