Business ideas
can come in a dream – it is a fact, yet stories that an experienced
entrepreneur can draw up a business plan on a napkin in a cafe are a myth.
Of course, a businessperson operating in a particular market segment can easily
assess the pros and cons, but they will never give money for an idea until they
have seen a detailed plan for its development with a multi-year outlook.
Such a digitised plan is called an investment or financial model. Serhii
Harbar, Investment Project Manager at Octava Capital, has told Mind.ua how it
works, what it gives the founder and the investor.
Full version of the column is available at https://bit.ly/3opkqWe