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Updated by Mike Monroe on Nov 01, 2016
Headline for Advice on Business Plan Competitions
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Mike Monroe Mike Monroe
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Advice on Business Plan Competitions

Business plan competitions offer great potential for aspiring business owners who want to fund their investments, interest free. The bigger the payout, the stiffer the competition. These articles will help you stick out from the crowd and bring home the bacon.

How to Win a Business Plan Competition

The good folks at Bplans.com have assembled some of their best advice on business competitions, including common mistakes. This article is money. But the whole website is an amazing resource for anybody who's serious about taking home the cake. Check the title bar for sample plans, how tos, and resources.

Top 10 Ways to Win a Business Competition - Frank Peters

Frank Peters, current business plan judge and former chairman of the Tech Coast Angels, offers 10 excellent tips. Make sure to take particular note of the revenue forecasting advice. He even throws in an 11th tip, for fun.

Read First: The Big Picture of Business Plan Competitions

Champions are made in the preseason. Which is why this article should be the first one you read before picking your team and attacking a competition. The section on formulating an advisory board is brilliant advice not followed by a majority of your competitors.

Ask the Experts: How Do You Win a Business Plan Competition?

8 veteran judges (from some of the most prestigious competitions) weigh in with their advice. It doesn't get any more insider than this.

Keep Startup Pitches Simple, Stupid

This post is more for venture capital pitching... but the lesson is the exact same: keep it simple. As the article says, "in words that your grandmother can understand."

Straight from a Judge's Mouth - 11 Tips on Winning

Rhonda Abrams is a small business and startup expert who has been featured in publications worldwide. In this guest post, she bluntly reveals tips applicable to nearly any competition. One nugget = contacting the screener ahead of time to reaffirm evaluation criteria. Gotta get your work in front of the celebrity judge!

Elevator Speech: 10 Steps to Mastery

Having trouble nailing your elevator pitch? Follow these 10 steps to master your speech for your next competition. This post is very thorough. If you can get past all the annoying ascii text symbols (don't know what the heck those are), there's some great stuff here.

Business Plan Templates and Free Sample Business Plans

Over 500 business plan samples for dozens of different organizations: restaurants, hotels, car washes, coffee shops, and more. Each example includes an executive summary, mission statement, financials, and more. Definitely worth glancing through.

Give Your Business Plan to Your Most Skeptical Friend

A conversation with Steve Wunker, a managing director at New Markets Advisors. Steve offers an excellent perspective regarding financial projections, what you should, and SHOULDN'T include in your business plan.