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Home | Develop A Business Plan Search 

Developing Your Business Plan

A solid business plan is absolutely essentially to both financing success and success in launching and growing your company. This section includes proprietary knowledge gained from 10+ years of Growthink's first-hand experience developing business plans for over 1500 companies which have raised over $1 billion in growth capital.

5 Tips for Improving Your Business Plan's Credibility
5 Tips for Improving Your Business Plan's Credibility The moment you start hyping up your business to investors is the moment they get turned off. Simply put, you can't say how great you are; rather, you need to prove it. You really need to be careful with superlatives like "world-class," "best-ever" and the like and replace them with actual accomplishments of your management team and third-party market research. . . . keep reading
The 10 Ingredients to a Killer Business Plan
The 10 Ingredients to a Killer Business Plan The Center for Venture Research reports that less than 2% of business plans succeed in raising capital. This is because most business plans are poorly prepared and are missing key ingredients. Here are the 10 things you MUST include. . . . keep reading
The 5 Things Your Financial Plan MUST Address (But Most Don't!)
The 5 Things Your Financial Plan MUST Address (But Most Don't!) There are FIVE elements that need to appear in the Financial Plan section of your business plan. Your pro-forma financial statements (your income statement, balance sheets and cash flow statements) are JUST ONE of these five elements. . . . keep reading
Are You Guilty of Hiding Key Information from Investors?
Are You Guilty of Hiding Key Information from Investors? Are you answering the key questions that investors NEED to know? And need to know immediately if they're even going to spend time reviewing your company? Unfortunately most companies are guilty of this. . . . keep reading
Ten "Deadly" Business Plan Mistakes
Ten "Deadly" Business Plan Mistakes Want to turn off investors? Then tell them you have no competitors and ask them to sign a Non-Disclosure Agreement. But seriously, doing any of these 10 things can ruin your chances of raising capital. So avoid them at all costs! . . . keep reading
Adding these seven MAGIC words to your business plan will improve it 100-fold
Adding these seven MAGIC words to your business plan will improve it 100-fold By adding these seven words to your business plan you will improve it 100-fold. They need to be added on page 1 of your Executive Summary AND be reiterated throughout your business plan. . . . keep reading
The TEN Questions you MUST Answer in your Investor Powerpoint Presentation
The TEN Questions you MUST Answer in your Investor Powerpoint Presentation A 10-15 slide PowerPoint presentation is a must-have for your venture. Virtually all venture capital (and many bank financing deals) are preceded by PowerPoint presentations. If yours if off the mark, you can kiss your financing goodbye. . . . keep reading
VIDEO Series on Developing Your Business Plan
VIDEO Series on Developing Your Business Plan Here are links to the 9 business plan development videos we created for you. . . . keep reading
What to Include in Your Business Plan's Appendix
What to Include in Your Business Plan's Appendix Every business plan should have a full set of financial projections in the Appendix, and should also include these items. . . . keep reading
3 Keys to a Top-Notch Company Analysis Section
3 Keys to a Top-Notch Company Analysis Section The Company Analysis section of your business plan has three main goals. Completing this section correctly will help position your company in the right way to investors and lenders. . . . keep reading
Massive IP (Intellectual Property) Dilemma SOLVED
Massive IP (Intellectual Property) Dilemma SOLVED Do you have proprietary IP (Intellectual Property)? If so, you better read this ASAP as most investors will NOT sign non-disclosure agreements (NDAs). . . . keep reading
Updating Your Business Plan
Updating Your Business Plan Business plans are not static documents. Rather, they are dynamic documents that change often. Keeping your business plan up-to-date can be a critical factor in both your ability to raise capital and . . . keep reading
Incorporating Investor Feedback into Your Business Plan
Incorporating Investor Feedback into Your Business Plan Investors, like the rest of us, have different tastes. One investor may love a concept and/or business plan while the next may hate both. It is important to understand this as business plans are . . . keep reading
Documenting the Exit Strategy in Your Business Plan
Documenting the Exit Strategy in Your Business Plan All investors greatly desire and are motivated by a clear picture of a company's exit strategy, or the timing and method through which they can "cash in" on their investment. This picture best comes into focus when . . . keep reading
Documenting Partnerships in Your Business Plan
Documenting Partnerships in Your Business Plan Forging partnerships to improve market penetration has become commonplace, particularly for "new economy" businesses. And, most companies proudly mention their many partnerships in their business plans. . . . keep reading
Will Graphics Effect the Success Of Your Business Plan?
Will Graphics Effect the Success Of Your Business Plan? Properly using graphs and charts in your business plan could influence whether you raise capital or not. Get the facts on this key topic here. . . . keep reading
Realism vs. Optimism in the Business Plan
Realism vs. Optimism in the Business Plan The most important function of a business plan is to create interest among investors so that they write a check. In achieving this goal, business plan writers are often challenged by determining the proper level of optimism in their plan. That is, they must create a compelling story to investors while maintaining credibility. . . . keep reading
Developing Realistic Financial Assumptions in Your Business Plan
Developing Realistic Financial Assumptions in Your Business Plan Many investors skip straight to the financial section of the business plan. It is critical that the assumptions and projections in this section be realistic. Plans that show penetration, operating margin and revenues per employee figures that are poorly reasoned; internally inconsistent or simply unrealistic greatly damage . . . keep reading
The Management Team Section of the Business Plan -- Don't Just Include Resumes
The Management Team Section of the Business Plan -- Don't Just Include Resumes Even the best new concept or existing plan will fail if executed poorly. The Management Team section of the business plan must prove to the investor why the key company personnel are "eminently qualified" to execute on the business model. . . . keep reading
Effectively Completing the Operations Plan Section of Your Business Plan
Effectively Completing the Operations Plan Section of Your Business Plan The Operations Plan is a critical component of any business plan as it presents the Company's action plan for executing its vision. The Operations Plan must detail both Everyday Processes and Business Milestones. . . . keep reading
The Marketing Plan and the Four P's
The Marketing Plan and the Four P's The Marketing Plan section of the business plan demonstrates how a company will penetrate the market with its products and services. The Marketing Plan should include "the four P's" -- Product, Promotions, Price, and Place. . . . keep reading
In Business Planning, Competition is Good
In Business Planning, Competition is Good When developing the competition section of your business plan, companies must define competition correctly, select the appropriate competitors to analyze, and explain its competitive advantages. . . . keep reading
The Critical Elements that Must be Included in the Customer Section of Your Business Plan
The Critical Elements that Must be Included in the Customer Section of Your Business Plan The Customer Analysis section of the business plan assesses the customer segments that the company serves. In it, the company must 1) identify its target customers; 2) convey the needs of these customers; and 3)show how its products and services satisfy these needs. . . . keep reading
How to Size an Emerging Market in Your Business Plan
How to Size an Emerging Market in Your Business Plan In developing their business plans, companies of all sizes face the challenge of determining the size of their markets. To begin, companies must present the size of their "relevant market" in their plans. . . . keep reading
Two Types of Business Plan Executive Summaries
Two Types of Business Plan Executive Summaries Companies seeking capital often ask how long the Executive Summary of their business plan should be. The answer depends upon the use of the summary, mainly determining if 1) it precedes the full business plan OR 2( it will be used as a stand-alone document. . . . keep reading
Exactly How Long Should Your Business Plan Be?
Exactly How Long Should Your Business Plan Be? What is the ideal length of your business plan? From our surveys of investors and assessing the results of business plans that have both failed and succeeded to raise capital, the answer is fairly clear. . . . keep reading
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