Angel Investors 7
Your business plan
Before you approach an angel, your business plan should include:
An executive summary
ß description of the business
ß opportunity and strategy
ß target market
ß projections
ß competitive advantages
The industry’s prospects
ß Statistics for previous years
ß Forecasts and projections
The company and its products and services
ß entry strategies
ß growth strategies
Market research and analysis
ß customers
ß market size
ß market trends
ß competition
ß estimated market share
ß estimated sales
The economics of the business
ß gross margins
ß operating margins
ß break-even analysis