Beels’ effective and structured process is carried out with the company’s founders under the leadership of a Certified IRP Instructor. The process includes five or six two-hour meetings and takes place over a 5-10 week period.
In between the meetings, the founders work on the eight tasks included in the process. The instructor leads the meetings, documents the discussions and provides feedback regarding the founders’ input. Course literature is included, and instructions for the tasks are provided in the IRP tool, a cloud-based tool in which the meetings are documented by the instructor and the tasks are performed by the founders.
The result of Investment Readiness Process is that the founders are well prepared for a capital acquisition process and have a well-considered and agreed investment offer with value-driving factors, strategic activity plan, milestones, financial forecast, exit strategy, valuation model and investment design, including total capital requirement, pre-money valuations, dilution effect for the founders and potential return for the investors.