Business plan is a necessary preparation for entrepreneurs before contacting venture capitalists. The content should be accurate, objective and comprehensive, and avoid simplification and excessive pursuit of packaging.
The business plan is also a guide for start-ups themselves.
The financial forecasting model is a start-up enterprise that clearly explains the composition of six elements in three financial statements from the most basic source, and all the figures are connected through a specific logical relationship, thus forming a model.
Venture capitalists attach great importance to financial forecasting models. Without a rigorous and scientific forecasting model, it is difficult to impress powerful venture capitalists.
In order to explain the problem more intuitively, try to give a working case: the non-oil business development project of China Petrochemical Gas Station.
This project has monopoly advantage, resource advantage and good capital concept. In venture capital planning, it has also gone through the stages of market research, project analysis and project development mode selection. However, the company made directional mistakes in strategic decision-making, which led to difficulties in project implementation.
From the case, we can clearly see the importance of venture capital planning.
In a word, venture capital planning is a preliminary idea of developing business activities and a guide to guide the direction of business activities.