How can one draw up a convincing Business Plan capable of attracting Investors?

[Olabest]

As budding entrepreneurs, one of the challenges we face, after conceiving a good business idea, is how to come up with a convincing business plan capable of attracting potential investors or financial institution that may be willing to give out loans. Assuming one cannot engage the service of a professional business planner, what are the vital elements and fundamentals of a business plan?

 

[Josemendez]

The fact is that having a business plan is not all that is need to attract an investor. The question is , can the business idea be able to solve problem in the society ? . This is the main thing that attracts investors.

Investors needs to know that what they are investing in will be profitable , and if a business lacks the potential for a rise within a short period of time , investors are not likely to invest in it.

In addition to having such business , investors wants to see through the business feasibility plan , the strategies to be employed towards making the dream business a success.
Basically these are the two most important things that can easily attract an investor to a business.