Online plan helps startups present ideas
Russell Leff said he can handle making Southern Nevada a global source for rechargeable, biodegradable batteries. “The hardest thing I’ve ever done is put together a business plan,” said Leff, whose company, Foxx Power, makes batteries for everything from golf carts to power tools.
Leff, who wants to move the manufacturing of his products from Chinese contractors to an in-house base in Las Vegas with 75 to 100 new jobs, needs a detailed map of the company’s goals and an explanation of how those goals will translate into profits.
“To have it clear the direction the company is taking … is one of the most important things for any investor,” he said.
After spending thousands of dollars on consultants who never delivered a satisfactory plan, Leff paid about $60 to a Henderson company that markets a do-it-yourself, online business-plan system. Read full story:
Technorati Tags: Russell Leff, Foxx Power, Funding Roadmap, www.fundingroadmap.com., Ruth Hedges, Recovery Accountability and Transparency Board of the U.S. Office of Management and Budget, Small Business Administration, Mike Stamler, Rick Butler, entrepreneurs, Benjamin Spillman, Las Vegas Review-Journal, NCET, Nevada’s Center for Entrepreneurship and Technology
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