You know it is time to run away if…
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Raising Capital Best Practices
I recently wrote an article that for Mintek that has a strong tie in for entrepreneurs, micro-enterprises and innovators. The article discusses 5 alternative ways to save energy for facilities and buildings. All of the energy saving alternatives not only apply to small business but the 4th suggestion also presents an opportunity to entrepreneurs and [...]
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Far too often, life coaches, entrepreneur advisors and consultants who have never experienced the hardships of starting and running a business sell their services. “Experts” claiming 1-3 successful ventures, a book, or social media expertisesell their services. Unfortunately, most have never experienced the hunger necessary to coach and develop an entrepreneur. The internet has seen an explosion of people claiming to be experts. Find out here what to look for to avoid losing your money.
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What happens after you have met with potential investors and they seem to like your plan? You are probably pretty excited, but now is not the time to lose your cool. In fact the hardest part is still to come.
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Your business plan is ready. You have identified how much funding you will need and what it will be used for. Where do you find investors, how do you meet them? The next step is properly identifying who in your network to approach.
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Now that you have the proper starting points and frame of mind to pursue funding for your venture (Part I), how do you complete your business plan with potential investors in mind? The following is a listing of Do’s and Don’ts when completing your business plan.
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Everyday thousands of Entrepreneurs ask themselves and others how to raise capital for their business venture. This is the first in a 4 part blog designed to educate the novice and advise those currently struggling with finding funding.
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There are many ways to obtain capital which may include but are not limited to….But for discussion purposes let us say you are at the stage where your intellectual property (technology, idea, invention, creation or process etc.), has been Patented, Copyrighted, Trademarked or you have chosen for it to remain a Trade Secret.
Having intellectual property (IP) may open other doors for you when raising funding for your venture.
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This article is a brief summation of the issues that Business Advisors or other professionals run into when asked to assist people raise capital. Please read all prior blogs on Finding Funding for Your Venture to understand that a business plan alone will help you achieve your fund raising.
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The phrases “Burn Rate” and “Use of Proceeds” are often confused. One is a term and the other is a document.
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