By On Oct 19, 2018 Business Plan
A plan intended strictly for internal use may also omit some elements that would be important in one aimed at someone outside the firm. You probably do not need to include an appendix with resumes of key executives, for example. Nor would a working plan especially benefit from, say, product photos.
These middle-stage enterprises may draft plans to help them find funding for growth just as the startups do, although the amounts they seek may be larger and the investors more willing. They may feel the need for a written plan to help manage an already rapidly growing business. Or a plan may be seen as a valuable tool to be used to convey the mission and prospects of the business to customers, suppliers or others.
Almost all the information in a presentation plan is going to be the same as your working plan, although it may be styled somewhat differently. For instance, you should use standard business vocabulary, omitting the informal jargon, slang and shorthand thats so useful in the workplace and is appropriate in a working plan. Remember, these readers wont be familiar with your operation. Unlike the working plan, this plan is not being used as a reminder but as an introduction.
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