Building your crowd is one thing, but your crowdfunding deal has to make sense for your potential investors on a financial level as well. Investors have to understand your offering and when the numbers work out and make sense, you’re more likely to have those investors write checks. Listen to this podcast episode as we speak with Chartered Financial Analyst Brandon Skidmore from Blackhat Consulting regarding his biggest tips on what to do (and what not to do) to create credibility in the eyes of investors and how having strong financials makes raising money for your business a lot easier.
There are many misconceptions about raising capital, but one of the most important distinctions you need to understand is that sales doesn’t always equal cash. Conveying the knowledge of how to manage money and creating a plan to turn investor’s money into the promised returns must be realistically exhibited on a company’s pro-forma and other financial statements, and putting together a team that is well-versed in financials will go a long way into getting investors emotionally connected to your deal. But remember: don’t make the three common mistakes described in this episode of the Mapable USA podcast! (The fourth mistake would be not getting started with your crowdfunding project today!) You can contact Brandon by email here or find out more about the crowdfunding services offered at Simply Go Public for more information on getting your financials in order.
ABOUT OUR GUEST: Brandon Skidmore
Brandon Skidmore is an experienced senior managing partner of a financial consulting and real estate investment company. He is currently focused on financial business consulting, helping startup companies raise funds or go public, and consulting on commercial and residential real estate deals. With a diverse IT, Finance, and Real Estate background, and as a startup founder, he is well positioned to provide assistance to companies in any industry and at any stage of their development.
Brandon’s specialties include financial modeling and analysis, strategic planning, operational turnarounds, data analytics, and technology implementations and deployments.
All information provided is for informational purposes only. This information is not intended as legal or investment advice for anyone to make an investment in any one particular company and is not intended for any companies to rely on this information to form an opinion to go public or not to go public or to do any type of offering of securities. You must check with a securities attorney to find out if an offering is for you, or if you are going to be in the business of selling any type of securities, you need to make sure you are following your state and federal legislative law so you do not get into any troubles. Do not use the opinions as stated on this show as any way to form an opinion as what is wrong or right or what could be done for your business or as an investor.