Fundraising for For-Profits

Program Objectives (1 of 3) Understand what Financing for For-Profits encompasses Why you should raise funds for profitable businesses Comprehend how much money you should raise for certain projects Page 2 www.readysetpresent.com

Program Objectives (2 of 3) Learn how to acquire a loan Explore the different sources for credit Comprehend the function of venture capitalists Page 3 www.readysetpresent.com

Program Objectives (3 of 3) Learn about the SBA, State Agencies, and “Angels” Understand the different signs of dangerous debt How to make the best of banks and financing companies Page 4 www.readysetpresent.com

What is Fundraising for For-Profits? Page 5 www.readysetpresent.com

What is Fundraising for For-Profits? (1 of 3) A for-profit business is an business looking to compile revenue Any for-profit business needs funding to succeed This is where financing for for-profits comes into the picture Page 6 www.readysetpresent.com

What is Fundraising for For-Profits? (2 of 3) For-profits might need funds to restructure operations Start a new business Start a new product Page 7 www.readysetpresent.com

What is Fundraising for For-Profits? (3 of 3) Financing for for-profits requires a business plan Lenders/investors Strategy Page 8 www.readysetpresent.com

Eight Easy Tips for Fundraising Page 9 www.readysetpresent.com

Eight Easy Tips for Fundraising (1 of 8) Build a business plan You have to know how you plan on running your business to form a potential investor or lender You have to be able to communicate this plan Page 10 www.readysetpresent.com

Eight Easy Tips for Fundraising (2 of 8) Make sure you have personal or family money When you buy a business, 20 to 50% will come from you and your family To be take seriously as a potential small business buyer, you need between 50 and 150 thousand of ready cash for a down payment and working capital Page 11 www.readysetpresent.com

Eight Easy Tips for Fundraising (3 of 8) If you want to sell your business, self-finance your endeavors Sellers typically finance from 30% to 70% of the selling price Sometimes, banks will only participate when there is a large amount of seller financing to indicate that the business is sound in the eyes of the seller Page 12 www.readysetpresent.com

Eight Easy Tips for Fundraising (4 of 8) Don’t count on banks without experience If you’re a first time business buyer with no direct experience in that business, rejections rates exceed 80% If you have experience, banks will finance 50-80% of real estate values, 75-90% of new equipment values, 50% of used equipment, and 25-50% of inventories They don’t finance intangible assets, except accounts receivable, which they will finance 80-90% Page 13 www.readysetpresent.com

Download “Fundraising for For-Profits” PowerPoint presentation at ReadySetPresent.com 155 slides include: 9 points on what fundraising for-profits is, 27 points on 8 easy tips for fundraising, 4 points on angel investors, 16 points on if your business is suitable for angel investment, 4 points on venture capital, 7 points on venture capital firms, 5 points on venture capitalists, 12 points on if you should use venture capital for financing, 17 points on bewaring of debt overload, 20 more simple debt indicators, 16 points on how much money you need, 6 questions to determine startup cost, 15 points on borrowing money from friends and family, 13 points on seller financing, 6 points on why a seller would offer financing, 6 points on why a buyer should ask a seller for financing, 16 points on how seller financing is usually secured, 11 points on how both the buyer and seller can benefit, 26 points on types of business loans, 31 points on applying for a business loan through a bank, 12 tips for getting a bank loan approved, 6 points on the government’s role, and finally 16 action steps. www.readysetpresent.com Page 14 Royalty Free - Use Them Over and Over Again.