“The way to get started is quit talking and start doing”. The thoughts of starting up your own venture sometimes can make your blood run cold. It might be due to the finances and expenses involved in it. Venturing into our own start-up is akin to running a car on a road full of speed breakers. With a ranking of 155th on the ease of starting a business in India, there aren't just speed breakers here, but the road is also graced with potholes and broken pavements.
Financing the business has been the biggest speed breaker for entrepreneurs looking to establish their businesses in India. Sometimes they get too involved in branding, products and pricing that financial planning is left behind the curtain. The most challenging task before venturing into a Start-up capital is usually seeking capital from private/angel investors. Other than that, the most common problems faced by new entrepreneurs in India regarding money generating sources are:
CMA data includes the current and projected financial statements of the company that is analysed by the investors for decision-making. A strong proposal plan is essential to request the funds for your project.