Wednesday, August 26, 2020
Multi-Layered Security Plan Essay Example for Free
Multi-Layered Security Plan Essay Ensuring delicate or private information is foremost in numerous organizations. In the occasion such data is made open, organizations may confront legitimate or budgetary implications. In any event, they will endure lost client trust. Much of the time, in any case, they can recoup from these budgetary and different misfortunes with suitable speculation or remuneration Having data of various security levels on a similar PC frameworks represents a genuine danger. It's anything but a straight-forward issue to seclude distinctive data security levels, despite the fact that various clients sign in utilizing various records, with various consents and diverse access controls (Red Hat, Inc. 2006). Underneath I have recorded the IT foundation of Richman Investments alongside suggestions in every framework on levels of security that ought to be executed for a progressively secure system. IT Infrastructure Affected 1. Client Domain: The individuals who get to an organizationââ¬â¢s data framework. * The main thing that ought to be executed is a required Computer Security instructional meeting to teach the clients on the best possible utilization of work PCs. 2. Workstation Domain: Users (most) interfacing with the IT framework. * The workstation space accompanies its own issues, for example, unapproved access to the framework, the best approach to fix this issue is actualize get to strategies and rules. 3. LAN Domain: An assortment of PCs associated with each other or to a typical association medium. * Implement second or third level personality check to access delicate frameworks, applications, and date. Keep all equipment in a safe area with get to just with appropriate ID. 4. LAN-to-WAN Domain: Link between the Wide Area Network (WAN) and the Internet. * Conduct post design entrance trial of the layered security arrangement inside the LAN-to-WAN Domain. Test inbound and outbound traffic and fix any holes. Likewise, apply email server and connections antivirus and email isolating for obscure record types. Stop space name Web webpage get to dependent on content-separating strategies. 5. WAN Domain: Wide Area Network (WAN) associates remote areas to the Local Area Network (LAN). * Encrypt classified information transmissions through specialist co-op WAN utilizing VPN burrows. 6. Remote Access Domain: Connects remote clients to the organizationââ¬â¢s IT foundation. * Remote Access Domain, Being that the clients are off site it is difficult to state that the clients secret phrase data has not been undermined. In such situations when variations from the norm are spotted or information is gotten to without appropriate approval, information ought to be totally encoded to keep any delicate materials from being sold or introduced to the open market. 7. Framework/Application Domain-Holds all the strategic frameworks, applications, and information. * Develop a business congruity plan for crucial applications giving strategic strides to keeping up accessibility of activities. Perform ordinary thorough programming and Web-application testing and entrance testing preceding dispatch.
Saturday, August 22, 2020
The Development of Scientific Management free essay sample
The Development of Scientific Management BY 51067685 With the improvement of logical administration, innovation, and beneficial force, the items concerning the metal Magnesium have been created in a differentiated manner including MGM molecule, MGM composites, MGM powder, MGM ingot, MGM stick, MGM conciliatory anode and elite conciliatory anode and so on. The metal MGM, 2/3 thickness of the metal Aluminum, is perhaps the lightest metal. The potential utilization of the metal MGM is vital particularly under todays circumstance that vitality has been enormously needed of and ecological insurance extraordinarily stressed. Having rich stores under the earth, the metal MGM is of excellent characteristics like high enemy of seismic ability, against destructive capacity and force and so forth , which makes it conceivable being the essential material for compound industry and consequently wins itself incredible consideration in the use of the national barrier industry. MGM is anything but difficult to consume and give solid light noticeable all around. We will compose a custom article test on The Development of Scientific Management or on the other hand any comparable subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page MGM powder is utilized as the crude material of ignition and lighting bomb for safeguard. The metal MGM of national standard isn't just sold well in household advertise yet in addition sent out to Japan, USA, Germany, India, Taiwan and Honking. In the global market, in excess of 80 tons of MGM has been utilized in the bewilderment of steel and iron every year. China is the principle nation in creating steel and iron, and it has been anticipated by specialists that China needs 300,000?500,000 huge amounts of MGM for mechanical handling starting now and into the foreseeable future to the year 2005. The utilization of the metal MGM has expanded with a normal pace of 6. 