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- How to Use Graphs and Charts in Your Business Plan
I often hear the question, how many graphs or charts should I have in my business plan? As with most other business planning questions, the answer is it depends. This article discusses the key factors influencing the number of graphs and charts to include in your business plan. To begin, the ke ...
Author: Dave Lavinsky
Category: business-finance - The Ideal Length of Your Business Plan
How long should a business plan be? A business plan needs to be whatever length is required to excite the investor, prove that management truly understands the market, and detail the execution strategy. From surveys of investor needs, Growthink has found that 15 to 25 pages of text is the optimum le ...
Author: Dave Lavinsky
Category: business-finance - How to Size an Emerging Market
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. The relevant market equals the company's sales if it were to capture 100% of its specific niche ...
Author: Dave Lavinsky
Category: business-finance - Two Types of 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. When the Executive Summary precedes the ...
Author: Dave Lavinsky
Category: business-finance - 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. The Management Team section should include biographies of ke ...
Author: Dave Lavinsky
Category: business-finance - Business Planning for College Students and First-Time Entrepreneurs
More and more students, both in undergraduate and graduate institutions, are deciding to launch their own ventures upon graduation rather than taking the traditional route of working for another firm. Likewise, more and more individuals are leaving their jobs to fulfill their entrepreneurial dreams. ...
Author: Dave Lavinsky
Category: business-finance - Why You, Why Now - A Critical Component of a Winning Business Plan
Business plans continue to be an essential element of the capital-raising process. They must convince investors to take notice - investors that are shrewder today due to the ups-and-downs they have experienced over the past few years. Adding to the financing challenge is the plethora of high-qualit ...
Author: Dave Lavinsky
Category: business-finance - Angel Investors: Who They Are & When Are They Appropriate
Angel investors are individuals who invest in emerging business ventures. Angels typically provide both capital and know-how to companies who are in either their start-up or expansion phases. To reflect the increased risk of investing in such firms, angels seek a higher rate of return versus traditi ...
Author: Dave Lavinsky
Category: bankruptcy - Issuing Warrants to Investors
When raising capital for a business venture, warrants are a common form of equity that is given to investors. A warrant is like an option it gives the holder the right to buy a security at a fixed or formulaic price, which is known as the "exercise" or "strike" price. Warrants are often confused ...
Author: Dave Lavinsky
Category: accounting - Alternative Venture Finance: Federal Grants and Loans
While most companies seeking venture capital initially think about angel investors and venture capitalists, a large alternative source of financing is federal grants and loans. The two largest federal grant programs are run by the Small Business Administration (SBA), and by Small Business Investment ...
Author: Dave Lavinsky
Category: bankruptcy
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