Business planning. Wait before you burn it!
Free resources (in French):
The perfect business plan?
- A dream team: capable, experienced, committed, adaptable and trustworthy
- A unique offering with a proof of concept
- An in-depth market research section (i.e. incl. demand, industry and competition)
- Focus on one niche market and a strong Sales & Marketing plan
- Focus on the core business
- Ambition and realism
- Clear milestones
- Strong governance
- Risks analysis and Plan B included
- Financial plan based on a limited set of benchmarked assumptions
- Cash rich
- Keep it simple
- Ready for execution
VC will add:
- Fast and scalable business model
- Clear exit strategy
Hard questions?
- Why you?
- What makes you unique?
- Why now?
- Is it possible to increase the market potential?
- How can we sell more and/or faster?
- Is it possible to reduce the risks?
VC will add:
- Can you do more with less money?
- How to reduce time to exit?
- Where to find other deep pocket investors (i.e. syndicate members)?
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