Browsing Tag

executive summary

7 posts
business plan
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A Step-By-Step Guide to Writing a Killer Business Plan

A business plan is as important to a new business as a map is to a ship, or blueprints are to an architect. A written business plan will guide your actions and keep you focused on your short- and long-term goals. Your business plan puts your aspirations into words (and charts), demonstrating to partners, investors...
seed capital
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7 Lessons This Entrepreneur Learned From Raising Seed Capital

I’ve learned a lot from raising £650K (equivalent to approximately $853,000) in seed capital from investors. As a fellow entrepreneur, I’ll share those lessons here, so you don’t waste any precious pitching opportunities. Take the investor’s point of view As an entrepreneur, you’re completely absorbed into your startup. This is your baby, your life. You...
business plan
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Tips and Tools for Writing a Stronger Business Plan

A common issue that many entrepreneurs find themselves facing is that they may have a successful business, but they’re not attracting any outside help to bring them to the next level. In this case, they’re not being clear about what their business offers, why it’s important and why it stands out from the competition. This issue...
business plan
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Where to Start When Creating a Fundable Business Plan

If you need finance for your startup, you’ll need to create a business plan that convinces lenders that you’re a good risk. Writing a business plan also helps to confirm your goals and ideas, and clarifies where you want to take the business. They are important documents, but business plans aren’t intended to be static....
elevator pitch
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Distill Your Business Plan Into the Perfect Elevator Pitch

You’ve spent plenty of time polishing your business plan, and you know that the only thing separating that plan from reality is that one golden opportunity to present it to the right person.  Lucky for you, as you wait in line for your morning cup of coffee, that perfect person just so happens to be doing...
financing
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3 Ways to Increase Your Chances of Getting Business Financing

The three best ways to increase your chances of getting financing for your startup are to: Know what lenders look for when determining if and how much financing they will provide Be prepared and professional when requesting financing to give lenders confidence in you and your business Look for alternative financing sources beyond the bank...
business plans
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The One Essential Element Most Business Plans Miss

Every entrepreneur or business owner knows they need a business plan to raise money. What most don’t know, however, is the kind of plan that attracts funding. Such business plans have one element that others don’t: they focus on marketing. Those business plans that are written as marketing documents are often the business plans that...