6% every year during asses. Also, 109,000 tons of MGM has been devoured in making different foundry items utilized in autos, cruisers, and electric outside layer and so on. Some extra parts that can be fitted o vehicles like wheel center point, instrument board, seat outline, gear box, heading framework, chamber, air delta cylinder and brake pedal edge have been placed into utilization in a wild territories. The utilization of the amalgam MGM in car making industry will represent 14% among the aggregate sum of MGM utilization in the accompanying seven to eight years. After the Chinas section into the WTFO, the market can see an extremely brilliant future for the MGM items since the significant article in the replacing proposition gave by the U. S. ND the EX. is MGM ingot, while there is no necessity on the seriously handled items. Some key undertakings in China are toward the starting stage in preparing the metal MGM, accordingly this is the correct open door for their turn of events. MGM handling is alluded to as the promising business by the specialists in the 21st Century. At present, two significant crude materials that can be utilized to deliver th e metal MGM have been discovered wealthy in Equinox City, Shania Province, China. They are dolomite metal and silicon iron. The neighborhood dolomite metal has an excellent quality with the usage rate being higher than 96%. Close by the organization there are a few rockroses creating silicon iron and rich dolomite mineral store, which can not just assurance the gracefully for delivering the metal MGM yet in addition decrease the expense of crude materials buying in a viable manner. The assets that have been gotten together by the organization will be fundamentally utilized in: 1. Plant development and gear buy so as to stay up with the market improvement; 2. Setting up the Central Institute with the end goal of market extension and logical research; 3 Setting up the business arrange; 4. Growing new items, advancing advances and improving the old item framework.
Friday, August 21, 2020
How Much Money Should You Raise
How Much Money Should You Raise Raising money is undoubtedly among the toughest aspects of running a business. Since money doesnât grow on trees and you canât live without it, a business owner has to learn how to find it and use it in an efficient manner.There are often two schools of thoughts when it comes to answering the question, âhow much money should you raise?â Some say thereâs no limit, while others would prefer raising money at all. But neither of these answers seems realistic or useful when it comes to the real world. © Shutterstock.com | fotogestoeberThis guide will look at 1) the problems of raising too much or too little and 2) help you define just the right amount of money needed to make your business succeed.THE PROBLEMS OF RAISING TOO MUCH MONEYMost business owners think the obvious answer to the question âHow much money should I raise?â is âAs much as you canâ. When you are starting out, with a limited budget, taking whatever money comes your way might seem the right thing to do. But in reality, raising an unlimited amount of money can have some serious drawbacks for your business.Too much money could harm your business, especially start-ups, in different ways. Before you start raising money without an upper limit, you should understand the below risks.More money means more due diligenceIf you are looking to finance your business with equity, you should understand the disadvantages. Adding a professional investor on board always comes with a loss in the ownership of your business. The more money you raise in terms of equity, the less ownership you have over your own business.Not only can this end up costing your business a large amount of money in the long-term, it also adds much more administrative and operational burden for the business. Since your investors are shared-owners of the business, you canât make major decisions without consulting them. The more investors you have on board, the more difficult and time-consuming this will be.You also must ensure to use the money youâve raised in an appropriate manner. Controlling a large sum of money, with a business that hasnât been in operation for too long, can be a challenge.Higher risk means funding isnât cheapAs we mentioned above, your business might wound up paying more for the equity you raise in the long-term. This is due to the high risks associated with investing in start-ups. Investors often want a healthy return for their money, as they arenât guaranteed to receive anything from a business that isnât yet established.Therefore, raising as much as you can is a negative attitude for high risks companies. It is much more advantageous to raise what the business needs to kick-start growing, rather than take all the money thrown at your business.Overvaluation of the business comes with a riskWhen a business raises money, it is essentially valuing its operations. If you are raising large sums of money, your business valuation will go up. While valuation of start-ups is always difficult, overvaluing has more potential risks to undervaluation.Not only can it be difficult to find investors who are willing to invest in a company that is clearly overvaluing itself. But more importantly, raising a vast amount of money at the start can hinder your businessâ opportunity to raise further funds.Your second round of funding should typically be able to raise at least the same level as your first round did. But if the business received a large amount of capital, with a clear overvalua tion of the business, a majority of investors wonât be interested in adding to this overvaluation at the second round. This would result in a so called down-round which is not well perceived by investors.Check out the below video for tips on start-up valuation: The