As part of Blackhawk’s close group of family and friends; and to set the record straight, we thought we’d share with you the Classic “deal killers” that we encounter when reviewing the more than 2,000 business plans submitted to us on the average a year. By “deal killers” we really mean the generic statements for you to avoid when submitting your “Elevator Pitch”.
We hope this short list will better assist you fine tune your “Value Proposition” when approaching us for funding.
The solution seems to be to have a set list of deal killers and to stick to that list regardless. The problem of course is that you could miss great deals and there’s merit in looking at deals on a case-by-case basis. But we’re sticking in here to when in doubt; kill it, because you simply don’t need to take undue risk.
The following list is not exhaustive, but outlines a few scenarios in which we’d kill a deal in an instant.
Read More: What are our Private Equity Deal killers?