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Valencia Colleges (Buk) Inc.: Second Semester of A.Y. 2021-2022
Valencia Colleges (Buk) Inc.: Second Semester of A.Y. 2021-2022
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Valencia Colleges (Buk) Inc.
Hagkol, Valencia City
Valencia_colleges@yahoo.com
Introduction
business idea. Id you have contacted a VC about investing in your business and have
ENTREPRENEURIAL MIND
Rationale
In this module, you will know how to present your business plan to venture capitalist.
CHAPTER 2: Lesson 3
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Discussion
Introduce yourself and your company. State your name, the name of your
company, and briefly describe what your company does. You really want to do this
in just one or two sentences. You may say for example, "Hello, my name is Mark
Maddox, I am the sole proprietor of XYZ Corporation, and we manufacture
educational products for children".
Step3
Recite your mission statement. If you do not have a mission statement, consider
drafting one. Many VCs view a mission statement as an essential part of starting a
successful business. Your mission statement should be no more than a paragraph in
length and should include the following:
The company's purpose. Make it short and to the point. For example, a
company who manufactures educational products for children may state its
purpose as, "to provide children with high quality, inexpensive, educational
materials".
Your target audience. Your target audience is the group of people to whom
you will market your product or service. For example, a manufacturer of
children's educational products may serve children all across the United
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States or a tax preparation company may serve tax payers in a certain
county or state.
A description of your company’s product(s) and/or service(s). Describe what
your company's product or service is, what it does or how it works, and why
someone should want to buy or use it. For example, a tax preparation
company may provide faster, more accurate, and less expensive income tax
preparation services to tax payers in the area than any other company.
An explanation of what the company wishes to accomplish. For example, an
animal shelter may wish to "ensure that all homeless and abused animals find
caring, loving homes" or a tax preparation company may wish to "make fast,
ENTREPRENEURIAL MIND
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You may wish to illustrate your points with charts or graphs to make the plan
easier to read and understand.
A description of the competition. Identify and name your competition.
Describe the competition’s product and marketing strengths and
weaknesses. You may also want to briefly describe why your product is better
than your competitor’s product and how you will convince potential
customers of that.
A summary of why the VC should invest in your company. Create a bulleted
list of your company’s main attractions or write a paragraph selling your
product and your company. However, you format it, this is your last chance
ENTREPRENEURIAL MIND
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dishonest team members. Talk about your team members’ strengths and how
they will contribute to the success of your business.
Step 6
Describe how much capital you need and what you will do with it. You may wish to
make extra slides or create an addendum to your presentation so that you can show
charts, graphs, or bulleted lists while presenting this information. Be very specific
about how much money you need and how it will be spent.
Step 7
ENTREPRENEURIAL MIND
Ask the VC or group if there are any questions that you can answer. No matter how
well you cover everything in your presentation, a person considering making an
investment in your business will very likely have some questions. Ask if there is any
additional information that you can provide to the VC, any questions you may
answer, or any concerns that you may address. Be prepared to answer questions
about your business, product, and financials completely and honestly.
Step
Thank the VC for his or her time. The professional way to end any business
presentation is to thank your audience for their time. Shake the VC's hand and tell
him or her that you appreciate their time and look forward to hearing from them. If
you have a business card, this would be the time to hand it to them.
Tips:
1.Practice your presentation. Enlist the help of friends and family to act as an
audience so that you may practice your speech and slide show presentation.
2.Keep is short. Twenty minutes is the maximum length for a good VC presentation,
and many experts recommend that you keep it to no more than 10 minutes.
3.Allow plenty of time for a question and answer session after your presentation.
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Exercise
_____________________3. After all, new companies fail everyday due to a simple lack
of experience.
ENTREPRENEURIAL MIND
___________________8 Write your plan using language that your audience will
understand. Provide a brief description of the product or service your company
offers.
___________________9. is the group of people to whom you will market your product
or service.
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___________________12. A summary of your most recent profit and loss statement, your
current budget, and a financial projection for the following year should be included
in the financials.
____________________13. No matter how well you cover everything in your
presentation, a person considering making an investment in your business will very
likely have some questions.
_____________________14. Enlist the help of friends and family to act as an audience
so that you may practice your speech and slide show presentation.
Reflection
Essay
1. Do you agree that you will have an edge to your competitor if you have
Reference
https://www.wikihow.com/Present-a-Business-Plan-to-Venture-Capitalists
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