What Do Investors Look For In A Startup Business Plan?

Detalhes bibliográficos
Autor(a) principal: Geraldo, João Vasco
Data de Publicação: 2019
Outros Autores: Gama, Paulo Miguel
Tipo de documento: Artigo
Idioma: por
eng
Título da fonte: Revista de Empreendedorismo e Gestão de Pequenas Empresas - REGEPE
Texto Completo: https://www.regepe.org.br/regepe/article/view/1365
Resumo: Objective: To synthesize the information that private investors favor in the business plan of a startup. Discuss the preferences that different types of investors have regarding the elements that should compose a business plan and compare their approaches to that plan.Methodology/Approach: Based on an extensive online search of terms such as business plan, startup, venture capital, entrepreneurship, business angels, we identify and analyze the relevant scientific papers published on the subject, with emphasis on two types of investors, business angels and venture capital companies.Main results: In general, both types of investors seek similar information and follow similar decision processes. However, the literature suggests that business angels have a less-structured investment decision process and attach greater importance to information about the entrepreneurial team, while venture capital companies stand out in the relevance given to the market in which the business operates.Theoretical/methodological contributions: A comparative overview of the positive and negative aspects of business angels and venture capital companies in startup business plans.Relevance/Originality: The business plan is the essential element of planning and communication of the business idea, so matching the informational expectations of potential investors is a contribution to the success in obtaining financing, which is particularly relevant in the case of young businesses with a reduced (or non-existent) track record in the market.
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spelling What Do Investors Look For In A Startup Business Plan?¿Qué Buscan Los Inversores En Un Plan de Negocio de Una Empresa Emergente?O que os Investidores procuram no Plano de Negócios de uma startup?Business PlanStartupBusiness AngelsVenture CapitalEntrepreneurshipPlan de NegocioEmpresa EmergenteBusiness Angels (Inversores Providenciales)Capital de RiesgoEspíritu EmprendedorPlano de NegóciosStartupBusiness AngelsCapital de RiscoEmpreendedorismoObjective: To synthesize the information that private investors favor in the business plan of a startup. Discuss the preferences that different types of investors have regarding the elements that should compose a business plan and compare their approaches to that plan.Methodology/Approach: Based on an extensive online search of terms such as business plan, startup, venture capital, entrepreneurship, business angels, we identify and analyze the relevant scientific papers published on the subject, with emphasis on two types of investors, business angels and venture capital companies.Main results: In general, both types of investors seek similar information and follow similar decision processes. However, the literature suggests that business angels have a less-structured investment decision process and attach greater importance to information about the entrepreneurial team, while venture capital companies stand out in the relevance given to the market in which the business operates.Theoretical/methodological contributions: A comparative overview of the positive and negative aspects of business angels and venture capital companies in startup business plans.Relevance/Originality: The business plan is the essential element of planning and communication of the business idea, so matching the informational expectations of potential investors is a contribution to the success in obtaining financing, which is particularly relevant in the case of young businesses with a reduced (or non-existent) track record in the market.Objetivo: sintetizar la información a la que dan prioridad los inversores privados en el plan de negocio de una empresa emergente. Discutir las preferencias que tienen los diferentes tipos de inversores con respecto a los elementos que deben componer un plan de negocio y se compararon su forma de abordar este documento.Metodología/enfoque: sobre la base de una extensa búsqueda en línea de términos como business plan (plan de negocio), startup (empresa emergente), venture capital (capital de riesgo), entrepreneurship (espíritu emprendedor) y business angels (inversores