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
We have partnered with our sister company, StartUp Wizards to offer discounted business planning services to clients of Bayleaf Angels to produce plans which meet our needs should you require that service. Please visit them for more information.