Small Business Focus, Evergreen Content

How to raise funding (at each stage of your business’ growth)

The Money Show’s Bruce Whitfield interviewed Aurik Business Accelerator’s Pavlo Phitidis for his weekly small business feature.

Phitids spoke about how to raise funding through the different stages of a business’ growth.

For more detail listen to the interview in the audio below (and/or scroll down for quotes from it).

There are nine stages in a business’ growth. Funding is different for each phase.

Pavlo Phitids, Aurik Business Accelerator

Most people pitch the product. What you should be selling is yourself.

Pavlo Phitids, Aurik Business Accelerator

If the idea is a good one; you can negotiate equity based on delivery.

Pavlo Phitids, Aurik Business Accelerator

How do you turn away a funder? Show them projections on an Excel spreadsheet!

Pavlo Phitids, Aurik Business Accelerator

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Article brought to us by Old Mutual.


This article first appeared on CapeTalk : How to raise funding (at each stage of your business’ growth)


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