One major accelerator for growth is right kind of financing. There are several ways to finance a business, especially for growth. Irrespective of the type, there’s a need to prepare well, for accessing growth finance and utilise the same, very effectively.
It is a common practice of first time entrepreneurs and founding teams to be in a hurry when it comes to getting finance for their growth. All they need most of the time is reference to investors and exclusive time to pitch their business. Since both these elements are mostly non-repeatable, qualified deals and well prepared teams get opportunity to find and present to potential investors. Only those who go through a rigorous preparation to raise investment, succeed well.
Here is a simple process we follow, use it to guide our portfolio companies and subscribers to our growth acceleration programs. As you might see, several steps are iterative and progressively evolve in clarity while strengthening the business, not just the ability to get funded.
Feel free to use it in your journey. If you need any specific help, let us know…
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