Backbone America

Funding Your Business

When it comes to seeking funding for your business, it’s important to approach funding institutes with a prepared and knowledgeable mindset. One common mistake that entrepreneurs make is to approach potential investors without a clear understanding of their own financial situation. This can lead to a loss of credibility and ultimately harm your chances of securing the funding you need.

Investors want to work with entrepreneurs who have a solid understanding of their financial situation and can articulate their business’s financial goals and projections. Without this knowledge, investors may view you as unprepared and lacking in credibility. They want to know that you have a clear understanding of your business’s financials, including revenue, expenses, and profit margins.

To avoid this pitfall, take the time to thoroughly analyze your business’s financials before approaching potential investors. Consider hiring a financial expert or accountant to help you prepare financial statements and projections that accurately reflect your business’s current and future financial health.

Additionally, be prepared to answer any questions that investors may have about your financials, such as your cash flow, debt obligations, and revenue streams. Demonstrating a thorough understanding of your financials can help you build trust and credibility with investors, increasing your chances of securing the funding you need to grow your business.

Create Your Financial Projections

Look Good When Your Face Investors, the Bank, and Grant Providers

One way to lose credibility is going to funding institutes unprepared. If you don’t know what’s going on financially with your business, investors aren’t going to give you the time of day. 

Going Prepared Means:

  • Shows your serious about your business

  • Shows you have a plan

  • Increases your chances of funding approval

Today, I’m providing you a Financial Projection Workbook.  Use the Financial Projection Workbook to prepare for your visit with investors. This Step-by-Step Workbook will help you put your best foot forward when seeking funding.

Your Financial Projection Workbook Includes

  • Instructions

  • Summary Sheet

  • Balance Sheet

  • Profit & Loss Statement

  • Cash Flow Statement

  • Loan Worksheet

  • Amortization Breakdown

Put Your Best Foot Forward


Financial Projection Cover