Develop a clear planned use of funds for the investors; include amounts, timing, and milestones.
Investors will naturally want to know the intended use of their cash and how long it will last. The more definitive you can be about your plans, the more confident they will be in you and your plan, but be aware of some hot buttons to avoid.
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Filename:
3.020407_Use-or-Misuse-of-Funds.pdf
File Type:
pdf
File Size:
146 KB
Categories:
3.02_Approaching Investors, V3_Starting a Company
Article_No:
3.020407
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171
