The Seed Stage is where the Entrepreneur has the most
control on developing the business. It is prior to outside capital,
unless of course the Entrepreneur or principals have invested their own
seed capital.
The Seed Stage has the following characteristics:
- The Entrepreneur idea is being flushed out
- The Business Plan is in development
- The Principals are recruiting their management team
- Initial Capital Requirements is determined and sought
- The Company most likely has no revenue or very little
- Establishing your legal structure
To read the full, original article click on this link: Entrepreneur control is greatest during the seed stage
Author: SBENCO
