|Planigent Tip: Financial Projections
Set your business plan apart with detailed conservative financial projections. Nothing screams "Amateur!" more loudly to an investor than an entrepreneur with wildly optimistic financial projections who claims that they are "very conservative."
Equally important however, in the era of post-Internet start-up euphoria, is to demonstrate a clear "Path to Profitability." Show how and when your company will be profitable AND when it will achieve cash flow breakeven.
Did you know that Angel Investors currently invest more than $50 Billion annually and are involved in 30 to 40 times more deals each year than traditional Venture Capital firms?