Are you looking for funding for your project?

Funding is considered the biggest obstacle for small projects, especially for startups. Many great ideas are buried due to the lack of funding for these projects.

Every small project will need funding, whether for establishment or later for expansion. It is important to know that when seeking funding from a bank, a supporting funding entity, or even investors from the business community, there are certain expectations that the funder will have from the project.

You can easily increase your chances of securing funding by presenting your project in a way that ensures the funder’s expectations are met or even exceeded.

For example, funding entities are interested in ensuring that the project can operate and generate money to easily repay the loan. On the other hand, a bank will be concerned with the project’s ability to repay the loan along with the financing interest. Additionally, the bank will want to ensure that there are fixed assets in the project to guarantee a reasonable amount of cash after liquidating those assets in case the project faces difficulties.

As for investors, they want to ensure good profitability in relation to the high risks they are taking. Therefore, we say to anyone looking for funding: you need to understand the funding party and choose the appropriate way to present your project.

In short, if you want to easily obtain funding from any party, you should prepare the following:

An initial feasibility study.

A practical business plan.

A list of expected cash flow for the project.

As mentioned earlier, you should consider the funding party. As the saying goes, "there is a way for every chief." For example, banks accept low profits with low risks, while businessmen may overlook risks if there are good profits to be made.

Do not hesitate to leave your opinion here, as funding is one of the most critical issues hindering small projects, and a significant percentage of small projects exit the market due to a lack of working capital.