Paper Presented at NECA Workshop for Women Entrepreneurs

1
HOW TO ATTRACT FUNDS FOR YOUR BUSINESSKOLA
OWOLABI Daniel Institute of Business Strategy

• Paper Presented at NECA Workshop for Women
  Entrepreneurs

2
FOUR POINT ACTION PLAN

• Start with what you have
• Start where you are
• But dont stay where you are and with what you
  have. Seek means to grow fast.
• Raise your money on Paper first

3
BEFORE YOU GO SEARCHING FOR FUNDS

• Prepare a business plan
• Do A Self Analysis (Of Yourself And Your Present
  Business)
• Prepare An Information Memorandum

4
PICKING THE RIGHT STRATEGY FOR RAISING CAPITAL

• If you are starting a business from the scratch.
• If you are looking for working capital
• If you want to procure fixed assets
• If you want to expand your existing business
• If you want to diversify into another business
• If you want to enlarge your ownership base to
  ensure long-term survival of the business

5
PICKING THE RIGHT STRATEGY FOR RAISING CAPITAL
If you are starting a business from the scratch.
assets sale,
family sources
Personal Savings
partnership
grants,
gratuity/pension benefits
incubator
6
PICKING THE RIGHT STRATEGY FOR RAISING CAPITAL
Looking for working capital
private placement of shares
credit purchase
retained earnings
upfront payment
credit card finance
7
PICKING THE RIGHT STRATEGY FOR RAISING CAPITAL
Want to procure fixed assets
private placement of shares
lease purchase
bartering
syndicated personal loan
venture capital
8
PICKING THE RIGHT STRATEGY FOR RAISING CAPITAL
Expand existing business
Internet sources
insurance pay-off
retained earnings
private placement of shares
bartering
cooperative
9
PICKING THE RIGHT STRATEGY FOR RAISING CAPITAL
To diversify to another business
venture capital
angel investors
mentor funding
NGOs
10
PICKING THE RIGHT STRATEGY FOR RAISING CAPITAL
To enlarge your ownership base to ensure
long-term survival of the business
Initial public offer (IPO)
private placement
partnership
pension funds
syndicated personal loan
11
PICK YOUR OWN STRATEGY NOW
WHY DO YOU WANT TO RAISE CAPITAL?
------------------
---------------
---------------
---------------
--------------
12
THANK YOU