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Digg it UP - 10 Critical Facts to Put On the Cover of Your Business Plan...
The Advantages of Giant Advertising BalloonOne evening you are walking down the street with a gloomy mind. Unexpectedly you look up and see a colorful giant advertising balloon and rapidly a cloak of delight engulfs you. At all times, simple brilliance has delighted human mind. Different innovation has enriched the ad world for ages but nothing has touched human heart like simplicity. Arouse joy and increase your sale, advertise your brand on giant balloons.The prime aim of any ad is to capture your customer's attention. But ads on radio or T.V have lost their appeal and are fast reaching expiry date. The ads on newsprint or Internet pop ups give no contracts. Funds requested and collateral: State exactly how much money you are raising and a description of the form you are requesting it in (debt or equity). Also tell what you are offering as security to investors, if anything.Financial data- Provide a summary schedule outlining how you'll use the proceeds you raise. Keep it at a high level; you'll have the details in the plan itself.
- A columnar summary of key historical financial figures like sales, net income, assets, liabilities and net worth. What you ultimately list here will also depend on the type of financing you are seeking (debt or equity).
- A columnar schedule of key projected financial figures for three or five years out similar to those listed in your history.
Exit: Briefly tell how investors wi Business Plans - Beliefs About Lenders and InvestorsEvery business works within the context of core beliefs. We have developed beliefs that define how we work with lenders and investors. We consider them to be guiding principles that, if applied, will improve the quality of your business plan as well as the quality of your relationships with others. We share them with you in this article in the hope that you will find these beliefs worthy of adopting in your business as well.Belief 1: They fund people, not projects.Funders are not interested in your product as much as they are in you. After all, you are going to manage In most business plans, no matter how striking the idea, the covers are
critically important. The majority of investors may flip to the executive
summary, if they get past the cover, when deciding whether or not they
are interested. Exactly like the front page of a daily newspaper, a business
plan cover puts the important highlights of the proposal upfront for
potential investors to read.The success of an entire business plan campaign may stand or fall on what
is said on the cover of the business plan. In his book, the Venture Capital
Handbook, David Gladstone wrote that of the one-hundred proposals a
week an investor receives, maybe ten are read. So, providing critical information on your cover is about the most
important thing for sparking the interest of prospective investors. In fact,
your cover page competes with hundreds of other documents, worksheets,
phone calls, articles, and other information for the attention of prospective investors. And, based on Gladstone's figures, it competes in time,
because, seen for a few seconds, it is heeded, or passed up, and seldom
returned to by readers. Here are the ten critical pieces of information to include on the cover page of
your business plan. - Headline: Start your cover page with an appropriate headline that will interrupt and engage your prospective investors. Use the headline to tell them something news worthy about your venture.
- Company: Be sure the name of your company is on the cover, but the name of your company is not the headline or the most important trigger to an investor. If your company is a start-up company, your name will likely have no meaning to investors.
- Contact: Indicate the name of the person you want prospective investors to contact about the proposal. Be sure to include a phone number and email address at which they can be reached. One thing about the email address, make sure it is professional; avoid cute addresses.
- Type of business: In ten words or less state the industry you are in and the stage of your business, such as 'start-up" or first round financing, development stage or second round financing, and so on.
- Business summary: A brief paragraph describing what your business does or proposes to do. Summarize the material events in the development of your business (including any material mergers or acquisitions) during the past five years, or for whatever lesser period you've been in existence. Describe the industry in which you sell or expect to sell your products or services and any related trends within that industry. Describe that part of the industry and the geographic area in which your business competes or will compete.
- Management: Simply list the top two or three key people with a two-sentence description of their backgrounds, what they will be doing for the company and unique skills and experiences each adds to the company.
- Product/service and competition: Very briefly describe your products or services and how you'll produce or render them. If you plan to offer a new product(s), tell its present stage of development, including whether or not you have a working prototype(s). Indicate what it will take in terms of money, resources, and approvals to completely develop the product. Disclose if you are dependent upon one or a limited number of suppliers for essential raw materials, energy or other items. Describe any major existing supply contracts.
- Funds requested and collateral: State exactly how much money you are raising and a description of the form you are requesting it in (debt or equity). Also tell what you are offering as security to investors, if anything.
