Business Pitch Flashcards
What is a business pitch
A business pitch is a presentation of a business idea or expectation, to a group of people who can help make it
a reality.
What is the main purpose of a pitch
The main purpose is to secure funding or collaboration from potential investors
What is a pitch deck
A pitch deck is a brief presentation that gives potential investors or clients an overview of your business plan, product, services and growth traction.
Types of businesses pitch
The investor pitch: an investor pitch occurs in the initial stage of raising money with a potential investor.
The elevator pitch: an elevator pitch can be delivered within the duration of an elevator ride. It’s a one-minute session to talk about your business, your product or service, and even your skill sets as an entrepreneur.
The sales pitch: The main objective here is to pitch the value of your product or service to the audience and persuade them to take the desired action.
The product pitch: Similar to a sales pitch, this focuses more on a specific product.
The twitter pitch: In the latest trend, the Twitter pitch summarizes your business idea
in one or two phrases.
Key elements of the perfect pitch
P - Problem solver
I - inspire action
T - Tailor it to the audience
C - concise
H - Heart
Important document to include with a business picth
. Cover Letter
* Elevator Pitch
* Business Plan
* Financial Report.