MGT 4113 : Exam02StudyGuide
Document Summary
Ch 8: types of investors most interested in various parts of a business plan. Family and friend investors- amounts and schedules for returns, stability of firm, funds use, your investment. Silent partners/angel investors-growth rate, market, business team, amounts and schedules for returns. Joint venture partners- fit between the firms, competitive advantage, benefits, intellectual property protection r&d. Bankers- cash flow and cash cycle, asset/ collateral base, long term prospects. Governments agencies and institutions- compliance with regulations and laws, monitoring compliance. Potential customers- service/ product quality, benefit, competitive advantage, responsiveness to customers. Key employees- stability of firm, growth long term prospects. Brief and memorable: lengths of business plans for new and established businesses. And more background on how the product or service has done in other markets especially markets similar to yours. Established businesses- benefit of knowing the history and the financial track record: key components of a business plan.
