The difference between your Investment Summary & Executive Summary
By Venture Giant

 
Having a business plan is an absolute requirement when approaching and pitching to angel investors for business capital. Its initial purpose however, is not to provide an angel investor with an overly extensive document at the first meeting, it is to prepare you.

The steps necessary to create a solid business plan will make you more knowledgeable about your business and much better prepared to answer questions that an angel investor will ask. You will also be much better prepared to justify your numbers and back up your projections and assumptions.

Additionally, although they will not want to be burdened with an extensive document at the beginning, they will want to see proof you have taken this step and request to view it prior to making their angel investment.

If you have a business plan than excellent! It's important that you become completely familiar with all aspects of the plan if your funding strategy is to succeed when meeting with a business angel investor.

If you don't have a prepared Business plan than you are not ready to meet with a potential angel investor. Preparing a business plan with all of the required information that an angel investor will look for, helps prepare you to confidently present your business opportunity. You need to go through the process of creating a solid business plan if your funding strategy is to succeed.

Your Executive Summary

Your executive summary is a vital part of the capital raising process and is essentially your elevator pitch condensed into a paragraph. This is best used when communicating by email or an online angel investment matching service as a teaser to attract the initial attention of an angel investor. You must also have an executive summary available to present to an angel investor at your first meeting. They want something that is direct and to the point and highlights all the key points about your business and the opportunity. 

Even if they don't ask, it's a great leave behind.

Venture Giant is a premier UK business Angel investment network and small to mid sized business networking portal that matches active business angel investors with entrepreneurs' seeking investment capital and business funding. 

Written for and behalf of Venture Giant Enterprises Ltd. All rights reserved 2009

  
 Follow Venture Giant on Twitter