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Entrepreneurs and aspiring entrepreneurs pay attention: it may be time to ditch your business plan. In this Entrepreneur article, the venture capital firm ffVC gives advice for bringing your future business into the world in the twenty-first century. This article is especially useful if you’re outside the main VC hubs like San Francisco and New York.

ffVC advises that you don’t bore investors with a tradition business plan:

Thus, you need something that summarizes your business succinctly and a traditional business plan does not do that. However, a pitch deck (a slideshow presentation outline) does.

As for living outside of the hubs, they have six tips for you. Number one is social media––perhaps obvious. Another one you might not have considered is to use your city’s resources, like a startup accelerator. See the rest at the full article.

Full story at Entrepreneur.

More advice for small business owners.

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