| 2TORIAL |
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Write a Business Plan
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Step 4:
Detail the investment opportunity
Now it's time to spell out exactly what you need from your investors, and what you can give them in return. You can use highlights from your financial plan to back up your claims. The essentials include:
The total amount of funding you need
How the money will be spent
What collateral you can offer, if any
The proposed terms of repayment (for banks), or equity-sharing (for venture capital or individual investors)
A projected return on investment (for investors)
An exit plan for private investors and venture capitalists
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Go to Step 5 of 12
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