How to Raise Funds

For any business, fund is required. You may rise fund from your relatives or friends or can take loan from bank or can approach an investor.

But in any case, you need a detailed analysis of your business proposal and need to present to the person whoever is ready to fund you. Without knowing what you are going to do or what is your business plan, nobody will give you money or you can raise fund.

The presentation for raising is called Pitch Deck. You need to consider the main points while preparing pitch deck , otherwise you will not be able to raise fund, even it is a small amount from seed funding.

The first point is What is the market burning problem or what is the customer problem you are going to solve.

Second point is , for this what is your solution for this. Means, what is your product or service which can solve this problem.

Third point is what is the unique selling preposition (USP) of your proposed product . What is the difference, between other product available for this market problem and yours.

Fourth point is, explain who are your competitors and how you are going to create entry barrier for them. Means, how you can monopolize yourself from competition.

Fifth is what is your revenue model. Means, how you can generate revenue from your business. Where you will sell the product , to whom you will sell the product, market size and monthly approximate revenue and yearly approximate revenue. Click here to read more…