What is a business plan?
Four types of business plans
1. Quick Summary 2. Oral Presentation 3. Investors Business Plan 4. Operational Business Plan
Executive Summary
A brief recounting of the key points contained in a business plan
oral presentation
A short, colorful, and entertaining slide show with a running narrative meant to interest potential investors in reading the detailed business plan.
Part of business plan
Business Idea, Opportunity\Market Analysis, Financial Strategies, Organizational Structures, Legal Structure, Business Management, Plan for Growth
Three C's
Concept, Customer, Capital
capital
How will you locate the initial money you business will need? What will be your costs and what kind profits you can expect?
Quick Summary
This is a brief verbal synopsis lasting no more than thirty seconds to three minutes. It's used to interest potential investors, customers, or strategic partners.
concept
What is your product or service and how is it different from similar products\services?
customer
Who will be buying your product or service and why?
Investors Business Plan
a detailed business plan that is well written and arranged so that all the information can be easily understood.
business plan
a formal written document that describes the nature of a business and how it will operate
operational business plan
describes in greater detail than the investor's business plan how the company will meet its goals and is less formal than an investor's business plan
