What can I provide as the best security for someone to invest in my business startup?

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My answer to What can I provide as the best security for someone to invest in my business startup?

Answer by Ken Larson:

A solid business plan.

Evolve your plan as follows

Give your start up idea the following test:

1. Do you have a product or service niche in mind?

2. Do you believe you have a market for 1 above and the means to reach it?

3. Are you willing to develop a business plan using the tool kit linked below to validate 1 and 2 above before you launch?

If the answer to the above questions is yes than take the actions indicated, observe the results, then make an informed decision on whether or not to proceed.

How to Write a Business Plan

Free Business Plan Samples

When you have developed the above road map you will be able to pitch it with confidence because you have first convinced the most important person to your enterprise that it swill be a success – you.

What can I provide as the best security for someone to invest in my business startup?

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About rosecoveredglasses

2 Tours in US Army Vietnam. Retired from 36 Years in the Defense Industrial Complex after working on 25 major weapons systems, many of which are in use today in the Middle East. Volunteer MicroMentor. I specialize in Small, Veteran-owned, Minority-Owned and Woman-Owned Businesses beginning work for the Federal Government. MicroMentor is a non-profit organization offering free assistance to small business in business planning, operations, marketing and other aspects of starting and successfully operating a small enterprise. You can set up a case with me at MicroMentor by going to: http://www.micromentor.org/ key words: "Federal Government Contracting"

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