Today, there are two kinds of sponsors. The first kind of sponsors has sufficient funds, but they have no experience to reference. They can invest huge amount of money in the project, but each time the project goes bust, all the money disappear.

The second type of sponsors for business put a huge frame, to overcome that very difficult, but those who did they will take their business. They correctly supervise their project, and with this company you will always be waiting for success. They will also help you in any difficult times, will prompt and will not allow to make a mistake.

If you chose the second type of sponsor, then you definitely need to do the following:
The first thing you need to do is to plan how to make your idea come true. Shall describe the points according to which you act. Calculate how much money you will spend on the embodiment of their ideas.

The second thing you must do is some test sales. This is necessary in order to see how to further advance your business. Implement the project so that after him was profit.

The third thing you should do is to make an analysis of your plan, make some adjustments to it (add something, remove something or fix). Some points can be made to a plan, but life does not work, then you need to find another way out of this situation.

The fourth thing you should do is to create another point of sale. And this time, your business will go differently, because in the first sale you what did not work, analyzed and made conclusions.

Fifth, we need to do is to create your personal business plan, calculating what happened, and what is not. You should also draw up a business plan you provide to your sponsor.