Startup due diligence is one of the most important components of the funding process for a new business…
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All companies face risks, and startups are no exception. As you seek financing from third parties, remember that once financing is obtained, the resources of those outside investors now face the same risks as your personal resources.
Entrepreneur’s often make these simple mistakes during due diligence that cost them the ability to receive funding. Do any apply to your startup?
30+ Questions You Could be Asked About Your Startup During a Screening Meeting with an Angel Group
There are a number of reasons startups ultimately fail to obtain funding. The following due diligence showstoppers are often overlooked by the entrepreneur.
The “Sparkling City by the Sea” is driven largely by the oil industry. Corpus Christi’s been ranked as a Top 5 City for Hispanic entrepreneurs, and Texas itself is considered one of the best states to start a business.
Asheville is a dynamic artistic, historic, and scenic hub nestled in the blue ridge mountains of North Carolina. Entrepreneurs across the east coast flock to this area as it’s consistently ranked as one of the best cities to start a business.
As Angels and VCs are tightening their fists, entrepreneurs are less likely to get next stage funding. Having a great team, pitch and front man are simply not enough.
Nicknamed the “Heart of New York,” Syracuse has morphed from a major manufacturing city to a growing center for entrepreneurship, especially for students.
Centrally-located city near a number of famous landmarks, Flagstaff is perhaps best known for its tourism economy. That said, the city is home to several manufacturing and medical technology companies in addition to major observatories.