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The Openfund - Business Plan Template

The Openfund - Business Plan Template

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Published by openfund
A full template for submitting your business plan at the Openfund (http://theopenfund.com).
A full template for submitting your business plan at the Openfund (http://theopenfund.com).

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Published by: openfund on Nov 04, 2009
Copyright:Attribution Non-commercial

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11/22/2012

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B
USINESS
P
LAN
T
EMPLATE
 
E
XECUTIVE
S
UMMARY
 
Aim
: To be brief and substantial in order to create a positive feeling forreading the rest of the business plan. It must be able to stand alone as adocument.
Tip
: Write the Executive Summary twice, once when you start and once inthe end of the BP.
Contents
:Readable & easily comprehensible - Write in a language easy for everyone tounderstandShort - Should not exceed a single pageInclusive - Create 3 to 4 small paragraphs, addressing each one of the pointsbelow:i) The concept, its unique vision and market opportunityii) The team and its appropriateness for the tasks aheadiii) The product, innovation and business modeliv) Short-term goals and their implementation
C
ONTENTS
 
 T
HE
C
ONCEPT
 
Aim
: To clearly describe the context and ideas behind the core serviceproposed, also it’s core concept and vision.
Tip
: Everyone should be able to fully understand what you are up to whenfinished reading this section.
Contents
:Don’t bother about the details or technicalities in this section, just present allneeded information to make the big picture crystal clear.Describe something feasible for a small team to deliver in a relatively shortperiod of time.At the same time, try to make your reader excited to read the rest of theplan.i) Start with describing the problem you are trying to address and why itmatters, in detail.ii) Continue with the limited solutions today existing in the market.
 
iii) Then, shape out your innovation and the working solution you bring onthe table, also give some clues on why it is solid from a business perspective.
 T
HE
T
EAM
 
Aim
: To illustrate your ability to complete the mission described before; whyyou are the most suited team to bring this vision into reality.
Tip
: It is more important to showcase your commitment and domainknowledge in the tasks that you are up to, rather than any superiorexcellence.
Contents
:Introduce yourselves and let your reader get to know better all of yourteam’s members.Next to the member’s bio, try to present the team’s story as a whole, too.Coherence and complementarity are strong assets.Also, describe your team’s connection to the idea, and your commitment toget it done.Fully detailed CVs should be attached in the Appendix.i) Tell the whole story of each one of the team members, describe theirbackground, experience and competences.ii) Proceed to tell the team’s story, how and why you set it up like this, orthings you did together in the past.iii) Describe each member’s role in the company, who does what and whyhe/she is the right person to do these tasks. Also, clarify when each one of the members will join full-time.iv) Finally describe the skills you’re missing as a team, and how you plan toaddress such weaknesses.

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