A quick guide to building a successful funding Round

I used to naively believe that building a funding round was easy. You only have to develop a great idea that addresses a large and growing market and investors will follow. Well it isn’t quite like that. In fact, even an awesome team with a great proposition will struggle to find funding for a tech startup. The competition for capital is incredibly strong and investors are naturally hedging their bets by spreading their investment across multiple opportunities. Many investors will not invest unless someone else takes the lead, and sadly there are not enough experienced tech investors to go around. But don’t go letting that get you down, here are a few pointers to make it simpler to build a round:

Make sure you are ready – There is little point in building your funding round until you are ready. Readiness depends greatly on the amount of funding you are looking for. However, at each stage it is important to have hit certain milestones. It is also crucial to be able to communicate your proposition clearly and demonstrate why it is attractive to investors. Generally, founders raise before they are ready. This extends the time taken to close and damages reputation.

Think strategically and tactically – Plan for a long and complicated process from the beginning. If you are raising a few hundred K from angels you will need to find multiple investors and orchestrate the whole process. It can be a bit like herding cats. You both need to be able to plan the process at a high level as well as acting tactically and decisively at each stage. Allow plenty of time in your schedule to undertake the process effectively.

Target appropriate Investors – Select investors that are interested in your market sector and invest at the stage you have reached. VCs will often state that they invest early, when they don’t. It can still be worth taking half a dozen VC meetings to ascertain what you need to do to be attractive in a years time. This will strengthen your pitch for the angel round. Don’t ask for investment at these meetings, you will look naive. Best ask for advice and listen to what they are looking for, and work on your presentation skills!

Find a lead investor early – The lead investor is usually the king-pin for every funding round. In the angel round they will provide the core to build around. It can sometimes be worth bringing in a lead as part of a small pre-seed round. They can help you shape the next round and make sure you are investment ready.

Expect the lead to take an active role – Once the seed round has been launched you will need the support of your lead investor. They can set the term sheet and rally their friends to help fill the round. They can also reassure non-savvy investors that the round is worth joining.

Find other investors – Once you have a strong lead investor you will need to spread the net more widely. It is important to learn the difference between real investors and tire kickers. Check linked-in carefully and bluntly ask about their capacity to invest.

Find ways to close the round effectively – It is good to set deadlines and create momentum leading up to them. There needs to be an end point. Ask the lead to help bring the other investors into line and deal with formalities such as term sheets and other legal requirements. Appoint a good lawyer who understands the size of deal you are trying to close.

Think imaginatively – We are seeing more rounds that include angels, micro-VCs, VCs and even crowdfunding. It can even be possible to build rounds with UK lead investors and back filled by US or other overseas investors. In almost every case they demand a good lead. More mature companies can afford to pay the fees of corporate finance experts to help build rounds and do the necessary deal-making. However, Startups cannot entertain the upfront fees they charge to do this.…

Office Manager Diploma

Office Management SkillsOffice Management & Effective Administration Skills is a highly interactive training course, providing everyone with an opportunity to change views and be taught from each other’s experiences. This Level 3 Office Management course will arm you with all of the know-how and abilities required to manage your individual responsibilities and the tasks of others, be extra resourceful, handle the workplace more effectively, be extra fluid within the recruitment process and recognise the potential in different employees and prefer it or not be the face of delegation, self-discipline and authority.

The following subjects are coated: Managing and Maintaining the Office Premises; Health and security in the workplace; Electrical safety; Fire safety; Site security; Safeguarding gear; Space administration; Managing Supplies and Materials; Managing Technology in the Workplace; Using Resources Efficiently; Using pure assets effectively; and Using human resources effectively.

Ms Katherine Chua obtained her Master of Arts in Human Resource Development with The George Washington University in 2009, a Bachelor diploma in Education and Training with The University of Melbourne in 2002, Diploma in Training and Development Management awarded by the Singapore Institute of Management and the Diploma in Training Management by the Institute of Personnel and Development (IPD, UK) in 1995.Office Management Skills

Operate and supply support associated to the use, maintenance and procurement of workplace tools and technologies. Due to restructuring in our methods and increased work load we’re on the lookout for a part time office administrator. But the workplace supervisor does not have this luxury, since his or her demeanor has a direct impact on the company. After gaining extra experience as an workplace manager, there may be opportunities to step up into senior management and progress further to move of department. Follow us on Social Media or Join our mailing list to know extra about our newest schedules, seminars, programs and venues. Many workplace managers enter at workplace administrator level and work their approach up with expertise.

