How To Get Your Business Funded - PowerPoint PPT Presentation

About This Presentation
Title:

How To Get Your Business Funded

Description:

........ You have the idea, the manpower, and the expertise to get your business up and running tomorrow. All you need is the capital. For many people, this is the hardest part, but this phenomenon is mostly psychological and based in fear. You have already done all of the hard work; an investor would be foolish not to at least give you an audience. – PowerPoint PPT presentation

Number of Views:29
Slides: 20
Provided by: MidwestCorporat
Category: Other
Tags: business | funded

less

Transcript and Presenter's Notes

Title: How To Get Your Business Funded


1
How To Get Your Business Funded
2
Business Funded
You have the idea, the manpower, and the
expertise to get your business up and running
tomorrow. All you need is the capital. For many
people, this is the hardest part, but this
phenomenon is mostly psychological and based in
fear. You have already done all of the hard work
an investor would be foolish not to at least give
you an audience.
3
It is a general thinking that a business plan
cannot help you get a business loan. It is a
wrong notion. There are various options to get
finance for a new venture. Investors are willing
to invest in a documented business plan. The
financing companies need a good idea. Your
documented business idea should portray your
company, product, and people in it. These are the
things which encourage investors to invest in
your business plan.
4
If you want to know how to get your business
funded, here is how to push an investor that
extra step to get your funding.
Step 6
Step 5
Step 4
Step 3
Step 2
Step 1
5
Step 1
How to get your business funded
Make sure that your business plan is airtight.
Investors will ask all manner of questions. The
most important one is this How do you plan to
pay me back?
How do you plan to pay me back?
6
Step 2
How to get your business funded
Have your elevator pitch ready. No one wants to
be bored with the details right off. Think of
investing like a date. You dont want to reveal
too much too early. You want to excite at the
start. Sell the sizzle, not the steak.
7
Step 3
How to get your business funded
Utilize as much multimedia in your presentation
8
Step 4
How to get your business funded
Make sure that you have not only the product or
service providers inside of your camp, but also
someone that can sell that product or service for
you.
 Investors will want to know that you have a
method of making money, not just a killer product.
9
Step 5
How to get your business funded
Clean up your personal credit before starting the
process of creating a business entity
 Investors will want to know that you have a
method of making money, not just a killer product.
10
Step 6
How to get your business funded
Choose your business entity, name, logo, take
care of all relevant taxes and fees, and create
that business entity before you go in to visit
investors.
11
Different Sources That Can Fetch You Money
Before looking for money, you should know what
kind of finance is needed by your company.
Different ventures need a different kind of
funding and you need to know who will be
interested in investing in your type of business. 
12
We shall learn whom to approach and how to go
ahead with it.
Small Business Administration
Friends And Family
Other Commercial Lenders
13
Small Business Administration
SBA works with banks which are certified lenders.
If your bank is a certified lender, it will take
only a weeks time for it to approve your loan.
To take a startup loan there are few minimum
requirements of SBA. The business owner needs to
supply minimum one-third of the required capital.
The remaining amount should be guaranteed by
business or personal assets.
14
Friends And Family
If you are not sure that how will you be able to
generate the money to return, you should not take
this risk.
You can approach your friends and family for
financial help, but you should know what is at
risk. You should be careful when you are taking a
loan from these resources.
15
Other Commercial Lenders
These commercial lenders can provide you the
investment you need to start your business. 
There are some investors similar to venture
capital. These are wealthy individuals and a
group of investors who invest in start-ups. The
wealthy individuals are termed as angels and
group of investors are referred as doctors and
dentists. 
16
If you are looking for a quick loan for your
dream business, you can put your trust in our
services. 
17
You can get help from Midwest Corporate Credit.
We can connect you with various institutionalized
investors of America. We have a team of experts
with an experience of more than 10 years in
creating a network of lenders. Our team not just
determines a good financing mix for your venture
but also give you an estimate of getting a loan
from various investors present in our network.
18
Contact Us
1S280 Summit Ave E2, Oakbrook Terrace, IL 60181
Address
Mon Fri, 9AM  5PM
Hours of Operation
Front Desk
(630) 376-6063
 info_at_midwestcorporatecredit.com
Email
Website
http//midwestcorporatecredit.com/how-to-get-money
-for-business/
19
you
Thank
you
Thank
Write a Comment
User Comments (0)
About PowerShow.com