The sequence of engaging investors goes something like this…
Burke Franklin, Creator:
Business Power Tools
Author: Business Black Belt
- Elevator pitch
- 2-3 page Executive Summary
- 20-minute PowerPoint presentation
- Comprehensive Strategic Business Plan
How to prepare… Do it in reverse order:
- Comprehensive Strategic Business Plan
- 2-3 page Executive Summary
- 20-minute PowerPoint presentation
- Elevator pitch
The process of developing a comprehensive strategic business plan assures that you cover all the bases. I say ‘strategic’ because you must develop a business plan including your business model (how you will make money) that is actually a blueprint for what you intend to do — more than just a “document to get money”. It will enable you to answer any questions thrown at you from investors.
Your financial model had better make sense and demonstrate a clear path to profitability and a high future business valuation.
Also, from here you can develop the Executive Summary highlighting the key features of your business and why it is a great investment. (Remember investors don’t want to buy your product, they want to invest in your business. So it is is crucial that you focus on why yours will be a successful business.)
The 20-minute PowerPoint “pitch” enables you to quickly step through a logical sequence that sells your concept as a viable business. This will guide your agenda through your early meetings with investors. You will need to be quick to answer questions.
Lastly, your elevator pitch—as if you were in an elevator with an investor and had enough time to get their attention and generate some sincere interest in about the time it would take an elevator to go a few floors before they get out… you get their business card and a request that you submit your Executive Summary. The goal is to get a meeting to give your presentation.
The comprehensive business plan will be of interest as the investor considers your deal—before writing a check, they will want a comprehensive plan including your business strategy.
Then their due-diligence starts…
If there were a investor aphrodisiac…
Entrepreneurs often ask what investors want to see in order to get funded. Many people agree that a summary business plan is sufficient to generate interest in your project. We’ve taken the 2-page pre-scripted Executive Summary template from BizPlanBuilder and integrated the Revenue / Demand (Excel) model to project your sales, costs and profits.
It quickly builds a credible case for funding. And you can do it easily yourself! We’ve also added all of the cover letters to use with VCs, Angels, Lenders, Friends, Family, and more. Downloadable Word & Excel templates work with PCs & Macs. It grabs investors’ attention and it’s a no-brainer deal for $37!
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.
