It is notable that most young entrepreneurs are faced with the scarcity of the resources required to start their journey to a successful business. There are various channels that can enable the young entrepreneur’s access funds to finance their ideas and make them a reality. For the young business minds to acquire the resources, either from donors, grants, business angels and the financial institutions, they are required to convince the latter that their idea is viable and if implemented will lead to success in the business world.
Notably, all financiers are looking forward to making more money on their investment and are evading the risk of losing their finances. It is through this notion that a young business mind should convince a financier of the viability of their business idea through a clear and convincing presentation. The aim of the presentation is to provide the investor with an overview of the business that the young entrepreneur is willing to conduct. It is through the presentation that the financier will make a concrete judgment on whether to offer the business resources or not given the nature and clarity of the business. It is worth noting that financiers are businessmen and women who have been in the world of Business for a long time and thus according to Marc Sparks one should ensure that a presentation clearly convinces the investor.
In regard to the presentation, Marc Sparks states the four critical issues that should be outlined in the presentation. The first critical issue is making a point with every visual or image presented. One should ensure not to waste time in a presentation by providing unnecessary graphics that do not add meaning or value to the idea that one is selling to the investor. Ensure to have a viable data that can be backed by critical evidence in the world of research and business. Marc Sparks states that one should actualize their ideas through concrete data that would show the timelines and how the business is anticipated to grow. Another critical issue with a successful presentation is the notion of simplicity. One should ensure that the investor is able to grasp all the information provided by the presentation. Complicating the presentation reduces the confidence of the investor in the business idea ensure all is presented in a simple and clear manner.
The last issue in a viable presentation is ensuring that all the team members of the business are well outlined in the presentation. Their roles should also be outlined in the presentation. According to Marc Sparks ,this will ensure that the investor can grasp the organizational structure of the business to be started. Learn more: https://twitter.com/msparks5010?lang=en