Presentation

How can I make my “Pitch” for funding to Investors and Banks more memorable?

 

The problem is not that pitches are boring. Many of them are quite exciting with all the promises being made. The problem is that so many pitches sound alike because most of them make the same claims. You can make your pitch more memorable by preparing a short (10 slide, 20 minute) presentation with a good story of how you solve real pain. Less than 1% of pitches do this.  To develop a memorable pitch, imagine that your audience is at the end of a long day of boring meetings; everyone is barely awake, much less attentive; and people just want to go home. More often than not, this is exactly what you’ll get, so be prepared for it.

Business Finance is about achieving balance. The best way to achieve that balance is to do the job right the first time. That means taking the time to prepare a business and financial plan – or get the help of a professional consultant – that make sense. When they make sense to you, they will make sense to everyone else reading it.

CHECK OUR SERVICES PAGE – BUSINESS SERVICES FOR PROFESSIONAL INVESTOR PITCHES AND HOW WE CAN HELP YOU IN THE PROCESS. PUT US TO THE TEST.

           

 

 

 

 

How can I make my “Pitch” for funding to Investors and Banks more memorable? Read More »

How can I find sufficient finance for my business?

Very often, the set up and establishment of a “franchise” or business will call for a big investment. Only a few entrepreneurs are able to find this investment from their own resources. Fortunately, various funding options exist.

Accessing these funding options is a different matter altogether, but being part of a reputable and well established franchisor, will give you a head start. What does this mean? You need to understand that there is no shortage for start up finance. Financiers accept deposits from investors and pay them interest and unless they lend the money to borrowers (in this case potential franchisees) at a higher rate of interest, they will soon go out of business.

However, what is in short supply, are reputable entrepreneurs who are willing and able to present financiers with a well thought out finance application,comprehensive and professional business plan.

Investors (including bankers) often complain about the number of people/entrepreneurs who approach them for finance without a proper “Due Diligence” of the venture the loan is being applied for. They cannot present a quality business plan or loan application, nor are they able to answer some very basic questions about their business in a convincing manner.

Do not fall into this trap – a little preparation goes a long way. Your banker/investor is going to ask some tough questions and they will expect you to provide realistic answers to the following questions:                                

  • How much money do you need and what are you going to do with the loan?       

  • Can you demonstrate how this loan will help you to increase your profits?

  • How do you plan to structure repayments and what alternatives can you offer should the business’s cash flow fail to keep up with ongoing financial obligations?

  • What can you offer as collateral?

A great presentation can help. You are in competition with thousand of others who are also wanting loans. Demonstrate that you have really thought things through. The answer is not merely to ensure that you have got things right, but to make sure you have got nothing wrong. In the case of a loan application any tiny little thing that can give the bank/investor an opportunity for throwing your loan application out of the window – like careless typing errors – will be pounced on.

The most effective way to approach Investors is to do a “Investors Pitch Deck” or ask a professional consultant to prepare one. Check out our Business Services page for more details on Investors Pitch Decks. Or make use of our online consulting service at ZOOM, SKYPE GOOGLE MEET OR FACETIME — 45 MIN – CONTACT US AT: money@global.co.za

                

How can I find sufficient finance for my business? Read More »