How to Present a Business Plan

 

how to present a business plan

When will you need to present your business plan? A business plan should contain in-depth details about your business's market, revenue strategy and company structure to communicate the big picture, said Gerald Padilla, vice president of sales and marketing at Joorney Business Plans. The most common circumstances where you'll need to present your plan include:Author: Nicole Fallon. Presenting your business plan is an art and a science to which you must devote time if you are going to be successful as an entrepreneur.. When presenting your business plan, it’s important to keep your audience in mind and target your content appropriately. As you seek to finance your business, your audience can be broken down into two groups: Potential investors and potential lenders. If you want to present a business plan with PowerPoint and you have digital copy of the plan in Word or other formats, you can just use the Copy and Paste function. You might need to do some modifications if you want to. You can easily re-arrange the slides depending on .


6 Strategies for Presenting Your Business Plan


If you have contacted a VC about investing in your business and have received an invitation for an interview, you will need to prepare your business plan to present during the interview. To present a business plan to a venture capitalist, follow the steps below. To create this article, 10 people, how to present a business plan, some anonymous, worked to edit and improve it over how to present a business plan. This article has also been viewed 37, times.

Categories: Raising Business Capital. Learn more Do your research. Know what types of businesses and industries the VC usually invests in, and what characteristics he or she values in a company and its staff members. Keep these things in mind while preparing your presentation and try to tailor it to the specific VC of VC firm to whom you will be presenting it.

Introduce yourself and your company. State your name, the name of your company, and briefly describe what your company does. You really want to do this in just one or two sentences. You may say for example, how to present a business plan, "Hello, my name is Mark Maddox, I am the sole proprietor of XYZ Corporation, and we manufacture educational products for children". Recite your mission statement. If you do not have a mission statement, consider drafting one. Many VCs view a mission statement as an essential part of starting a successful business.

Your mission statement should be no more than a paragraph in length and should include the following: The company's purpose. Make it short and to how to present a business plan point.

For example, a company who manufactures educational products for children may state its purpose as, "to provide children with high quality, inexpensive, educational materials".

Your target audience. Your target audience is the group of people to whom you will market your product or service. For example, a manufacturer of children's educational products may serve children all across the United States or a tax preparation company may serve tax payers in a certain county or state.

Describe what your company's product or service is, what it does or how it works, and why someone should want to buy or use it. For example, a tax preparation company may provide faster, more accurate, and less expensive income tax preparation services to tax payers in the area than any other company.

An explanation of what the company wishes to accomplish. For example, an animal shelter may wish to "ensure that all homeless and abused animals find caring, loving homes" or a tax preparation company may wish to "make fast, accurate tax preparation available to all taxpayers".

Show a PowerPoint presentation. Design the presentation as a visual aid, to be used by the VC, while he or she listens to you describe the information being displayed on each slide in more detail. Your presentation should be clear, concise, and to the point. It should be approximately 20 minutes in length and include: Your company contact information.

This includes your company name, logo, tagline, if you have one, the businesses' physical address and your name and personal telephone number. An introduction to your product. Provide a brief description of the product or service your company offers.

You might want to use photos or illustrations of the product in appropriate places, or include a video demonstration of the product. A summary of your most recent profit and loss statement, your current budget, and a financial projection for the following year should be included in the financials. Consider using bar graphs and pie charts to illustrate the most important points.

A marketing plan. The plan should be a summary of your marketing strategy from your business plan, and should include just the most important points. You may wish to illustrate your points with charts or graphs to make the plan easier to read and understand. A description of the competition. Identify and name how to present a business plan competition.

A summary of why the VC should invest in your company. However you format it, this is your last chance to 'pitch' your product to the VC, how to present a business plan. Introduce your management team. You may choose to include this in the PowerPoint presentation or make it more personal by speaking about the team at the end of your PowerPoint slideshow. However you do it, your introduction should include the following information for each team member: Experience. After all, new companies fail everyday due to a simple lack of experience.

A team member's educational background is important to a VC considering investing in your company. Well-educated members can give your company an advantage over those company's without educated team members. Personal characteristics. Your team member's character and personality traits are an important factor in whether your business will be successful or not. Hard working, intelligent, creative, reliable, trustworthy team members are more apt to create and run a successful business than lazy, unreliable, and dishonest team members.

Describe how much capital you need and what you will do with it. You may wish to make extra slides or create an addendum to your presentation so that you can show charts, graphs, or bulleted lists while presenting this information.

Be very specific about how much money you need and how it will be spent. Ask the VC or group if there are any questions that you can answer, how to present a business plan. No matter how well you cover everything in your presentation, a person considering making an investment in your business how to present a business plan very likely have some questions. Ask if there is any additional information that you can provide to the VC, any questions you may answer, or any concerns that you may address.

Be prepared to answer questions about your business, product, and financials completely and honestly. Thank the VC for his or her time. The professional way to end any business presentation is to thank your audience for their time, how to present a business plan.

Shake the VC's hand and tell him or her that you appreciate their time and look forward to hearing from them. If you have a business card, this would be the time to hand it to them.

Include your email address to get a message when this question is answered. Already answered Not a question Bad question Other. By using this service, some information may be shared with YouTube. Tips Practice your presentation. Enlist the help of friends and family to act as an audience so that you may practice your speech and slide show presentation. Keep is short. Twenty minutes is the maximum length for a good VC presentation, and many experts recommend that you keep it to no more than 10 minutes.

Allow plenty of time for a question and answer session after your presentation. Edit Related wikiHows. Did this article help you? Yes No. Can you please put wikiHow on the whitelist for your ad blocker? Learn how. Cookies make wikiHow better. By continuing to use our site, you agree to our cookie policy.

Co-authors: Updated: June 18, Thank you so much. Related Articles.

 

How to Successfully Present a Business Plan with PowerPoint | ProfitableVenture

 

how to present a business plan

 

If you want to present a business plan with PowerPoint and you have digital copy of the plan in Word or other formats, you can just use the Copy and Paste function. You might need to do some modifications if you want to. You can easily re-arrange the slides depending on . Presenting your business plan is an art and a science to which you must devote time if you are going to be successful as an entrepreneur.. When presenting your business plan, it’s important to keep your audience in mind and target your content appropriately. As you seek to finance your business, your audience can be broken down into two groups: Potential investors and potential lenders. Mar 05,  · How to Present Your Business Plan. The more formal process of pitching and presenting is usually before an audience of venture capitalists, angel investors, or bank loan officers in an effort to secure a loan or investment in your company. Usually, an entrepreneur starts off by asking for a certain amount of money, Author: Inc. Staff.