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Sunday, September 8, 2013

Business Plan Expertise


With the economy being so messed up in the United States of America, people are starting to become more independent. Civilians that are creative and have been growing up around the business aspect part of the world, are becoming better entrepreneurs. They are seeking quality investors, and learning the in's and out's of what a correct business plan should look like. Rather its through education or through a family business the new trend now is to become your own money maker. 
I was doing some brief research on "Business Plan Experts" and came across this website that gave me examples of people who favor in being or becoming proper suited "Business Plan Consultants with Venture Capital Expertise" experience. One person that I found very interesting was, Jon Copper a principle consultant. Jon has over 20 years of experience in entrepreneurship, business strategy, planning, product management and marketing experience. He has started a number of companies in different industries, and worked with dozens of others to help develop plans and presentations for investment from both angels and venture companies. He has also taken the time throughout his life to  work on the global strategy team of Level3 Communications, and was a consultant at Accenture, and led a business development department of a motion picture production and financing company. Another person I found interesting was Jenifer Grant from New York, NY. She has had the opportunity to be involved with finance, strategy, and marketing in a wide variety of roles and industries for over 15 years. In addition to third-party clients, she developed plans and implemented strategies for internal new businesses within IT and investment banking during the corporate phase of her career. But before all of that, Jenifer structured and managed transactions in global merchant banking and derivatives, and held strategic planning and management positions within investment banking and IT functions at Bankers Trust Company. In order for these people to get to where they are now they had to understand that there are certain essential business plan components that you must follow in order for you to be successful and they are,
  • Mission statement and/or vision statement so you articulate what you’re trying to create;
  • Description of your company and product or service;
  • Description of how your product or service is different;
  • Market analysis that discusses the market you’re trying to enter, competitors, where you fit, and what type of market share you believe you can secure;
  • Description of your management team, including the experience of key team members and previous successes;
  • How you plan to market the product or service;
  • Analysis of your company’s strengths, weaknesses, opportunities, and threat, which will show that you’re realistic and have considered opportunities and challenges;
  • Develop a cash flow statement so you understand what your needs are now and will be in the future (a cash flow statement also can help you consider how cash flow could impact growth);
  • Revenue projections; and
  • Summary/conclusion that wraps everything together (this also could be an executive summary at the beginning of the plan).

With these 10 steps to victory in developing and proper business plan to and investor, i believe you cannot go wrong. 

1 comment:

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