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The key elements to include in a three-year plan for a startup are:
1. Executive Summary: A brief overview of your business, its mission, and its unique selling proposition.
2. Business Description: Detailed information about what your business does, the problem it solves, and the target market it caters to.
3. Market Analysis: An in-depth look at your industry, market size, and competition.
4. Organization and Management: Your business structure, the team, and their roles.
5. Services or Products: What you're selling or the service you're offering.
6. Marketing and Sales Strategy: How you plan to attract and retain customers.
7. Funding Request: If you're seeking investment, detail how much you need and how it will be used.
8. Financial Projections: Provide a forecast of your business finances for the next three years.
9. Exit Strategy: Outline how investors will recoup their money.
Question was asked on:
Looking ahead, share your plan for the coming three years. Especially for newly founded companies, the three-year plan has been a standard measure of success. Investors need to be reassured by a practical blueprint of the foreseeable future to consider putting their money into any new project. (Slide 24)
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How do you get the resources and support to take your business plan forward? Besides an epic idea that solves customer pain points, a solid investor p...
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