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Thread: How would you make presentation on a new business idea?

  1. #1
    Join Date
    Apr 2021
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    6

    How would you make presentation on a new business idea?

    I am planning to offer startups, entrepreneur purposeful business presentations in saving their time, please share your thoughts as a business owner, if you start for a new business with your proposal presentation, what would do first?

  2. #2
    Join Date
    Apr 2021
    Posts
    117
    Five tips for presenting your business ideas

    1. Know Who Youíre Presenting to
    If you can find out in advance who the individuals youíre pitching to are, it will greatly benefit you when presenting your business idea. Do some research on the industries theyíve worked in and the brands they might be connected to. Even better, if you can speak to them in person in advance you will be able to build some valuable rapport prior to pitching your business idea. In addition, many people find that knowing the type of personalities they are pitching to is useful; for example if you are dealing with a creative personality type, you will be able to tailor your presentation to illustrate your idea in a visual way.

    2. Keep it Simple
    It may sound easy in principle, but keeping your presentation concise and to the point will mean you can hold the attention of the room and create more of an impact with your ideas. If you find yourself moving off on a tangent, stop. Time is usually a precious commodity in the business world so itís best to stay focused, and keep the number of slides, if youíre using them, to a minimum.

    3. Address Weaknesses
    If there are possible weaknesses in your business idea, you should address these openly and show that you have a contingency plan in place. Showing that youíve anticipated all the possible pitfalls will demonstrate that you have planned for every avenue, making you a safer prospect for investment. Similarly, be prepared to answer the toughest question: why? Whether itís about the premises youíve chosen, your business name or logo, or even the product itself, be ready to justify your decisions down to the tiniest details.

    4. Know Your Figures
    If youíve had help with your business plan from an accountant or advisor, make sure that youíre familiar with all the numbers and that youíve learned your key figures off by heart. You should also be prepared enough to answer any questions off the cuff, regardless of how specific. Write these numbers down as a safeguard in case youíre too nervous to remember, but only refer to these as a last resort.

    5. Research Your Competitors
    To avoid a possible bombshell during your pitch, be sure to research your potential competitors beforehand. Nowadays itís considered a rarity to find a completely original idea, so take the time to explore all the possibilities when it comes to businesses with a similar model to yours. If the subject of a similar product or service comes up in the presentation, not only will you be prepared to discuss it, but youíll also be able to turn it to your advantage by explaining why your business idea has the edge, and what will make customers buy your services over theirs.

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