5 Tips On Writing Business Plan For Angel Investors

There is a lot of trendy nonsense written about how I made it Zillions without a Business Plan.

So here are our top 5 tips for writing a business plan for Angel Investors in mind:

1. Just write one and keep it simple and short, we have analysed what Angels actually look at when reading a BP. They do not like detail and will review most in less than 2 minutes. Scream out in the first few pages what you do.
2. Minimise jargon; remember Angels may be rich but are usually only expert in one field.
3. State your assumptions and be prepared to defend and flex them. Half your sales and double your costs – do you still have a business?
4. Accept that the only sure thing that can be said about it is that it will be wrong. It is always better to plan and be wrong than not being able to learn from your mistakes.
5. State WHO is in the company. Often a mediocre idea will be picked up, if it has a good team behind it.