Florida Investment Network

Business Plan Tips

What Investors Are Looking For In A Plan

Investors, whether angels or VC's, are looking for the same things when reading a business plan. They want to know how big the opportunity is, whether this is the right team to exploit the opportunity, who the competition is, what the risks are, and why they can expect this team to implement successfully. Your job in writing the business plan is to address these questions convincingly and clearly.

Emphasize Your Real Strengths

Highlight what your team brings to the table. If your business hinges on a particular competency (for example, understanding the procurement process), your plan will be more persuasive if one of your team members knows something about it and that is brought out in your plan. Rather than including generic resumes of team members, tailor the resumes to draw out the experience each member has that will make him or her a valuable contributor.

Get To The Point And Make It Clear And Comprehensive

Investors see many business plans. A 20-page plan which clearly lays out your business is far more likely to be read than a 100 page plan. Today, some entrepreneurs are using a 15 slide Powerpoint presentation. If your text is short and punchy, you won't need to repeat yourself, because the reader won't be bogged down keeping ten chapters in their head. Reading the same thing over and over, even if it's in different words, can get really tiring. The more you use brevity and give each concept a single home in your document, the more people will want to read it.

Write In Plain English

If you can't explain your idea in English, either you don't understand what you're talking about (What is a transaction enabled atomic journaling database server, anyway?) or you haven't simplified the idea enough. Think, revise, and try again.

Get Rid Of The Hype

Yes, we know you will be the "premier insert product category here of the Internet, achieving 99% market penetration with 60% customer retention in 3 months". Your product will reach "new heights in customer experience through the use of personalization and one-to-one profiling and customization". It will be "user friendly" because you will be creating a truly "ecstatic customer experience". It is a "quantum leap forward" in the marketplace for product category here. Um, yeah. Believe me, we've read it before. About a dozen times today, in fact. (And by the way, the phrase "quantum leap" really doesn't mean anything.) Stick to a tight, simple explanation of your idea. Convince your reader you'll be the best because your idea is the best, not because you can string a dozen buzzwords together.

Use Quantifiable Information

In each section, back up your assertions with solid facts. Even if you are a new venture and cannot give specific figures on the performance of your business, quote figures for the industry or your competitors. These real figures carry more weight than your assumed projections and give more reality to your plan.

Choose A Huge Market

Especially in the internet world, investors are looking more at the market than at the detailed specifics of your financials. Choose a market that is big enough to be an obvious good opportunity. A business which targets teenage girls who listen to music and has a reasonable chance of capturing 90% of the girls that are online is a huge opportunity. A business which targets net-savvy SAAB mechanics who need prosthetic limbs is not.

Florida Investors

Florida > Orlando

I am 28 years old. I have deep passion for entrepreneurship. I graduated from the University of Central Florida with a Bachelors in Business Administration. I am currently working on my masters of science in management and business analytics. So, I know how to code in C/C++ programming languages. I am also learning Python and R. I have been a director of our family conglomerate specializing in manufacturing of garments for clients like target, walmart, zara, hnm, hollister, and abercrombie and fitch. Additionally, our holding companies have strong roots in sustainable steel mills, freight services, insurance, andreal estate development projects in Bangladesh. I am licensed to manage both commercial and residential real estate.

$10,000 to $30,000

Florida > Sarasota

Part time CEO of large design and construction firm based in the northeast. Currently split time between FL and NH. Most investing has been in commercial real estate, but I would be interested in doing deals for other industries. I would prefer to be a majority investor, in a largely advisory role.

$100,000 to $3,000,000

Florida > Bonita Springs

Private Money. 25 yrs experience.

$350,000 to $15,000,000

Florida > Orlando

I am a successful entrepreneur in the software industry seeking to invest in software, technology, SAAS, B2B companies etc. Successful working background in developing technology, software, product development and marketing to ignite growth.

$10,000 to $10,000,000

Florida > Palm Beach Gardens

Our capital group has over 25 years of experience in lending. merger and acquisitions. We handle everything in the capital stack. I have over 25 years experience in banking and working with hedge funds. We work with over 40 different lenders.

$5,000,000 to $95,000,000

Florida > Holiday

I have been investing in real estate for appox 10 years. If the project makes sense and if the project is legal count us in.

$10,000,000 to $50,000,000

Florida > Spring Hill

Private investor

$2,000,000 to $25,000,000

Florida > Jacksonville

Experienced investor and business owner looking to expand portfolio. Interested both in hands off and hands on projects. Extensive business and marketing experience. Ready to invest in risky projects, businesses going through hard times and startups.

$20,000 to $500,000