Know your competition. When entering a business plan competition, it’s important to know what other competitors are submitting. There are many business plan competitions online with various formats and topics.
To get an idea of what other competitors are submitting, view the contest’s website and competitor information.
Tailor your pitch. In order to stand out in the crowd and win votes, you need to tailor your pitch to the judges’ needs. To do this, you need to understand what they want from a business plan. What are the judges looking for, and how can you address those needs?
Create a list. Judges want to see a clear outline of your business and its goals. Make sure to include a list at the beginning of your presentation. It should include both a detailed overview of your business and a list of your key features.
Share your story. Judges want to hear the story behind your business and the people behind it. Share your story with enthusiasm and enthusiasm. This will keep the judges engaged and interested.
Stay on track. Judges will often times pay attention to the time allotted for the competition, so stay within the time limits. They will often look at the visuals and not just the words.
Prowess presentation skills. Judges will often look at presentation skills as well as the content itself. Present your business plan in a clear, engaging and visually appealing manner.
Use PowerPoints, charts and other visuals in your pitch. This will help keep the judges engaged and interested in your presentation.
Q&A and conclusion