by Burke Franklin, Founder and CEO, Business Power Tools For a moment, put yourself in an investor’s position (actually, do this throughout the plan writing process). What would YOU want to know about a business before you invested in it? Think about investing money in a friend’s business to get the mental, physical, emotional and…
A business plan is a written document used to describe your business. The sections of a business plan are fairly standard, so you can find lots of help from those that have gone before you. Each section in a business plan has a specific purpose. Certain sections can be as short as one page. For…
A while back I was shopping for a new car. In the show room one dealer had a plaque over their door that read,”Our mission is to become the most profitable [brand] dealer in Northern California.” Uh oh! What does that tell you? ( I wonder if they are charging too much.) That ‘mission statement’…
Much has been said and written about investor presentations. The “PowerPoint presentation” may seem like the all-important (and sometimes, harrowing) opportunity to make your pitch for capital, but it shouldn’t be a surprise introduction for investors. Investors will often request a copy of your PowerPoint deck prior to meeting with you. Send it to them.…
Building a business requires more than just an idea and a plan. For a moment (and you may need to refer to this moment often), put yourself in an investor’s position… What would YOU want to know about a business before you invested in it? We often recommend investing an amount of money in a…