10 take aways for startups looking to raise funds

541
-1

Published on

Fund Raising tips for Startups - Go through our presentation to learn how to Raise Money for Your Start-Up.

Published in: Business, Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
541
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
5
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

10 take aways for startups looking to raise funds

  1. 1. 10 Take-Aways for Startups Looking to Raise Funds Crederity Blog www.crederity.com
  2. 2. 10 Takeaways for Startups Looking to Raise Funds Capital is a crucial issue while starting up a venture and an entrepreneur or a group of entrepreneurs need to look out for various ways out for raising funds. Precaution is a must at the start as any financer can take undue advantage of your situation. Before starting always gauge the fund necessity of your business and how much initially you can put into it, because the first funding should always come from you. This shows that you believe in your own venture and are confident about its success. Your monetary limits decide the initial limits of your funding. By following few steps you can easily get good funding from others as well.
  3. 3. 1. Evaluate funding need: Firstly, try to find out how much fund is needed for initial start up. This will help you to understand basic funding needs for starting your venture. Try to cover up all the segments of business in this evaluation. 2. Funding limits: Depending upon the evaluated fund needed to startup a business tries to find out how much fund you can raise yourself at the start. This will make you deduce the amount which is to be raised from outside. 3. Build a plan: Although no one asks for a fully developed plan at the start but investors do need to feel interested in your venture and for this you should put down the potential and growing possibilities of your business. Put a general summary of your business on paper or if possible get it written from an expert. Basic factors like market needs, sales strategy, business description and projection of finances should be included. Take advantage of 10 takeaways for startups looking for raising funds:
  4. 4. 4. Entertaining with service providers: Develop good contacts with service providers like legal firms, bankers or auditors. Go out with them and let them entertain you. They will focus attention on you in the hope that once sufficient finances are raised for your venture you will hire their services. These people have good connections and will give you good references or introduce you to interested investors. 5. Find out advisory sources: There are many universities which help entrepreneurs in their initial capital raising. Check whether you can apply there and find out the various criteria for making your business eligible for funding from them. 6. Join entrepreneur encouraging groups or associations: Many leading institutions and industrialists join together to form a forum to support entrepreneurs and help them in fund raising. You can try for registering here and take the advantage.
  5. 5. 7. Be a part of technology council: These technological councils charge only a small amount of money for joining but open a flood of opportunities for getting good referrals and potential investors as well as sellers and buyers. 8. Announce your plan in public forum: Try to get space for making it to the public forum where entrepreneurs are given opportunity to showcase the salient features of their business. Many successful entrepreneurs and businessmen attend the function and your business plan might gain a good funding from them. 9. Establish Trust: Establishing trust is utmost importance, you must tell your potential investors that you are not a fly-by-night company and will stay in business for a long time. Before putting in the money the investor will definitely like to verify the authenticity of the team members and the business. 10. Joining a group: Many corporate groups want to diversify and are on the lookout for a professional in the concerned field who can be trusted. You can share some of your business with such groups and get fund in return.
  6. 6. Things you should do if you looking raise fund  Get a Crederity Trusted Seal to establish trust with investors.  Verify your new and existing hires.  Verify your partners, suppliers, vendors and customers/clients.  Read case studies for assessing Crederity Verified Program  Educate people by sharing this post in your network.  Give your feedback by writing a comment or contacting us. Thank You!
  7. 7. Things you should do if you looking raise fund  Get a Crederity Trusted Seal to establish trust with investors.  Verify your new and existing hires.  Verify your partners, suppliers, vendors and customers/clients.  Read case studies for assessing Crederity Verified Program  Educate people by sharing this post in your network.  Give your feedback by writing a comment or contacting us. Thank You!
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×