Get Funding With Your Business Plan

Business plans can be written for a number of reasons (ex. proof of concept, corporate planning, etc).  But, let’s face it, most people write a business plan because they want to use it to get funding.  For that reason, we’ve tried to make the funding process a little easier on you by providing the following two options:

Option 1: I already know some potential investors, but want to share my plan with them
If you fall into this bucket, count your blessings.  You’re much luckier than most of us.  Bizplan can help you share your plan with these investors.  You can invite them via the ‘Share’ tab in your Bizplan.com account.  Once they join, you can view the date that they last logged in and read any comments that they leave.  This is a great way to see if they’ve even looked at your plan and whether or not they’re interested.

Option 2:  I have no clue where to find funding, but I know that I need it
This pretty much covers most of us.  Don’t get overwhelmed, Bizplan can still help you.  We’ve partnered with GoBigNetwork.com, the largest site that connects businesses with funding.

Here’s how it works:  If you purchased the ‘+Funding’ package when you signed up on Bizplan.com, you can post a ‘Funding Request’ that reaches 20,000+ investors and lenders on GoBigNetwork.com at no extra charge.  You can get all of the instructions and post your funding request right on your Dashboard page on Bizplan.com.  If you didn’t purchase the ‘+Funding’ package, you can always upgrade on your Dashboard and get the ability to post a funding request on GoBigNetwork.com.

One last word about funding…..
The funding process can take quite a bit of time and depends on a number of factors including the amount of money you need, the type of funding you’re seeking, the strength of your business plan, and your management team.  With that said, we recommend that you get started on your search for funding right away.  If you know you’re going to post your funding request, do it now.  You can work on finishing your business plan while you’re searching for an investor that is the perfect match for your company.  It’s a bit like dating.  You’re going to talk to a lot of investors before you find ‘the one’.  In the mean time, you’ll have plenty of time to finish your plan.

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This entry was posted on Wednesday, December 16th, 2009 at 6:05 pm and is filed under Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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