November 10, 2010
How Much is Enough Planning?
When you are starting your own business, having a plan in place before you start to get into the financing stage is critical. Investors are going to want to know that you have done your planning before they start putting their money up to make your idea a reality. When you think you have planned enough, plan some more. You will need to get all of your ideas into one complete plan before you seek out the private, angel, or venture capital investors.
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After completing your business plan, you will want to ensure that all of your details are spelled out clearly for the investing companies. One of the fatal mistakes that most entrepreneurs make is to hide some details from the investing company. Remember, the more they know, the more they will be able to see the same vision you do.
Next you will need to seek out which investors to contact. Wouldn’t it be easier to cold call from a list that has already been customized to eliminate the investors who do not do business with companies in your industry or stage? Of course it would!
VCgate database gives you just such a list. They allow you to input your company’s details to ensure that you are maximizing your time efficiency. With these tailored searches, you will be able to start cold calling thousands of investors immediately.
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There is no need for you to cold call investors without the resources to do follow-ups automatically and keep their information all in one place. VCgate gives you all of these tools. With VCgate, you have the power to pick which investor would best fit your company’s needs. Thus, you will be able to select angel investors, venture capital firms and even secret investors, whose contact details cannot be found elsewhere and are not made public, according to the following criteria: stage and industry preference, geographic location, minimum and maximum fund size they prefer to invest. Having instant access to a continuously updated list of over 4,600 business investors worldwide means maximizing your chances of getting the necessary capital. The largest global directory is the perfect tool for any entrepreneur. User-friendly, economical and customizable, VCgate database includes contact details of more than 15,000 angel investors, venture capitalists and also members of management teams.
Remember, you can never plan too much when it comes to starting your business. There is almost always something more you can do to make investors want to put their money into your company. The more you plan, the more they will see your vision.
Why not let VCgate help you make your planning a little easier?
All the best,
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I agree with you that business planning is a very important step that cannot be skipped or taken not so seriously, on the contrary, if the business plan is not complete you will not find investors easily and it may also affect your business after that.
Comment by mehmet — November 15, 2010 @ 3:56 am