Business plan key messages
Your business plan must get across the following key elements to potential investors:
- Product/Service - You must outline the unique selling points of your product or service. It must be clear how this business will stand out from the crowd.
- Financials – You must show sales, cost and profit projections for the next 3 years.
- Management Team – You need to show you and your management team have the experience and skills to operate your business in your chosen market.
- Return on Investment (ROI) – Clearly lay out for the investor how and when they will get return on their investment.
Remember although your business plan is a sales tool it is not a work of fiction and must be realistic.
