12 CRITICAL SLIDES Title slide: your company’s name, a short company description, name of presenter(s) if presenting in person. Your elevator pitch: a succinct description of your products or services, market, and competitive advantages. Use vibrant language, and if possible, embed audio or video to demonstrate your product or service. Page 1 of 5 6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt... Size of opportunity: this is what investors — VCs even more so than angels — want to know. To what size can your company potentially grow and what are your plans for future development? Your specific target customers: who they are and the customer needs that your product or service will meet. The market size: numbers and dollars, past growth, growth forecasts. Page 2 of 5 6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt... The competition: division of market share, how your product compares to theirs, your value proposition in comparison to the competition’s, and barriers to entry. Your team: who they are, their past successes and experience, and why they are qualified to do the job. The business model: how you will distribute your product, pricing strategies, how you will reach your customers. Page 3 of 5 6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt... Milestones: a time line that outlines when you expect to reach key achievements. Financials: a brief summary of key points from your income statement, balance sheet, and/or cash flow projections. Page 4 of 5 6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt... Funding: how much you are asking for in this round, how many future rounds are expected, how much you will request during those rounds, and how the funds will be used. The investment opportunity: potential exit strategies and financial return for investors. Page 5 of 5 6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt... Accounts Payable/Accounts Receivable Special Project Policies and Procedures for Ensuring the 3-Way Match Occurs before Paying Invoice This Special Project is worth 100 points and is due no later than June 8th, the date of the final exam. This is not a group project. Each student is required to prepare individual responses. A deduction of 20 points will be made for evidence of joint preparation. Late assignments will be given no points. I would expect responses to vary in length but do not anticipate anything less than 3 pages. Instructions: Now that you are somewhat familiar with the payables function in QuickBooks, you no doubt realize that the software does not include a feature that ensures a three-way match is made/has been made prior to paying an invoice. It is largely a manual process. You first job as the newly appointed head of the Accounts Payable departm.