1. How can I come up with a great name for my business? +
Creativity is a must in this case, so try to brainstorm a few names that can describe what your product can do. Make sure that the name is available - do a Google search so you can eliminate the ones that are taken. Based on that, later you can develop your brand: logo, website.
2. What kind of business should I start? +
You should focus on something you are passionate about, something that can be integrated in scalable business model, can be profitable and can be multiplied.
3. Can use your platform if I already have a business that I want to expand? +
Yes you can! Our platform is a great tool you can use to see what you’ve done so far, find out what can be changed/improved and if you need to expand it, you can get finance depending on the stage you are at.
4. Is it necessary to fill in all the sections of the project in order to get funding? +
Yes. You have to make sure you follow the tutorial available, offer as much information as possible, so you can have access to the finance options available on our platform.
5. How much equity of my company should I give up to investors in my business? +
Congratulations for completing the project! Now you should offer as much as it take to get funded. Do not over-optimize on ownership. Get the funds for growing your business and make your investors happy as well.
6. How many projects can I start? +
We recommend to start with one and pivot your idea in case you wish to expand it without losing the data.
7. Where do I find co-founders? +
Most successful startups have more than one founder. Usually you should have the same interests and constructive solutions in regards of the project. Most of the times, co-founders are/were in the same school or worked together.
8. What is the Stage in my project? +
Stage 1: Seed capital

The descriptor “seed” is appropriate here, since it suggests money that will fuel a startup’s growth down the road. At this point, the leaders of a startup may not have any commercially available product yet and are instead most likely focused on convincing investors why their ideas are worthy of VC support.

Seed funding rounds are typically small and are channeled toward research and development of an initial product. The money may also be used for conducting market research or expanding the team. There are seed accelerators out there, that accept applicants, provide seed capital and offer an opportunity to demo a solution to major investors.

1. 4 - 10+ years to exit. 
2. Founding entrepreneurs are developing and polishing business & operations plan. 
3. Founding entrepreneurs develop the business model, company goals and long-term product strategy.
4. VC provides startup capital and helps refine the planning process.

Stage 2: Startup capital

This stage is similar to the seed stage. With initial market analysis conducted and business plans in place, companies look to begin marketing and advertising the product and acquiring customers.

Organizations at this stage likely have at least a sample product available. VC funding may be diverted to acquiring more management personnel, fine-tuning the product/service or conducting additional research.

1. 3 - 8+ years to exit. 
2. Founding entrepreneurs are developing and polishing business & operations plan. 
3. Founding entrepreneurs develop the business model, company goals and long-term product strategy.
4. VC provides startup capital and helps refine the planning process.

Stage 3: Early stage/first stage/second stage capital

Though sometimes called “first stage,” this stage only comes after the seed and startup ones in most cases. Funding received at this stage will often go toward manufacturing and production facilities, sales and more marketing.

The amount invested here may be significantly higher than during prior stages. At this point, the company may also be moving toward profitability as it pushes its products and advertisements to a wider audience.

1. 3 - 7 years to exit. 
2. Founding entrepreneurs focus on working on product development. 
3. Key managers and technical experts develop product prototypes. 
4. VC funds and supports operating and development efforts.

Stage 4: Expansion stage/second stage/third stage capital

Growth is often exponential by this stage. Accordingly, VC funding serves as more fuel for the fire, enabling expansion to additional markets (e.g., other cities or countries) and diversification and differentiation of product lines.

With a commercially available product, a startup at this stage should be taking in ample revenue, if not profit. Many companies that get expansion funding have been in business for two to three years.

“VC funding serves as more fuel for the fire, enabling expansion to additional markets and diversification and differentiation of product lines.”

Initial Expansion Stage 

1. 2 - 5 years to exit. 
2. Founding entrepreneurs focus on product refinement. 
3. Company tests, refines and starts initial manufacturing of prototypes to eliminate major technical or product risks. 
4. VC finances operations and provides business expansion expertise.

Secondary Expansion Stage 

1. 1 - 4 years to exit. 
2. Founding entrepreneurs focus on scaling marketing efforts. 
3. Management works to increase market presence and develop second generation products.
4. VC provides funding and consultation to achieve positive cash flow.

Stage 5: Later Stage/Mezzanine/bridge/pre-public stage

After reaching this juncture, the company may be looking to go public, given that its products and services have found suitable traction. Funds received here can be used for activities such as:

  • Mergers and acquisitions
  • Price reductions/other measures to drive out competitors
  • Financing the steps toward an initial public offering

If all goes well, investors may sell their shares and end their engagement with the company, having made a healthy return. Many tech IPOs – think Facebook, Twitter and Yelp – were only possible after years of VC funding that fueled user and revenue growth. There’s a saying that there’s no such thing as a free lunch, and VC funding of free apps and services is a good case in point.

1. 0 - 2 years to exit. 
2. Founding entrepreneurs focus on profitablity. 
3. VC and management team position the company for an IPO or acquisition. IPO/Acquisition - Entrepreneurs, management, employees and VCs are rewarded for hard work and investment - cash-out subject to lock-up period and SEC restrictions.

9. Payment Token information? +
Payment with PGF7T Token is working and will be available at the end of the ICO, after April 30, 2019.
For more information about PGF7T you can connect to the web site https://etherscan.io
At the moment, to proceed with the Payment is necessary to use and launch the Web application METAMASK https://metamask.io
We remind users to automatically set the gwei function in MetaMask.
10. pgf500 SaaS platform - How does it work? +

How to improve your business strategy using pgf500 platform

The first step is to photograph the current business strategy.
To do this, the best tool is to use a model called a Sustainable Business Model Canvas.

So you can use pgf500 platform, open your own project, and enter all your info in the Sustainable Business Model Canvas.

Once this is done, since you have 15 days of free trial, you can create a pivot of your project and invite your team to the second project, simply by entering their emails in “Team”.

At this point you and your team can work on the new strategy, a new business model, experimenting with new actions and seizing new opportunities.

Remember that all the information in the 11 fields of the Sustainable Business Model Canvas is important.

In addition, you can also turn your business green, in order to become sustainable and carbon-neutral, Net Zero.

If you want to better understand what a business model is, find some insights at these links:

Business Model Canvas
Sustainable Business Model Canvas

Start with 15 Days For Free

11. How to approach sustainability in an existing business? +
There are generally 3 approaches to adopting sustainability into an existing business:

1. assimilation
2. mobilization
3. transition

with the latter being the most successful for long-term integration.