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

Review and consult for international projects for private investment fund

$1,000,000 to $5,000,000

United States > Alaska

Private investor seeking resource opportunies

$25,000 to $100,000

United States > Kentucky

I have over 20 years of investment experience having worked for 2 wall street firms.

$100,000 to $50,000,000

United States > New York

I'm in the trucking business. Looking for the right business and person to mentor and invest in.

$0 to $200,000

United States > North Carolina

I am 27 years old, recently married, living in Raleigh, NC. My primary career is in mental health; I have both a BA and MA in psychology, and several years of administrative experience. With regards to Commercial Funding, I am an Independent Consultant for an organization that works directly with a group of investors who are interested in business development and expansion plans requiring between $250k-$500mil in funding. Although I am new to investing, the group of investors I represent has over 20 years of experience, and the team I have been trained by has over 10 years of experience in the industry. We look forward to helping you pursue your future endeavors.

$250,000 to $500,000,000

United States > Oklahoma

I represent a corporate investment group that has raised and funded over 500 million dollars for projects all in the USA, Our group has over 100 years combined investment experience. To be considered for funding you must have good credit and solid business plan .Please submit short business summary 2-3 pages outlining what you do and what you are looking for in dollars and what you are willing to give in equity or debt,terms requested. Also your credit scores. How much you have invested in your business to date. Timeline for investment requested.Resume of principals of your company.

$10,000 to $1,000,000

United States > New York

Dear Entrepreneur, Your Proposal has been selected and forwarded to me for funding consideration by The New York Investment Network. My name is Richard Barnblatt. I have been in Finnancial Services for over 10 years, providing business and personal loans, and funding projects. Please contact me directly by e-mail at BARENBLATT@AOL.COM

$100,000 to $10,000,000

United States > Washington

Just starting out as an investor, did a couple startups before absolving to work in IT for software company headquartered in Redmond, Seattle.

$10,000 to $50,000