In my experience raising capital, investors can’t seem to get enough information.
Think about it. Before they’ll write a check, investors ask all kinds of questions and you need to have answers.
Why do you think only 3-5% of startups get funded?!?
You might as well do the homework ahead of time, do some of the due-diligence, and write out the answers… It’s not just for investors, it’s for your team as well as everyone you’ll approach for support.
I created the BizPlanBuilder business planning software app & templates.
I didn’t write BizPlanBuilder because I thought people should write business plans. I had been reading and reviewing a lot business plans and I saw some really really great ideas, but most of the plans were so bad there was no way any investor was going to give them money.
My first success was helping a small software company sell to Apple. I knew my approach could help others.
You’re competing with hundreds of other deals!
BizPlanBuilder offers a progressive, non-traditional approach to business planning that gives investors all the information they want and need so they can write you a check for 50,000, $500,000, or $5 million. And many have! It’s evolved over 30 years following what investors look for in management teams, the market, competition, your business model, etc. The financial model clearly demonstrates the viability and value of your company.
Today, BizPlanBuilder is cloud-based so you can access it anywhere, anytime and even collaborate between PC and Mac users. We also include a proven PowerPoint / Keynote presentation template as well as the all-important executive summary.
How can you write a good executive summary unless you’ve thought through the entire business plan and written that out first. From there, a tight 30-second “elevator” pitch practically writes itself.
Sure, it’s going to change. You’re likely going to pivot, you’re going to change directions, but you’re not going to change everything. That’s the beauty of software. It enables you to make necessary changes and keep your plan current and usable… not on the shelf. You’re going to refer to your business plan over and over again as you go forward. If/when you need to change tracks, everyone on your team can collaborate and contribute to your plan.
In many companies, the right-hand rarely knows what the left-hand is doing! Not any more!
Beyond the “business model canvas” and “lean start-up,” here is where you can also demonstrate how well you’ve thought-through your business, and build your case that you have the chops and the wherewithal to succeed!
Remember the dot.com crash?
Most of those businesses had no plan! People were getting funded on cocktail napkins, but few showed any promise of profit! Poof!
Investors remember too. And they want as much information as possible to feel comfortable making the decision to fund your deal.
Now, more than ever, a comprehensive business plan is crucial. It’s almost MORE important AFTER you get the investment! Now that there’s real money on the table you’ll need to really think through your priorities for using the cash. Also, it’s good to keep in mind… How much can you do without money?
It’s easy to believe those who say a shortcut is best, but how much effort is it worth to land $50,000, $500,000 or $5 million?
Investors ask a lot of questions – better that we ask them first and assist you with the answers.
If you watch Shark Tank, you know that every shark has asked for a business plan and/or asks questions that could/would/should be considered and included in a business plan. If the contestants had written a plan, they’d have the answers! And maybe a deal!
Yes, you do need a business plan. Better is more. And now it’s easier than ever.
The scalable business growth plan that expands with you
BizPlanBuilder writes a professional business success plan for your project or company quickly and efficiently. Its organized system of pre-scripted sample business plan templates, flexible financial models, and proven PowerPoint presentation example can be downloaded as an app or accessed securely online where you can collaborate with your team and advisors.
It’s the fastest and easiest way of turning your ideas into an investment-grade business funding plan and a successful business. BizPlanBuilder also supplements the “business model canvas” and “lean start-up” ideas to provide investors with the details that make them comfortable and inspired to write checks. You’ll see why when you learn more.
BizPlanBuilder works best for unique business concepts. And it’s the funding leader evolved and vetted over 25+ years through thousands of deals with banks, SBA lenders, angel investors & venture capitalists worldwide. Windows App Or Windows & Mac online.