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Preparing for a Financing
Completing a funding involves: crafting the business plan, perfecting the pitch, optimizing resources, and navigating the process. Using his experience as both a venture capitalist and a CEO, Mike Kucha works as your funding coach, mentor, and expert. In addition to talks with management, he reviews necessary documents, budgets, presentations, and plans. Our firm’s vast knowledge ensures that key issues are identified well before the first funding “pitch” is made.
Critical Points of Review
1. Business Plan Guidance
- Constructing a tightly crafted document explaining the business, its products or services, and value proposition
- Creating a consistently articulated strategy and market focus
- Adopting a clear description and understanding of the addressed market and its growth prospects
- Bringing a sound and rational approach to sales
- Identifying and discussing competitive threats and opportunities, key differentiators, and possible barriers to entry
2. Financing Needs Assessment
- Matching funds sought with corresponding business needs
- Reviewing pro-forma financials
- Questioning underlying assumptions
- Analyzing applications of funds
- Assessing funding feasibility and staging
- Identifying likely funding sources
- Developing a funding timeline
3. Funding Presentation Enhancement
- Presentation skills
- Q & A expertise
- Flexibility in presenting to diverse audiences
- Familiarity with the material
- Knowledge of the key elements of the business
- Clear and realistic sense of risks and priorities
- Awareness of variables
4. Management and Corporate Governance Alignment
- Alignment of objectives among management
- Executive infrastructure
- Key talent
- Community of interest among all stakeholders
- Board of directors composition matched with strategic objectives
5. Operational Needs Analysis
- Reviewing the supply chain
- Analyzing available sales channels
- Examining business processes
- Establishing metrics for determining progress
- Evaluating a company’s application of valuable resources outside of its core competency
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