How do you approach investors after having written a business plan?
Okay – you are done your business plan. Now who do you show it to from whom you can obtain the requisite financing?
Specifically, the funding will go toward film/music production – thus who are the appropriate investors to approach? Especially if the producers are relatively unknown?
If your credit is questionable, or you want more dough than a bank might give you-or its higher risk than a bank will allow-go to a venture capatalist-get their provisions to the deal, then take it to an attorney to make sure the provisions are fair and equitable-and have a conrtract looked at by him/her. If need for ALOT of money is not in your scheme, or your credit is solid, and your plan solid (in the banks opinion) and you also have collateral….a bank would be a better venue for better rates.
November 7th, 2009 at 3:26 am
If your credit is questionable, or you want more dough than a bank might give you-or its higher risk than a bank will allow-go to a venture capatalist-get their provisions to the deal, then take it to an attorney to make sure the provisions are fair and equitable-and have a conrtract looked at by him/her. If need for ALOT of money is not in your scheme, or your credit is solid, and your plan solid (in the banks opinion) and you also have collateral….a bank would be a better venue for better rates.
References :
November 7th, 2009 at 4:06 am
make an very interesting presentation- PowerPoint, speech, example and etc.- make sure your dressed appropriate, know your stuff/plan and an please talk "right" (clearly, not-slow but not-fact, be detailed, and answer all their questions clearly/correctly)
References :
November 7th, 2009 at 4:23 am
If you are looking for an equity partner, talk to the people whom you think your business plan will benefit them. You must have the carrots for them so they can see the reasons of taking on the business you are proposing.
If you are looking for financing, you need to see a bank manager. Check out the bank which is prepared to fund businesss financing. It would help if you are a customer of the bank and you have a house with equity that can be used to leverage your finance.
References :