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Durham Business Networking print

Are You A Fundable Business?

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Being fundable means, that your business has the potential to secure financing or investment from external sources such as banks, venture capitalists, angel investors, or any institution that offers financial assistance to businesses.

To be considered fundable, a business must typically demonstrate several key characteristics:

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Strong Business Model
Experienced Management Team
Clear Market Opportunity
Scalability
Financial Projections

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Strong Business Model

A strong business model focuses specifically on how a company plans to generate revenue and create value for its customers, and it is a critical component of a well-rounded business plan.

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Experienced Management Team

Financial Institutions look for several key attributes in an experienced management team when evaluating potential investments.

Here are some of the most important factors:

▪ Relevant Experience
▪ Track Record of Success
▪ Complementary Skill Sets
▪ Leadership Skills
▪ Commitment to the Company
Relevant Experience
Track Record of Success
Complementary Skill Sets
Leadership Skills
Commitment to the Company
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Clear Market Opportunity:

You should be able to clearly articulate the market opportunities your business plans to target and how it plans to capture a meaningful share of that market.

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Scalability:

Your business should have the potential to scale rapidly and generate significant returns for investors.

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Financial Projections

The business should have realistic financial projections that demonstrate the potential for profitability and a clear path to achieving its goals.

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Overall, being fundable means.

Having a solid plan, strong leadership, and a compelling opportunity for investors. By meeting these criteria, a business can increase its chances of securing financing or investment to support its growth and success.

Join us on March 16, from 6Pm to 8PM as we break each area down. Share this newsletter with someone. I promise, they will thank you.

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Durham Business Networking Directory Launching April 3, 2023

We are committed to helping local businesses succeed, and we believe that your business would be a great addition to our directory. We invite you to take advantage of this opportunity to grow your business and increase your online visibility with our growing audience.

Joining the directory is quick, easy, and completely free. By listing your business, you will be able to provide potential customers with essential information, such as your business address, contact details, operating hours, and a brief description of your products or services.

Moreover, our directory is search engine optimized, which means your business will appear in the top search results when potential customers search for keywords related to your business.

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See you at the next Durham Business Networking Event. Thursday, March 16th, 6pm to 8pm Click the link below to register.

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Vending Opportunities Are Available

We have 3 vendor tables available. To secure a vendor's table go www.durhambusinessnetworking.com

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