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To Raise Capital For Your Business; You Need A Business Plan - Investment - Nairaland

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To Raise Capital For Your Business; You Need A Business Plan by iden: 5:40pm On Aug 21, 2017
A business plan is almost essential for entrepreneurs who are seeking to raise money to help fund their companies from investors whether venture capitalists, Banks, financial institutions, business grants competitions, private investors etc.
On the first read of any business plan, investors are looking for fast reasons not to invest, rather than reasons to invest. They evaluate risk then reward -- in that order.

To ensure that investors fall in love with your businessplan, it must cover the following key points:

Ten Key Points:
• Describe why your company is relevant. What is the need being addressed?
• Explain the overall state of the market and any important trends.
• Explain why customers will buy your product or service.
• Describe, in detail, who your customers are.
• Explain who your current competitors are and their advantages.
• Explain which competitors you will displace.
• Describe your product offerings, how they compete with other brands and why they are needed.
• Provide an overview of the various resources, including the people that will be needed to deliver what’s expected by the customer.
• Describe corporate priorities and the processes to achieve them.
• Included three thorough financial plans; one that’s conservative, one moderate and one optimistic, each with realistic and achievable sales revenues, margins, expenses and profits on a monthly, quarterly and annual basis.

The purpose of the plan is to allow you, and everyone involved in the business to know the building blocks of the business and its purpose for existing. For expert Help in developing your business call; call the businessplan Writers & Consultants on 07031517266 or info@businessplansnigeria.com, www.businessplansnigeria.com

We have written business plans for hundreds of entrepreneurs and companies who have go on to raise millions of naira in capital and generate millions in revenues

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