problem of âeasy moneyâInterestingly, thereâs also the issue of âeasy moneyâ. A start-up that raises unlimited amount of capital can easily mismanage the use of this money. From a psychological point of view, having an excess amount of money can leave you more careless, as you donât need to focus on the key areas. Since you have money available for nearly anything, you can end up spending in areas that might not require the money at that point in time.If you only have a limited amount of money, you are required to prioritize your spending. If you donât prioritize, you could focus on the wrong areas or grow faster than your business is able to absorb the growth.THE PROBLEMS OF RAISING TOO LITTLE MONEYOn the other hand, you also shouldnât answer the question by stating, âI will never raise moneyâ. There are still people who think raising money as a start-up is a mistake and you should only set up a business if you can afford it.But just as raising too much money can have a negative impact on your business, so can raising too little. If youâve considered skipping the fundraising bit altogether, consider the below drawbacks of raising below the bare minimum.Executing your business plan can be difficultFew businesses are in the position to execute their business plan without any extra funding. You shouldnât set yourself in a position where a failing business will also mean you lose all of your personal assets as well.The start-up environment is not easy, with nearly 90% of businesses failing in the first few months. You, therefore, donât want to hinder your operational efficiency by having no extra funds available.Having a strict amount of money will require much more operatio nal oversight. While this focus can certainly have its benefits, it can also be harmful for your start-up. You might be forced to make difficult decisions, such as laying off staff or restructuring the way the business operates. These could mean your business canât achieve certain milestones, which are essential for further growth.Running a business is not easy, but you shouldnât turn it into a living hell. As a business owner, you canât be afraid of taking certain risks and raising outside capital is definitely not something you should actively avoid.Not fundraising can hurt your competitive edgeFurthermore, while you might like the idea of operating without investment, your competitors are unlikely to share this view. You might be able to guarantee your business is operational by slowly building up the business and its revenue stream. But if your competitor can raise money, and therefore speed up its growth, your business can find making money even more difficult.Not raising money in an environment where other businesses do so can hurt your competitiveness. In the long-term, this could mean your business doesnât succeed simply because it refused to raise any money.Hinder any potential future fundraisingYou are unlikely to be able to ensure your business can operate without any additional fundraising. Even if you donât raise money at the start, you might come across a need to raise funds later on. But if you wait until you are desperate for funding, youâll cause fundraising to become harder. Investors can tell when businesses are desperate and this can cause alarm bells to ring in their head. You definitely donât want to wait until fundraising is a must-do for business survival.DEFINING THE RIGHT AMOUNT FOR YOUR BUSINESSIf raising âtoo muchâ and âtoo littleâ are problematic answers to the question, the answer must then be âYou raise the right amount of moneyâ. But how do you define the âright amountâ?There is unfortunately no off icial answer for the right amount of money, as it depends completely on your businessâ situation. The good news is thereâs a clear three-step procedure for defining the right amount of money.Step one: define your milestonesYour business shouldnât start raising money without a clear objective. You donât want to raise money for the sake of fundraising, but rather in order to establish a specific goal.Your business plan should have milestones it wants to achieve. With these milestones, you can ensure your business grows. Achieving certain milestones can be difficult without extra funding and therefore, you want to raise money in order to achieve the specific objective.The milestone your set naturally depend on your business and the industry you operate in. But they could range from increasing your ability to ship 10k products to shops to opening up a new branch.In essence, the milestones must add to the business value. In this sense, milestones reduce the risks involved with in vesting, which can be a great way to attract investors for your business. It will also help your future fundraising efforts to show investors how youâve been able to hit your milestones in the past.In fact, you could set milestones specifically aimed at helping you attract more money in the next fundraising round. As mentioned, you need to set milestones which add immediate value for your business By defining these, you also cause the actual process of raising money to appear easier. Youâll be meeting investors and you can clearly highlight what you need to boost your business, why and how it can help your business, and the route to achieving this. Being able to demonstrate this will help the investor understand your vision, as well as know the risks involved with fundraising.Step two: calculate the needed money with milestones in mindOnce youâve set the business milestones you