Purpose: Startup business
plans are designed to map out a company's business strategy
and/or raise venture capital from investors or strategic
partners.
Key Attributes: Startup business plans
focus on extensive analysis and refinement of strategy,
the business model, execution activities, launch roadmap/timeline,
funding needs and uses, as well as management team and
hiring plans.
These business plans also include market opportunity
analysis, competitive environment analysis, differentiation
vs. competitors, company strengths and weaknesses, and
risk analysis. They generally lay out a thorough marketing,
sales and distribution plan, and provides in-depth detail
on key value propositions and positioning.
Startup business plans are typically supported by a
financial model, executive summary, and PowerPoint presentation
when pitching investors.
Who Needs It:
» Entrepreneurs forming their idea or preparing for launch
» Entrepreneurs and startups seeking seed, angel, and venture capital investment
»
Growth companies seeking follow-on rounds of financing.
What It Does:
»
Positions the company favorably to raise investment
capital
» Reduces risks and charts a strategic course to profitability
» Hones the opportunity and business model prior to launch.
Back to Business Plan Overview
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