You & Your Team
It’s a well-worn business cliché, but of critical importance – PEOPLE INVEST IN PEOPLE.
Arguably the most important element of any project or business, when seeking additional capital is THE TEAM, the people running the business. And upon whom providers of finance will rely for projected returns. Even if you are a single Founder, it is vital you show that you recognise the absolute and critical necessity of having a strong team in place, as your business expands.
Start-ups, or early-stage businesses, especially those operated by a single Founder, or even by two individuals, should ideally include in their financial projections, additional personnel costs.to fill team gaps – relevant, experienced individuals, or at the very least, in the short term, reliable external services.
Especially important will be a very competent and experienced Marketing and Sales function and also ensuring that solid Financial Management and Control is in place.
