How To Get FUNDED For Business

How To Get Funding For Business

The idea,and the manpower, with 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.
If you want to know how to get money for business, here is how to push an investor that extra step to get your funding.




How to get Funding for business:
Step 1
Your business plan is airtight (http://gosmallbiz.com/toolbox/index.html).
Investors will ask all manner of questions. The most important one is this: How do you plan to pay me back?

Step 2
Have your elevator pitch ready. No one wants to be bored with the details right off. Think of investing like a date. You don't want to reveal too much too early. You want to excite at the start. Sell the sizzle, not the steak.


Step 3
Utilize as much multimedia in your presentation.


 Step 4
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.

Step 5
Clean up your personal credit before starting the process of creating a business entity.

Step 6
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.

Step 7
Do as much business on your own as you possibly can.
Quantify your results by making them public by using the (http://www.gosmallbiz.com/plan/)
resources available online. Social media allows for free promotion and quantification of interest by comments, views, likes, and reviews. Search engine optimization can be begun for free, and it is even better if you can show that you can quantify results of a small preliminary ad campaign.


Step 8
Take out a business credit card, secured if you can not get an unsecured line of credit, and begin paying all business overhead on that card to build business credit that is separate from your personal credit. Investors love to see that you are already paying bills and separating expenses professionally.


Step 9
Begin contacting investors and lenders of business credit. Be ready to present your elevator pitch and show off your perfect business credit and business.


Step 10
Compare all of your business credit lenders to see who best fits your needs and create a long lasting, profitable partnership for both sides!