Writing on the blog sponsored by the Rockstar Group, a U.K.-based entrepreneurial consulting firm, social media strategist Laura Hillman describes “10 commandments” to secure angel investment:
1. “Better the devil you know.” Prove your in-depth knowledge of your own business and that of your primary competitors by presenting potential investors with a comprehensive business plan a week before your pitch meeting. Include a description of your business, financial projections for the current and next two fiscal years, and background on your management team, short- and long-term business objectives, key products and services, target market, competitors, and main suppliers. The business plan also should touch on your marketing and sales strategies and your long-term exit plan. “Writing a detailed business plan requires succinct writing skills, clarity of style, and in-depth knowledge of your marketplace,” Hillman writes.
To read the full, original article click on this link: Follow these ‘10 commandments’ to secure angel investment | Technology Transfer Tactics
