Attracting investments is a fantastic opportunity to obtain the necessary funds for business development. However, no experienced entrepreneur will invest their money in a project that lacks a clear business plan detailing all sources of income and expenses. Documents are thoroughly vetted. Therefore, it is crucial to present accurate figures and avoid embellishing data. Attracting investment is a wonderful opportunity to secure the funds necessary for ...

... for individual entrepreneurs - tax returns on income. Bank statements confirming cash flows may also be required. Stable revenue and profit, an acceptable level of debt burden are important. If the purpose of the loan is to develop a new project, a business plan or financial plan may be required showing how borrowed funds will help increase income. Credit history. The borrower's reputation in credit bureaus plays a big role. The bank will check how the company or individual entrepreneur serviced previous ...

... give up and to try again. How to Start a Business as a Student: Essential Tips for a Successful Launch Starting your own business during school years is an exciting idea that can open numerous opportunities. However, it's important to remember that business demands effort, planning, and responsibility. To help students successfully launch their endeavors, here are several key tips to avoid common pitfalls while starting with minimal investments and maximum interest. 1. Identify Your Skills and Interests Before diving into ...

... Acquaintance can occur at specialized events (pitch sessions, startup conferences), through personal contacts, or through accelerators and online platforms. At this stage, the startup presents its idea or product (for example, through a pitch presentation or business plan), and the investor evaluates the overall potential and decides whether to study the project in more detail. Preliminary agreements (Term Sheet). If the project has generated interest, the parties proceed to discuss the terms of a potential deal. ...

... take specialized courses. Build a network of contacts. Join business angel clubs, participate in startup events and forums to establish contacts with other investors and startup founders. Project evaluation. Learn how to analyze startups, study their business plans and understand which of them have potential for growth. Mentoring. Be prepared not only to invest money, but also to help the startup with your experience and knowledge. 1. Alexander Galitsky Known as: One of the leading business angels and venture ...