The Perfect Business Plan
Is your pitch deck perfect? Awesome! Now it’s time to tackle the Business Plan, and I don’t want to hear “BP is useless” – it’s super useful!!! You’ll find a template at the bottom of this note.
What’s a Business Plan for?
A Business Plan is your 3-5 year business roadmap. It helps your banker and investors understand exactly where you’re headed and what goals you aim to achieve in 1 year, 2 years, and beyond. These goals will be the foundation for your next funding round (or not).
Is a Business Plan only useful for financiers?
Absolutely not! The Business Plan is hugely underrated, hence my little jab at “BP is useless.” Before it helps your investor see your vision, it helps you know where you stand and provides a clear path forward.
Sure, on day one you might not have all the numbers, but that’s okay. Start by looking at comparables in your market and setting commercial and product goals
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