E Business Plan Template
An executive summary for each year ends the annual Business Plan Template that has been developed for each year. Most often, there is an executive summary that gives a clear overview of the business plan. However, it may not contain all the key information needed by investors or management teams. Most often, the document is written in one of the following ways: For the purpose of presenting an executive summary to investors; for management teams only; and, for both companies and investors. If you are using the contents of an annual report as a template, you need to make sure that each section relates to the topic discussed in the Annual Report. The following paragraphs provide an explanation of formatting options available for each document.
For an individual investor, you will want to include an executive summary and a sales or marketing plan or letter. For the best impact, however, you should include both items. Investors who receive a copy of the annual report typically already know the objectives of the business plan and the company’s business plan objectives. They also have a clearly defined expectation about how they expect the company to increase its equity or value over time. If you use the contents of an annual report to create the contents of an executive summary for your company, you should include the same information about increasing the equity or value of equity investors and the company’s potential ability to increase its equity or value.
If you are providing a written document to outside funding sources, you will need to include more detailed financial projections. The scope of the project should be documented specifically in the “isks” section. If your venture is focused on technology application development, it may be required to submit financial projections detailing how the venture plans to obtain outside funding for its projects. You may also be asked to include projections regarding the cost of procuring new technology developers for your venture. You will also be asked to detail your team’s track record of success, including the number of technology application development deals that result in outsourcing work.
The third section of a simple business plan looks at the methods you intend to use for raising venture capital. If you are going to finance your business through a traditional lender, you must prove to your funding sources that your business plans a reasonable chance of success. This includes showing how you will obtain investor funding. You must prove that your anticipated profit and losses are less than your competitor’s gross revenue plus net interest costs.
Your plan must include a discussion of your venture’s business planning strategy and the anticipated legal process in connection with obtaining new venture finance. A well-designed business plan can make the difference between obtaining venture capital and having your application declined. If you are financing your business through angel investors, your attorney must provide you with a SIA (secure investor agreement) and LLC (limited liability company) forms. If you are financing your venture through a conventional lender, your attorney must provide you with a business plan template covering all of the major steps involved in obtaining venture capital.
In addition to having these forms, you should also have an exit strategy. What do you plan to do with the investment you receive? Will it be used to expand your business? Or will it be sold to a third party? Most angel investors and venture capitalists require a business plan that shows how the money received will be used for the intended purposes. In return, these investors offer you a share of their future profits as well as a stake in their future profits.
Your final section of a business plan should include some of the key questions asked by venture capitalists. These include: What is your personal net worth? What are your financial goals? How will you manage losses? As you progress through your business proposal, you should answer these key questions for each funding source and use them to your advantage when preparing your pitch to potential investors.
Writing term business plans can be time consuming and difficult. Fortunately, there are many resources available to help you through the process. One popular resource is online support groups such as the Small Business Administration. Other helpful websites provide extensive information on writing-term plans. Using these tools will help you gain the attention and respect that you need in order to secure the capital you need to launch your business.