Extract . . .
“When you are presenting your new or growing business to a venture capitalist firm, the first, and sometimes only, thing that the firm will look at when making a decision about your business is your business plan. If your goal is to be read, you need to avoid these things. They are the best ways to ensure that your business plan ends up in the trash!
First, remember that first impressions are important in the investment business. If the look of your business plan and cover letter do not represent your plan well, then you can be guaranteed that it will end up in the circular file! First, if you are struggling to fund your business, you may be tempted to ask the investor to send your business plan back in a prepaid envelope if they are not interested in what you present.
While this seems like an economical suggestion, it does not sit well in the minds of the investor. You are showing the investor that you are desperate to get capital for your business. So desperate, in fact, that you cannot even afford to draft multiple copies of your business plan for potential investors. Desperation does not lead to success in the mind of the investor.”
Link
http://www.fundingpost.com/investor-presentations/How-to-Get-Your-Business-Plan-Rejected-by-Venture-Capitalists.asp
Venture Link is an information site for the budding entrepreneur looking for investment, and the curious investor looking for a project. Linked to innovative Go Between Ltd (www.go-between.co.uk), this site aims to support and expand on the information and service found there. Enjoy the content, by all means comment and give us feedback on what you find here using the ratings supplied. Ask whatever questions come to mind and we’ll do our best to help at: gbtenquiries@gmail.com.
Wednesday, October 20
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Please feel free to give us your feedback here. All comments are subject to moderator's approval.