Writing BP doesn't really pay attention to whether the writing is good or not, and BP doesn't need to be quoted from the side, citing classics (that kind of thing is estimated that investors don't even look at it hahaha) As long as your business plan is structurally complete, the narrative is clear, and your project is clear, it will beat many entrepreneurs~
Let me start by talking about how to get angel investors to take a fancy to your BP, and you need to understand what they pay attention to when they look at BP. Stepping on the point is the only way to make your BP stand out.
First of all, your idea should be exactly what investors are interested in and pay attention to.
Second, when investors read a business plan, they will pay attention to the size of the market and the competition.
Third, investors pay attention to the team. In a team, the relationship intimacy, team experience, comprehensive ability, and equity structure are the focus of investors. When the team is an acquaintance or recommended by an acquaintance, it is best to find someone to recommend and endorse it, which can increase the chance of success.
Fourth, the business model is important. Don't talk about ideals and feelings, be down-to-earth, and return to the most realistic consideration - how to make a profit.
Fifth, highlight your differentiating strengths or innovations, and what breakthroughs does your project have over the existing model, and can it solve the problems of the present/future? Only by showing investors the uniqueness of the project and the profit opportunities can they be tempted.
Sixth, we must pay attention to products and data. If the product is already online, what about your growth rate, retention rate, user activity, and all these data can show whether the product is popular with the market.
Finally, the valuation should be reasonable, not sky-high. It's not just a matter of scaring away investors or not. If you sell too many shares, it will also affect the founder's holdings, which will also have an impact on future financing.
The above is only a few parts of a BP, and you can't give investors a business plan that is all there is to it = =!