Posts Tagged With B-plan

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04-05-2013

    “FAILING TO PLAN IS PLANNING TO FAIL”   What is a business plan? What is the advantage of making one? A business plan is merely a tool that helps to get an entrepreneur’s onto paper. It is a way that an entrepreneur has to show his knowledge of the market he is entering into, the numbers he thinks he can achieve and what how he imagines the final structure of his company to be. 543,000 new business start each month, according to Fobes.com, a business plan helps to make your plan look better, well at least on paper. At the very least, the process of putting a business plan together (not the type that you would do to get finance from a VC or an angel), but an honest attempt at what you expect to do – will make you think about some of the key aspects such as customers, products, location, demographics, and risk as well as an introspection on how well do you yourself...

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30-09-2012

How to evaluate your business ideas? - Evaluation of business idea is often neglected by college start-up. Pre-evaluation of business idea helps in sharpening it or dumping it before even putting much time and effort on it, which might not have enough growth potential. While some argue that every business idea can be made profitable. I do agree with them but here we are not talking about moms and pops grocery shop or any such kind of business idea. Here we are talking about idea which can be scalable at-least 100 times. Prestigious Stanford bio-design fellowship first focus on generating at least 200-300 business idea per fellows related to bio-medical field during their first 2 months of fellowship and then next one month is about killing the business idea and finally find 2-4 business idea which can be scalable to 100 times. Finally focus on these 1-2 business idea for next 6 months to...

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01-07-2012

Generally people ask that what is the format of b-plan?How to make a b-plan? what is the best b-plan? To answer these questions we are providing a format of B-plan, which tells that how to make a b-plan? Before making a B-Plan Always remember that a VC always looks following two things in a b-plan 1.)Scalability 2.)Exit-plan Introduction Company name : Entrepreneur name : Sector / Industry focus : Contact coordinates • Mobile number : • Landline number : • Email Address : Postal Address : - Introduction – Existing Services • What does your company do? • What services are being offered? • What is the identified need addressed by the service? • Why is the service compelling? -Executive Summary • What is the service being proposed? • Describe the need and significance for the service? • Why is “now” the right time to launch this service? - Executive...

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15-03-2012

In the present scenario B-Plan competition is very hot today. But due to lack of proper mentoring and platform most of the B-Plan Competition fails. i-start is a solution to maintain your b-plan competition online at an international level. The iStart Web site is the leading online community for business plan competitions. iStart began as studentbusiness.com – the big idea of three Harvard University students, who have since graduated and gone on to launch even bigger ideas. In 2009, the Ewing Marion Kauffman Foundation bought the site and renamed it iStart. We added more functionality and the public side to increase transparency. Our goal is for iStart to become the go-to site for entering business plan competitions from around the world, browsing pages of plan abstracts and networking with hundreds of innovative, energized entrepreneurs. The iStart Web site is: The catalyst for new businesses....

 

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