What are some common funding mistakes startups make?
Some common funding mistakes include not having a clear business plan, overestimating revenue, and neglecting to research investors.
Can you elaborate on how to avoid overestimating revenue?
To avoid overestimating revenue, conduct thorough market research, create realistic financial projections, and consider various scenarios.
What should I include in a clear business plan?
A clear business plan should include an executive summary, market analysis, organizational structure, product details, and financial projections.
How important is it to research potential investors?
Researching potential investors is crucial; it helps you find those who align with your vision and increases your chances of securing funding.
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