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Executive Summary
When submitting a project for the initial
review, we need the company’s current balance sheet (no older than 30 days) and
a one-page summary that provides some basic information. The summary can be
written in “bullet form” without complete sentences. Be very clear and concise
when stating details and leave out speculative information and sales hype. Give
us the facts of whom we are dealing with, and what you are trying to accomplish.
1. Name of the business,
owners, and location.
2. What is the funding request?
What will it be used for? Provide detail.
3. What product, or service
is being sold?
4. How much cash is invested in the
project by the current owners? How much cash is still available?
5. What is the owners’ equity portion? How
much cash are the principals investing compared to the total amount of the
project?
6. What is the collateral?
7. Who are the creditors? How
much debt does the company have and to who?
8. What do the past financial
statements
indicate?
9. What do the cash flow
projections
state? What are these projections based on?
10. Does the management team have a track record
in the industry? What is it? What were their successes? What were their
failures?
11. What is the current credit
condition of the owners, and the business?
12. Are there any customer contracts? With
whom? For how long? Percentage of sales volume?
13. Is there a current 3rd party property
appraisal? Is there a current 3rd party business valuation?
14. How long has the deal been
shopped around? To
Whom else?
15. What are the your
expectations of finance terms, or exit strategy?
Upon favorable review of the
summary, we will request the complete funding package. Submitted business
plans must be laser printed, tabbed, and bound. Faxes, copies, and e-mails are
not acceptable.
The Plan must look professional and provide depth of
detail. Daydreams, marketing hype, and blue sky, don’t get funded.
We need real data that can be compared to both
industry standards and competition, along with being analyzed to the “nth
degree.”
When the funding package is complete and acceptable it
will move to the Underwriter.
The Client will sign Agreements with The Project
Corporation concerning Non Disclosure/Non Circumvention, Truthful
Information, along with Consultation and Success Fees.
www.TheProjectCorp.com
www.StartingAndExpandingABusiness.com
www.BusinessFundingSecrets.com
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