Do PowerPoint presentations make good Business Plans?
What kind of PowerPoint business plan would you suggest? Where Would one find successful models of such plans and execution for presenting to potential investors?
You can take great ideas http://www.pptstar.com/. At this site a lot of templates, charts and diagrams for PowerPoint . For a business plan to us a lot of useful ideas.
Power point presentations can be good to show highlights or visual aids to prove a point. After all sometimes the right picture can be more than a thousand-words-worth or information. However, a traditional business plan is more detailed, with projections for 5 to 10 years, contingencies, budget costs, etc.
A Power point presentation can be one of your options in presenting a "business plan". Certainly there are other ways to do so: a one minute commercial perhaps.
If you have explored what the power point can truly do then perhaps it might be the only tool you need to make a superb presentation. Get as much new ideas as you can, something new, something unforgettable.
The tool is just an extension of what you can imagine and implement. You can use words, pictures, voice from a famous businessman, great quotations, examples of successful businesses. You can even use experiments to make a point through.
What's more important is the content of your presentation.
If your presentation is based on budget, http://www.startupbusinessloans.com/research/limited-budget-marketing-methods-for-business-owners-on-a-budget/ then you can link a resource and prove your point.
If it is a new facebook then you can compare it with facebook and do your pitch. Mobile app creation? You can show what makes yours tick and outstanding.
Check out the "The Business Model Generator" and "The Art of The Startup" and what the YouTube videos associated with these books.
The main purpose for a business plan is prove your serious, that you know your stuff inside and out, and to eliminated as many assumptions as humanly possible because ambiguity kills start ups.
Just say no to the traditional outdated business plan and yes to a business model.
I do 20/30 page Power Point Business Plans for small companies & start-ups where I have a fixed Power Point format & I discuss the clients business & I then create a Version 1 within about 2 hours discussion and then the client creates Version 2 and we continue until the Plan is suitably prepared. This is an adequate plan for getting finance. I find small organisations don't like large Business Plans.
As additional slides, in my pitch, i am using Business Canvas Model (from Osterwalder), or even the Lean Canvas (from Eric Ries). I agree that Power Point is not the best way, but.. most of investors, customers, and so on use them. I found both method very easy to represent (in powerpoint and not only).
The first one is my preferred one, and yet mentioned in the discussion :)
Business Plans should be more in depth than what Power Point may provide. MS Word has a template, but a great product is Business Plan Pro (if you are just starting they lead you through all the components of a business plan - even have videos to assist with content. I am sure there are other offerings, I just use Business Plan Pro so know more about that product.). Business plans should be thorough enough for your industry and include things such as competition analysis, market analysis, target audience analysis, service offerings, pricing strategy, marketing plan, etc. And then hopefully even items such as financial plans and forecasting.
PowerPoint would be great if you are making a presentation about your business, but any presentation should be tailored to the audience. Your presentation would most likely look different if you are presenting to stakeholders vs. investors vs. leasing agents. There should be one master plan and then you can pull appropriate information from that for presentations.
Hope this helps!
Not really. PowerPoint is just a software for presentations.
There exist several sites in Internet to find guides for Business Plans. With powerpoint or other software you can make a summary of the business plan to prsent, but it is not the business plan.
PowerPoint is nice format for presenting the business plan. It forces you to condense and simplify enough for people to understand and maybe even remember.
But the reason for having a business plan is the actual process to create it. The modelling, scenarios and what if's that prepare you for proactively management of your business.
No! It is over used, and boring. What is count to have a short & awesome message..
PowerPoint can only help summarize the key assumption, highlight key expected results and required action plans/commitment dates in the plan but that's about it. PowerPoint cannot be used to model a business plan.
I tend to use a lot of graphics, charts and past-links from an Excel or other modeling tool to get the data into the PowerPoint.