Funder Advice

When discussing a one-page summary of a new venture, I was party to some revealing thoughts on how to further “sell” the idea to potential investors from someone involved in monitoring just such conversations. Here’s a selection that would help shape the resultant full business plan:

• Around 10 pages should be right for length
• Make sure there’s a comprehensive financial model, which reflects projections over any envisaged loan period
• Any pre-feasibility studies/market research data (or other substantiating information) that could be attached would be of benefit
• CVs are usually quite informative and form the basis of any Borrower/Sponsor Assessment
• Any amount of money that the Sponsors have already invested helps to convince potential stakeholders of commitment