It is important to arrange the cover page of a business plan correctly and in accordance with standards. In this case, the likelihood of investor approval of the project increases.
What you need to know when designing a title page
The correct execution of documents allows a person to feel confident in the legal field. Standards for their compilation, mandatory details and other formalities are designed to systematize and facilitate cooperation between the parties. The picky attitude of lawyers to the execution of contracts is not a whim, but a serious attitude to the matter.
Consider an example where two parties enter into an agreement and one of them violates the terms of the agreement after a while. One party sues the other, and in the course of the proceedings it turns out that the cooperation agreement is not drawn up correctly, therefore it is invalid. Such a mistake can seriously affect the outcome of the case, even bankrupt the company.
But accuracy and accuracy of paperwork are needed not only for the court. A person who wants to start his own business may not have his own funds, so he has to go to the bank, to private investors or to government services for a subsidy to start a business. At this point, there is a need to draw up a business plan.
Novice entrepreneurs who are frivolous about a business plan make a blunder. Firstly, when compiling this document, a person visualizes and more carefully approaches the stages of development of his business. This will allow you to take into account points that might have been missed. Secondly, the design of a business plan may affect the decision of the investor. The title page is the face of the document, and it must be done in accordance with all the rules. Potential lenders will not even watch the presentation if everything is done in a nutshell.
The appearance and attributes of the title page are standardized, which allows you not to waste time on the design.
What should be on the title page
The cover page of a business plan is an important page that needs to be designed correctly and aesthetically. As the saying goes, you will not have a second chance to make a first impression. The sheet should not be overloaded with information.
The main thing is that the title page should contain the name of the company or product. Even if the business plan itself turns out to be a failure, a good name can stretch the entire project. The name should cause pleasant emotions that contribute to the interest of buyers and investors.
The title page of the business plan provides investors with brief information about the project. Observing the standards and traditions of design, the startup author increases the chances of attracting investments. Careless drawing up of the title page negatively affects the outcome of the presentation, since the attitude of the novice businessman to the little things will judge how he generally relates to the case. They say the whole world is woven from little things. This is true, because a novice businessman can treat other documents in the same careless manner, which threatens with sad consequences.
Title Attributes
What should include a cover sheet of a business plan:
- The name of the project or company.
- Be sure to specify the legal form of the company.
- Contacts of the authors of the project and responsible persons: name, position, phone number, email address.
- Name of the drafters of the document indicating the phones.
- The addressee of the document is the name of the person to whom the business plan was sent.
- The date of preparation of the document, as well as the date the project began.
- Place of creation and date. For example, Kaliningrad, 2016
This is an exhaustive list of attributes that a cover sheet of a business plan should contain. An example can be seen in the image below.
A competent approach to business will increase the chances of investors approving the project.