what to write initial investment/capital in family business plan
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what to write initial investment/capital in family business plan
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Answer:
Have a solid business plan
Whether you’re asking your best friend or going to the Bank of Mom and Dad, you need to treat the discussion like you would with a banker. You wouldn’t get a bank loan without a business plan, and you shouldn’t expect your family and friends to invest in your company without one either. Your business plan should include your financials, milestones, and metrics that make it clear how you plan to make your venture profitable.
Explanation:
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