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Investeneur'16 Session #2
- 4. Why to starta business? Skills & Knowledge
- 5. Why to starta business? Be your own boss
- 6. Why to starta business? Innovate & Create
- 7. Why to starta business? Dreams Really can come true
- 8. Why to starta business? Money
- 10. How to starta business?
- 11. How long shouldyour plan be? K Your plan eep t hort imple ISS
- 12. Some tips towrite your plan
- 13. Some tips towrite your plan Don't use long complicated sentences Avoid buzzwords Use simple, straightforward language Bullet points are good for lists Avoid "naked" bullet points
- 14. Some tips towrite your plan Why You MUST Have a Plan?
- 15. Some tips towrite your plan Let’s Write It!
- 16. Let’s write it Executivesummary • Write this section last • Include everything that you would cover in a 5 minutes interview • If applying for loan, state clearly how much do you need.
- 17. Let’s write it BusinessDescription • Vision statement: Goals and Objectives • Mission Statement: Your guiding principles • Business Philosophy: What is important to you in business
- 18. Let’s write it MarketStrategies • Market research: why & how? • Economics • Competition
- 19. Let’s write it Competitiveanalysis Strength Weakness Threats Opportunities
- 20. Let’s write it Design& Development Plan provide investors with a description of the product's .design
- 21. Let’s write it OperationalPlan • Production: Explain your methods of production • Location: Describe the type of location you’ll have • Legal Environment: Licensing, permits, insurance, trademarks, copy rights…etc • Personnel: Number of employees, Quality of staff, pay structure and training methods. • Suppliers
- 22. Let’s write it •12-months profit and loss projection • Four-years profit projection • Projected cash-flow Financial factors
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