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Description

#Leadership #Business Plan #Business Model #Business Model Canvas

Links:

Business Model Canvas:

https://www.strategyzer.com/canvas

YouTube- Business Model Canvas Explained with Examples

YouTube-Osterwalder explaining the Business Model Canvas

Score.org- Template Gallery

Genalyte – Like Theranos but it works!

Training Videos from SBA.GOV- Writing a Business Plan

7 good reasons to write a business Plan:

  1. Prove yourself you are ready
  2. Give your company better chances to grow
  3. Do your due diligence to lower your risks of failure
  4. Determine your financial needs
  5. Get funding
  6. Attract partners, and employees
  7. Create a guide to measure future performance

8 crucial elements in your Business Plan:

  1. - The elevator pitch
  2. - The Team (you, partners, advisory board, future staffing need)
  3. - Your operations and user experience
  4. - The market need for your item/service
  5. - A competitor analysis
  6. - Your roadmap with major milestones
  7. - Your financial projections for the next 1 to 2 years
  8. - The Capital need (how much money are you trying to raise)