#What the best business plan software how to
#What the best business plan software pdf

It also gives you some momentum and traction and helps you recruit partners and employees. Having a prototype of your product makes it easier to sell your vision to investors. Focus on Building a Good Prototype ProductД«uild version 1 of your product.

#What the best business plan software how to

DonвЂ™t have a poor layout, bad graphics, or a low-quality вЂњlook and feel.вЂќ Think about hiring a graphic designer to give your pitch desk a more professional look.ДЇor additional advice, and a sample pitch deck, see How to Create a Great Investor Pitch Deck for Startups Seeking FinancingВ and Want to Raise Financing for Your Mobile App Startup? HereвЂ™s the Ultimate Investor Pitch Deck.

And you donвЂ™t want information or metrics in the deck about your business that look stale or outdated. You donвЂ™t want a date on the cover page that is several months old (that is why I avoid putting a date on the cover page at all).

DonвЂ™t have your pitch deck look out of date.

DonвЂ™t underestimate or belittle the competition.

DonвЂ™t use a lot of jargon or acronyms that the investor may not immediately understand.

Your in-person presentation will give you an opportunity to add and highlight key information.

DonвЂ™t try to cover everything in the pitch deck.

DonвЂ™t provide excessive financial details, as that can be provided in a follow-up.

DonвЂ™t make the pitch deck more than 15-20 slides long (investors have limited attention spans).

Do use a consistent font size, color, and header title style throughout the slides.

Do have a sound bite for investors to remember you by.

Do show that you have more than just an idea, and that you have gotten early traction on developing the product, getting customers, or signing up partners.

Do tell a compelling, memorable, and interesting story that shows your passion for the business.

Do plan to have a demo of your product as part of the in-person presentation.

DonвЂ™t force the investor to get it from Google Docs, Dropbox, or some other online service, as you are just putting up a barrier to the investor actually reading it.

#What the best business plan software pdf

Do send the pitch deck in a PDF format to prospective investors in advance of a meeting.

Do include visually interesting graphics and images.

Do convince the viewer of why the market opportunity is large.

Do include this wording at the bottom left of the pitch deck cover page: вЂњConfidential and Proprietary.

Here is a list of preliminary doвЂ™s and donвЂ™ts to keep in mind: Too many startups make a number of avoidable mistakes when creating their investor pitch decks.

The Ask (how much capital you are trying to raise?).

Financials (actual and projected profit & loss and cash flow).

The Marketing Plan (how do you plan to market? what do you anticipate for customer acquisition costs vs.

Business Model (what is the business model?).

Traction (early customers, early adopters, partnerships).

The Competition (who are the key competitors?).

The Technology (what is the underlying technology? how is it differentiated?).

The Customers (who are the target customers? why will there be a big demand from these customers?).

The Product (give specifics on the product).

The Market Opportunity (how big is the addressable market?).

The Solution (what is your proposed solution? why is it better than other solutions or products?).

The Problem (what big problem are you trying to solve?).

The Team (who are key team players? what is their relevant background?).

Mission/Vision of the Company (what is the mission and vision?).

Company Overview (give a summary overview of the company).

You want your investor pitch deck to cover the following topics, roughly in the order set forth here and with titles along the lines of the following: Therefore, itвЂ™s crucial that a startup seeking funding absolutely nails its investor pitch deck and articulates a compelling and interesting story in the short time it has during the presentation. Raising capital from investors is difficult and time consuming.