What should a good business plan contain?
A great business plan is like planning a journey which provides the owners, stakeholders and investors an idea of the objectives, the destination and how well the environment is understood. We have written a blog post about what makes a successful business plan – you can check that out here.
These are the elements that most investors will want to see.
1. P&L Forecast (minimum 3 years)
2. Cash Flow Forecast (minimum 3 years)
3. Market Overview – for the product or service
4. Competitive Overview – pricing & competitors
5. Revenue & Cost Assumptions
6. Risks
7. Management Team Experience
8. Business Valuation & Proposed Offer
9. Details of Existing Shareholders & Debt (in case of existing businesses)
10. Purpose of Requested Investment Funds