If design and development are big aspects of your business, include a budget.\u00a0 Your costs should include things like labor, materials, and consulting fees.\u00a0 Don’t make the mistake of under-estimating your development costs, because this may hurt your cash flow projections.\u00a0 It’s a good idea as well to incorporate a 15 to 30 percent cost contingency factor into your projections.<\/p>\n
Don’t make the mistake of comparing the technology you are working with now and will have on the market in a year or two with what the competition has now.\u00a0 Instead, compare your product to what the competition will have at the same time as you are in the market.<\/p>\n
Stop yourself from using detailed technical terminology.\u00a0 Investors, like us, don’t like to work too hard in reading a document.<\/p>\n
It may be more compelling for you to present your technical team rather than the research they are doing.<\/p>\n
A young man, to achieve, must first get out of his mind any notion either of the ease or rapidity of success…Nothing ever just happens in this world:\u00a0 Everything is brought about.\u00a0 Success never comes to a man of its own volition:\u00a0 It will meet a man halfway, but it will never come to him all the way.\u00a0 Edward W. Bok.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" If design and development are big aspects of your business, include a budget.\u00a0 Your costs should include things like labor, materials, and consulting fees.\u00a0 Don’t make the mistake of under-estimating your development costs, because this may hurt your cash flow projections.\u00a0 It’s a good idea as well to incorporate a 15 to 30 percent cost […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":39,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-104","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/entre-plan.com\/index.php\/wp-json\/wp\/v2\/pages\/104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entre-plan.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/entre-plan.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/entre-plan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entre-plan.com\/index.php\/wp-json\/wp\/v2\/comments?post=104"}],"version-history":[{"count":1,"href":"https:\/\/entre-plan.com\/index.php\/wp-json\/wp\/v2\/pages\/104\/revisions"}],"predecessor-version":[{"id":105,"href":"https:\/\/entre-plan.com\/index.php\/wp-json\/wp\/v2\/pages\/104\/revisions\/105"}],"wp:attachment":[{"href":"https:\/\/entre-plan.com\/index.php\/wp-json\/wp\/v2\/media?parent=104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}