LaunchPadToolKit is a mobile friendly, Software as a Service business planning tool that helps early stage entrepreneurs turn their ideas into plans.
Ideas Are Not “Business Plans”
“I have a great idea” is not enough to raise money. You need to organize your idea in such a way that prospective investors can evaluate it and decide if they want to back it. They will want to know about your market, customer, team, financials and risks. Sounds complicated. But don’t fret.
You Don’t Need an MBA to Write a Business Plan
Instead, you just need to be clear about what you are trying to do, think things through and organize your thoughts into a coherent story. A plan includes: “This is what I am selling, to x customers at y price. It takes x days to get going and makes $y. It isn’t a guaranteed success. But it should work. Here are some of the risks:”
Show Me The Money
Investors won’t give you money if they don’t understand what you are trying to do. But if you follow the LPTK easy to use structured questions and answers, your ideas will become clear plans and the likelihood you raise money will increase.
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