Why Startups Fail to Secure Early Stage Funding for Startups

The term “early-stage funding” is often used in connection with tech startups. But it isn’t only tech startups that need early-stage money – it’s any startup or small business looking to raise its first round of financing. Naturally, the overwhelming majority of startups are not successful. Still, it’s not uncommon for new entrepreneurs to ask themselves if they need a business plan as they’re looking to secure early-stage funding — and if so, what should go into it?

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