business plan

Quick Pitches

What a Quick Pitch is not:

It is not a “sales pitch.” Do not get caught up in using the entire pitch to tell the investor how great your product or service is. The investor is “buying” the business, not the product. Tell him/her how you will run the business.

Six questions your “Quick Pitch” must answer:

1. What is your product or service?

Briefly describe what it is you sell. Do not go into excruciating detail.

Answer :

Our business consist of a service that will help our client choose a specific food orders and a beverage of their Choice and We’re here to help busy people like you to skip the grocery store and whip up delicious meals in 45 minutes. This service helps our customers save time on preparing homemade meals, help those who don’t access the necessary cooking skills and benefit those who work overnight who are just too tired to prepare their meal. Customers also have the choice of our wine selection, whether its white or red, vintage or new; Customers will prefer our innovative selection. Which quick access to our user friendly app, we make it easy to create your order.

2. Who is your market?

Briefly discuss who you are selling the product or service to. What industry is it? How large of a market do they represent?

Answer:

· Our target audience are families, single parent homes, bachelors,

· We are in the restaurant industry

3. What is your revenue model?

More simply, how do you expect to make money?

Answer:

· Increasing customer value

· Exceeding the consumer needs

· Showing customer appreciation

· Marketing

· Brands

· Offering promotions and deals

· Appealing to different target audience

· Expand: More growth = greater investments

· Selling

· Online

· Video preparation

· Price strategy

4. Who is behind the company?

“Bet on the jockey, not on the horse” is a familiar saying among investors. Tell them a little about you and your team’s background and achievement.

Answer:

Our team is invested to show stakeholder and give consumers one of the best experience in the restaurant industry. We are conducting more research to beat the odds of our competition and succeed as a newly found company. We communicate with each other to make decisions, incorporate our areas of expertise and improve ways to advance the company in our day to day operations.

5. Who is your competition?

Don’t have any? Think again. Briefly discuss who they are and what they have accomplished.

Answer:

Competition could include:

· Grub Hub; Online line food service that delivers food from any local restaurant. They have Alcohol delivery, Breakfast, Lunch and Dinner delivery and different types from ice cream, organic food to streak delivery. https://www.grubhub.com/

· Eat 24; Free online ordering system for food. Order through App for desktop and mobile. http://eat24hours.com/

· Delivery.com; lets people order online from their favorite local businesses and the ones they’ve yet to discover. With the best restaurants, wine and spirits shops, grocery stores, and laundry and dry cleaning providers, we’re working hard to have every corner of the neighborhood covered. https://www.delivery.com/

· Gloria’s Food: Free online ordering system for food. Order through desktop or mobile and free Facebook ordering. https://www.gloriafood.com/ .

6. What is your competitive advantage?

Simply being in an industry with successful competitors is not enough. You need to effectively communicate how your company is different and why you have an advantage over the competition.

Answer:

Our competitive advantage consist of:

· Video food preparation

· User Friendly app

· Overnight restaurant service.

What your pitch must contain:

1. A “hook”

Open your pitch by getting the Investor’s attention with a “hook.” A statement or question that piques their interest to want to hear more.

Answer:

Here ae different hooks I came up with:

· “ We all have to eat, its apart of life, why not make it convenient for you!”

· Tired of coming home to cook when you just want to relax? No problem you can call “I Chief” and we will do the cooking for you.

2. A requestAt the end of your pitch, you must ask for something, a business card, schedule a meeting, what?

Answer:

Not sure on this one just tried to sound confident. lol

This Company is seeking 200k to roll out our services and would like to set up a meeting to discuss what you’re going to do when you receive a 40-60% investment on your return.

Marketing Plan Quick Pitch

Feedback

Do you understand what this company does?

Clear target market (customer/geography)?

Do you understand their positioning in the industry?

Do you understand their market opportunity?

Have they started to develop a marketing message?

Have they identified a marketing strategy unique to their company?

Do you get a sense as to why THIS Company will succeed?

Financial Plan

Feedback

Do you understand how the investor’s money will be used (Start-up)?

Do you understand the numbers in terms of growth? Are they reasonable?

Do they have key milestones in terms of expansion and break even?

Do you understand how the company will be valued and how investors will get out?

Do you have a sense of why THIS Company will succeed?