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?
The question seems to miss the real point of a business plan. first and foremost it is for the business owner as a roadmap for the future. As such it needs to be in a form that is best suited to the individual and that is easy to update as things change and more information becomes available. The more complex the method of documentation the less likely the plan is to change as the environment changes. You will be inclined to fit the environment to the plan rather than vice versa.
The secondary reason for documenting the plan is usually for the benefit of investors be they business angels, banks or whoever. These people will want detail that will enable them to make an informed decision and powerpoint is not the ideal medium for large amounts of detail.
Powerpoint should not be the only tool. When you present the plan you can use summary slides in a powerpoint, however, a true business plan should be through and in depth. It should cover all the pertinent issues and be very specific and detailed. You can't short change he business plan by doing it in powerpoint, it should be simply for your presenting it to investors.
You can begin by asking why am I creating a business plan, who is it for, what do I want to achieve by creating this business plan? These will help to focus your mind and build a sound plan.
I would say that a business plan needs to be a document rather than a presentation. You can distill out a pitch from the plan, which could be presented as a powerpoint slide deck, but the plan itself should be a document.
You can communicate your plan in a document or slide format -they are just tools. What is most important is to make sure you know who your audience is - investor, person you are recruiting etc and have clarity on what your business is then worry about format. Some investment groups or incubators have a specific set of requirements or template for you to complete. http://www.businessmodelgeneration.com/canvas can be a good place to start as well and check in as your idea grows.