want to achieve, you can start calculating the amount of money you need to achieve them. This will e ssentially give you the measure for the right amount of money to raise.When you are calculating the sums, you need to keep the following points in mind:What are the resources needed to achieve the milestone? These could include anything from pure manpower to the equipment you need. Be meticulous and consider all the different aspects of reaching the milestone. For example, you might need legal services in order to launch a new product line. Make sure you also calculate the cost of services such as this in your estimation.What is the timeline for achieving the milestone? You probably wonât be able to achieve the milestone in a single day. Therefore, your cost estimation must include the timeline as well. Perhaps itâll take you around three months to launch the new app. What are the businessâ operational costs during this time? Again, it is a salutary idea to carefully think about this and draw a realistic timeline. Youâd probably want to have the product on shelves in three m onths, but is it realistic?What funding do the resources needed require during this time? Once you are clear about the resources you need to achieve the milestone and the timeline for achieving it, you need to think the overall cost of funding all of it.After these two steps, you have a very clear understanding of the amount of money you are looking to raise. But you also need to prepare something extra.Step three: add a bufferKnowing the exact amount you need for achieving a milestone can be near impossible. No matter how hard you try, there is always the unexpected element of circumstances. Perhaps the legal paperwork doesnât file through in the first week or one of your project managers falls sick during the design process. Unexpected situations will occur in the business world and you need to prepare for them.Therefore, having a buffer on the above estimation is crucial. How much the buffer should be can depend a bit on the nature of your milestone. It is beneficial to try to think how risky your milestone is â" the more risky the project, the more buffer you might want to add.But as weâve discussed the dangers of raising too much and too little, you donât want to go overboard with your buffer. Typically, around 3-10% of the total cost estimation can be advantageous.The amount you conclude with, after calculating the above, can be close to the perfect fundraising target you should set.WHAT IF YOU ARE OFFERED MORE THAN YOU ASKED FOR?Although raising money is never an easy goal to achieve, investors can sometimes offer businesses more than what they asked for. Since you generally want to only raise the exact amount of money you need to achieve milestones, what do you do if investors are stuffing more cash into your pockets?Since fundraising can be such a drain, it would be rather silly to deny money from interested investors. On the other hand, weâve also explained the dangers of raising significantly more than you need, so you shouldnât jump on t he bandwagon without careful consideration.If you are offered more than you asked for, ask yourself these three questions:Will you maintain enough ownership of your company?Investors are unlikely to just offer you free money. It generally comes with the cost of losing some of your ownership in the business. If you are offered more than you wanted, consider whether youâll end up losing more of the businessâ shares than you intended.If the money comes at a devastating cost of ownership, you might be better off declining the offer. Although the loss of ownership, might not seem too devastating for you and accepting the offer can be beneficial for you.Are you diluting your business in terms of valuation?As discussed, more money tends to drive up the valuation of your business. But a higher valuation might not be beneficial for your business, especially if you are a start-up. You need to consider whether the extra money will manifest in diluting your business valuation and therefore, pose a risk for future fundraising.What can you do with the extra money?Likewise, you must have a specific reason for accepting the money, just as you have for raising funds in the first place. You shouldnât accept money and then start thinking about what to do with it. Extra money will only benefit your business if you know how to use it.This means that you should consider carefully whether you could use to money to add value to your business. Perhaps it could help you achieve your milestone. The extra funding might cut the timeline shorter since you can hire extra staff, for example.If you have a valid route for using the money to either boost the way you achieve the milestone or to add value for your company, accepting the offer might be worthwhile.TO CONCLUDEWhen it comes to raising money, you canât do it without a clear objective. You donât want to raise money for the sake of it, but you also donât want to starve your business from money just because you potentially co uld do without. Money can help boost your business chances and help you achieve the goals you want to achieve.Plan your fundraising well and set objectives you wish to accomplish with the extra funding. Ensure you stay realistic and prepare for when events donât occur according to plan. In the end, if you know the funds can help your business grow, avoiding a bit of investment is not justified. If it benefits your business and adds value to what you are doing, youâre on the right track.
