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

Canada > Medicine Hat

I am single, age is 40 and location is Canada. Anticipated involvement is advisory Status is I represent a group of venture capitalists/investors

$50,000 to $1,000,000

United States > New York

I have an MPH and MS in nutriiton. Licensed DDS. 3 patents

$1,000 to $1,000,000

United States > New York

-Professional intermediary and venture investor seeking new opportunities. -Large firm and boutique firm experience. -20+ years of experience as an advisor and investor in the private sector working with entrepreneurs in small to mid sized companies. -Typically follow a "club approach" and co-invest with groups of individuals/firms. -Also provide M&A/capital advisory services

$100,000 to $1,000,000

United States > New York

I am a Private Investor who looks for projects that offer Durable Competitive Advantage and that I can offer not only my financial assistance but yet my edcuation and experiences in business development. I am a former Fire Protection Specialist from the Department of Homeland Security. My ability to invest comes from consistant profitable returns on family investments leaving me the ability to invest in others and new businesses. I have a Bacholers of Science Degree in Safety and Environmental Engineering.

$10,000,000 to $45,000,000

United States > Florida

I represent a foreign based asset management/venture capital group who are actively seeking to expand their involvement in promising USA based companies. .

$250,000 to $2,000,000

United States > New York

very successful, ,. retail,. automotive stock market etc somewhat sane, like to see other people succeed, good luck to all,. let the games begin,, ps life is short, go for it, ron

$50,000 to $1,000,000

United States > New York

I am an experienced stock market investor/trader.I have been involved in a few angel deals and many private placements in both private and public companies

$50,000 to $150,000

United States > New York

I have over 15 years experience in sales, marketing, business development, finance and management. At the age of 27 I became senior-vice president of the world’s largest bank, Citigroup, perhaps its’ youngest. I was a vice- president at Credit Suisse,. raised over 200 million dollars for start-up, growth and late stage investments. Focus includes nanotechnology, chemicals, storage, clean tech and software. I was quoted in The Wall Street Journal, The New York Times and Business Week. I am a Prince of Wales Delegate and attended the University of Cambridge Business and the Environment Program. . SpecialtiesClean Technology, Energy, Water Technologies, Nanotechnology, Chemicals

$1,000,000 to $50,000,000