- Financial data
- Provide a summary schedule outlining how you'll use the proceeds you raise. Keep it at a high level; you'll have the details in the plan itself.
- A columnar summary of key historical financial figures like sales, net income, assets, liabilities and net worth. What you ultimately list here will also depend on the type of financing you are seeking (debt or equity).
- A columnar schedule of key projected financial figures for three or five years out similar to those listed in your history.
- Exit: Briefly tell how investors wil
Use Factoring to Grow Your Business, Don't Wait Until You Are StrugglingHave you ever refused a job or an order because your business didn’t have enough
capital to purchase the supplies or hire the extra staff? You build a good reputation,
have good workers and then when you finally get a nice big contract, you have to
turn it down because all your money is tied up in accounts receivables. You know
the bills will be paid, but they aren’t due quite yet so you are the one who suffers
because of cash flow problems.If you have customers who are established, are good credit risks and almost always
pay on time, you can sell those invoices to an investor (a factor). The fa uments, worksheets,
phone calls, articles, and other information for the attention of prospective investors. And, based on Gladstone's figures, it competes in time,
because, seen for a few seconds, it is heeded, or passed up, and seldom
returned to by readers.Here are the ten critical pieces of information to include on the cover page of
your business plan. - Headline: Start your cover page with an appropriate headline that will interrupt and engage your prospective investors. Use the headline to tell them something news worthy about your venture.
- Company: Be sure the name of your company is on the cover, but the name of your company is not the headline or the most important trigger to an investor. If your company is a start-up company, your name will likely have no meaning to investors.
- Contact: Indicate the name of the person you want prospective investors to contact about the proposal. Be sure to include a phone number and email address at which they can be reached. One thing about the email address, make sure it is professional; avoid cute addresses.
- Type of business: In ten words or less state the industry you are in and the stage of your business, such as 'start-up" or first round financing, development stage or second round financing, and so on.
- Business summary: A brief paragraph describing what your business does or proposes to do. Summarize the material events in the development of your business (including any material mergers or acquisitions) during the past five years, or for whatever lesser period you've been in existence. Describe the industry in which you sell or expect to sell your products or services and any related trends within that industry. Describe that part of the industry and the geographic area in which your business competes or will compete.
- Management: Simply list the top two or three key people with a two-sentence description of their backgrounds, what they will be doing for the company and unique skills and experiences each adds to the company.
- Product/service and competition: Very briefly describe your products or services and how you'll produce or render them. If you plan to offer a new product(s), tell its present stage of development, including whether or not you have a working prototype(s). Indicate what it will take in terms of money, resources, and approvals to completely develop the product. Disclose if you are dependent upon one or a limited number of suppliers for essential raw materials, energy or other items. Describe any major existing supply contracts.
- Funds requested and collateral: State exactly how much money you are raising and a description of the form you are requesting it in (debt or equity). Also tell what you are offering as security to investors, if anything.
- Financial data
- Provide a summary schedule outlining how you'll use the proceeds you raise. Keep it at a high level; you'll have the details in the plan itself.
- A columnar summary of key historical financial figures like sales, net income, assets, liabilities and net worth. What you ultimately list here will also depend on the type of financing you are seeking (debt or equity).
- A columnar schedule of key projected financial figures for three or five years out similar to those listed in your history.
- Exit: Briefly tell how investors wi
Business Continuity - 1 Minute Of What, Why And HowBusiness continuity management has been around for ages. Think of Noah’s ark! Although many definitions exist, in essence it is about trying to avoid bad things happening to your business but having a plan if they do.This can cover a lot of things such as taking out insurance, adding extra security measures or even changing the way you do things. It can reveal the need to create a specific plan. Eg how to work elsewhere in case your premises are out of action.Since you cannot plan for every possible threat or spend a fortune on stuff you might never need, some tips and techniques have been develope name of the person you want prospective investors to contact about the proposal. Be sure to include a phone number and email address at which they can be reached. One thing about the email address, make sure it is professional; avoid cute addresses. - Type of business: In ten words or less state the industry you are in and the stage of your business, such as 'start-up" or first round financing, development stage or second round financing, and so on.
- Business summary: A brief paragraph describing what your business does or proposes to do. Summarize the material events in the development of your business (including any material mergers or acquisitions) during the past five years, or for whatever lesser period you've been in existence. Describe the industry in which you sell or expect to sell your products or services and any related trends within that industry. Describe that part of the industry and the geographic area in which your business competes or will compete.
