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Entrepreneurs urged to take advantage of venture capital Trust Fund
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Comment to Article
08-31 17:06
Don't mislead us Mr. Venture Capitalist
In an ideal world, Venture Capitalists assist startup companies by injecting capital in their infant businesses in return of Equity Shares. Unfortunately, that's not the case in Ghana. They only invest in already establis
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GEE
08-31 17:06
you are misinformed
I am not exactly certain where you're getting your facts from or your educational backgroud. In all studies in business world, venture financing requires a business plan and focast eventhough the business maybe in its initial
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kwaku
08-31 19:56
To Kwaku
Kwaku, I'm aware of all the points you've pointed out, the cashflow projections etc,, forms part of the business plan and the executive summary. My issue here is, why ask for a 3yrs financial statements from a start-up bu
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GEE
08-31 21:11
Help me GEE.
I did not see any 3 years financial statement on the screen.Can somebody help me? This is another form of business funding,there are several others eg.stocks, loans,debenture etc. the mention of it does not compel anyone to g
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RTK
08-31 23:12
To RTK
"They stressed the need for prospective businessmen to provide AUDITED FINANCIAL STATEMENTS before they could qualify for membership" Honourable RTK, I can assure you that the Audited Financial Statements required by them
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GEE
09-01 05:16
response
Hello Gee, your points are well taken. However, I differ somewhat on the issue of financial statments requirement. As you know most small businesses fail within 12-24 months.And not to mentioned shaddy business who wants take
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kwaku
09-01 10:09
Gee , You are right
GEE, I agree with you. Most of these so called VC just want to take the idea from you so that they do it themselves or give it to someone they know so that they can benefit. I am yet to see something different done in this ki
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Kwame Sarpong
09-01 10:56
en
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