We’ll be looking to help your Business Plan to include the following important information:
- The full range of goods and services you are looking to offer, and what may
differentiate you from your competition; - The identity, size, strengths and weaknesses of your current and projected
competition; - What you believe will be your market opportunities, both current and future;
- A phased timeline for the implementation of your venture;
- Your proposed:
- Pricing, and likely pricing trends;
- Marketing & promotional program;
- Methods of distribution;
- Your regulatory environment’s challenges and opportunities;
- The experience, education and expertise of your management team (keeping in mind that sophisticated investors put more money on professional jockeys than on the horses they ride);
- The capital you will require to commence and support your venture until it
becomes cash flow positive; and - And a set of economic projections for your venture, within a range of possible market and operating conditions, together with detailed assumptions underlying those projections.