finance

Top 5 reasons you MUST use a letter of intent to raise money for your company

Top 5 reasons you MUST use a letter of intent to raise money for your company

You started a new company. It exciting. In the beginning you self finance it. A little bit of savings. A great deal more in credit cards debt. But shortly thereafter you start to realize that your credit cards will not carry you far enough. You need help. And others ... if they only support your idea, they can profit from your success. So you decide to swallow your pride, put on your salesman's hat and try to raise money from family and friends. but where do you start?