List every activity that must be completed and embody any underlying tasks that lead up to them. The office manager is the link between the workers below his/her supervision and the top management. Please communicate to a Course Advisor for full particulars of how best to tailor this Diploma to your necessities. You have the requisite programming skills for a quant that could be a large step in the best route.…

3 Tips for Telling Your Brand Story on Social Media

The great broadcasters were great because they knew how to tell a story. Edward R. Murrow. Walter Cronkite. Ron Burgundy. Put ‘em in front of cue cards or a teleprompter (hopefully with appropriate punctuation) and watch as they educate and inspire. Last month, I introduced a four-pillared approach that I developed a few years ago to help clients get a grip on the then-new world of social media marketing. That new world is far more settled now. I mean, does anyone still play Mafia Wars? However, the Grow. Broadcast. Engage. Optimize. approach is still relevant to local businesses working to improve their use of social media. Today, let’s take a look at how to channel your inner Cronkite to tell your brand story more effectively in social media.

Say it. Don’t spray it. Consistency is key.

I once had a colleague who’d go silent on Twitter for days and then emerge late at night to unload dozens of tweets in the span of an hour or two. I referred to his condition as Twittarrhea. Don’t spray your audience with Twittarrhea. Post often enough that your audience remembers you, but not so often – or in such extreme bursts – that they’re overwhelmed. The best social media marketers use an editorial calendar to organize their thoughts and ensure that their social accounts are being updated regularly. The consistency that comes from an editorial calendar will help your followers know what to expect.

Be yourself… which means staying on brand.

Too many brands build their social media content calendars on blatant promotions and “me too” holiday posts. You should have more to say about your business than that… especially if you read my post outlining three questions for getting to know your brand. Before you post another meme on your Facebook page, ask yourself: Who are we as a business? Who are our buyers? What are their pain points? Then get creative about how you can build a connection with your audience based on who you are and not on a trendy and fleeting meme.

Mix up your content and be relevant in your community.

Your Twitter feed should be more than just a long list of retweets and links back to product pages on your website, but at the same time don’t spend hours in meetings just to come up with a few perfectly crafted tweets. Instead, you want to offer a variety of content types across all your social media platforms. Text is good. So are occasional links. Rich media like photos and graphics are better. Facebook encourages brands to “use high-quality photos that showcase your business or products, or lifestyle images of people interacting with them.” You might even try experimenting with low-cost videos. Remember, unlike the national chains, your local business is plugged in to your community. Be sure to mix in kudos for local success stories and shout-outs to community organizations and events to stand out from the corporate competition down the street.

Social media is so much more than delivering the news.

Think back to the great broadcasters. Murrow, Cronkite, and Burgundy didn’t build their own audience. They didn’t solicit feedback. They just delivered the news. Broadcasting is a big part of a social media marketer’s job, but it’s not the only part. After all, broadcasting is a one-way communication channel. And we all know by now that social media is a two-way conversation — and a great way to tell your brand story.…

Vlad Musteata- CEO of ProImobil:Moldovan real estate sector becomes much more attractive because of a Brand New Fiscal Reform

“The new tax reform in the Republic of Moldova happened in 2018 and represents a stimulus for the local business environment development and has a positive impact especially on the real estate field in Chisinau.” -this is Vlad Musteata’s statement, the director of the real estate company ProImobil, a leader on Moldovan market.

According to him, after the new legislative package was approved, Moldova became much more attractive for real estate investors. “Taxes for investors have been considerably diminished. If so far, the capital gains due to the sale of the real estate was 9%, now it has changed to 2.2%. This is a very low tax, both for local and foreign investors.”

Another advantage accentuated by the director of ProImobil, Vlad Musteata, is the fact that lower taxes on estate purchase have favored an increase in credit sales, including theFirst-Time Home Buyer Program, which has contributed in Romania to the rise of the prices for estate.

