New York Investment Network

Business Plan Tips

What Investors Are Looking For In A Plan

Investors, whether angels or VC's, are looking for the same things when reading a business plan. They want to know how big the opportunity is, whether this is the right team to exploit the opportunity, who the competition is, what the risks are, and why they can expect this team to implement successfully. Your job in writing the business plan is to address these questions convincingly and clearly.

Emphasize Your Real Strengths

Highlight what your team brings to the table. If your business hinges on a particular competency (for example, understanding the procurement process), your plan will be more persuasive if one of your team members knows something about it and that is brought out in your plan. Rather than including generic resumes of team members, tailor the resumes to draw out the experience each member has that will make him or her a valuable contributor.

Get To The Point And Make It Clear And Comprehensive

Investors see many business plans. A 20-page plan which clearly lays out your business is far more likely to be read than a 100 page plan. Today, some entrepreneurs are using a 15 slide Powerpoint presentation. If your text is short and punchy, you won't need to repeat yourself, because the reader won't be bogged down keeping ten chapters in their head. Reading the same thing over and over, even if it's in different words, can get really tiring. The more you use brevity and give each concept a single home in your document, the more people will want to read it.

Write In Plain English

If you can't explain your idea in English, either you don't understand what you're talking about (What is a transaction enabled atomic journaling database server, anyway?) or you haven't simplified the idea enough. Think, revise, and try again.

Get Rid Of The Hype

Yes, we know you will be the "premier insert product category here of the Internet, achieving 99% market penetration with 60% customer retention in 3 months". Your product will reach "new heights in customer experience through the use of personalization and one-to-one profiling and customization". It will be "user friendly" because you will be creating a truly "ecstatic customer experience". It is a "quantum leap forward" in the marketplace for product category here. Um, yeah. Believe me, we've read it before. About a dozen times today, in fact. (And by the way, the phrase "quantum leap" really doesn't mean anything.) Stick to a tight, simple explanation of your idea. Convince your reader you'll be the best because your idea is the best, not because you can string a dozen buzzwords together.

Use Quantifiable Information

In each section, back up your assertions with solid facts. Even if you are a new venture and cannot give specific figures on the performance of your business, quote figures for the industry or your competitors. These real figures carry more weight than your assumed projections and give more reality to your plan.

Choose A Huge Market

Especially in the internet world, investors are looking more at the market than at the detailed specifics of your financials. Choose a market that is big enough to be an obvious good opportunity. A business which targets teenage girls who listen to music and has a reasonable chance of capturing 90% of the girls that are online is a huge opportunity. A business which targets net-savvy SAAB mechanics who need prosthetic limbs is not.

Local Investors

United States > Illinois

I'm a young business man looking to invest some of my hard earned money, into some profitable business. I'm looking to expand my revenue and business relationships. I have very little investment experience, but I have owned a company of my own for the past year. I own a call center, and we promote heart checks and timeshares

$10,000 to $500,000

United States > California

I was in construction business in the Middle East. I did international trading extensively from China and India. to the KSA I have management experience

$15,000 to $150,000

United States > Colorado

I have extensive business experience in start ups, capital formation, partnership and venture structure, business plans and securing debt and equity capital for numerous business types.

$50,000 to $250,000

United States > New York

Married couple with high buisness interest seeking to get involved in fun buisness with people we enjoy working. Looking for a long term vision to build wealth.

$5,000 to $50,000

United States > Hawaii

Our Group Buys and Sells Commodity Products for all energy products Worldwide. D-2, Jet Fuel, Bio Diesel, Muzut, Gold, Diamonds,Saudi Grade Crude and more are just a few of the many products we can Buy or Sell Our Group also has access to Hedge Funds and Insurance Funds that will Finance large world wide transactions. We would love to speak to you if you have access to End Sources (Mandates) on the Buy or Sell for End Products Worldwide We love to also talk to you about funding any large products worldwide. We have a Green Fund that would love to discuss all Energy Projects that need funding Worldwide. Thanks for your business

$1,000,000 to $1,000,000,000

United States > Massachusetts

balanced risk return. > 30 years experience in financial services. private investor.

$10,000 to $500,000

United States > New York

I have been in banking for 26 years project manager of lend america mortgage bank within these two months........ we have over 2 billion dollars in joint venure

$350,000 to $5,000,000

United States > New York

Founder of Private Health Care Software Company formed in 1992. Company specialized in Practice Management Software (Billing / Scheduling / Office Management). Company was sold to a Public Company in 1998. Became Chairman/CEO of the acquiring Public Health Care Software Company in 2002. Company had 1500 employees, 28 locations and over 80,000 clients. Restructured public company and increased company value by over 800%. Company was subsequently sold to another Public Company in 2005. Subsequently, started MyCellCash in 2006, which mission was to facilitate cash transfers via text messaging. Decided that the technology available at that time was not sufficient to bring to market.

$25,000 to $1,000,000