5 Steps to Get a Series A Funding
So, you think you are ready to grow a business but do not have enough funds? If yes, then you probably have come across the strategy of most startup companies in Singapore called Series A funding. This is the first round of capital that came from professional investors who believe in your business!
Here are the steps to get you closer to getting that!
Produce a future-proof business plan
Remember that investors want something solid so your business plan should not only be composed of your ideas. It should have a financial forecast that is based on your current performance! Double-check the numbers to make sure that you are not making the slightest mistake that will render your company penniless.
Look for suitable investors
This is all part of the hard work so make no mistake on identifying investors who have available funds and inclined to invest it in your kind of company. As much as possible, look for ones who have already established a venture capital portfolio!
Organise your paperwork
There is a legal procedure that should be followed when you wish to get a Series A funding. This includes acquiring your company’s registrations, liabilities, share ownership, and regulatory compliance that will prove that you are official. These and other more documents are needed by the investor due diligence.
Reach out to them
Golden equator ventures are one of the companies that look for investors and consumers to elevate the tech market! Try reaching out to these types of venture capitalists to ensure that you are in the right circle, wherein your tech company can flourish!
Prepare to negotiate
Expect to have a serious discussion about the funding, if you ever get to get a hold of investors. This may include agreements on conducting business valuations and other terms that will help you and your investors to finalise your Series A funding. Also, it is advisable to get in touch with a lawyer to help you draw up some contacts.
Ready to push your business to the next level? Get your Series A funding in Singapore from Golden Equator Ventures today! Visit their website to know more about what they can offer you.
Resource:
https://visual.ly/community/Infographics/business/5-steps-get-series-funding
