Zak Parker
Don’t expect the investor to pay off any personal loans or investment you’ve made in your start-up business. Investors expect their money to push the company forward not to pay off past debts. Have a detailed plan on how any investment will be spent. For example, if the money is to expand marketing programs outline the specific tasks, how much those tasks will cost, who will be responsible and the expected results.
Contributors: Dee Power from Profit Dynamics Inc.
