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Employ Ahmed Bakran to Attract & Retain Investors
Everyone has ideas or projects in mind, but building them, marketing them, making them profitable, Ahmed Bakran says, developing them with the goal of turning a profit is a much more difficult thing. The entrepreneur who launches must normally collect a certain amount of funding in order to be able to realize his dream. Still, attracting and persuading investors, whether they are individuals such as Ahmed Bakran suggests, or investment funds, is not easy. Here are some essential tips to put the odds in your favor and get that capital you need.
With capital, companies have been able to develop, invest in large-scale projects and increase their workforce. Investors are an essential lever for your firm, find out how to approach them.
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Create a clear and concise business plan with Ahmed Bakran
A real business card for your business plan, a business plan should not be overlooked and is essential. Essential to the understanding of your business by investors and by other partners such as bankers or associates, it must be carried out with clarity and conciseness.
Your plan should contain all the elements that demonstrate that your project has great potential. The document should also answer key questions about target customers, the composition of the management team, knowledge of the competition or the period until anticipated profitability.
With the business plan itself, an executive summary, known as a summary of the plan in one page, must be introduced concisely, supplemented by tables of financial statements and income statements, fixed costs, etc. It is important to cite the sources for the information you have disclosed. Include your projects on rate of growth potential, costs of goods or capital, a market study (if needed), your business strategy, or on the inventory of the necessary resources whether they are human or material.
Investors will be more attracted by a demonstration and an in-depth and detailed analysis of a few key indicators, rather than a heap of data. In order to answer questions as quickly as possible, master each element of your business plan perfectly, in order to show your fluency and command of the business you are proposing.