Planning to start a business? You have a great idea, you have the will and you know you will. Ever thought of the capital or funding required fulfilling your dream?
Launching any business requires capital investment. Funding makes your business initiatives with a strong base and helps to expand and grow further. Finding funds for a start-up business can be sometimes challenging and tiresome task but seed funding can help you in turning your dreams into reality.
Seed funding is the funding of business at the earliest stage of its life cycle. It is the first official funding stage to invest in:
- Market research
- Pay salaries
- Start production
- Market creation/penetration
- Brand creation
- Team growth
The seed funding arrangement is mutually beneficial for both business and investor. The business receives essential capital to begin trading, and the investor acquires some ownership of the business. For any startup that wants fast growth, seed funding plays a big part.
If you are willing to get seed funding to nurture your business, you need to convince investors of long-term growth prospects.
For this, you have to focus on how and in what direction you choose to take the company in a five, 10, 15-year projection.
You still need a pitch deck to begin raising capital even at this early stage. Pitch decks tell investors everything they need to know about your startup, the product, the market and your financial projections for the near- and long-term.
Focus on your presentation before investors. Most investors will require an in-person presentation before committing to your company. Presenting your business comes with the territory, and it’s certainly the most nerve-wracking part of the process. So, keep your presentation simple.
Make sure you get any deal in writing, especially if an investor is committing their time and resources. Never accept vague pledges, as this could lead to disputes and misunderstandings further down the line.
If you are actively looking for business capital, ‘Shilpkar’ offers seed funding for start-ups and MSMEs. Mumbai-based ‘Treta Marketing and Services Pvt Ltd’ is all set to kick start ‘Shilpkar’, an organization to encourage new enterprises by providing them seed funding in the range of ₹ 15K to ₹ 15 Lakh.
‘Shilpkar’ is going to organise an event very soon where potential beneficiaries will be given an opportunity to pitch their business idea.
With the mission to promote new ventures…new thinking ‘Shilpkar’ also seeks to motivate and push local and indigenous businesses and keep them at par with other rising companies by offering offer a no-cost or low-cost business development mentorship, capital arrangement, technical assistance, and other related services to budding entrepreneurs of the country.
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www.shilpkar.live