VC’s and business angels read business plans slightly differently from other professionals. As a first time entrepreneur who’s trying to raise funding, you should be aware of that.
We study , analyst , research & write business plan
People- who are going to run the business.
how feasible your idea is, and are you able to realize that idea and convert the opportunity to money.
Market exists: focus on differentiation-how your product differentiate from the competition and why do you expect that it will attract the customers.
The structure of the business plan-The business plan is a formal document that follows accurately outlined structure.
Executive summary, Company/business description
Product and/or services, Market analysis – macro and micro environmental analysis
Marketing plan, Operational plan, Financial plan
Management and organization, Market analysis – macro and micro environmental analysis
Threat of the new competition; Threat of substitute product or services;