GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The meeting is typically a two-day workshop including bankers, angel investors and the entrepreneur’s attorney
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The meeting typically lasts about an hour:30-minutes for a PowerPoint presentation, and 30-minutes for questions.
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The presentation should be informal, unrehearsed and avoid using PowerPoint slides so it does not appear “canned".
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The presentation should focus on the technology that will go into a new product or service because investors want assurance that the venture is based on sound technology.
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Detailed explanation-1: -Which of the following BEST characterizes the first meeting to present the business plan to investors? The meeting is typically a two-day workshop including bankers, angel investors and the entrepreneur’s attorney.
Detailed explanation-2: -1. Do Your Research. Conduct detailed research into the industry, target market, existing customer base, competitors, and costs of the business begins the process.
Detailed explanation-3: -Executive summary The first and most important section, summarizing everything you hope to accomplish with your business.
Detailed explanation-4: -Step 1: Establish your mission. In essence, your mission statement explains why your business exists. Step 2: Analyse your SWOT. Step 3: Develop a plan. Step 4: Create a budget. Step 5: Put it in writing. Step 6: Make it a living document.
Detailed explanation-5: -Tell a story. A common topic among experts was the need to be personable and create a narrative. Define the problem. You might be head over heels about your business concept. Practice as much as you can. Be realistic. 21-Feb-2023