Is Your Business Ready for Investment?
Your business idea has become a reality. At last. You’ve spent months poring over business plans and marketing strategies, followed by focus groups, the hunt for premises and recruitment. You’ve probably already started trading, and you may even be paying yourself a salary. But what’s next? You need money, and lots of it. You know there are people out there who should be fighting to invest in your business, but how do you find them? And how do you persuade them that you can make their money grow? Before you set out to seek investment you must be able to answer one basic question:
Are You Investment Ready?
Most businesses approach investors at some stage, and the disconcerting news is that the fundraising failure rate sits at a whopping 95%. But it’s not all doom and gloom. A solid business seeking investment from an appropriate source can certainly succeed and thrive.
Investors will want to know what steps you’ve taken to finance your business until now. Let them know that you’ve done your due diligence, you’ve explored various options and you’re completely ready for their financial backing.
Before You Seek Investment:
Before you approach investors you must be completely ready or they will send you packing before you’ve started pitching.
Tips for Investment Pitching:
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If you think you’re ready to seek investment, we can help you find out with an easy-to-use online tool which takes 15 minutes to complete. At Evoke Management we’ve partnered with D-Risk to help you assess your investment readiness.
Rob is a forward-thinking CIMA qualified Management Accountant, who has held senior roles within large multinational and small specialist Financial Institutions. His more recent experience includes advising fast growing small and medium enterprises.
Rob has worked extensively in Finance and Business Development, accruing 10 Years at JP Morgan and 4 Years at KCG (formerly Knight Capital). In April 2015 founded Evoke Management, where he offered strategic business advice to SMEs with a finance focus. He strives to provide Strategic Business Performance Advice, and offers his expert and cost-effective services as a part-time FD and COO to businesses looking to grow yet retain flexibility and control.
Rob understands the challenges faced by SME owners in today’s fast moving economy. Generally time-poor and unable to divert the necessary resources to improving the performance of their business, they turn to Rob for a tested and effective solution.
He works with organisations on removing barriers to growth, examining high level but vital aspects of the business. Using a unique and innovative approach, Rob helps businesses identify issues, make a comprehensive plan and tackle problems efficiently and effectively.
When he’s not working, Rob loves spending time with his family, and can often be found near or on water – he’s a passionate Yachtmaster, partial to sailing and motorboats.