|
Below are questions frequently asked of us should you desire
to do business with our company:
What things do you wish to be involved?
Our company already has contacts for projects as well as
connections for investments as well as we are interest in
certain small business investments and projects. Many
times we simply assist others without any compensation when
we are able to have a healthy dialogue.
Does your company invest directly in small businesses?
Yes. However, we invest using our own assets and only
in projects that we have direct interest and excellent
connections to the owners. We must be comfortable with
both the type of business and the people owning and
operating it.
What is the first thing I must accomplish
to become recognized?
Write an executive summary no longer than three pages and
preferably shorter. Make sure that you provide an overview of
what you need in funds and what it is you will accomplish.
Remember you will obtain an investor’s or lender’s attention by
being precise and direct to the point. Verbose and lengthy
executive summaries lose the attention of the readers.
What is a pro forma document?
Pro forma as it is applied to the funding process is an income
statement simply laid out by years and expenses and revenue.
Although the presentation of monies is proposed and cannot
contain unforeseen expenses, it is important
to project accurately as possible your expenses and income.
Although you may wish to format this on a yearly basis you may
be requested by a investor or lender to map out the
information on a month to month basis.
Why is use of funds required?
Many times use of funds can be consolidated with the pro forma.
The use of funds may be part of your contract on how you are to
spend the monies received and also demonstrates why you need the
monies to meet your objectives.
What part does the business plan play in obtaining loans or
investments?
Your business plan demonstrates your thoroughness in thinking
through your need for the funds. It substantiates your figures,
facts and assumptions. You should also have third parties
involved in such things as marketing studies, appraisals and
other professionals to substantiate what you are stating. Many
times your dreams and ideas will lead you to think you are going
to excel in your project; however, a third party may or may not
support your thoughts.
Does your company accept all requests for funding?
Each request is reviewed to determine if it fits our investors
and/or lenders as well as can it be funded based on our criteria
as presented in your materials. Those requests which we feel
can be funded through our resources will be accepted.
|
