When you set up something unspecific with an unknown or a forgotten name with the aim to promote your industry or have a plan that could yield you millions, then the next target is how to raise capital to fund it. Mind you, creating a potential theory with numerous sources of income is just an insignificant percentage of the whole process.
Raising sufficient money for your investment requires a lot of technical plans. The first strategy is to access your cooperate body as a whole. Ensure that your various executives are in good foam. Avoid bringing in friends and family members that are incompetent. Fill in your corporate executive positions with the most qualified professionals.
Another major area that requires proper inspection is your board of directors. How active are they? What are their merits in behaviors and formal activities like? They must have links that they intend to use generously in other to progressively move the company forward. These should be the ultimate qualities of your corporate body and board of directors because; it is the links in their portfolios and their personal values that you will use to generate viable and long term alliances and associates that will improve your company, after putting your business structure in good form.
Your listed board of directors must have concrete deals that define what each party has to contribute to the association. Do not make any assumption of leaving anything to chance because this is a serious venture that you would not want to see collapsing down the road.
The diligent efforts you made to get the best corporate executives, with professionals and strategic members of the board of directors, will earn you a huge success when the VCs go through the bio section of your business plan. The VC’s always look out for your ability to get the elite and specialized executive staffs with a tested career that is yielding results with the previous business sectors they have been before.
When you have gotten these things in place, it only means that you are ready to set up a business plan. Look for a consultant that writes a first-class grade business plan and offers corporate formatting and turn round service also. Let him go through your files and make some necessary corrections to them. In choosing the author of your business plan, you must do it carefully because the success of your company and the ability to raise sufficient capital depends on it.
Having your company structured with your business plans in place, the next thing to do is distributing the business equity that defends you from charges of any kind thereby giving your financiers the comfort to know that you are ready for funding in case they decide to invest. You will need a private placement memorandum [PPM]. This is where the vital role of your business plan author comes to play. He as an experienced author with absolute knowledge of your business plan will technically draft this document.
It is at this point that you become qualified to start meeting the business venture capital firms. Funding capital is always the last thing after all other processes have been completed. You can then go to the global venture capital market. Login to the internet and you will find many “Venture capital services” that have substantial contacts in the funding sector. They can also link you up with investors and equity companies that are looking for investment opportunities.