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What All You Should Know About Your Start-Up Before It Even Starts!

Read this blog and know what all you should know about your start-up before it even starts.

IPVentures
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What All You Should Know About Your Start-Up Before It Even Starts!

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  1. Blog 1: IPVentures.in What All You Should Know About Your Start-Up Before It Even Starts! Finance is the blood of any organization. It keeps circulating and providing the required support to all the various functions of the company. Finance can also be seen as that point of attraction at which either thing goes right and the company gets success, or all get absorbed in a black hole. When talking about new start-ups the most porous aspect for any business is finance. Without which it’s hard to move further! And therefore young entrepreneurs look for angel investors, who would provide the required mullah to these new budding CEOs. And here is when the search to find an investor for the company starts! So when finding an investor for your startup, there are following questions you must be ready to answer to your prospective investor:  You should be able to explain the main objective of your business idea, and how you will make it a reality. Chalking out ideas and plans is easy, but the only point of deviation is where one tries to make them work in reality.  You should be able to answer in how many years the company will break even. Break-even is that stage of the business where there are no profits and no loss and further to it the company gains super-profits.  You should be ready with a sample product for the team of investors, or the investor to examine and review. Providing a sample will give the latter a fair idea about the futuristic probability of the success of the business as a whole.  You should be able to give the investor a fair idea as to how much return he or she should expect in the initial years from your business. This will form a base for the later years when the business will be giving more returns than in the starting years. With so many other aspects also to be known, one should be proactive in his or her approach; and should be able to convince the investor to invest in the company. Finding an investor for your startup is hard but convening one requires more precision and efficiency. All the best!

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