How Much Money Should You Raise
How Much Money Should You Raise Raising money is undoubtedly among the toughest aspects of running a business. Since money doesnât grow on trees and you canât live without it, a business owner has to learn how to find it and use it in an efficient manner.There are often two schools of thoughts when it comes to answering the question, âhow much money should you raise?â Some say thereâs no limit, while others would prefer raising money at all. But neither of these answers seems realistic or useful when it comes to the real world. © Shutterstock.com | fotogestoeberThis guide will look at 1) the problems of raising too much or too little and 2) help you define just the right amount of money needed to make your business succeed.THE PROBLEMS OF RAISING TOO MUCH MONEYMost business owners think the obvious answer to the question âHow much money should I raise?â is âAs much as you canâ. When you are starting out, with a limited budget, taking whatever money comes your way might seem the right thing to do. But in reality, raising an unlimited amount of money can have some serious drawbacks for your business.Too much money could harm your business, especially start-ups, in different ways. Before you start raising money without an upper limit, you should understand the below risks.More money means more due diligenceIf you are looking to finance your business with equity, you should understand the disadvantages. Adding a professional investor on board always comes with a loss in the ownership of your business. The more money you raise in terms of equity, the less ownership you have over your own business.Not only can this end up costing your business a large amount of money in the long-term, it also adds much more administrative and operational burden for the business. Since your investors are shared-owners of the business, you canât make major decisions without consulting them. The more investors you have on board, the more difficult and time-consuming this will be.You also must ensure to use the money youâve raised in an appropriate manner. Controlling a large sum of money, with a business that hasnât been in operation for too long, can be a challenge.Higher risk means funding isnât cheapAs we mentioned above, your business might wound up paying more for the equity you raise in the long-term. This is due to the high risks associated with investing in start-ups. Investors often want a healthy return for their money, as they arenât guaranteed to receive anything from a business that isnât yet established.Therefore, raising as much as you can is a negative attitude for high risks companies. It is much more advantageous to raise what the business needs to kick-start growing, rather than take all the money thrown at your business.Overvaluation of the business comes with a riskWhen a business raises money, it is essentially valuing its operations. If you are raising large sums of money, your business valuation will go up. While valuation of start-ups is always difficult, overvaluing has more potential risks to undervaluation.Not only can it be difficult to find investors who are willing to invest in a company that is clearly overvaluing itself. But more importantly, raising a vast amount of money at the start can hinder your businessâ opportunity to raise further funds.Your second round of funding should typically be able to raise at least the same level as your first round did. But if the business received a large amount of capital, with a clear overvalua tion of the business, a majority of investors wonât be interested in adding to this overvaluation at the second round. This would result in a so called down-round which is not well perceived by investors.Check out the below video for tips on start-up valuation: The problem of âeasy moneyâInterestingly, thereâs also the issue of âeasy moneyâ. A start-up that raises unlimited amount of capital can easily mismanage the use of this money. From a psychological point of view, having an excess amount of money can leave you more careless, as you donât need to focus on the key areas. Since you have money available for nearly anything, you can end up spending in areas that might not require the money at that point in time.If you only have a limited amount of money, you are required to prioritize your spending. If you donât prioritize, you could focus on the wrong areas or grow faster than your business is able to absorb the growth.THE PROBLEMS OF RAISING TOO LITTLE MONEYOn the other hand, you also shouldnât answer the question by stating, âI will never raise moneyâ. There are still people who think raising money as a start-up is a mistake and you should only set up a business if you can afford it.But just as raising too much money can have a negative impact on your business, so can raising too little. If youâve considered skipping the fundraising bit altogether, consider the below drawbacks of raising below the bare minimum.Executing