The specific elements of a business plan template have been answered above, Elephant Creative Services, as a professional business plan template service provider, from another perspective, to share the notes of the plan.
In fact, investors read hundreds of business plans every day, and there is no way for many projects to be told to investors in person. All things being equal, a business plan that is sincere and meets the definition of "good" will have a comparative advantage.
Just as there are universal criteria for a good story, such as emotional authenticity, structural integrity, and a strong sense of involvement, there are also universal criteria for a good business plan. To define the "good" standard for a business plan, we think it should be the following five aspects:
One, easy to read, concise and clear
The working environment of the investors is very fragmented, and the carrier of the BP is almost always in the mobile terminal. A BP with a very poor reading experience will make the investor's impression of the entrepreneur who pitched the project greatly reduced. And those business plans that provide accurate information, investors are also happy to respond even if they don't invest.
Two, logical hierarchy
Looking at the logical hierarchy of the business plan process like peeling bamboo shoots. Investors in your BP guide, from the surface to chew your project logic, understand your entrepreneurial intentions, think about your business model, and ultimately get a three-dimensional judgment. This requires that the entire project should be articulated logically and hierarchically in the business plan, reflecting key information.
Three, focused
A good business plan, the same need to have a certain focus. For example, if it is a product-driven product, then describing the product logic and application scenarios must be a key point, rather than the award-winning status of your product. If it is a strong team should tell investors why your team is strong enough to do such a job, and other irrelevant issues.
Four, do not make stupid
Of course, you do not want to make some very low-level mistakes, such as the founder of the Elephant Creative Services said, "the document is too large, leaving a particularly high valuation waiting to cut the price," and so on, are some of the silly behavior.
Fifth, use product thinking to write BP
Standing in the perspective of building products to think about BP, you will be much clearer. Do you want to focus on the user experience? Do you want to pay attention to the interactive experience? The handling of details reflects your thinking about the project and the degree of your dedication. Many investors say, "If a founder can't write a BP, then his thinking ability must be unqualified".
The above are our thoughts on a standard business plan. To reiterate the standards of a good BP:
1, easy to read, good experience
2, logical, hierarchical
3, the document is lightweight, easy to open
4, structural integrity, focus on
5, beautiful design, concise
6, according to the truth, refusing to cheat