On the start, attention and …

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On the start, attention and …

Almost every entrepreneur or business manager has faced the problem of business development. Most often, this process looks like this: a project begins with writing a business plan and ends on average a year and a half after an unsuccessful search for funding sources.

Looking into the reasons in detail, we often find low-grade business plans that have not interested investors. There are often communication problems: the business owner and the investor speak to each other in different languages and have different ideas about the processes of activity.

In order to avoid such well-known problems, we can give you some very practical advice. Entrepreneurs and businessmen at the start of their own or commercial business need:

  1. pay enough attention to planning your business,
  2. study well and present ways to achieve the goals of your project,
  3. it is necessary to reinforce knowledge and goals with financial calculations,
  4. it is necessary to present to potential investors a request for financing in a visual form (in fresh printed form, with graphs, diagrams, etc.)
  5. to know the answers to key questions for interviewing investors in order to present the project in the best competent form and seek financing
  6. you need to have patience
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