Raising Venture Capital is not the easiest solution. First of all, you need to have a project and a detailed plan that can convince a potential investor that the benefit far outweighs the risk. It definitely helps if you can build a financial model that shows that projected cash flows, includes a sensitivity analysis and analyzes the results based on different scenarios. There are venture capital companies and searching online for such company will surely keep you busy for a while. Before approaching anyone, make sure that your plan is solid and attractive to any potential investor. Before approaching someone, ask the question Would you Invest your money in it?
The Accounting and Finance Community
Monday, June 21, 2021