When it comes to writing a business plan, there is one single golden rule that dwarfs all others – your business plan must address each of the key concerns of your potential backer.
If you fail on this first point, all the other things you should and shouldn’t do pale into insignificance and even a great business idea might fail to get backing it needs. A good business plan keeps the investor happy, so follow these 10 Dos and Don’ts to ratchet up your chances of success: (more…)
Most entrepreneurs really struggle to bring in investment without the proper tools to bolster their proposition. An engaging pitch deck is a key part of any successful fundraising strategy, so it’s vital to get it right.
With no clear consensus on what a great pitch deck for raising funds looks like, we asked funding expert, John Auckland to share the insight he has gleaned from a series of successful fundraisings. (more…)
Fundraising for your business is rarely a walk in the park. It’s a tough process, regardless of the industry you’re in, it can take up vast amounts of time, and more often than not, ends in failure.
Communicating effectively with investors will really boost your chances of success, so we asked funding expert, John Auckland, to reveal which buttons you need to press to get investors onboard. (more…)
The goal of any equity crowdfunding campaign is to catch the attention of investors and convince them that your business is worth backing.
But how does the mind of an investor work? (more…)
Crowdfunding is often seen as an easy route to raising money, but a major factor often overlooked is that it only works for certain types of businesses.
This article explores what those businesses that suit crowdfunding typically look like, and for companies that don’t fit the mould, suggests some steps you can take to make your venture more attractive to crowdfunding investors. (more…)
“Any time is a good time to start a company“, so said renowned American angel investor Ron Conway. That may be true, but how easy is it to find the necessary funding?
The answer largely depends on your understanding of how fundraising should be done. (more…)
The availability of bank loans for businesses is a hot topic at all stages of the economic cycle. During downturns, lending can become tightened, while boom times see some businesses take on huge debts in their quest for rapid growth.
When you’re just starting in business for the first time, getting your hands on the finance you need to get established and begin to grow can be a difficult task.
Given the reluctance of the major banks to meet the lending targets that have been set for them by the Government, here are some ways you can start up in business on a budget, and without any help from your bank.
With credit hard to find over the past few years, people thinking of setting up a business have had to come up with creative ways to fund their ideas. Here are some tips from the Bytestart team: