Understand your offer to find an investor You wouldn’t try to sell your car to someone who has no interest in driving. So why would pitch your business to someone who is not interested in your type of business. One of the most important things to understand is what you are offering to investors, and …
BEWARE OF WHAT YOU DON’T KNOW A large part of what we do in preparing a business plan for a business angel or investor is to de-risk the matter. Investors invest to make money not lose money, therefore eliminating the risks in an investment are crucial. Obviously all investments in business ventures carry a degree …
Is your business best suited to a Business Angel or an Investor? The answer of this question is largely dependent on the nature and position of your business. Here are a few things to consider: Management Team The experience of the management team is one of the big determinants on which way you should go. …
Find the right investor for your business Understand your offer to find an investor You wouldn’t try to sell your car to someone who has no interest in driving. So why would pitch your business to someone who is not interested in your type of business. One of the most important things to understand is …
How to start a Business Plan (cont’d) In our first article in the series How to Start a Business Plan, we discussed how to take the first steps of writing a business plan. We determined the • The type of business of business we want • Revenue and profit expectations • Balance of time commitment …
Unfortunately there is no hard and fast rule for this. However, there are some dos and don’ts that should be adhered to. Let’s assume the first and obvious one is covered off, which is having a great product or service to offer to lucrative market. There are many businesses that have that but fall down …
