Missionaries want to save the world… Mercenaries want money… Which one are you and what difference does it make to investors?!? How can you be the best of BOTH? #raisecapital #businessplan #Entrepreneur
VIDEO – What to think about as you edit the “Use of Funds” section of your business plan and what investors and lenders (crowdfund, angel, venture capital, SBA) look for as they consider funding your start up or growing company. (How much money you need… For what? Here we summarize your capital requirements enabling investors to quickly see how to plan to apply their investment.)
VIDEO – What investors & lenders look for in your business plan! In this brief video, Business Power Tools founder and BizPlanBuilder business plan software template creator Burke Franklin consults on writing a business plan — What to think about as you edit the “Executive Summary” section of your business plan and what investors and lenders (crowdfund, angel, venture capital, SBA) look for as they consider funding your start up or growing company.
Finding the right person and asking them for money to fund your business can be daunting. First, you need to get your head straight! Here are some ideas…
Be careful talking in terms of % ownership! Many people seem to get hung up on what percentage of the company they own at any given time. If you need to sell more shares to raise capital or hire a new person, everyone’s ownership piece of the pie is going to change. It’s crazy-making to…