5 Factors When Planning KD

You need to have the following five basic elements to maximize profits and decide the interest of investors.

In business, everything is very fair, if you want investors' money, you must present their business plans feasible. Even when you write a brief summary of management or a 12 page business plan is 70 pages long official. You must also include the following five basic elements to maximize profits and cover every aspect of law, like Thomas Hunter, a partner of Toronto law firm said "five basic elements This will determine the interest of investors." Full implementation of five basic elements in the business plan will increase your advantage to potential investors.

1. Technology

You have a new technique or "confidential interesting" What? Describe them in a convincing way the phrase professional simplest. Create a feeling of comfort to investors by guarantee sure your technology is protected by patent law and true friend is the owner that the technology and you also have signed legal papers with the invention of their interests (in cash or may be optional)

2. Markets

Describe the market for these types of products or services match your technology (market bigger the better), described the market view will have to compete with rivals that offer simultaneous analysis specific because when they appear, a patented invention has many competitors. Confirm your market through "a serious commitment to customers," but you must also ensure that customers or your potential partner will sign a guarantee they aim to prevent piracy Your.

3. Working Group

They include those and they are implementing the strategy of your business like? "A venture capital does not necessarily require everything to be perfect but you have to have working groups that they trust. That is the reason they invest in you, "Mr. Hunter said so. Everyone must have labor contracts specify the profile as well as their main job with the conditions as well as the engines of their work. There is also agreement that all the products they create are owned by the company.

4. The cash return on plan

Please indicate to investors that you will use their money to the purpose. At the same time, please propose specific date to catch the actual data and other important activities. You need not give specific sales in some areas. You should also be careful not to exceed the expenditure of their ability, especially for financing too many cases. According to Hunter, the "pay too high at the start is a fundamental mistake."

5. Time-limit strategy

Whether your plan is to sell goods to consumers, competitors or suppliers, you also need to have term strategy. Describe what can be earned and when investors can profit because "investors can not wait 10 years to be able to profit, you had to do within five years. "