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Chapter 4_MGT422_SP11 (2)

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Unformatted text preview: orting, Business Plan text Business Common items included: Pictures of the product/prototype Management team resumes Patent, IP, legal documentation Surveys and summary data used to study target market Financial statements Other supporting documents that will help make your case for Other how this is going to become a lucrative business how Other Resources to Help Other Small Business Administration (www.sba.gov) FREE advising at regional office; FREE help identify sources of financing, FREE help write FREE FREE business plan, other FREE business help FREE Small Business Development Centers (SBDC) (http://www.odod.state.oh.us/edd/osb/sbdc/default.htm) (http://www.odod.state.oh.us/edd/osb/sbdc/default.htm) Help with doing business in local regions Business Incubators (http://www.techincubator.org/index.html) (http://www.techincubator.org/index.html) Most good-sized cities have at least one incubator Provide free or greatly discounted office space, R&D laboratories, administrative support, Provide consulting, etc. consulting, Many favor high-tech businesses A variety of helpful business plan website links can be found at the following: variety business http://www.sba.udayton.edu/entrepreneur/business_plan_links.asp http://www.sba.udayton.edu/entrepreneur/business_plan_links.asp Free Sample Business Plans (http://www.bplans.com/sample_business_plans/index.cfm) Free (http://www.bplans.com/sample_business_plans/index.cfm) Many other helpful business-related websites can be found at: http://sba.udayton.edu/entrepreneur/ Many other Presenting the Business Plan to Investors Presenting Making a Presentation to Investors If the business plan elicits interests of investors, next step to present If the plan in person the The first meeting is generally very short (e.g., about one hour) The investor will generally ask the firm to make a 20- to 30- minute The PowerPoint presentation and then ask question PowerPoint #1 rule—follow instructions given to you...
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