Can we only use business plans to finance projects?

There is no absolute correlation between whether there is a business plan and whether it can be financed. However, having a business plan, especially a detailed and professional business plan, increases the probability of successful financing. Without a business plan, the probability of successful financing is much smaller. The earlier the project, the smaller the role of the business plan, and the later the project, the greater the role of the business plan. Financing and investment are two different concepts. Financing means that enterprises need capital turnover, expand operations, or repay debts. And they need to raise funds from other investors and pay interest. If you invest, there may be good projects, as long as you have a plan.

The so-called financing is not a financing scheme, which requires a lot of materials and complicated processes. Basically, the following materials need to be provided and reviewed at different levels:

1: valid identity certificate and credit report of enterprise legal person.

2 articles of association, enterprise credit, financial statements and capital verification report

3. Financing plan and loan application

4. Collateral, repayment method and repayment source

Mainly some of the most basic information gives investors an intuitive understanding, so it is good to understand it as a means of financing. In fact, financing does not have to have a business plan. There are many successful cases in the market, which are not necessarily financed in the traditional way. Now there are business incubation bases all over the country, and there are several business roadshows every week, mainly for financing. During the roadshow, you can show the business plan to investors. It can also be used as other forms of publicity, but it is best to have this preparation when conducting commercial roadshows. When we contact some PE. In the normal initial stage of VC, they will ask for this business plan, so that they can understand the companies that start businesses or have financing needs more intuitively and help them evaluate the feasibility of investment more quickly, so we'd better prepare in advance.