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Most entrepreneurs recognise that if the fundamentals of a business ideau2014the management team, market potential, operating systems, and controlsu2014are good, there's likely money to be found. The thrill of securing finance to expand a business can be intoxicating. However, as thrilling as the money hunt may be, it is also dangerous. Certain harsh facts are built into the process, which can badly harm a corporation. Entrepreneurs cannot avoid them, but they can at least prepare for them by understanding what they are.<br>
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Most entrepreneurs recognize that if the fundamentals of a business idea—the management team, market potential, operating systems, and controls—are good, there's likely money to be found. The thrill of securing finance to expand a business can be intoxicating. However, as thrilling as the money hunt may be, it is also dangerous. Certain harsh facts are built into the process, which can badly harm a corporation. Entrepreneurs cannot avoid them, but they can at least prepare for them by understanding what they are. Entrepreneurs should not be frightened to look for funding. Though they will always be at a disadvantage when dealing with people who deal on a daily basis, they can take efforts to guarantee that they acquire the cash they need, when they need it, on terms that do not jeopardise their future alternatives. The first step is to understand the drawbacks of the fundraising process.
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