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Milestone Chapter 5

Designing your financial structure

Map Your Finance Needs

Over the last few chapters, you have learned a lot of details about steward-ownership and aligned financing and have built up an understanding of what an investment in a steward-ownership aligned way would mean for your company. 

Now it’s your turn to work! The following chapter will set out the main questions that might be helpful to ask yourself and points you can be helpful to work out to grasp your current financial situation, map your finance needs and ideal financing scenario – thus preparing yourself for your fundraising and legal structuring with lawyers.

So: prepare for a bunch of questions that you will have to look for answers for.

This step requires some workshop time from you as entrepreneurs and anyone else involved in the financial and future scenarios for your business. 

A large part of this is not steward-ownership specific (e.g. how much money you need, what your growth projections are, etc.), so we won’t go into detail here but rather put our and your energy towards the steps that are steward-ownership aligned financing.

handdrawn exclamation markDisclaimer

Some companies will completely map their finance needs and form an exact proposal before they start fundraising, others will start conversations with investors very early on and develop the terms later on. More information on fundraising is in the fundraising section – it is on you to decide how far you need to have developed your finance needs before you go into the first conversations.

Send chapter summary to yourself or a co-worker!

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