Vlad Musteataadded that the reform has brought lots of transparency in the field of house sales, so that lower taxes encourage owners to declare the real priceof dwellings, without doubts.

The fiscal reform opensthe country’s doors to both internal and foreign investment funds. As the taxes diminish, the profit promises to grow. The difference of 6,8% can make a big difference, when applied to large amounts of money – and the real estate field operates exactly at this magnitude.

A new Fiscal Paradis in Moldova?

The new fiscal reform approved in the Republic of Moldova consists of the followings:

– Lowering income taxes for physical persons from 18% to 12%;

– Lowering employer’s social contributions from 23% to 18%;

– Increasing personal exemption from 23% to 18%;

– Reducingthe social contributions from employers in agriculture field from 16% to 12%;

The real estate sector isn’t the only one in which positive impact is expected after this reform. The recent pro-business measures taken will have positive economic and social effects, they will lead to new jobs, increased exports and declining migration, concludes Vlad Musteata.

For Moldova, a state that has a pretty high rate of annual emigration rate and a continuous need of well-paid jobs, the latest measures are a great opportunity. The fiscal reform is an immense step forward to a better future for the whole country.…

Strategies to Make Operations More Efficient to Boost Productivity

Running a small company is not for the faint-hearted. It requires proper planning and implementation of ideas. In today’s world, almost every sector in the business world is facing competition. Therefore, if you want your business to remain competitive, you should work hard to boost operational efficiency. If the operations of your business are inefficient, it is likely to collapse in the future. Moreover, to manage competition from the bigger firms in the industry, you must improve and update your business operations. Honing efficiency and effectiveness in your company will boost productivity and lead to success. This article provides five crucial strategies that you can use to make your business operations more efficient, hence improving productivity.

1. Focus on Your Customers and Prospects

First, you need to analyze how you handle your customers and prospects. Your customers are an integral part of your business. Therefore, if you want your business to grow, your efforts should go beyond their expectations. It is advisable to work on things that will improve customer satisfaction, which is one of the best ways to make your business operations efficient. For instance, you should enhance customer communications. When a particular client calls your company, you need to respond to his or her queries instantly and intelligently, which will boost brand loyalty.

2. Train Your Employees Regularly

You need the help of competent employees to achieve your short-term and long-term objectives. Therefore, when hiring, you should ensure that you get the best people to work for your company. Moreover, it is advisable to organize employee training sessions frequently in your organization. Look to onboarding and roadmap software to help keep everyone on the same page as new hires enter the picture and projects are underway. Things keep changing in the business world. Therefore, equipping your workforce with modern techniques will make operations more effective and boost productivity.

3. Manage Your Finances Well

As a small businessperson, the way you handle your finances is likely to determine the stability of your business. No matter how little your funds or resources are, you need to spend them wisely to avoid challenges in the future. For instance, before spending even a single coin in your company, you should come up with an effective plan. You need to formulate a perfect budget to control your spending. Additionally, you should hire an experienced accountant to monitor your inflows and outflows. Before launching a project, you should analyze its risks thoroughly to prevent unbearable losses in the future.

4. Invest in Technology

In today’s competitive environment, business automation is a critical necessity. Automating your business operations will not only enhance efficiency but will also help in cutting costs. For instance, it is advisable to abandon some of the traditional marketing strategies. The traditional marketing techniques are costly. Their return on investment (ROI) is also low. You need to automate your marketing processes. You should use digital marketing techniques to create brand awareness. Some of them include social media marketing and email marketing. These methods will help you reach more people, which will increase your customer base and profitability. Additionally, you should invest in the modern machinery to make work easier.

5. Motivate Your Employees

You should know that your workers are the core of your business operations. Therefore, you should value them and involve them in decision making. If you want to enjoy a high retention rate, you should maintain an excellent relationship with your employees. Also, you need to give rewards to the loyal and hardworking employees. Motivating your employees and involving them in decision making will make them feel part of your company’s success. Therefore, they will remain loyal to your business and work hard to achieve their objectives, making operations more efficient.

Lastly, if you want your operations to run smoothly, you should create a perfect business plan. A business without a plan is destined to fail. Once you observe these strategies, your business operations will be efficient.…