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Chapter 9 Entrepreneurship: Successfully Launching New Ventures, 1/e Bruce R. Barringer R. Duane Ireland
Chapter Objectives (1 of 2) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Chapter Objectives (2 of 2) ,[object Object],[object Object],[object Object],[object Object],[object Object]
What is a Business Plan? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Why Read the Business Plan—and What Are They Looking For? There are two primary audience for a firm’s business plan. Audience What They are Looking For A Firm’s Employees Investors and other external stakeholders A clearly written business plan, which articulates the vision and future plans of the firm, helps the employees of a firm operate in sync and move forward in a consistent and purposeful manner.  A firm’s business plan must make the case that the firm is a good use of an investor’s funds or the attention of other external stakeholders.  The key is to include facts generated through a properly conducted feasibility analysis.  A business plan rings hollow if it is based strictly on what an entrepreneur or team of founders “thinks” will happen.
Guidelines for Writing a Business Plan (1 of 3) ,[object Object],[object Object],[object Object],[object Object]
Guidelines for Writing a Business Plan (2 of 3) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Guidelines for Writing a Business Plan (3 of 3) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Outline of Business Plan (1 of 1) ,[object Object],[object Object],[object Object],[object Object]
Exploring Each Section of the Plan (1 of 10) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Exploring Each Section of the Plan (2 of 10) ,[object Object],[object Object],[object Object],[object Object]
Exploring Each Section of the Plan (3 of 10) ,[object Object],[object Object],[object Object],[object Object]
Exploring Each Section of the Plan (4 of 10) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Exploring Each Section of the Plan (5 of 10) ,[object Object],[object Object],[object Object],[object Object]
Exploring Each Section of the Plan (6 of 10) ,[object Object],[object Object],[object Object]
Exploring Each Section of the Plan (7 of 10) ,[object Object],[object Object],[object Object],[object Object]
Exploring Each Section of the Plan (8 of 10) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Exploring Each Section of the Plan (9 of 10) ,[object Object],[object Object],[object Object],[object Object]
Exploring Each Section of the Plan (10 of 10) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Presenting the Business Plan to Investors (1 of 3) ,[object Object],[object Object],[object Object],[object Object]
Presenting the Business Plan to Investors (2 of 3) ,[object Object],[object Object],[object Object],[object Object]
Presenting the Business Plan to Investors (3 of 3) The most important issues to cover in a PowerPoint presentation to investors (including recommendations for the number of slides to use for each topic)

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Entrepreneurship Skills

  • 1. Chapter 9 Entrepreneurship: Successfully Launching New Ventures, 1/e Bruce R. Barringer R. Duane Ireland
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  • 5. Why Read the Business Plan—and What Are They Looking For? There are two primary audience for a firm’s business plan. Audience What They are Looking For A Firm’s Employees Investors and other external stakeholders A clearly written business plan, which articulates the vision and future plans of the firm, helps the employees of a firm operate in sync and move forward in a consistent and purposeful manner. A firm’s business plan must make the case that the firm is a good use of an investor’s funds or the attention of other external stakeholders. The key is to include facts generated through a properly conducted feasibility analysis. A business plan rings hollow if it is based strictly on what an entrepreneur or team of founders “thinks” will happen.
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  • 10.
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  • 13.
  • 14.
  • 15.
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  • 22. Presenting the Business Plan to Investors (3 of 3) The most important issues to cover in a PowerPoint presentation to investors (including recommendations for the number of slides to use for each topic)