- Management: Simply list the top two or three key people with a two-sentence description of their backgrounds, what they will be doing for the company and unique skills and experiences each adds to the company.
- Product/service and competition: Very briefly describe your products or services and how you'll produce or render them. If you plan to offer a new product(s), tell its present stage of development, including whether or not you have a working prototype(s). Indicate what it will take in terms of money, resources, and approvals to completely develop the product. Disclose if you are dependent upon one or a limited number of suppliers for essential raw materials, energy or other items. Describe any major existing supply contracts.
- Funds requested and collateral: State exactly how much money you are raising and a description of the form you are requesting it in (debt or equity). Also tell what you are offering as security to investors, if anything.
- Financial data
- Provide a summary schedule outlining how you'll use the proceeds you raise. Keep it at a high level; you'll have the details in the plan itself.
- A columnar summary of key historical financial figures like sales, net income, assets, liabilities and net worth. What you ultimately list here will also depend on the type of financing you are seeking (debt or equity).
- A columnar schedule of key projected financial figures for three or five years out similar to those listed in your history.
- Exit: Briefly tell how investors wi
What Are The Business Rules Of Your Organization?The theory of Behavior finance shows us the influence of emotions in the decision-taking-process. Because of various reasons, we use rules that are not always rationally sound.Myers and Briggs have elaborated the psychology of Jung into a psychological model that describe different personality types. These types give insight in which different people have different preferences. For example, the differences in the way they consume information (through concrete observation or through intuition)."Everybody has thoughts and feelings but some pay more attention to their thoughts than to their feelings…Tho n that industry. Describe that part of the industry and the geographic area in which your business competes or will compete. - Management: Simply list the top two or three key people with a two-sentence description of their backgrounds, what they will be doing for the company and unique skills and experiences each adds to the company.
- Product/service and competition: Very briefly describe your products or services and how you'll produce or render them. If you plan to offer a new product(s), tell its present stage of development, including whether or not you have a working prototype(s). Indicate what it will take in terms of money, resources, and approvals to completely develop the product. Disclose if you are dependent upon one or a limited number of suppliers for essential raw materials, energy or other items. Describe any major existing supply contracts.
- Funds requested and collateral: State exactly how much money you are raising and a description of the form you are requesting it in (debt or equity). Also tell what you are offering as security to investors, if anything.
- Financial data
- Provide a summary schedule outlining how you'll use the proceeds you raise. Keep it at a high level; you'll have the details in the plan itself.
- A columnar summary of key historical financial figures like sales, net income, assets, liabilities and net worth. What you ultimately list here will also depend on the type of financing you are seeking (debt or equity).
- A columnar schedule of key projected financial figures for three or five years out similar to those listed in your history.
- Exit: Briefly tell how investors wi
The Key to Online Success - Stop Being EvilCould online America actually be helping us?When it comes to ebusiness most of us take one side or the other: Business owners are either viewed as helpful visionaries or evil devils. The evil view feels that the heads of major corporations exist to fleece our pockets and take our money. They’d roll us in the alley given the chance. If you’re looking for a bad guy, few compare to the faceless evil of corporate America so often portrayed in today’s media. The evil corporation is out to get your money!If you ever bother to take a second look with the good light turned on, you will have contracts. - Funds requested and collateral: State exactly how much money you are raising and a description of the form you are requesting it in (debt or equity). Also tell what you are offering as security to investors, if anything.
- Financial data
- Provide a summary schedule outlining how you'll use the proceeds you raise. Keep it at a high level; you'll have the details in the plan itself.
- A columnar summary of key historical financial figures like sales, net income, assets, liabilities and net worth. What you ultimately list here will also depend on the type of financing you are seeking (debt or equity).
- A columnar schedule of key projected financial figures for three or five years out similar to those listed in your history.
- Exit: Briefly tell how investors will get a return on their investment. For example, you might plan to go public in five years, buy back their initial investment at four times in four years, or perhaps sell the business to a financial or a strategic buyer.
If you're struggling with how to fit all this information onto your cover page, go here to see an example of a cover page layout: http://www.business-plan-secrets-revealed.com/business-plan-cover-page.html
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