All posts by Steven Conville

Video: Chris Rock in Toronto for Laughter is the Best Medicine Comedy Gala!

Check out Chris Rock in Toronto this weekend to participate in the Laughter is the Best Medicine comedy gala to benefit the Toronto East General Hospital Foundation!

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5 Things Investors Look for in a Business Plan

Before you go looking for investors and funding, you need to make sure your startup’s business plan is rock solid. Here are some tips to help you develop an outstanding business plan for your early-stage business.

Your business plan is going to be the first thing that potential investors look at when you solicit them for money or if they are looking for another business to add to their portfolio. Therefore, your business plan is going to be one of your biggest keys to success as a startup. There are going to be a few key things that investors look for in a business plan and you must address them in order to have a winning plan; the following are five things that you definitely need to include on your business plan in order to make it a winning one.

Market Opportunity

How large is your market? Is it growing? Is your market filled with repeat customers? Are there emerging opportunities within that market? Is that market under threat from anything? By addressing these questions in your business plan, you will not only give yourself and investors an idea of what you are looking at for future sustainability and growth, things that will be key in your business’s success.

Size Up Your Competition

Instead of ignoring your competition in your business plan, address them. Include the things that your competitors have to their advantage in your business plan, and state how you are different or how you have an edge over these already-established businesses. This will show your investors that you have a realistic head on your shoulders and are able to look at the big picture; both good signs of success for a business.

Include Projections

At the end of the day, people are investing in your business in order to make money. Having three year minimum projections will show your investors how much your business stands to make versus how much it stands to lose, and will put your investors’ minds at ease about the risk that they are taking in investing in you. These projections will look especially tantalizing if you include market analytics that are well founded and come from good sources.

Cash Flow Statements

Even if you are just starting your business, if you are already gaining cash flow, you should state it on the business plan that you are offering to investors, and tie them into your projections of cash flow. Any sort of positive cash flow is going to be attractive to your investors and will draw them in more than almost anything else on your business plan since these statements have already happened and are not based on abstract statistics of years past or years to come.

Give An Executive Summary Of Your Business

Even though this should go at the forefront of your business plan, it was left for last on this list to make sure that all of the other elements of a good business plan went into your executive summary. These are synonymous with abstracts in a scientific study; they are to give your investors an idea of who you are and what you aim to do, with results included. This should be short, sweet, and to the point, but should be polished and include enough detail to tantalize them enough to read further.

Inc

Steve Harvey Introduces “Act Like a Success, Think Like a Success”

In his phenomenal #1 New York Times bestseller Act Like a Lady, Think Like a Man, Steve Harvey told women what it takes to succeed in love. Now, he tells everyone how to succeed in life, giving you the keys to fulfill your purpose.

Countless books on success tell you what you need to get that you don’t already possess. In Act Like a Success, Think Like a Success, Steve Harvey tells you how to achieve your dreams using the gift you already have. Every one of us was born with a gift endowed by our creator—something you do the best at with very little effort. While it can be like someone else’s, your gift is yours alone. No one can take it away. You are the only one who can use it—or waste it.
Steve shows how that gift holds your greatest chance at success, and the fulfillment of your life’s mission and purpose. He helps you learn to define your gift—whether it’s being a problem solver, a people-connector, a whiz with numbers, or having an eye for colors. He makes clear that your job is not your gift; you may use it in your work, but it can also be used in your marriage or relationship, your community, and throughout every aspect of your life. Throughout, he provides a set of principles that will help you direct your gift. “The scriptures say your gift will make room for you and put you in the presence of great men,” Steve reminds us. This book is your roadmap to identifying your gift, acknowledging it, perfecting it, connecting it to a vehicle, and riding it to success. Because Success is the gift you already have.”
Funny yet firm, told in Steve’s warm and insightful voice, and peppered with anecdotes from his own life, practical advice, and truthful insights, this essential guide can help you transform your life and achieve everything you were born to.
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NBA Hall of Famer Alex English Joins Twitter

NBA hall of famer, Alex English has joined the Twitter world! Follow him on hjs official Twitter account @AlexEnglishNBA