About Professional Planning Associates Expertise Questions relating to business plan preparation, contents, approach and how to prepare plans that provide investors with the information required to make an investment decision
Experience Professional Planning has been operating since 1993. Its principal has over 30 years of business experience. The Company's financial expert has earned a Doctorate in Accounting
Organizations Gold Coast Venture Capital Club, Coral Ridge Kiwanis
Publications Investor's Business Daily, Vfinance.com, the Black Entrepreneurs Association, Webentrepreneurs.com andIslamiQMoney.cpm
Education/Credentials B.A. from Hofstra University
Expert: Professional Planning Associates Date: 7/8/2004 Subject: Venture capital basics -India
Question Hi!
I am a 25 year old Call center Team Leader.I recently had intereaction with a US cleint who is willing to offer a tele selling project worth 1crore Indian Rupees/annum.I am planning to start a 20 seated call center in Chennai-India.My friend and collegue is also interested in it.
My profile is just 3 years of exp.I have following doubts and would be grateful for your clarification:
1.With this profile, will I still be able to get a Venture capitalist to fund about Rs 1crore for seed and startup capital? - if not, what's the alternative?
2.I have no exp building a business case- Can you pls send me a business case presentation sample ofor my new project?
3.When I meet the venture capitalist, how can I sell my concept -what statistics,details should I present them to win the deal?.
4.If they agree to fund, what will be the deal like -what will be their profit margin to be shared?
5.In India, if there anybody that you know of?
Pls excuse me if these questions are not worthy of this service.
Thanks.
Answer Kris:
You have asked complex questions I will either answer them briefly or refer you to sources.
1) I do not know how much Rs 1crore is in USD. In general start-up money is difficult to obtain. The fact that you have experience in the industry is helpful. If the US contract is in writing and with a reputable company your chances are even better. At times the contract can be used for purchase order financing. Moreover, I would not proceed unless there is a contract in place.
2) There are business plan samples on vfinance.com and Nvst.com among others.
3) See my article on my site proplana.com under featured news "A Business Planner and Venture Capitalist Look at Business Plans.
4)In the United States venture capitalists seek 20-40 percent of the company
5)I am unfamiliar with the venture capital business in India
