Create a fundraising plan

Instructions

Identify why you want to raise capital for your business.
Consider what it will do for you and what the opportunity offers to potential investors.
Meld your business plan with your fundraising plan.
Break down the amount of capital required by funding rounds and business milestones spread over an 18- to 24-month period. Here is the framework for the key business milestones:
a) Idea conceptualization
b) Market research
c) Business plan creation
d) Testing the waters
e) Finding your cofounders
f) Making key hires
g) Building a board
h) Prototypes & beta testing
i) Launch of a minimum viable product
j) Expanding early adopters and users
k) Gaining revenues
l) Proof of demand and potential for scale
m) Breakeven point