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ONLINE BUSINESS PLAN AND DUE DILIGENCE REPORTING SYSTEM AND DATA STORAGE

idea

What is the idea?

The Funding Roadmap provides the best networked online eco-friendly  business planning and reporting solution with complete transparency to help achieve the goals of  the government , entrepreneurs,  investors and lenders alike.
The www.Fundingroadmap.com can markedly improve the odds of financing a small business by providing a fast, affordable, web-based business plan alternative for the millions of Americans willing and able to take the job of economic stimulation into their own hands.  This is a timely matchmaking tool for the marriage of capital to new and expanding businesses

The modern economic system is global and instantaneous. Even in the current climate, successful deals are made and funds are transferred around the clock. Information flows quickly to where it can leverage an advantage in the moment. How is it then that the process of applying for, reviewing, and approving capital for small business is still mired in the paper and template-based business plans of the mid-20th century?

For entrepreneurs seeking funding, this program offers a standardized, multiple choice and narrative-based environment, compliant with GAAP and SBA criteria. Funding Roadmap is comprised of an Executive Summary with video player for an applicant's personal elevator pitch, Business Plan, Numerical Summaries, all inter-linked, and a Due Diligence Report. These online reports create a new standard of transparency and disclosure while at the same time, the extensive use of multiple choice questions makes for a faster, easier process for the applicant. Reports could be viewable online at the applicant's discretion through fundingroadmap.com, or distributed from any other website through  a Master License Holders' servers. This offers a media rich, globally accessible, instantly updatable document that can speed an applicant's funding of the recovery money and allow instant review of the progress of the use of those funds by any agency in the future all stored online.

Funding Roadmap provides instant global access for review by investors, lenders or FEMA. Secure online storage protects this critical information  in case of fire or natural disasters, allowing access anytime from anywhere.

Why is it important?

The government is trying to bolster the financial system, but the information systems used to start new businesses or shore up stressed ones are still languishing in the 1900s. Business Plan and Due Diligence reporting are still for all practical purposes, still inscribed on parchment at a time when they most certainly should be provided in a comprehensive, transparent and globally accessible online format.   
27 million small business owners and millions of new businesses yet to come, (from the minds of the 12 million and growing of unemployed who may take a leap of faith into self employment), now have access to a standardized platform  online to aid the development and funding of their enterprises. With the kind of necessary disclosure requirements included in our GAAP and SBA compliant financial statements and facilitated due diligence report and video elevator pitch, investors and lenders will have a world of realistic possibilities at their fingertips, and entrepreneurs with great ideas will have access to the global funding community, and everyone will be able to collaborate with each other, with full disclosure and transparency.

 While Funding Roadmap multiplies the economic possibilities, it eliminates the need to physically print, handle and convey business plans and proposals in a paper-based format, with obvious benefits for the planet.

Submitted by fundingroadmap (Application Development) on Apr 27, 2009

This idea is now closed to further comments.

Current number of stars: 4
based on 52 votes
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62 Comments

Member comment

This is an outstanding product and the way it has been designed is great.  I have never seen a system that is as user friendly as this one!  All you have to do is answer the questions and the rest is fool proof.  This should allow many entreprenuers like myself to easily address all the requirements for a business plan and funding quickly and painlessly.  Congratulations to the inventors this is a great product especially for these economic times.

Comment from matt1021 at Marketing Leadership on Apr 27, 2009
Member comment

This is a great product because it's easy to complete, can be worked on in concert with your team -if you have one- and can be shared or networked online instantly with anyone wanting to take a look. I like that it's compliant and complete and includes due diligence items to save processing and closing costs. Such a platform can make the funding of small business more accessible, and provide a leg up for entrepreneurs not already well connected to funding sources. I'd say this is a must-have also for SBA as an insurer and all related processing and storage. Excellent concept and execution.

Comment from Eastwest49 on Apr 27, 2009
Member comment

I think this is a great software solution that the Government should take a serios look at!!!  Awesome website!!!!!

Comment from goginak on Apr 27, 2009
Member comment

As a business development professional this could be the product that can really help turn things around for us. It standardizes the business plan and due diligence process for business financing and investment and that in itself is a major accomplishment. The standardization and digital format will allow for tremendous cost savings, for all parties involved, because it allows for all sorts of computer applications, and associated search capabilities, to be applied to the business financing and investment process and significantly streamline it. The standardization also brings with it a greater level of transparency that changes the due diligence process from one of high cost investigation to one of low cost verification. Its standardization will further streamline the process and shorten the funding time dramatically just by the fact that the entrepreneur/ business will now present a complete package (presentation, business plan, interactive financials, due diligence report and support documentation), everything needed by any lender or investor to make a decision on funding their application, the first time out. Because the application is web based, entrepreneurs/ businesses can now truly exploit the global business financing and investment capital funding pool because now any financial institution or investor, anywhere on the planet, can be given the opportunity to see and review a complete package for funding. In fact, with computer/ Internet search capabilities, it will allow financial institutions and investor to actively seek, screen and categorize business ideas and funding requests from anywhere in the world. If nothing else, it is a rock solid “disaster” risk management tool for any business and can tremendously improve relief efforts when disaster do strike. With a properly filled out copy safely stored on the web, when disaster strikes all you need to do is get an Internet connection and you have everything you need to immediately apply for business relief, financing or investment and the government can, with just a few clicks of a mouse, easily designate different areas for relief and other special funding. Just an all round excellent product, I think it would definitely be worth looking into as part of the solution to our current economic crisis. I think it is a win/ win situation for everyone involved that can bring about tremendous cost savings, greater transparency, while, improving funding rates for entrepreneurs/ businesses and opening the door for them to the global financing & investment pool; I’d say it’s the right product, at the right time for our time!

Comment from jjsmithy on Apr 27, 2009
Member comment

Someone has been a sleep at the wheel.This kind of reporting should have been around along time ago. If we had this kind of due diligence reporting we might not have gotten into this mess.

Comment from fundingroadmap on Apr 27, 2009
Member comment

I thought this was a brilliant product. Finally, someone's taken business funding out of the paper age and into the digital age. It should make it a lot more transparent to all involved as well as allow for some automated oversight of the entire funding process. It could be a great source for real time economic data that can be taken down to the neighorhood, since it is based on a digital platform. It should really speed up the process of getting funds to small business as a whole.

Comment from usbodyguard on Apr 28, 2009
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Comment from usbodyguard on Apr 28, 2009
Member comment

I agree with this idea.

Because this is a standards-compliant approach, it contains the terminology (i.e., definitions, concept-maps/ERD/Process-Model/Ontology/Value-Chain taxonomy, thesaurus) for the "business-planning and reporting" functions to provide management controls over resources, within a broader organizational management life cycle .  It therefore has a good semantics (i.e., structured meaning) base.

It is therefore using a semantically-defined and disciplined  metamodel (i.e., data, metadata, data rules), and methodology (i.e., process, business rules).  It has a good syntax (data structure and grammar).

It is using a semantically and syntactically defined and disciplined design over an easily accessible and usable technical platform (i.e., Internet and users' browsers).  It has a good technology base.

Overall, I would say this is a good solution, semantically, syntactically, and technically.  This business-planning and due-diligence-assessment solution's functionality and richness is available for a low cost by US standards.

Comment from RoyERoebuck at One World Information System on Apr 30, 2009
Member comment

Awesome Idea

Comment from jclombardo at unismart Capital on Apr 30, 2009
Member comment

This is a very good idea. We really need a product like this!

Comment from jherzl on Apr 30, 2009
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