公司的融资【外文翻译】.doc

公司的融资外文翻译 Financing Your Company Material Source: //.//0.///./login.aspx?ReturnUrlhttp%3a%2f%//.//.%2fNSTLAdvancedSearch.aspx Author: Robert A.S Once a company is formally established, the next step is that of raising capital ? and certainly plenty of it. Raising money for a start-up company may be the single most arduous, and time-consuming activity undertaken during one’s career. The decisions made regarding company financing impact its future growth opportunities, so it is important to understand the myriad of issues involved withfinancing choices. Proper financial planning is of such critical importanceIn this chapter, we discuss how much money is needed, how long it takes to find it, and where to go to seek funding. If a company carefully manages their product’s development and consistently meets key development milestones in a timely manner, they will greatly improve their chances of securing the capital needed. Being properly prepared and learning some key aspects about funding will make this challenging job more rewarding. In the following section, I would like to share with you several notions that are important to understand before raising capital. The total amount of money a company needs, depends upon the product and company business modelBefore raising money ,determine the amount of money needed for the specific product, and estimate the amount of money needed to move through to each product development stage. When calculating the needed capital, be sure to include all expenses in addition to product development costs, such as market development and corporate development costs. There are two pitfalls when projecting financial requirements. The first one is estimating that less money is required than really needed. This is a common problem for first-time entrepreneurs because they are not familiar with development costs, or the obstacles and types of delays that increase costs. A good way to avo