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The Guide > 12. Funding
Having completed 11. Financial Projections, you may have identified a significant funding need that cannot be bridged from your own resources (and those of your relatives, friends, colleagues, credit cards, local bank manager and so on) or generated by the business.
If seeking equity, loans or equity/loan combination, use this section to present your needs and proposals. Keep it factual and avoid any "over-the-top" hyping of your business as the greatest investment ever!
If planning to raise equity from venture capital or "angel" sources, allow adequate time to raise it. Depending on the amount needed and track record of the promoters/business, this will take several months and tie up significant management resources throughout - brace yourself for several re-drafts of the business plan and revisions to the financials.
For help with financial projections and determining funding requirements, see Financial Projections with Exl-Plan.
Online: Free-Plan Registration Exl-Plan Details & Downloads