Shark Tank Business Plan
This has to be creative, like if it was being presented to Shark Tank Presenting this plan is essential to seek financing, partners or investors and serves as a guide for those who are in charge of the company. In the case of this project, they must take into account what they want to achieve with it: to get money. Your business plan has to include seven parts: 1. Executive summary This is a concise summary of the main points. It serves as an introduction to get the investor’s attention. It should include: • What type of business it is and in which country it will be established • What product or service it will offer and what makes it special • Who will be in charge. How are they qualified for this business. • How much money do they have, how much do they need and how do they plan to get it (investors? Crowdfunding? Startup? • How do they plan to use the money? 2. Company description • Name • How it will start (place, size) • How it will grow (projections) 3. Description of products and / or services • What will they sell • What will be good about this product / service • What equipment will they need • Why do they think this product or service is necessary 4. Market analysis • Similar businesses in the area • Where are Your business will stand out (compared to others) • Who will be your clients 5. Marketing plan • How will potential clients find out about your existence • What will you do to make them prefer your product / service • What will your advertising campaign be like • How much money they plan invest in advertising 6. Operational plan • Where they will establish their premises • What they will need • Who will run the business • How many employees and how they will get them 7. Financial plan • Expense and sales projections • What kind of dividends or profits investors can expect