|
||
How to attract new investors to help your small business' finances
Tips for getting investors to look at your business Getting investors to help start up your business One of the most fortuitous ways to finance the beginning of your business is by getting an investor to put money into your business as you are starting it up.Before you even begin looking for investors-sometimes called angel investors, or even family members or friends-you begin your search for investors by coming up with a strong and detailed plan for your business.Any investor is going to keep his or her money away from any business that does not look like it is going to succeed.Before your business is even started up, then you need to come up with a very detailed plan for your business, including goals, a layout of your suppliers and your potential customers, an analysis of your market niche and how you will succeed in your market, a detailed marketing plan that will demonstrate how you will locate and win over potential customers, and so on and so forth.You should have projections of your income and projected gains from your business venture, and you should be able to show where you will be getting the necessary money and where it will eventually go. Once you have all of these details in place and carefully written down, then you will be able to go to investors and present your detailed business plan.Your plan will demonstrate that you are serious about being successful in your business venture, and that you know that it can succeed.Investors will not look seriously at you unless you have a serious business plan. Getting investors to look at your business In order to get investors to look at your business later on, then you need to take steps to publicize your business, to market your business plan, and also to make your successes widely known.Contact stock market traders and let you know about your plans for expansion.Contact other people who will be interested in buying stocks in your business and are willing to put money in a company that might not be as well established, but has high promise for success.Ask friends, and consider joining different email groups and online groups geared towards people who are interested in investing in smaller companies, or companies who are not extremely big.Make sure that you go to conferences and conventions that are geared towards people who are interested and involved in your particular market. If you are involved in pharmaceuticals, make sure that you go to pharmaceutical conventions so that other people will be aware of your business and know about your successes and your business' potential.
,
|
||
Copyright 2003-2020 by BusinessKnowledgeSource.com - All Rights Reserved
Privacy Policy, Terms of Use |
If you would like a tool to... (Below threshold)
Dan:
September 19, 20088:05 AM | Score: 0
If you would like a tool to manage your small business activities and Projects, you can use this aplication:
https://www.Gtdagenda.com
You can use it to manage and prioritize your Goals (for business but also in other areas of your life), Projects and Tasks. It has a Checklists section, for the routines andrepetitive activities that any business has to do. Also, it features a Schedules section and a Calendar, for scheduling you time and activities.
Some features from GTD are also present, like Contexts and Next Actions.
And it's available on the mobile phone too, so you can access it from anywhere.
Posted by Dan| September 19, 20088:05 AM Score: Posted on September 19, 2008 08:05