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 > New York

I am a former Wall Street executive with background in derivatives. Looking for hands- on or hands-off opportunities in any category of products or services that would be most appealing to me. I am a principal investor but can raise additional capital from other investors for the right opportunity.

$10,000 to $350,000

United States > Florida

Our investment are primarily in commercial real estate, our background is 20 yrs in real estate investments, I am a private investor.

$25,000 to $500,000

United States > California

I am a private "angel" investor with some experience in investing in the entertainment industry. Over the last ten years, I have advised entrepreneurs, specifically in regard to raising capital for the financing of various media and theatrical productions.

$25,000 to $200,000

Malta > St Pauls Bay

Over the past five or so years I have invested in and helped a number of IT software companies grow their business. These companies are globally spread (EU, US, Canada and Asia) and are typically NOT START UPS (even though I have worked with and helped start ups). They are companies in growth mode that are looking to IPO in the next few years but require additional capital /best practice marketing and selling to grow to their true potential. Hands on with an MBA majoring in marketing and accounting, I am well rounded and experienced at helping good software companies become GREAT software companies. As well as investing in these companies directly, I have and do also helped prepare and raise considerable funds (+$5M) FOR PRE IPO stage.

$100,000 to $5,000,000

United States > North Carolina

I'm an entrepreneur

$1,000 to $3,000

United States > New York

I have a background as an entrepreneur and I have a firm knowledge of what investment seekers are looking for. Currently, I represent an investment/financing group that is seeking construction projects of at least $5 million to $100 million and more. Two or more projects under the auspices of the same individual or company totaling at least the higher dollar amount will be considered. Other areas of interest are construction and renewable energy. Domestic and foreign projects are equally considered. We also provide assistance for the purchase of bank notes.

$300,000 to $10,000,000

United States > Oklahoma

Own and manage over 1,000 units. Real Estate Developer, Broker, Home Builder, Condo Projects, own a hotel etc...

$25,000 to $50,000

United States > New York

I am an individual investor from Long Island with a Masters Degree in Engineering and more than 30 years of international experience of working in three continents.

$10,000 to $250,000