your business plan can be difficultFew businesses are in the position to execute their business plan without any extra funding. You shouldnât set yourself in a position where a failing business will also mean you lose all of your personal assets as well.The start-up environment is not easy, with nearly 90% of businesses failing in the first few months. You, therefore, donât want to hinder your operational efficiency by having no extra funds available.Having a strict amount of money will require much more operatio nal oversight. While this focus can certainly have its benefits, it can also be harmful for your start-up. You might be forced to make difficult decisions, such as laying off staff or restructuring the way the business operates. These could mean your business canât achieve certain milestones, which are essential for further growth.Running a business is not easy, but you shouldnât turn it into a living hell. As a business owner, you canât be afraid of taking certain risks and raising outside capital is definitely not something you should actively avoid.Not fundraising can hurt your competitive edgeFurthermore, while you might like the idea of operating without investment, your competitors are unlikely to share this view. You might be able to guarantee your business is operational by slowly building up the business and its revenue stream. But if your competitor can raise money, and therefore speed up its growth, your business can find making money even more difficult.Not raising money in an environment where other businesses do so can hurt your competitiveness. In the long-term, this could mean your business doesnât succeed simply because it refused to raise any money.Hinder any potential future fundraisingYou are unlikely to be able to ensure your business can operate without any additional fundraising. Even if you donât raise money at the start, you might come across a need to raise funds later on. But if you wait until you are desperate for funding, youâll cause fundraising to become harder. Investors can tell when businesses are desperate and this can cause alarm bells to ring in their head. You definitely donât want to wait until fundraising is a must-do for business survival.DEFINING THE RIGHT AMOUNT FOR YOUR BUSINESSIf raising âtoo muchâ and âtoo littleâ are problematic answers to the question, the answer must then be âYou raise the right amount of moneyâ. But how do you define the âright amountâ?There is unfortunately no off icial answer for the right amount of money, as it depends completely on your businessâ situation. The good news is thereâs a clear three-step procedure for defining the right amount of money.Step one: define your milestonesYour business shouldnât start raising money without a clear objective. You donât want to raise money for the sake of fundraising, but rather in order to establish a specific goal.Your business plan should have milestones it wants to achieve. With these milestones, you can ensure your business grows. Achieving certain milestones can be difficult without extra funding and therefore, you want to raise money in order to achieve the specific objective.The milestone your set naturally depend on your business and the industry you operate in. But they could range from increasing your ability to ship 10k products to shops to opening up a new branch.In essence, the milestones must add to the business value. In this sense, milestones reduce the risks involved with in vesting, which can be a great way to attract investors for your business. It will also help your future fundraising efforts to show investors how youâve been able to hit your milestones in the past.In fact, you could set milestones specifically aimed at helping you attract more money in the next fundraising round. As mentioned, you need to set milestones which add immediate value for your business By defining these, you also cause the actual process of raising money to appear easier. Youâll be meeting investors and you can clearly highlight what you need to boost your business, why and how it can help your business, and the route to achieving this. Being able to demonstrate this will help the investor understand your vision, as well as know the risks involved with fundraising.Step two: calculate the needed money with milestones in mindOnce youâve set the business milestones you want to achieve, you can start calculating the amount of money you need to achieve them. This will e ssentially give you the measure for the right amount of money to raise.When you are calculating the sums, you need to keep the following points in mind:What are the resources needed to achieve the milestone? These could include anything from pure manpower to the equipment you need. Be meticulous and consider all the different aspects of reaching the milestone. For example, you might need legal services in order to launch a new product line. Make sure you also calculate the cost of services such as this in your