VCgate

The process of obtaining capital for a startup can be very difficult and time-consuming. To minimize the amount of time and expenses entrepreneurs should follow some steps. The first step is writing a detailed business plan, which includes product or service description, technology used, financial projections, market analysis, advertising strategy, management team details and sales forecast. When the plan is ready, write an executive summary. It is the tool that helps you present your idea, vision and implementation strategy to business investors, revealing whether there are any chances for a high return on investment.

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