FREE online courses on Venture Capital Funding - Be Prepared With Your Business Proposal - Using a broker

 

Many consultants and financial brokers prepare business proposals. The business proposals prepared by these people are known by their genetic name, “packages”.

 

Brokers usually charge a great deal to assemble packages.

 

Most financial brokers merely send out sketchy information supplied to them by the entrepreneur. This usually ensures that the venture capital management will turn down the proposal.

 

The reason a financial broker cannot prepare an effective business proposal is simple. He rarely knows your business as well as you do. He cannot write a proposal without your help.

 

It is prudent to have your banker, accountant and friends review the proposal. They may be able to suggest another point of view for you to consider.