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Posted: Wed 15:45, 04 Sep 2013 Post subject: barbour uk outlet Ten Things To Mention In Your VC |
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You will likely only have between twenty and thirty minutes so you need to be very thorough with your slide show. You should be ready to give answers to any questions that may come up about your business. Be sure to know your facts.
5. What market or markets do you compete in? Using independent market research again, who is your target customer? Where do they live?
7. Who and what are [link widoczny dla zalogowanych] your competition? Who are your competitors and what are their strengths and weaknesses? How will you beat [link widoczny dla zalogowanych] the competition and set up barriers around your customer base? Remember, competition is defined as any product or service that fills the same need your company fulfills.
4. Does your business meet the needs of a particular market? The research performed by a third-party company should be used to show why the market that you are targeting has a need for your products or services. What things are your customers spending their money on, what things do they want to purchase in the future if they have the chance to do it?
6. What sources do you have for revenue? Be detailed about the sources of revenue. They can include affiliate marketing, direct [link widoczny dla zalogowanych] customer purchases, and [link widoczny dla zalogowanych] advertising.
The ten key questions to answer in your presentation are:
9. What milestones do you have slated in the future and have you already met in the past? You need to tell a chronological story about your company. Start [link widoczny dla zalogowanych] with early accomplishments and move to those that are planned for the future. Describe when certain products will be developed, when you will form strategic partnerships, when you will release certain services to the public, what strategies you are incorporating and when they will be implemented, and when your milestones that are set for your revenues are planned to be met.
If you’re struggling to create your business plans, then consider using an [link widoczny dla zalogowanych] easy business plan template, so you finish your plan in hours, not days, weeks or months.
8. What qualifications do your team of managers have? You need to show off how reliable your management team is [link widoczny dla zalogowanych] and make your investors believe it. How long have you worked together and have they had documented success stories with other companies?
3. Why is your business better than the competition and why will it be successful? This question is possibly the most important question that you will cover because your success in the presentation can be decided with this description. Why do you believe that your business is so much better than all other companies when it comes to servicing your customers? You could tell [link widoczny dla zalogowanych] about the strong management team that you have in place, the partnerships that are formed with other businesses, or even the high levels of technology that you have in place. Use any other examples that are relevant but be sure to shine a bright light [link widoczny dla zalogowanych] on your business.
1. What do you do? Concisely explain what your company does.
10. How much money are you looking for? Many investors will be [link widoczny dla zalogowanych] interested in gaining returns in a short period of time. Keep this [link widoczny dla zalogowanych] mind when you tell them the capital amount that you are looking for. You need to ensure them that this is an investment that is solid and be sure to base your facts on financial assumptions that are realistic.
2. What is the status of your growth? Is your business just in the seed stage or are they past this and into the early stages or the later stages?
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