3 Must Know Tips For Startups When Looking For Funding

February 24, 2015

3 Must Know Tips For Startups When Looking For Funding

Connect with Service Provider

Get connected within 24 hours to pre-screened, trustworthy and small business friendly service providers for Services in top Indian cities

Entrepreneurs are full of ideas and eager to implement them, but anything like in life starting a new business requires a hefty stack of hard cash. At one time, gathering this cash required days of chasing one investor after another, hoping one would be interested enough to invest. This approach often took years and yielded disappointing results. With the change of time, the support for the small businesses and start-ups has been stronger.

Everyone today admits that small businesses are the backbone of today’s economy. By investing in small businesses, we help strengthen the economy by creating jobs, also supporting other companies through purchasing their products and forming partnerships.

For any entrepreneur starting out, think that you are ready to pitch investors? When looking for funding here is what you should keep in mind:  

Understand your start-up first It may sound obvious, but the majority of the start-ups entrepreneurs who pitch venture capitalists have never thought about the concerning issues surrounding their companies. Know every minute details about your products/services, customers and competition. Have a clear understanding about your business model and financials. Remember, all these information should be at the tip of your fingers so that you can immediately answer whenever you are confronted with any questions.

 Understand what investors want There is a vast difference between “an invest-able company” and a “cool product” and if you are not able to make out this difference your business is doomed before it starts. Spend some time thinking what will make your business appealing for the investors. Why will make them interested in your business plan, if this clicks – you are sure to get the right investors.  

The first capital should be coming from you The bare fact is that investors simply don’t fund ideas. In this phase of increasing technology and decreasing costs, the investors will expect you to bring some traction to operate the company. Investors want to know that you believe in your own start-up and the best way to demonstrate that you have personally put your own money where your mouth is.

Image courtesy: emptyengine.com

Connect with Service Provider

Get connected within 24 hours to pre-screened, trustworthy and small business friendly service providers for Services in top Indian cities

Latest Posts

5 Top Mobile App Tips To Help Your Business Get Noticed

February 27, 2017

Mobile Apps are here to stay!!! As more and more consumers are beginning to depend on their mobile devices, the

Read More  
6 Social Media Marketing Strategies To Drastically Improve Efforts In 2017

February 24, 2017

A decade back when social media marketing started making its foray as a preferred mode of communicating with customers, most

Read More  
Top 5 Marketing Trends To Watch Out In The Year 2017 For Startups And Small Businesses of India

February 22, 2017

Marketing like we all know is the life line of any business. It is a form of communicating with consumers

Read More  
CONTENT MARKETING FOR SME’s

February 22, 2017

Content marketing services have become a buzz word and an important marketing strategy to remain competitive in business. However, SME

Read More  
Top 5 Crucial Benefits That CRM Software Offers To The Small Businesses Of India

February 21, 2017

Buying a CRM Software might be a big deal for any small businesses, as for them expenditures are the most

Read More  
How Outsourcing Accounting & Finance Can Work Positive For Your Business?

February 18, 2017

For years, companies have outsourced specific niche accounting functions of their businesses, such as tax preparation, legal assistance, financial portfolio

Read More  

Latest Events

Event
Indian Women Convention 2016

Date: 08 October, 2016

Event
World Brand Congress

Date: 23 November, 2016 - 25 November, 2016

Event
Event
Business Opportunities Show

Date: 27 November, 2016

Event
CeBIT India

Date: 08 December, 2016

Event
Nasscom Product Conclave 2016

Date: 26 October, 2016

Event
Pune Connect 2016

Date: 19 November, 2016

Event
Event
CEO Hangout Sales Summit

Date: 08 December, 2016

Event
Visit Startup India

Date: 17 October, 2016

Join and be part of our 100000+ Business Owners and Decision Makers Network