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

My academic background: BA Architecture, BA Building Construction.Series 7 Education. Gas and Oil Background Experience. Securites

$100,000,000 to $1,000,000,000

United States > California

Private investor or Group investor

$5,000,000 to $15,000,000

United States > New York

hi i am a 24 year old looking to invest some of my savings i made though my own company my only investments at this time are in the stock market hoping to find to right company to help me diversify.

$2,500 to $50,000

United States > Texas

I represent a group of private investors who will fund just about any viable project.

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

United States > Raleigh

We can assist you with your business needs and development.

$5,000 to $500,000

United States > California

I'm a loan officer for a mortgage Company. I have 5 years in the business now over the years i have built many relationship with many r.e.o. sales representatives from different banks. i have access to r.e.o. bulk inventory single family residence,and commercial state and nationwide we have new commercial inventory that just came out on the market we have hospitals and banks for sale and if you like since we are a direct mortgage bank and we can help you do your loans for the properties and if you want to sell them we have real estate agents that will find the buyers for your properties these option is only for California if you buy outside of California then we can just do the loans for you and if you are interested

$0 to $0

United States > New York

I am a lawyer, willing to invest time and expertise, as well as cash, seeking symbiotic relationship with other investors who bring other areas of technical or business expertise, as well as cash, to the venture.

$100,000 to $25,000,000

United States > New York

We are seeking secure investment opportunities across a wide range of sectors in either mature or new industries. We have no geographical limit. We are basically interested in start-up businesses

$500,000 to $10,000,000