أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
share your opinions & experiences.
Basic Needs
1: Your expertise {Knowledge – Know How – Experience} in the domain
2: In Depth Research: on Viability, Market, Competitors, business features, cost structures, key resources and revenue streams
3: = Viable Business plan
4: Team = Executive team - strategic partners - marketing – sales – business partners
5: Financial forecast and Metrics
How to find funds :
Convince Investors that you have the expertise, the right product , the right team and your business plan is viable and a winner.
Consider funding by personal loans - collateral securities - friends - family - business angels - Government funding agencies - Banks
I suppose the elements of a new business are demonstrated by Mr. Mohammad Tohamy…
However, we still need to bring investors to new business… The approach to investors would vary depending on the volume and value of the new business,
For small business it could be by seeking direct partnership or a personal loan… and for medium/large business, it would be by finding venture capitalist through banks… and for large scale business it could be by lunching IPOs through well known financial institutions.
- Objective presentation of sustainable competitive advantage(s)
- Relaistc, workable busienss plan
- Effective competitive analysis for the product(s)/service(s) in the target markets
- A team with the peofessional skills required to achieve the plan goals
- Relaistic performance measurements plan and an enterprise risk management plan
Investment/Resources
Skills
Research
Team to start with
Viable planing.
Couple principles I believe in as a result of my30+ years experience/presence in the market
All the best !