Business Bytes

7 Steps to Prepare For Startup Funding

By KeeVurds Desk

Do you have a brilliant startup idea but don't know how to get funding? Here are 7 steps to help you raise startup funding:

Before you can seek startup funding, you need to know how much money you need and how you plan to use it. So, create that report.

Know Your Numbers

Get answers to questions like 'Who are you trying to solve a problem for?', 'What are their needs and wants?', and more.

Define Your Target Market

Prepare a business plan that outlines your company's mission, strategy, and financial projections.

Business Plan

Your team is your most valuable asset. Make sure you have the right people in place to execute your plan.

Build A Strong Team

Your pitch deck is your first impression on potential investors. Make sure it is clear, concise, and well-designed.

Create A Pitch Deck

You can attend industry events, join online communities, and meet with investors one-on-one to network for funding.

Network With Investors

You should not give up equity in your company without careful consideration and be ready to negotiate for better deal.

Prepare For Negotiation