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4 Considerations to Keep in Mind When Talking to Funders
SME Evolution Program

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Module 1 | SMEEP | |
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Unit 1 | Setting UP a Strategy | |
Unit 2 | Innovation Process | |
Unit 3 | Essential Leadership Skills | |
Unit 4 | Tips for Building the Right Team | |
Unit 5 | Steps to Launch Any Marketing Campaign | |
Unit 6 | 2 Essential Sales Skills that Everyone Should Learn | |
Unit 7 | 5 Important Legal Documents to Have in Any Organization | |
Unit 8 | Important Financial Statements | |
Unit 9 | Successful Project Implementation | |
Unit 10 | 3 Things you Should Know About your ICT Environment | |
Unit 11 | 4 Considerations to Keep in Mind When Talking to Funders |
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Hi, In this video you will learn about what you should focus on when you want to expand your business.
As the businesses become more successful, you may look for an expansion of your business by getting access to funders which could provide you with capital or debt.
Four things that funders look for when backing a business:
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The financial statements to ensure that the business is healthy and that with more money it can be even healthier.
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The strength of the strategy to ensure that competitors wouldn’t be easily able to challenge your offerings.
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The strength of the team that is managing the business and how well can that team overcome challenges and attract more great talent.
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Traction that the business already has with clients or users which give credibility that the products or services that are being offered are in high demand.