
Smart Business Ideas
A good business idea will leverage your existing knowledge and experience, or at least have low setup costs. It should also require little supply management or inventory control, which will shorten your time-to-launch and lower your expenses. During the due diligence process, investors will ask for a detailed business plan, financial projections, and other documents. Here are some tips on what to include: 1. Investors Data Room Investors want to see a lot of information and documents in order to do their due diligence. However, a startup may not want to give them access until they have vetted the investors and are confident that the potential investment is real. An investor data room is a great way to field many of the questions that investors have while still protecting sensitive…