The answers to these questions will give potential clients a full understanding of your business model and how it works. It will also help them feel more comfortable investing in your business. You don’t want to have to finance the project with your own credit if you can help it.
Your target market/market analysis
After explaining your product or service and your business model, you need to identify your target market. This is the group of people who are most likely to use your product or service.
When determining your target market, you should consider linkedin data factors such as age, location, gender, income, and interests.
Additionally, you should also conduct market research to determine the size and needs of your target market.
This way you can ensure that your proposal is tailored to their specific needs and requirements. Remember, the main goal of your investors is to opt for safe investments.
Your competition/competitive analysis
To stand out from the competition, you must first understand your competitors. This involves conducting a competitive analysis to determine your main rivals and what they offer.
Additionally, you should also find out what makes your product or service unique and better than your competitors.
Understanding your competition can effectively position your business to win over potential customers.
One pitfall to watch out for is to avoid claiming that your product or service will capture a larger share of a significant market.
For example, let’s say you create a new app for real estate construction.
While it’s fine to advertise that your app will be the an essential most to help you create follow-up emails popular in its niche, don’t try to claim that it will take over the entire real estate market. That’s simply not realistic and will only make your proposition seem unbelievable.
Your team
Therefore, you should include information about your team in your investment proposal.
Investors want to know who is behind the company and what they bulk lead bring to the table. Include information about your team, including:
- Name, title and role of each team member in the company
- The qualifications and experience of each team member
- How each team member contributes to the business
This is a great way to demonstrate to potential investors that you have a strong and capable team ready to take your business to the next level.
Secure outside advisors and consultants, so potential investors know you have a complete unit.