ARE YOU INVESTOR READY Are You Investor Ready Tool Step 1 of 7 14% Name* First Last Email* By completing this scorecard, you agree to receive marketing content from Spark! Consulting, to the email address supplied. We will also use that address to send you a copy of your scorecard report. Your data will not be shared with third parties. You may unsubscribe at any time. Vision Can you clearly articulate your Business Mission?*YesNoDo you have a strong ultimate aspiration for your business?*YesNoCan you describe, in detail, what you expect your business operations to look like in 3 years, or even in 18 months?*YesNoDo you know who your main clients will be in 3 years?*YesNoAre you clear on what your profit and turnover aspirations are?*YesNoDo you have a clear vision of how you will exit your company and when?*YesNoDo you know how your investors will get their investment plus any returns back?*YesNo Structure & ScaleDo you have a comprehensive list of all your company’s stakeholders and your company’s responsibilities to them?*YesNoIs your team, and Board, sufficiently diverse?*YesNoDo you have a detailed understanding of key person dependencies and the risks they create in your company?*YesNoAre you clear on how the role of Founder & CEO will change as you scale?*YesNoDo you have a detailed growth plan which is capable of achieving the turnover and client profile in your Vision?*YesNoDo you have a parallel plan for how you scale your company to make your growth targets possible while increasing your profit ratio?*YesNoIf you use 3rd party suppliers, can you evidence that they can match your scale speed?*YesNoIf your product or service is reliant on technology, do you have a clear plan for scaling the technology while keeping costs to a minimum and continuing to provide a robust service to existing customers?*YesNoDo you understand what your business’s Key Performance Indicators (KPI’s) are, and are you actively tracking performance against them?*YesNo MarketDo you have a detailed profile of your ideal customer?*YesNoCan you demonstrate Product/Customer validation and/or traction?*YesNoDo you know how big your potential market is (how many of your ideal customers exist)?*YesNoDo you know how much of that market is already taken up by competitors?*YesNoDo you know why people buy from your competitors?*YesNoIs your product defensible?*YesNoIs your Market durable?*YesNoDo you know which market niche you should target first/next (whether demographic or geographic)?*YesNoIf your growth relies on expansion into new markets, are you able to show your in-depth knowledge of these markets and what will succeed?*YesNoAre you clearly articulating the problem your product or service solves in all your materials, content and interactions?*YesNoDo your materials, content and interactions talk about the outcomes you provide rather than what you do?*YesNoDo you have a ‘passion’ story that tells your customers why you do what you do, and do you tell that story often?*YesNoCan you explain why you are different from everyone else in your market and why that means people should choose you?*YesNoDo you have a clear and detailed strategy which will drive customers to you?*YesNoIs your Brand clearly defined, including its values?*YesNo FinancialsDo you have forward financial revenue /profit projections based on past history and credible assumptions?*YesNoDo you have a business valuation based on a recognized valuation methodology?*YesNoCan you easily state the assumptions which have been used to calculate the valuation?*YesNoDo you know in detail how much funding you need and why?*YesNoCan you demonstrate burn rate and how long funding will last?*YesNoIf you already have Investors, do you have an easy to read cap table available?*YesNo Investor ProfileDo you know what type of investment will best suit you and your company?*YesNoDo you have a detailed profile of your ideal investor?*YesNoDo you know how many of those investors exist and where to find them?*YesNoDo you have a plan to engage these investors?*YesNo PitchHave you prepared verbal pitches for multiple scenarios?*YesNoDo you have a 10-15 slide pitch deck that reflects your brand and clearly articulates your Vision, Structure & Scale, Market, Finances and the ideal Investor you are looking for?*YesNoDo you know how you will tailor your deck depending on who you are presenting to?*YesNoDo you have a powerful product demo?*YesNoDo you have strong testimonials to support you?*YesNoAre you clear on who from your company will be pitching and which areas they will cover?*YesNo
