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Investeneur'16 Session #2
- 4. Why to start a business? Skills & Knowledge
- 5. Why to start a business? Be your own boss
- 6. Why to start a business? Innovate & Create
- 7. Why to start a business? Dreams Really can come true
- 8. Why to start a business? Money
- 10. How to start a business?
- 11. How long should your plan be? K Your plan eep t hort imple ISS
- 12. Some tips to write your plan
- 13. Some tips to write 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 to write your plan Why You MUST Have a Plan?
- 15. Some tips to write your plan Let’s Write It!
- 16. Let’s write it Executive summary • 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 Business Description • Vision statement: Goals and Objectives • Mission Statement: Your guiding principles • Business Philosophy: What is important to you in business
- 18. Let’s write it Market Strategies • Market research: why & how? • Economics • Competition
- 19. Let’s write it Competitive analysis 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 Operational Plan • 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
- 24. Any Questions?
- 25. Thank you