estimation.What is the timeline for achieving the milestone? You probably wonât be able to achieve the milestone in a single day. Therefore, your cost estimation must include the timeline as well. Perhaps itâll take you around three months to launch the new app. What are the businessâ operational costs during this time? Again, it is a salutary idea to carefully think about this and draw a realistic timeline. Youâd probably want to have the product on shelves in three m onths, but is it realistic?What funding do the resources needed require during this time? Once you are clear about the resources you need to achieve the milestone and the timeline for achieving it, you need to think the overall cost of funding all of it.After these two steps, you have a very clear understanding of the amount of money you are looking to raise. But you also need to prepare something extra.Step three: add a bufferKnowing the exact amount you need for achieving a milestone can be near impossible. No matter how hard you try, there is always the unexpected element of circumstances. Perhaps the legal paperwork doesnât file through in the first week or one of your project managers falls sick during the design process. Unexpected situations will occur in the business world and you need to prepare for them.Therefore, having a buffer on the above estimation is crucial. How much the buffer should be can depend a bit on the nature of your milestone. It is beneficial to try to think how risky your milestone is â" the more risky the project, the more buffer you might want to add.But as weâve discussed the dangers of raising too much and too little, you donât want to go overboard with your buffer. Typically, around 3-10% of the total cost estimation can be advantageous.The amount you conclude with, after calculating the above, can be close to the perfect fundraising target you should set.WHAT IF YOU ARE OFFERED MORE THAN YOU ASKED FOR?Although raising money is never an easy goal to achieve, investors can sometimes offer businesses more than what they asked for. Since you generally want to only raise the exact amount of money you need to achieve milestones, what do you do if investors are stuffing more cash into your pockets?Since fundraising can be such a drain, it would be rather silly to deny money from interested investors. On the other hand, weâve also explained the dangers of raising significantly more than you need, so you shouldnât jump on t he bandwagon without careful consideration.If you are offered more than you asked for, ask yourself these three questions:Will you maintain enough ownership of your company?Investors are unlikely to just offer you free money. It generally comes with the cost of losing some of your ownership in the business. If you are offered more than you wanted, consider whether youâll end up losing more of the businessâ shares than you intended.If the money comes at a devastating cost of ownership, you might be better off declining the offer. Although the loss of ownership, might not seem too devastating for you and accepting the offer can be beneficial for you.Are you diluting your business in terms of valuation?As discussed, more money tends to drive up the valuation of your business. But a higher valuation might not be beneficial for your business, especially if you are a start-up. You need to consider whether the extra money will manifest in diluting your business valuation and therefore, pose a risk for future fundraising.What can you do with the extra money?Likewise, you must have a specific reason for accepting the money, just as you have for raising funds in the first place. You shouldnât accept money and then start thinking about what to do with it. Extra money will only benefit your business if you know how to use it.This means that you should consider carefully whether you could use to money to add value to your business. Perhaps it could help you achieve your milestone. The extra funding might cut the timeline shorter since you can hire extra staff, for example.If you have a valid route for using the money to either boost the way you achieve the milestone or to add value for your company, accepting the offer might be worthwhile.TO CONCLUDEWhen it comes to raising money, you canât do it without a clear objective. You donât want to raise money for the sake of it, but you also donât want to starve your business from money just because you potentially co uld do without. Money can help boost your business chances and help you achieve the goals you want to achieve.Plan your fundraising well and set objectives you wish to accomplish with the extra funding. Ensure you stay realistic and prepare for when events donât occur according to plan. In the end, if you know the funds can help your business grow, avoiding a bit of investment is not justified. If it benefits your business and adds value to what you are doing, youâre on the right track.
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