providenciales), se identificaron y analizaron los trabajos científicos relevantes publicados sobre este tema, destacando dos tipos de inversores, los inversores providenciales y las sociedades de capital riesgo.Resultados principales: en general, ambos tipos de inversores buscan información similar y siguen procesos de decisión similares. No obstante, la literatura sugiere que los inversores providenciales siguen un proceso de decisión sobre la inversión menos estructurado y conceden mayor importancia a la información sobre el equipo emprendedor, mientras que las empresas de capital de riesgo destacan por la importancia que dan al mercado en el que opera la empresa.Aportaciones teóricas/metodológicas: síntesis comparativa de los aspectos positivos y negativos que señalan los inversores providenciales y las compañías de capital de riesgo en los planes de negocio de las empresas emergentes.Pertinencia/originalidad: el plan de negocio es el elemento esencial de la planificación y la comunicación de la idea de negocio, por lo que cumplir con las expectativas informativas de los posibles inversores es contribuir al éxito a la hora de obtener financiación, lo cual es especialmente importante en el caso de las empresas jóvenes con un historial de mercado reducido (o inexistente).Objetivo: Sintetizar a informação que os investidores privados privilegiam no plano de negócios de uma startup. Discutir as preferências que diferentes tipos de investidores têm quanto aos elementos que devem compor um plano de negócios e compararam-se as suas abordagens a esse documento.Metodologia/abordagem: Com base em uma extensiva pesquisa online de termos, como business plan, startup, venture capital, entrepreneurship, business angels, identificaram-se e foram analisados os trabalhos científicos relevantes publicados sobre o tema, com destaque para dois tipos de investidores: business angels e sociedades de capital de risco.Principais resultados: Na generalidade, os dois tipos de investidores procuram informações semelhantes e seguem processos de decisão próximos. No entanto, a literatura sugere que os business angels têm um processo de decisão de investimento menos estruturado e atribuem maior importância à informação sobre a equipe empreendedora, enquanto que as sociedades de capital de risco destacam-se na relevância dada ao mercado em que o negócio se insere.Contribuições teóricas/metodológicas: Síntese comparativa dos aspetos positivos e negativos relevados por business angels e sociedades de capital de risco nos planos de negócio de startup.Relevância/Originalidade: O plano de negócios é o elemento essencial de planificação e comunicação da ideia de negócio, pois corresponde às expectativas informativas dos potenciais investidores, sendo um contributo para o sucesso na obtenção de financiamento, particularmente relevante no caso dos negócios jovens com reduzido (ou inexistente) histórico no mercado.ANEGEPE - Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas2019-09-02info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfhttps://www.regepe.org.br/regepe/article/view/136510.14211/regepe.v8i3.1365REGEPE Entrepreneurship and Small Business Journal; Vol. 8 No. 3 (2019): Sept./Dec.; 231-255REGEPE Entrepreneurship and Small Business Journal; Vol. 8 Núm. 3 (2019): sept./dic.; 231-255REGEPE Entrepreneurship and Small Business Journal; v. 8 n. 3 (2019): set./dez.; 231-2552965-1506reponame:Revista de Empreendedorismo e Gestão de Pequenas Empresas - REGEPEinstname:Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas (ANEGEPE)instacron:ANEGEPEporenghttps://www.regepe.org.br/regepe/article/view/1365/pdfhttps://www.regepe.org.br/regepe/article/view/1365/pdf_1Copyright (c) 2019 Iberoamerican Journal of Entrepreneurship and Small Businessinfo:eu-repo/semantics/openAccessGeraldo, João VascoGama, Paulo Miguel2024-05-23T19:58:57Zoai:ojs.regepe.org.br:article/1365Revistahttps://www.regepe.org.br/regepe/indexPRIhttps://www.regepe.org.br/regepe/oaieditorialregep@gmail.com2316-20582316-2058opendoar:2024-05-23T19:58:57Revista de Empreendedorismo e Gestão de Pequenas Empresas - REGEPE - Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas (ANEGEPE)false
dc.title.none.fl_str_mv What Do Investors Look For In A Startup Business Plan?
¿Qué Buscan Los Inversores En Un Plan de Negocio de Una Empresa Emergente?
O que os Investidores procuram no Plano de Negócios de uma startup?
title What Do Investors Look For In A Startup Business Plan?
spellingShingle What Do Investors Look For In A Startup Business Plan?
