Law360, New York (October 21, 2009, 5:31 PM EDT) -- Today, the press and investment community regularly announce that “no capital is available.” But there is hope. Entrepreneurs who focus on the basics and go beyond the traditional steps of a capital raise with research, rigorous diligence, modeling, business plan and the “pitch” can be successful. Today’s capital-raising process requires entrepreneurs to focus on these important points:
Develop Good Habits When You Form Your Business
Investors are looking for businesses that control their cash expenditures, often called the “cash burn rate.” They are looking for lean...
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