Use KPIs as core elements of your business plan to improve your chances of getting angel or venture funding.
You can’t bluff a start-up. It’s a no bluff zone. That’s the reality. You can’t achieve anything without substance.
Writing a business plan is important. However many entrepreneurs are guilty of overkill in this department. Here are seven key reasons not to write a large 80+ page business plan.
Slidecast with audio that shows how entrepreneurs can build their own financial projections for their business plan.
Why you should build your business around Warren Buffett’s criteria of a good investment.
The Entrepreneur has just finished their presentation. They are feeling good. It came off without a flaw. They think the hard part is over – or is it?
Ok, many entrepreneurs get this very wrong. Some do not apply any methodology to obtaining their sales figures. In the vast majority of business plans, the sales assumptions are simply plucked out of thin air.
Lets face it, 2009 was a bad year for start-ups. This has been reflected in the capitulation of the number of IPOs in 2009. When exits are down it makes it harder for new businesses to attract VC investment. Look, when it comes to Venture Capital and Business Angel investment it’s all about the exit. That’s life, so entrepreneurs like us must deal with it.
Too many entrepreneurs ignore common sense and abandon their reason when they are chasing angel investment.
have just published a new ebook that focuses on the first round of funding for start-ups. It’s called “Target Series A: From Idea To Investment”.