When an investor tells you they'd like to fund your company, it may feel like you've reached the finish line. The hard work and time you've put in to fundraising is finally paying off, and soon enough you'll have the resources you need to grow your business.
Not so fast. As any good salesperson will tell you, there's a big difference between "I'd like to close" and actually closing. From getting partner buy-in to completing due diligence, there's a lot to think about when closing a new investor. If you know this, and are properly prepared, you can reduce the time it takes to get your check, plus save yourself a lot of headache. Here are a few things you can do to make the process smooth.