Burke Franklin

How I learned to write a business plan.
Why mine are different and better.
And now it’s software!

Have you heard that investors don’t read business plans? Not true. Before they’re going to click OK on a wire transfer of $50,000 to $50,000,000, they’ll have a lot of questions. Wouldn’t you?!? Your business plan is your proxy in front of many supporting characters—with specialties, expertise, biases, perspectives, contacts, money… It’s like a movie…

Do I Need a Business Plan to Raise Money?

In my experience raising capital, investors can’t seem to get enough information. Think about it. Before they’ll write a check, investors ask all kinds of questions and you need to have answers. Why do you think only 3-5% of startups get funded?!? You might as well do the homework ahead of time, do some of…

How a venture capitalist approaches an investment in your start-up

Investing in seed rounds is different than other stages of start-up investment. Unlike Series A, B, C, etc… there is little to no history of customers, milestones, numbers, references, etc. to evidence to support an intelligent investment decision. Read this article to learn more about how a venture capitalist approaches an investment in your start-up.…

Video – Writing your business plan – Revenue Model

What to think about as you edit the “Revenue Model” section of your business plan and what investors and lenders (crowdfund, angel, venture capital, SBA) look for as they consider funding your start up or growing company.