Like startup financial models, the importance of creating a pitch deck for your startup can’t be overstated enough. Pitch decks help startups to convey their business concept, value proposition, and target market. It’s a very important tool for getting funds from investors. It helps to keep investors engaged during presentations and this tends to increase your chances of getting funded. Beyond funding, getting a good pitch deck design service from a reliable firm, such as Spectup, can also serve as a marketing tool to get more partnerships and attract top talents to your company.

As important as a pitch deck is, creating one at the wrong time may not benefit your startup. As you read on, you’ll discover the wrong and right timings for hiring a reliable startup consulting agency like Spectup to help create your pitch deck.

Wrong timings: when is it too early or too late to create a pitch deck?

It’s too early

As you already know, a pitch deck isn’t something you can just rush to design. At the earliest stage of your startup, there are much more things to focus on than hiring an agency for pitch deck design service. The earliest stage here means you have the concept but your business hasn’t started operations.

• First, if you haven’t already developed your business plan, it’s pointless to think about creating a pitch deck.
• You want to become an entrepreneur but don’t have enough capital to quit your current job and focus solely on creating your startup? In this case, creating a pitch deck shouldn’t be your concern at all.

Instead of focusing on creating a pitch deck at this stage, the best you can do is consider how to make your business operational.

It’s too late

Before talking about the right time to hire a pitch deck consulting services provider, you need to understand that creating a pitch deck can also become late for your startup. A good example is if you’ve already seen a potential investor, who wants to see your pitch deck. Since a pitch deck isn’t something you can rush to design, you can safely say that it’s late to create one when an investor wants to see it quickly. Rushing to create a pitch deck will attract many errors – this will certainly make you lose the investor before you even stop your presentation.

That’s not all; it’s also late to create a pitch deck if you only have less than a month to raise funding for your startup. Pitch deck design services factor in many things, such as your business model, use of funds, competitors, what problem you’re looking to solve, and your product. Taking time to bring all these elements together takes time, which explains why rushing to create your pitch deck isn’t advisable.

When exactly is the right time to create a pitch deck?

You don’t have to wait until you meet an investor to create your pitch deck. Also, you don’t have to wait until your company needs funding in a few months before designing your pitch deck.

Instead, the right time to hire a pitch deck consultant is typically as soon as you have a clear understanding of your business concept, revenue model, and the market you want to target. By clearly understanding these factors, you can always proceed to create your pitch deck before proceeding to source for investors.

You can visit Spectup today to speak with pitch deck consultants and learn more about what you need to create your winning pitch deck.