Best Practices & Tools

Key Ingredients of a great first pitch:

    1. What does your company do
    2. How big is the market
    3. How much traction do you have
    4. Unique insight/ Secret Sauce
    5. How does your business make money
    6. Team member and how does each contribute
    7. How much money do you need and for what purpose?

Building a business/financing plan – common errors or missing aspects

  1. Market segmentation or your value proposition to the identified customer groups
  2. Show assumptions behind revenue projections
  3. Separate fixed and variable costs so breakeven revenue can be calculated
  4. Team member and how does each contribute
  5. How much money do you need and for what
  6. Working capital requirements
  7. Cash Flow statement
  8. Usage of funds and time period before next funding required

Tools