In the dynamic world of tech start-ups, securing substantial investment is crucial for developing innovative products, expanding operations, and staying competitive. Investors play a vital role in transforming ground breaking ideas into tangible solutions. To attract significant investment, a well-prepared business plan is essential.
Hazlewoods Business Solutions Team is expertly placed to provide you with the support needed to navigate your journey to investment. We can help enhance your business plan by streamlining your figures, so your business is represented in the best possible way.
It’s all about the numbers
Numbers tell the story of your start-up’s potential. Our experts can help prepare detailed financial forecasts and cost analyses to provide the exact information investors are going to be looking for.
We can help you achieve this though our unique offering by preparing detailed forecasts using tailored Excel reports or through a combination of our recommended outsourced systems tailored to your individual business needs, such as Fathom – leading reporting and forecasting software.
Areas of your business plan that we can help support with are:
Revenue Projections: Presenting realistic revenue projections based on thorough market research and current traction.
Funding Requirements: Specifying the funding needed and its allocation for product development, marketing, and employment costs. Ensuring your funding plan is comprehensive, considering both immediate needs and long-term sustainability.
Return on Investment (ROI): Highlighting the potential ROI for investors and the expected timeline for profitability.
Armed with the financial grounding and support of our knowledgeable team, you will be well- equipped to build a compelling case for your investors.
Other aspects of your business plan must be clear on the following three aspects:
Your Offering: Selling the Vision and Mission
• Clearly define your start-up’s vision (your organisation’s desired future state and long-term aspirations) and mission (your organisation’s core purpose).
• Highlight the importance of investor funding for scaling and product development.
• Share the founders’ background and inspiration.
Your Product: Describing unique features and benefits
• Outline product development stages from concept to prototype.
• Showcase a working prototype and integrate user feedback.
Your Market: Conduct market research to identify needs and competitors
• Define target clients and marketing strategies to satisfy target needs and fill a gap in the market.
• Differentiate your start-up from competitors.
Hazlewoods brings a wealth of knowledge and experience in Corporate Finance, Financial Planning, and day to day operations through our Business Solutions Team. Using industry- leading tools such as Fathom, we build comprehensive views of your business finances and performance and offer a unique combination of advice tailored to your individual business needs.
Written by Iwona Noble – Senior Manager in the Business Solutions Team
Ready to scale up your business? Get in touch with us to discover how our expert accountancy services can support your journey to securing investment and achieving your start-up’s goals.
