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Small Business Boomers

Tips on Raising Money

by Darlene McDaniel on May 1st, 2007

Consultants Corner on MSNBC  invited Alan Grafman, operating Partner of the private equity fund, Mercury Capital Partners to share some great tips for Raising Money.

Here are Alan Grafman’s Tips:

Know the difference between what you want and what you need. Focus on what you need!

Don’t underestimate what you need 

Don’t get distracted

Two-page summary /3-5 sentences of every key item or challenge you face

Have a detailed Business Plan - Save for those who express serious interest

Consider pros and cons of hiring outside assistance

Listen to the market.

Do you know how to raise money for that business idea you have? Maybe you need more investors. Take a look at this 2:51 second video presentation. Great tips for any business owner needing more mula!

This video is powered by MSNBC. Click here to begin and scroll down to “Raising Money”, MSNBC.

 

POSTED IN: Finance, Sharpening The Saw

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