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It’s the pinnacle moment for most entrepreneurs. Your startup has emerged and the future of all your hard work lies in the hands of potential investors. Even after constructing the perfect pitch, you can’t help but wonder…is it enough?
Business Bargain Plan is there for new (and experienced) business owners seeking a startup investor. We know what it takes for an investor to sign the dotted line so that you walk away with a check. Here are a few of our secrets.
Not everyone who throws money your way is an ideal investor. Even though it may be tempting, it’s important to read the fine print before accepting any investment. The perfect startup investor offers more than just money. And if that’s all you need, that’s fine too. But consider the bigger picture. As a startup, you may need money right away, but soon you will need much more.
The best things to consider when pursuing an investor are:
Expertise– What is your investor’s background? If they weren’t investors would you consider hiring them? An investor who can offer skilled expertise applicable to your startup is more valuable than any blank check.
Network– Maybe your investor isn’t offering the loftiest amount of cash, but do they make up for it in who they know? Many times, who you know can make you an authority in your market quicker than anything else.
Resources– When possible, pursue industry veterans who have the resources you need at their fingertips. If they really believe in you, they’ll be glad to share.
Meeting any type of angel investor is intimidating. Sometimes, even the slightest fumble in your pitch can cause them to doubt the future of your startup. Luckily, with the perfection prepared business plan, you’ll have an organized breakdown of your business model, structure, and execution.
BBP proudly prepares entrepreneurs on their venture to acquire a startup investor. Working in over 800 industries has taught us a thing or two about landing the perfect investor–nothing’s impossible! If you’re ready to pitch to the sharks your custom business plan awaits you.Tags: entrepreneur, expansion, financial tips, funding, going into business, government funding, Grants, SBA funding, small business, small business funding, small business investment, small business loan, startup failure, startups