Geraldo, João Vasco
Business Plan
Startup
Business Angels
Venture Capital
Entrepreneurship
Plan de Negocio
Empresa Emergente
Business Angels (Inversores Providenciales)
Capital de Riesgo
Espíritu Emprendedor
Plano de Negócios
Startup
Business Angels
Capital de Risco
Empreendedorismo
title_short What Do Investors Look For In A Startup Business Plan?
title_full What Do Investors Look For In A Startup Business Plan?
title_fullStr What Do Investors Look For In A Startup Business Plan?
title_full_unstemmed What Do Investors Look For In A Startup Business Plan?
title_sort What Do Investors Look For In A Startup Business Plan?
author Geraldo, João Vasco
author_facet Geraldo, João Vasco
Gama, Paulo Miguel
author_role author
author2 Gama, Paulo Miguel
author2_role author
dc.contributor.author.fl_str_mv Geraldo, João Vasco
Gama, Paulo Miguel
dc.subject.por.fl_str_mv Business Plan
Startup
Business Angels
Venture Capital
Entrepreneurship
Plan de Negocio
Empresa Emergente
Business Angels (Inversores Providenciales)
Capital de Riesgo
Espíritu Emprendedor
Plano de Negócios
Startup
Business Angels
Capital de Risco
Empreendedorismo
topic Business Plan
Startup
Business Angels
Venture Capital
Entrepreneurship
Plan de Negocio
Empresa Emergente
Business Angels (Inversores Providenciales)
Capital de Riesgo
Espíritu Emprendedor
Plano de Negócios
Startup
Business Angels
Capital de Risco
Empreendedorismo
description Objective: To synthesize the information that private investors favor in the business plan of a startup. Discuss the preferences that different types of investors have regarding the elements that should compose a business plan and compare their approaches to that plan.Methodology/Approach: Based on an extensive online search of terms such as business plan, startup, venture capital, entrepreneurship, business angels, we identify and analyze the relevant scientific papers published on the subject, with emphasis on two types of investors, business angels and venture capital companies.Main results: In general, both types of investors seek similar information and follow similar decision processes. However, the literature suggests that business angels have a less-structured investment decision process and attach greater importance to information about the entrepreneurial team, while venture capital companies stand out in the relevance given to the market in which the business operates.Theoretical/methodological contributions: A comparative overview of the positive and negative aspects of business angels and venture capital companies in startup business plans.Relevance/Originality: The business plan is the essential element of planning and communication of the business idea, so matching the informational expectations of potential investors is a contribution to the success in obtaining financing, which is particularly relevant in the case of young businesses with a reduced (or non-existent) track record in the market.
publishDate 2019
dc.date.none.fl_str_mv 2019-09-02
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://www.regepe.org.br/regepe/article/view/1365
10.14211/regepe.v8i3.1365
url https://www.regepe.org.br/regepe/article/view/1365
identifier_str_mv 10.14211/regepe.v8i3.1365
dc.language.iso.fl_str_mv por
eng
language por
eng
dc.relation.none.fl_str_mv https://www.regepe.org.br/regepe/article/view/1365/pdf
https://www.regepe.org.br/regepe/article/view/1365/pdf_1
dc.rights.driver.fl_str_mv Copyright (c) 2019 Iberoamerican Journal of Entrepreneurship and Small Business
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2019 Iberoamerican Journal of Entrepreneurship and Small Business
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv ANEGEPE - Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas
publisher.none.fl_str_mv ANEGEPE - Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas
dc.source.none.fl_str_mv REGEPE Entrepreneurship and Small Business Journal; Vol. 8 No. 3 (2019): Sept./Dec.; 231-255
REGEPE Entrepreneurship and Small Business Journal; Vol. 8 Núm. 3 (2019): sept./dic.; 231-255
REGEPE Entrepreneurship and Small Business Journal; v. 8 n. 3 (2019): set./dez.; 231-255
2965-1506
reponame:Revista de Empreendedorismo e Gestão de Pequenas Empresas - REGEPE
instname:Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas (ANEGEPE)
instacron:ANEGEPE
instname_str Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas (ANEGEPE)
instacron_str ANEGEPE
institution ANEGEPE
reponame_str Revista de Empreendedorismo e Gestão de Pequenas Empresas - REGEPE
collection Revista de Empreendedorismo e Gestão de Pequenas Empresas - REGEPE
repository.name.fl_str_mv Revista de Empreendedorismo e Gestão de Pequenas Empresas - REGEPE - Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas (ANEGEPE)
repository.mail.fl_str_mv editorialregep@gmail.com
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