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How can we print and publish our business plan?
Course: Business Plan
Professor : Dr. Reza Mohamadkazemi
Researcher: Nafiseh Afshar
Email: [email protected]
*
*Publishing = Management
• Distributing the plan where all the managers
can see it
• Make commitments
• The plan will be tracked and discussed
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PLAN
*
*Final Edit
• Sometimes you don’t see the errors that
others would see because you are too close to
it.
• Check the numbers
*
*Presentation
• Good charts
• Good text formatting
• Bullet points
• Color
• Make the paper whatever quality it takes to
make the plan easy to read!
**Related Documents
• Summary Document (Summary Memo)
• Loan Application Summary
**Small Business Financing Realities
• Business plans do not generate business financing
• Venture capital financing is very rare
• The plan matches the needs of the company
(your company and the kind of money you need)
Banks don’t finance business start-
ups
Business plans don’t sell investors
*
*Types of investment and lending available
*Venture Capital
startup
exit
strategy valuation
investment
offering dilution
returns for
investors
The people we call venture capitalists are business people
who are charged with investing other people’s money
A business plan for venture capital is a more sophisticated
business plan
*
*“Sort-of” Venture Capital: Angels and Others
*Smaller investors “private placement”
*Groups of investors “doctors and dentists”
*Individual investors “angels”
*
*Commercial Banks
• The government prevents banks from
investment in businesses
• Federal regulators want banks to keep money
safe
• Bank loans based on the business owner’s
personal collateral
On how much is in
inventory
Accounts receivable
*
*The Small Business Administration (SBA)
*Makes loans to small businesses and even to
start-up businesses.
*
*Submitting a Plan to a Bank
*Banks are not allowed to invest in a business plan in an entrepreneurial way
*Critical information:
• Fnancial detail
• More past history
• More information on the personal financial position of the members of the management team
• Fnancial history of the business Owners
**Submitting a Plan to Investors
*Avoid turning to friends and family for investment
• Show how much money you seek and how much ownership
you offer. How much do you think your company is worth?
• List current shareholders and outstanding blocks of stock,
existing options, and potential dilution.
• A strong management team, with a good track record.
• A believable business model.
• Good credible evidence of interesting potential growth
*
*Investors Expect a Summary Memo
*Most Investors Want a Presentation
*Use a Business Plan Website
*
*Stock Ownership is Simple Math
*You can see the clip about finanancialization :
http://www.investopedia.com/video/play/fina
ncialization/
*And this clip referd to Venture Capital :
http://www.investopedia.com/video/play/ven
ture-capital/
*
*Hurdle.”Timothy J. Berry” 2006 .Palo Alto
Software,Inc
*www.nvca.org
*www.investopedia.com