Writing a comprehensive business plan is as important as pitching it to the right investor. Here are some tips. So you've got a fantastic idea, and you need the money to make it work. The first thing that comes to mind is a Venture Capitalist. The initial euphoria of investing in Internet start-ups has taken a cruel beating globally of late, and VCs are extremely cautious about whom they partner with for funding.
Today writing a comprehensive business plan is as important as pitching it to the right investor.
Here's how to find the right VC, and ensure that your start-up is funded. Try and find out which companies they have rejected too. This could help you avoid potential errors in approach. A very important factor is the domain knowledge and understanding of specific areas of technology that the VC will bring to the table. It is also a good idea to try and find out a little about the people behind the venture fund.