Create a PowerPoint creating a Business Plan Pitch for your business(Niagara Falls) Tell a story, expand on the points you make on your PowerPoint Slides Type of Business to choose NIAGARA FALLS (ATTRACTIONS) Jobs Include travel guide, lifeguard, casino dealer, heritage interpreter, public relations manager, ride equipment operator Location of Business Business locations will be must be in the Province of Ontario Canada If you are trying to raise capital for your business venture, you will probably have to deliver a business pitch to prospective investors For your pitch to be successful, it must be engaging, informative, and highly compelling You will need to convince the prospects of both the viability of your business and your personal business acumen 1 Introduce yourself and your business Start by introducing yourself and the business that you are pitching It is often useful to share some details of your background including your industry experience, previous business ventures, and your role within the company If you have decided to incorporate storytelling into the presentation (often a powerful strategy), begin the story in this part of the presentation Remember, if you are presenting as a group, be sure that all group members are to be introduced You will have the opportunity to share their background and expertise later under point 6 Write a Mission Statement (between two and four sentences and not more than 100 words) to define your company's business, its objectives, and its approach to reach those objectives Write a Vision Statement (between two to three sentences and not more than 35 words) describing the desired future position of your company Write a Statement of your company's purposes (what is your company doing for someone else ), goals (what does your company expect to accomplish over a specific period ), and values (desired culture) 2 Define the problem Identify a problem that you have discovered in the market that your business is situated in This could be An unfulfilled need in the market A problem that will occur in the future as market conditions change A practical problem that could be solved with an invention A very specific problem affecting certain kinds of businesses, and so on Your summary of this problem should be concise and easy to understand You may have to include supporting data which proves the problem exists including statistics, demographics, and external reports 3 Describe your solution Share the solution to the problem that you identified above For example, if the problem was that local businesses struggle to manage their employee rosters the solution might be an innovative new piece of software that makes employee management easy Deliver a short description of your solution that specifically addresses the problem you identified You may find it useful to include some of the business' branding elements as you introduce the solution This will give the impression that you have a complete and robust product or service that is ready for market 4 Explain your business plan case in greater depth In this section of the presentation, you will delve deeper into the details of your business plan case and how your business will flourish in current market conditions This section of the presentation can touch on aspects like Market analysis Showcase facts and figures about the current market conditions which support your business case As in the example mentioned earlier (employee management software), you could provide data that shows many businesses have this problem and there aren't many effective solutions available Customer needs Are customers interested in the solution that you are providing Does it meet all of their needs Share any data you have which shows that your business' solution is what customers are looking for Competitive position How competitive will the business be compared to other businesses already in the market What gives your business a competitive advantage Marketing strategy How do you intend to market your solution to consumers Risks Which risks affect the business and how do you plan to mitigate them Complete a SWOT analysis for your business start up S Strengths INTERNAL (Things you do well ) W Weaknesses INTERNAL (Things you do not do well ) O Opportunities EXTERNAL (Opportunities are drawn from the environment in which you work and live ) T Threats EXTERNAL (Negative external forces that may affect you ) 5 Detail your business model The aim of this section is to explain how your business will operate on a day to day basis Discuss any other relevant aspects of your business model including What it takes to make your products and services Discuss the design of your product, licensing requirements, intellectual property rights, manufacturing agreements, size of labour force, current funding arrangements, and so on If your products or services aren't ready for market, tell the prospects what is required to become fully operational and turn a profit What it takes to sell your products and services How the business will market and distribute its products, or how it will deliver its services How big will the advertising campaign be Is the product sold in stores or offered online or both How the customer pays to obtain your products and services The pricing strategy, payment methods, payment timing, customer financing agreements and so on 6 Share more details of your team Tell the prospective investors about the unique skills, industry knowledge, expertise that your team has If there are any advisors or business mentors associated with the business, go into their backgrounds as well Talk about the current structure of your company and how it might change if the investors were to come on board 7 Showcase the financial performance of the business In this part of the pitch, you will share how much the business is currently making and what you expect to make in the future Be sure to provide data that backs up any earnings forecasts 8 Financial needs At this point, you will share the valuation of your company with the investors and how you reached this figure Explain how much capital has already been put into the business including your labour Share details of the current investors and how much capital they have placed into the business Importantly, you must show the investors how much capital you require and how they will be paid back for their investment Will it be an initial public offering (IPO) or will investors simply receive their investment back (plus profit) at a certain date What will happen if certain targets are not met What business exit strategies will be available for investors How much equity will they have The investors will probably know a lot more about investing than you do as a business owner They will probably begin asking questions at this point, so be prepared with answers 9 Key milestones It's often worth finishing up with a graphic that demonstrates the key milestones for your business This will help the investors understand the timeline associated with your business, including its development, their initial investment, and when they might see a profit Discuss how milestones may be affected if there are delays or unforeseen challenges 10 Conclusion and questions Finally, conclude your presentation and take questions If you decided to use storytelling in your pitch, conclude the story here Be prepared to take additional questions and remember to thank the investors for their time

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 13, 2024

Create a PowerPoint creating a Business Plan Pitch for your business(Niagara Falls) Tell a story, expand on the points you make on your PowerPoint Slides

Create a PowerPoint creating a "Business Plan Pitch" for your business(Niagara Falls)
Tell a story, expand on the points you make on your PowerPoint Slides

Type of Business to choose : NIAGARA FALLS (ATTRACTIONS)

Jobs Include: travel guide, lifeguard, casino dealer, heritage interpreter, public relations manager, ride/equipment operator.

