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Business plan reviewers

noelius
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  • Submitted by: noelius
  • Created: Mar 22, 2008, 1:24 pm
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The Idea

My idea is to develop a website where you can add your whole business plan and be helped by people from all over the world to improve it. In order to get access to other plans, you will have to provide one.

Maybe it can be done like a wiki, where everybody can edit it, or just like in CH, publishing it and everybody writing comments.

I thought of this idea when I was...

I'm developing my own business plan and it's really hard! Also I was posting on CH and I said "maybe nobody would comment if instead of ideas in CH we were publishing whole business plans"


Comments Posted

MichaelM
MichaelM Posted: March 26, 2008, 3:34 pm

Describe how the plans intellectual property is protected.

vanhees
vanhees Posted: March 27, 2008, 9:30 am

There are compagnies out there who do this, but I would never have a good business idea on the web (don't want to alarm the competition).

tidewater
tidewater Posted: March 27, 2008, 9:48 am

Most business plans contain some very sensitive information like demographics research, competition etc. Could you set the site up so that some information can be secured for specific eyes only?

noelius
noelius Posted: March 27, 2008, 12:46 pm

Well, I've been told hundreds of time, until I've done it, that the more you share your ideasm, the better dfined they will be.

Now I'm trying to create a real business, and after implementing some of the ideas people told me after explaining my idea has become more and more powerful, reliable and profitable, and after all it was free to share my information.

I think almost everyhting is invented in some way, and you are only changing things (is not the smae if you have some patents, of course), so I think if you share some information - of ocurse only registered users with verified profiles which agreed not to say anything bout the business wuld be able to acces it - you can improve your business.

ProjectZygon
ProjectZygon Posted: March 28, 2008, 5:13 pm

Sites like Ideacafe.com sort of do this but not really... but a collection of professionals and a forum to discuss. You kind of get what you pay for though.

Wiz4rd
Wiz4rd Posted: March 29, 2008, 11:45 am

This idea could be merged with the 'writers of thesis' Editing and publishing services as another income for the writers

noelius
noelius Posted: March 29, 2008, 5:17 pm

Well, I don't think it's the same to ask somebody to review your businessplan than to write it.

noelius
noelius Posted: March 29, 2008, 5:18 pm

... however thanks for the suggestion.

Wiz4rd
Wiz4rd Posted: March 29, 2008, 10:53 pm

well are you looking for academic support/feasibility? E.g. Can you get a loan with this? OR Is the information compiled accurate, are the premises contained within feasible etc.

writing a plan is easier with tools like business plan pro and similar ones

how are you differentiating this from others?

will you demand any specific structure to these plans?

who pays?

the IP is a great issue here.

noelius
noelius Posted: March 30, 2008, 3:21 am

My objetcive is to help people to make good business plans and then apply for funding.

How I'm different from others? I don't know others.

The bplans will be done like inside a form so it will be really easy to use it.

About payments: if not free, user would have to pay.

the IP? what are you refering to?

noelius
noelius Posted: March 30, 2008, 3:23 am

ah, ok, intelectual property!

All the potential readers have to sign a confidential disclosure, and all their actions on the site will be monitored, in order to find if someone is not really reading the plans, only copying ideas.

Another option is to allow people only to help in a project or two at a time, so each project would have help but with a good business plan professional, not just a few comments.

PhilipH
PhilipH Posted: March 31, 2008, 10:01 am

A confidentiality disclosure isn't worth anything unless you can back it up. A small startup like this is unlikely to be able to muster the legal power to take on any big companies who like what they see.

I can see why you've suggested monitoring site activity but - given that any hostile activity is going to take place off-site - I think you'll only catch more innocent people than spies.

noelius
noelius Posted: March 31, 2008, 10:08 am

Answer to philipH /thanks for your input!:

Well, I'm really working on something similar or related, so I enjoy all the feedback you are giving. I have hundreds of ideas, so I can't understand how some people need to find others' ideas to launch them instead of thinking and asking for help. So, I understand that maybe people is going to read business plan without supporting anything. That's why I proposed a monitoring activity.

About the confidential disclosure can be really legal if I ask your Nation Identification and you to sign a contract with us before accesing to any data. However, think that's not necesarry, but it could be.

noelius
noelius Posted: March 31, 2008, 10:09 am

So, what do you think I should do to get business plans? Confidential disclosure? Registration has to be approved?

kairaspo
kairaspo Posted: March 31, 2008, 8:13 pm

I wouldnt want that posted on the web for everyone to see??? I would have confidential disclosure with paid advisors

MichaelM
MichaelM Posted: April 1, 2008, 12:23 am

And, I would trust you because...

How would you build the marketing so that i would let you in on my idea?

I know that a NDA will be signed (how does on do this electronically) but I have to trust you before I ever get there.

noelius
noelius Posted: April 1, 2008, 3:10 am

kairaspo: Paid advisors, maybe that's the way. Only with paid advisors.
Of course is an important information, but when you go to a business incubator, you are facing the same problems

noelius
noelius Posted: April 1, 2008, 3:22 am

MichaelM: I think the way to make people trust my business is to show real examples of business already helped and have a really serious web-design and constant support to new users.

techguy
techguy Posted: April 1, 2008, 11:14 pm

There's this website called Cambrian House(http://www.cambrianhouse.com) that does a pretty good job of this. Post your business plan and you'll get all sorts of feedback. I've essentially done this, but privately instead of to the entire community.

I think that http://www.fundinguniverse.com/ tried to do something like this too. Although they definitely take it the next step to introducing the plan to angels and VCs.

noelius
noelius Posted: April 2, 2008, 4:08 am

Yes, the idea is some kind of CH but for business plans, and me I'm also doing the same in private.

noelius
noelius Posted: April 2, 2008, 4:08 am

About fundinguniverse, I will have to review it with more detail, thanks.

 

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