• Caught in the debt trap?

    Help us help you by taking our second annual Debt survey and you could win R3 000.

  • Rich man, poor man

    Culture change from below is the only way to overcome poverty, says Leopold Scholtz.

  • Tech bubble talk

    After the tech euphoria of 2013, the fast-moving sector has hit a speed bump.

Data provided by McGregor BFA
All data is delayed
Loading...
See More

The best style for a business plan

Jun 14 2013 10:53


Related Articles

Is a Chinese firm a good JV partner?

My attempts to become an entrepreneur

Apathy killed my business

Tackling the cash flow challenge

Two businesses, two VAT numbers?

What’s in a name?

 
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
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

Ramphele: ANC can be defeated

The African National Congress can be defeated, Agang SA leader Mamphela Ramphele has told supporters in Temba near Hammanskraal.

 
 

Latest elections multimedia

Watch what happened when we blindfolded Helen Zille and asked her to eat random things
13 days to elections - news you need to know
11 Julius Malema quotes you'll never forget
DA won't get 30% - Zille

Money Clinic

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