FUNDING A BUSINESS
A venture capitalist has expressed interest in potentially funding your new business venture and has asked for a presentation of your business plan. Write 4–6 paragraphs that will provide some guidelines that can be used for effectively presenting your plan to venture capitalists. Make sure to cover the following in your response:
- What type of venture capital company should you look for?
- What financial information should be included?
- How will you close the deal?
- What should your presentation include?
- What devices or tools would you use to ensure the audience becomes interested and invested?
- How will you follow-up?
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Depending on different business needs and requirements, the business owner can approach different types of venture capitalists. After setting up a business, it is important to identify the relevant type of venture funding firms. It is therefore important to carry out a research on the type of firm to approach. Some factors to consider when approaching a venture capital funding firm are: whether the firm invests in mature businesses or startups, their industry of involvement, whether their amount of investment will be sufficient, their……………..
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