• Power to Gordhan

    SONA 2016 has set it all up for Pravin Gordhan, it shows just how powerful he may be, says Daniel Silke.

  • Inside Labour

    The history of Valentine Day cards gives a glimpse of how technology resulted in job cuts, says Terry Bell.

  • Courage to do right

    A number of factors will impede Zuma’s opportunity to have a ‘Lula moment’, says Prof Dirk Kotze.

All data is delayed
Loading...
See More

The best style for a business plan

Jun 14 2013 10:53
A Fin24 user wants to know about the different ways of writing a business plan. She writes:

Is there more than one way to write a business plan?

Is it better to include more information or just stick to the point?

Ian Reid, CEO of Platinum Black Consulting, responds:

Many venture capital companies request that you give them a two-page business plan that gives the most important facts of the venture.

This will include product, target market, the opportunity, competitive advantage, management structure and experience, the finance needed, the return on investment and the extent of the business growth.

This will then give them a very good idea of whether there is a real investment for them or not.

The summary business plan will be backed up by a more comprehensive plan with the research and budgets done, but the salient or most important points are what really count.

Have a look at the free Business Plan book for further guidance.

 - Fin24

Share your experience of setting up a business or simply ask a question. Our business panel can put you on the right path.

 

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

entrepreneurs
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Will Jacob Zuma's State of the Nation speech help SA avoid "junk" downgrade?

Previous results · Suggest a vote

Loading...