Monday, August 27, 2012

Venture Funding for your New Business idea


Obtaining financing for your new venture business idea may be easier than you might think if your idea is good enough. There are many ways to make even a mediocre idea if you have enough in a favorable light. Typically, venture capitalists will not accept more than maybe 1 in 10 of the projects are fully asses. So most of the entrepreneurs, especially those who come to the table with only the idea and no company incorporated or going concern yet, they need to persevere and see the different sources of funding before giving up.

It is often more beneficial to actually be at the table with only an idea, but not having a head start to a company already set, sharing all business information and statistics can be slightly risky as the idea can get pirated. This is because most employers understand and use a standard non-disclosure.

A non-disclosure document that is signed by all present at the presentation that you give when pitching your idea, is a binding legal contract that binds people exposed to your idea to always use it for boarding and prohibits them from talking about details of the idea with anyone. This type of document strengthens the legal ownership of the business concept and all supporting documentation that explains the demographics of the market and feasibility study.

A briefing document is the first step for any entrepreneur interested in obtaining funding for their new venture project. This makes it easier and easier to present your achievements and hard work in presenting and removes the fears or nervousness to expose the business plan .......

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