How to Submit a Business Plan For A Web Company: In many cases, Every entrepreneur will face capital investors or financiers in order to obtain financing. Today, the Internet is more than a digital platform, is a world for business. There are many entrepreneurs who are betting on creating a company in the web world. How to stand out from so many and get approval from the funder? First, clearly, communicate your project.
How to Submit a Business Plan For A Web Company
To communicate successfully you must prepare well the content of your message and think about what you want to listen to your receiver. Your message is the Business Plan, and the receiver who will give you funding. Here’s how to convince your project is the best could support. Keep these keys:
1. The usefulness of the idea for the user in a short phrase First, we must know how to communicate clearly and a summary of what your project is. Focus on the value of your service or product to the user. It is not the business model and the value they provide to advertisers or suppliers, but the value they provide to users.
All successful websites offer services to users that can be summarized in a phrase such as “search jobs”, “search property listings”, “Social Network”, “professional social network”, etc.
2. The business model in a short phrase Like the idea, you have to know the business model summarized in one short sentence. Recommended that you choose the business model by which bets and it just highlights. Thus, it can be summarized in one short sentence and make sure you communicate in a clear and forceful your business model.
3. Founders full time and investing your money, It is an important advantage that the main founders are going to devote full time to the new project. It is a success factor for the project, so it is an important issue for funding.
4. Transmit and push forward, It takes a lot of energy, confidence, motivation, and drives to cross the desert, like to cross the first years of a new business. It is important that potential investors and the team notice that entrepreneurs have this drive and this desire. If you seem to lack the motivation or commitment of any founder, worth perhaps rethink their participation in the project.
5. No previous experience is needed in the sector No previous experience is needed, but it is needed to complete the team with people who have them and thoroughly study the sector to learn from its current operation. For this contract or in the project involve any expert could be a very important asset to the new company.
6. Cast stakes clear from the beginning, If multiple founders or investors in seed capital, defined as before the exact number of shares and the percentage that will have everyone. The initial deal can be linked to commitments of permanence or dedication of time by the founders and served with buying and selling options in case of non-compliance with these commitments. Not worth leaving the distribution of shares “for later”.
It is recommended that the allocation of shares is made on the basis of objective criteria and, if possible, not all with the same percentage.
7. Forecast expenditure over two years, forecast of expenses over two years is necessary to know how much money you need in the case of not charging anything for the first two years. This forecast also allows the team to calm down during the first months of the new company. It is very stressful to spend without entering, and know that expenses are being made in line with planned helps lower the pressure.
8. A clear assessment of the company and the investment is sought when one is contemplating an investment in a company wants to have a clear answer and bluntly to the following questions:
• How much money is being sought?
• With what money pre-assessment prior to enlargement?
• What percentage of this investment is with this assessment?
• Be precise and specific responses.
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