FREE online courses on Venture Capital Funding - Be Prepared With Your Business Proposal - Make it brief

 

·         The most important quality of your business proposal is succinctness. A business proposal that is longer than thirty pages, excluding the financial exhibits, is probably too long.

 

·         For your proposal to be ahead of the pack, it should eliminate as much work as possible for the Venture Capitalist.

 

·         Don't include fraudulent or misleading information in your proposal.

 

·         If you fail to disclose a material item, the Venture Capitalist may be able to demand all of his money back; or worse, if the business fails, he could have a legal basis to sue you personally.

 

Caption: Losing the Venture Capitalist's trust is the worst thing that can happen to an entrepreneur.