It’s said that no man is an island, and that applies to business professionals. Even if you’ve developed a great idea all on your own, it takes more than your own inspiration and perspiration to make it into a reality. You’ll also need the resources to get the ball rolling, and a big part of that is knowing how to secure funding. Whether you’re scaling up your current business or trying to get your startup off the ground, knowing how to connect with investors is crucial for your success.
The process begins with building your pitch. This means you’ll need to have to present some solid, thoroughly researched data that demonstrates your understanding of the marketplace and how your concept fills a particular need. Investors will want to know how soon you expect to turn a profit, so it’s imperative to show them a timeline. Putting the spotlight on the team you’ve assembled is another critical component. Having all of these elements in place will make it much more likely you will come away from your meetings with a firm commitment.
Few things in life are accomplished entirely on your own, and your business needs outside investor partners to ensure your success. To learn more about how you can secure your funding, take a look at the accompanying resource.
Infographic created by Donnelley Financial Solutions, an SEC reporting software company
