Foreword | i |
How to Use This Manual | i |
About the Author | ii |
Introduction | iii |
1. Getting Started with BPSR | 1 |
First Stop: Reality Check | 1 |
Why Even Use a Business Plan? | 2 |
Know Your Investor | 5 |
Your Single Biggest Challenge | 7 |
Three Steps to Bridge the Investor Confidence Gap | 7 |
The Villains of Effective Communication and How to Stop Them | 10 |
Identify Your Team | 11 |
Organize Now and Save Time! | 12 |
2. Gathering Evidence and Picking Out Talking Points | 16 |
First, Sell Yourself on Your Idea | 16 |
What to Gather? | 17 |
Do Your Own Due Diligence | 18 |
Classifying Your Material | 19 |
Sources of Evidence | 20 |
Web Evidence | 22 |
Selecting Your Arguments | 24 |
3. Show Me the Numbers | 29 |
Start from a High-Level | 30 |
Financial Statement Basics | 33 |
The Statement of Earnings | 33 |
Statement of Financial Position | 37 |
Statement of Cash Flows | 40 |
General Suggestions | 43 |
Compiling Your Financial Statements | 44 |
Valuing Your Business | 46 |
4. Drafting Your Document | 50 |
Take Action | 50 |
Outline Your Plan | 50 |
Formulate Interrupting and Engaging Openers | 57 |
Pack in the Information | 57 |
Incorporate Your Evidence | 57 |
Seven Remedies When Your Writing Stalls | 57 |
Check Your Work with Everything Together | 58 |
Principles of Good Organization | 63 |
5. Writing in Plain English | 66 |
Nine Common Writing Mistakes | 66 |
Use the Active Voice with Strong Verbs | 67 |
Try Personal Pronouns | 70 |
Bring Abstractions Down to Earth | 71 |
Omit Superfluous Words | 72 |
Write in the Positive | 73 |
Use Short Sentences | 74 |
6. Designing Your Document | 80 |
Beginning the Design Process | 80 |
Hierarchy | 81; |
Typography | 81 |
Layout | 84 |
Graphics | 88 |
Color | 92 |
7. Finalizing Your Document | 94 |
Get a Fresh Set of Eyes | 94 |
The Second Draft | 94 |
The Third Draft | 95 |
Final Proofing | 95 |
8. Time to Go to Press | 97 |
Hard Copies | 97 |
Electronic Copies | 99 |
Congratulations! | 100 |
9. Preparing Your Oral | 101 |
Arguments | 101 |
Six Steps to Your ?Elevator Pitch? | 101 |
What to Expect in Your First Investor Meeting | 103 |
10. How to Find Investor Addresses | 106 |
Use a Consulting Firm | 106 |
Buy an Investor Database | 106 |
Create Your Own List Off the Web | 107 |
Use Resources at the Public Library | 108 |
Capturing and Storing Address Information | 108 |
11. Getting the Word Out! | 109 |
Pitfalls to Avoid When Using E-mail | 109 |
Utilizing the Web | 110 |
Making Your Investor Relations Web Page Powerful | 111 |
Press Releases & Publicity ? Overlooked Investor Relations Tools | 113 |
Appendix A. Due Diligence Sample Request List | 116 |
Appendix B. Companies & Resources Referred to in This Manual | 123 |
Books/Ebooks | 123 |
Understanding Investors | 124 |
General Economic and Reference Information | 124 |
Competitive, Market & Industry Research | 124 |
Business Plan Software | 125 |
Business Valuations | 125 |
Writing and Layout Aids | 125 |
Printing and Binding Tools & Information | 125 |
Business Plan-related Services | 126 |
Investor Databases | 126 |
Database Programs | 127 |
Creating a Web Site | 127 |
Investor Relations | 127 |