Location of Business:Business locations will be must be in the Province of Ontario Canada.

If you are trying to raise capital for your business venture, you will probably have to deliver a business pitch to prospective investors. For your pitch to be successful, it must be engaging, informative, and highly compelling. You will need to convince the prospects of both the viability of your business and your personal business acumen.

1. Introduce yourself and your business

Start by introducing yourself and the business that you are pitching. It is often useful to share some details of your background including your industry experience, previous business ventures, and your role within the company. If you have decided to incorporate storytelling into the presentation (often a powerful strategy), begin the story in this part of the presentation.Remember, if you are presenting as a group, be sure that all group members are to be introduced.You will have the opportunity to share their background and expertise later under point #6.

Write a Mission Statement (between two and four sentences and not more than 100 words) to define your company's business, its objectives, and its approach to reach those objectives.
Write a Vision Statement (between two to three sentences and not more than 35 words) describing the desired future position of your company.
Write a Statement of your company's purposes (what is your company doing for someone else?), goals (what does your company expect to accomplish over a specific period?), and values (desired culture).

2.Define the problem

Identify a problem that you have discovered in the market that your business is situated in. This could be:

An unfulfilled need in the market
A problem that will occur in the future as market conditions change
A practical problem that could be solved with an invention
A very specific problem affecting certain kinds of businesses, and so on

Your summary of this problem should be concise and easy-to-understand. You may have to include supporting data which proves the problem exists including statistics, demographics, and external reports.

3.Describe your solution

Share the solution to the problem that you identified above. For example, if the problem was that local businesses struggle to manage their employee rosters the solution might be an innovative new piece of software that makes employee management easy.Deliver a short description of your solution that specifically addresses the problem you identified.

You may find it useful to include some of the business' branding elements as you introduce the solution. This will give the impression that you have a complete and robust product or service that is ready for market.

4.Explain your business plan/case in greater depth

In this section of the presentation, you will delve deeper into the details of your business plan/case and how your business will flourish in current market conditions. This section of the presentation can touch on aspects like:

Market analysis
Showcase facts and figures about the current market conditions which support your business case. As in the example mentioned earlier (employee management software), you could provide data that shows many businesses have this problem and there aren't many effective solutions available.
Customer needs
Are customers interested in the solution that you are providing? Does it meet all of their needs?Share any data you have which shows that your business' solution is what customers are looking for.
Competitive position
How competitive will the business be compared to other businesses already in the market? What gives your business a competitive advantage?
Marketing strategy
How do you intend to market your solution to consumers?
Risks
Which risks affect the business and how do you plan to mitigate them?
Complete a SWOT analysis for your business start-up.

S = Strengths [INTERNAL] (Things you do well.)
W = Weaknesses [INTERNAL] (Things you do not do well.)
O = Opportunities [EXTERNAL] (Opportunities are drawn from the environment in which you work and live.)
T = Threats [EXTERNAL] (Negative external forces that may affect you.).

5.Detail your business model

The aim of this section is to explain how your business will operate on a day-to-day basis. Discuss any other relevant aspects of your business model including:

What it takes to make your products and services
Discuss the design of your product, licensing requirements, intellectual property rights, manufacturing agreements, size of labour force, current funding arrangements, and so on. If your products or services aren't ready for market, tell the prospects what is required to become fully operational and turn a profit
What it takes to sell your products and services
How the business will market and distribute its products, or how it will deliver its services. How big will the advertising campaign be? Is the product sold in stores or offered online or both?
How the customer pays to obtain your products and services
The pricing strategy, payment methods, payment timing, customer financing agreements and so on.

6.Share more details of your team

Tell the prospective investors about the unique skills, industry knowledge, expertise that your team has. If there are any advisors or business mentors associated with the business, go into their backgrounds as well. Talk about the current structure of your company and how it might change if the investors were to come on board.

7.Showcase the financial performance of the business

In this part of the pitch, you will share how much the business is currently making and what you expect to make in the future. Be sure to provide data that backs up any earnings forecasts.

8.Financial needs

At this point, you will share the valuation of your company with the investors and how you reached this figure. Explain how much capital has already been put into the business including your labour. Share details of the current investors and how much capital they have placed into the business.

Importantly, you must show the investors how much capital you require and how they will be paid back for their investment. Will it be an initial public offering (IPO) or will investors simply receive their investment back (plus profit) at a certain date?What will happen if certain targets are not met?What business exit strategies will be available for investors?How much equity will they have?

The investors will probably know a lot more about investing than you do as a business owner. They will probably begin asking questions at this point, so be prepared with answers.

9.Key milestones

It's often worth finishing up with a graphic that demonstrates the key milestones for your business. This will help the investors understand the timeline associated with your business, including its development, their initial investment, and when they might see a profit. Discuss how milestones may be affected if there are delays or unforeseen challenges.

10.Conclusion and questions

Finally, conclude your presentation and take questions. If you decided to use storytelling in your pitch, conclude the story here. Be prepared to take additional questions and remember to thank the investors for their time