Verizon Communications Inc. · NYSE:VZ
Verizon Communications — Kedma Webinar (July 2020)
11 slides from Verizon Communications's conference presentation, July 2020
Slide 1: Find alternative funding for your small business now
Find alternative funding for your small business now. Kedma Ough is a business funding expert and author of "Target Funding." Host Julie Hyman is a Yahoo Finance anchor and host of On The Move with Adam Shapiro
Slide 2: Target Funding: Published through McGraw Hill
TARGET FUNDING Published through McGraw Hill A Proven System to Get the Money & Resources You Need to Start or Grow your Business Kedma Ough, MBA Publisher McGraw-Hill www.KedmaOugh.com www.Targetfunding.com LinkedIn: KedmaOugh E: Kedma@kedmaough.com
Slide 3: What is Target Funding?
What is Target Funding? Target funding is about identifying & investigating those funding opportunities based on unique variables associated with your business.
Slide 4: Target Funding is similar to a Pizza Pie
Target Funding is similar to a Pizza Pie Target Funding is about funding diversification. Instead of considering one funding option, we consider 12 possible pizza slices or 12 options to solve that funding challenge.
Slide 5: Funds are associated with keywords and the key to winning the funding game
Funds are associated with keywords and the key to winning the funding game Example: What is a Grant? • SBIR • STTR • IDA • Forgivable Loan • Trade Exchange • Subsidy • Pro bono
Slide 6: Variables are Gold
Variables are Gold All funding is tied to variables. Isolate the variable and you’re able to target the funds that you need for your business. • Geographic • Demographic • Business Size • Stage of Business • Industry Sector • Innovation • Mission • Impact
Slide 7: Where are the FUNDS?
Where are the FUNDS? “There is a Funding Party happening each day of the week for small businesses. The problem is if you don’t target those funds you will never be invited to the party.” Kedma Ough, MBA
Slide 8: Before you Target Funds you must Identify Prerequisites
Before you Target Funds you must Identify Prerequisites for your Target Funding Needs Business Plan/Pitch deck A team/infrastructure/legal structure Prototype/Patent/Sales Sheet Sales/Customer base/Testimonials Strong Credit Score/Collateral Partnerships in place Uniqueness of your idea/plan
Slide 9: 7 Rules to Win the Funding Game
7 Rules to Win the Funding Game Identify your Variables Research Funds Target Funds by Timeline Apply for your Funds Review additional Funds Reapply often Use the funds
Slide 10: 3 steps to Creating a Funding Roadmap
3 steps to Creating a Funding Roadmap Identifying the funds needed to meet your business objectives. Identifying the funding opportunities for which you might be eligible Prioritizing which funding solutions to target. Spend the funds
Slide 11: Target Funding Sprint
Target Funding Sprint Action: Create a Spreadsheet 1. Identify the use for your funds 2. Estimate the proposed costs 3. Timeline the use of funds 4. Determine alternative options 5. Prioritize the requests needed 6. Document your key variables 7. Target your funds The key to targeting funds is under