Regardless of your product or service, we have found that there is a repeatable process in developing a successful venture.
Regardless of stage, each venture needs a business plan to run the company and a strategic plan to grow the company. A good business plan describes in detail what the company plans to do and a strategic plan specifies how the company will accomplish it. While every entrepreneur is forced to wear many hats, it’s much easier when he knows which hat to wear.
Each company is unique and requires a custom plan and timeline and a strategic plan is even more critical to a company seeking funding. Entrepreneurs often become so focused on raising capital that they neglect their business. Capital Ventures Group primary focus is to keep the entrepreneur involved with the business while we assist in raising capital – after all that is what we do best – that’s “our” business.
Early stage companies must be realistic when raising capital. The worst thing a company can do is appear impatient and/or desperate. The earlier the stage, the longer it may take to find the right investor. Although an investor shows initial interest, many prefer to observe a company’s rate of growth and development prior to making the investment.