2016 Business Plan

Business Plan Articles

The business plan continues to play an integral role in the financing process of early stage companies. Modern business plans, however, continue to change in order to adapt to a more competitive financing market. Business plans in 2016 are increasingly concise than they were a decade ago, they emphasize the market positioning and competitive edge that the business delivers to the market and how companies will achieve success relative to others in need of financing. The business plan in 2016 is seen as a communication medium that provides prospective investors with a big picture of your company and how the business model works with the management team responsible for its implementation.

business plan

2016 Business Plan

Surprisingly, a large portion of the market continues to write excessively large business plans that contain irrelevant information. Unlike these consulting firms, Pro Business Plans structures information in a way that is intuitive to investors and lacks confusion for a modern 2016 business plan. Moreover, the company provides the latest market research available that is the same used at investments banks from IBIS World reports to US Census data. Given our background and experience, we have prepared the following tips for your review when writing a business plan in 2016.

2016 Business Plan

Quickly Communicate Your Competitive Advantage

If you have an idea to start a new business, it is very likely that someone already has the same idea and has already approached the investor about financing. Therefore, it is more important than ever in 2016 to communicate the competitive advantage of your company as quickly as possible. We place the competitive advantage as the first page of the business plan to ensure that investors are immediately interested to read more. Immediately going into details about the market size or discussing the entire business model in a holistic manner will leave them confused rather than informed about what differentiates you in the marketplace.

Be Concise and Stay Under Thirty Pages

In the past, a business plan was a lengthy document that was well over forty pages of unnecessary information. It has never been more important to remain concise because as the competition for Startup financing increases, investors will spend less time on each business plan and are only concerned with the critical details. If the plan is excessively large, it is likely that investors will quickly read through the plan and ignore important details that are critical to the success of your company. Pro Business Plans does not typically write plans that are over thirty pages in length. If for some reason the plans exceed this amount, we re-consider some of the content that has been included to determine its degree of importance.

Only Use Accurate Third Party Research

We have seen many business plans that use independent studies that include focus groups, reports from unknown research firms, and inductive reasoning based on anecdotes. Investors largely ignore all of this data and often adopt a negative impression of the entrepreneur due to their naivety of using such research. Only market data from respectable research firms should be used such as IBIS World Industry Research, US Census data, and CapitalIQ. Investment banks have their own research database, but many smaller investors may expect that the business plan includes such reliable information that may be used to form the basis of their decision.

Immigration Compliance

If you are creating a business plan for immigration or specific purpose, it may be required to meet specific standards and criteria in order to be accepted. We provide business plan advice to ensure that your plan meets compliance standards for immigration to prevent any delays or rejections in the immigration visa application process. Our consultants work closely with legal teams to communicate exactly what requirements the business plan must meet and can help you to effectively meet these requirements by providing business plan advice.

Business Model Development

Many Startup companies fail because their business model is not appropriate for the market. Their revenue model does not make financial sense when it is analyzed by a third-party, the market demand has not been properly tested and needs to be revised, or some other fundamental dimension does not make sense. Pro Business Plans can help your company to structure the business model in a way that makes sense to investors and can help your company have more success in the market. We provide objective business plan advice and work with you to apply it for the investment presentation and are happy to stick with you to oversee its tangible success.

What is Included in Our Custom 2016 Business Plan?

  • Marketing Plan
  • SWOT Analysis
  • Competitive Analysis
  • Profitability Analysis
  • Personnel Plan
  • Organizational Chart
  • Company Valuation
  • Executive Summary
  • Company Description
  • Keys to Success
  • Three Year Objectives
  • Product or Service Description
  • Market Research
  • Fundraising Support
  • 12 Month & 3 Year Profit & Loss
  • 3 Year Balance Sheet
  • 12 Month & 3 Year Sales Forecast
  • 12 Month & 3 Year Cash Flows
  • Break-Even Analysis
  • Financial Ratio Analysis
  • Management Team

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