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

Married couple with high buisness interest seeking to get involved in fun buisness with people we enjoy working. Looking for a long term vision to build wealth.

$5,000 to $50,000

United States > New York

I am in advanced age group, married, live in New York city, USA. My profession is in city government and engineering. I have experience working as Engineer and public servant. I have spent my years of service as design,field and project Engineer. My anticipated involvement will be advisory at a minimum level. I have experience in evaluating and decision making. I am an eager investor.

$400,000 to $900,000

United States > New York

I am an urban planner and president of a sole proprietor community development consulting practice small scale developer and investor with a Masters degree in Urban Planning and past experience in the US State Department. I have travelled extensively in Eurpope and Asia. I am an experienced manager and administrator and am exploring the idea of being an individual investor in the right project. To date I have invested in stocks, bonds, mutual finds and real estate. I have served on the board of a for-profit culinary arts college for 8 years. I am a married father of 2 teenage children living in New York City.

$10,000 to $20,000

United States > California

Invested over $4,000,000 Owned / ran several projects Private ad group investor

$25,000 to $3,000,000

United States > Florida

Looking to invest in great ideas. I am an individual investor that can be hands on or relay on your expertise.

$20,000 to $50,000

United States > New York

small time investor,who would like to find new ideas in the market and would like to invest and expect returns.

$10,000 to $20,000

United States > Missouri

We are a highly-experienced capital and consulting group located in Kansas City. Our group specializes in delivering the highest levels of funding to a wide breadth of commercial endeavors. In addition, we maintain strong contacts with several firms focused on meeting the needs of small-to-midsize businesses. Your funding requests will be handled with the utmost professionalism and confidentiality.

$1,000,000 to $999,000,000

United States > New York

Let the games begin

$3,000 to $65,000