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This webinar builds on Part 1 of this series (10th March), where Jim Gabriel, Entrepreneur in Residence at Bucks Health Tech & Digital Hubs, looks at how the financial model, from Part 1, will be critical in preparing you for investment.
Investors want to know why you are raising money – how much, at what price, for how long, and what their exit will look like. The financial model of your business converts your business plan into a realistic set of financial projections that support your decisions on pricing, licensing, hiring, the road to profitability, and therefore everything you need to justify your need for investment.
When raising investment, a realistic and flexible financial model is an essential part of your company’s documentation, enabling you to talk credibly and in depth about all aspects of your business