How To Get Capital Funding For Your New Venture

By Author: Amit Kothiyal
Total Articles: 287
Comment this article

The topic of capital funding is one with volumes upon volumes of information available, but it is important that you get a general idea of the process before taking any steps to get started. You will want to have a clear idea of your goals and objectives before any attempts to raise capital.

This article will go over a number of tips and recommendations to help you get started with your new venture so that you can gain the capital necessary to be a success.

Before getting started, be sure you know the answer to some very important questions. Why are you raising money? What do you need it for, specifically? How long will it take to spend it all? Why do you need this money from venture capital? When will you start to see a return? Knowing the answers to these questions will impress those looking to fund a new venture.

Choose your source of funding carefully. Consider whom you are meeting with, their level of expertise, and what they have to say about your business plan. The more involved they are with the process, the better it is for your cause. Also look into their financial ...
... history to make sure they are a reliable source of funding.

It is important to do research, but don't be too picky when planning meetings. This is a numbers game, after all, so the more people you meet with the more capital you are likely to secure. Even if you don't think you want to network with a particular funder, you can learn a lot from meeting with them.

Be aware that raising capital can be a full time job. Do not attempt to take on this task if you have to worry about other obligations. If you are too busy, set up a consultation or hire someone to do it for you. Bertram Capital is a great source of capital knowledge and experience, for example.

Always be on time and well prepared when meeting with potential providers. Always turn off your cell-phone or beeper before entering a meeting. No one will want to lend a hand (or their finances) to someone who appears unprofessional or disrespectful.

Now you know some of the basics about how to get capital funding for a new venture. To learn more, speak to a professional, such as Jeff Drazan of
Bertram Capital.

Jeff Drazan oversees Business Services, Manufacturing & Operations and Technology investments for Bertram Capital. Jeff Drazan was previously a co-founder and Managing Director of Sierra Ventures, a Silicon Valley venture capital firm with $1.5 billion under management. Prior to Sierra, Drazan served in a variety of operations and R&D management positions at both AT&T and Bell Laboratories.