Get funding for the project
How do I get funding for the project?
You can convince a potential investor of the prospects of investing in the proposed project only if you can prove that the project will be profitable, that is, the generated cash flows will be enough to cover all the costs of economic activity, repay the loan and pay the established interest on it. To do this, a business plan is drawn up, which details the budget of the future enterprise, its personnel, the stages of launching production, and builds a financial model. At the final stage of preparation for project protection, an investment Memorandum is created — a presentation that provides the most important data for investors: payback period, profit, risk level, guarantees, and other parameters. Keep in mind that credit institutions often set their own requirements for the content and structure of a business plan, so you should initially write it in the format of the organization where you plan to apply for financing.
What is needed for this
Ilya specializes in marketing research projects, business plans and strategic consulting.
