Get the free Business Plan and Video Submission Instructions - lowellmilkeninstitute law ucla
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This document provides instructions for submitting a Business Plan and accompanying video for the Lowell Milken Institute-Sandler Prize for New Entrepreneurs, including specific content requirements
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How to fill out business plan and video
How to fill out business plan and video
01
Start with an executive summary that outlines your business idea, mission, and objectives.
02
Conduct market research to understand your target audience and competitors.
03
Define your business model, including revenue streams and pricing strategy.
04
Outline your marketing and sales strategy to attract and retain customers.
05
Create a detailed operational plan covering staffing, resources, and workflow.
06
Develop a financial plan that includes projected income statements, cash flow, and funding requirements.
07
Include an appendix with supporting documents like resumes, graphics, or references.
08
Review and revise your business plan to ensure clarity and coherence.
09
For the video, create a script summarizing the key points of your business plan.
10
Record, edit, and produce the video, incorporating visuals to engage your audience.
Who needs business plan and video?
01
Entrepreneurs seeking funding from investors or banks.
02
Business owners who wish to outline their vision and strategy.
03
Startups looking to establish a clear roadmap for growth.
04
Marketing teams needing a clear directive for campaigns.
05
Anyone planning to pitch their business idea to stakeholders or partners.
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What is business plan and video?
A business plan is a formal written document that outlines the goals, strategies, and financial forecasts of a business. A business video is typically a visual presentation that summarizes the key elements of the business plan, often used to engage stakeholders or investors.
Who is required to file business plan and video?
Entrepreneurs and business owners seeking funding, partnerships, or legal approvals typically need to file a business plan and video. This includes startups, small businesses, and companies looking for investments.
How to fill out business plan and video?
To fill out a business plan, start by outlining the executive summary, describing the business, conducting market analysis, detailing organizational structure, and providing financial projections. For the video, condense these elements into a concise, engaging format that highlights the most critical points.
What is the purpose of business plan and video?
The purpose of a business plan is to provide a roadmap for the business, attract investors, and guide decision-making. The video serves to visually and succinctly convey the business idea, engage an audience, and illustrate key aspects of the plan.
What information must be reported on business plan and video?
The business plan should report on the business description, market analysis, organization and management, marketing strategy, and financial projections. The video should summarize these points visually, highlighting key elements in an engaging manner.
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