finance






 

Question by  Katie (92)

What should I do if I need an investor for a new business venture?

 
+7

Answer by  Heloise (397)

Try friends and family first. If they can't help, try the bank - you'll need a detailed business plan. As a last resort, you could advertise for investors.

 
+6

Answer by  patti (29325)

Right a detailed business plan. Borrow on your credit, from family members and/or mortgage your home to raise start-up funds. No investor is going to invest in a "new venture" by someone who does not have faith enough in it to use his own money. Investors also look to invest in experience individuals.

 
+6

Answer by  chrisshah (172)

It depends upon your capital needs. Assuming that you are looking to start a small business, you should start by leveraging personal contacts. Anyone who is already in the field, or similar field would probably be the best place to start with. You can also look into attending networking events hosted by various networks.

 
+6

Answer by  patti (29325)

Unless you have a proven record of success in business, you will likely not be able to secure capital. Investors do not make great gambles on unknowns. Best to start with your money as a demonstration of faith in you abilities. Use savings, mortgage the house, etc. If you are willing to invest, others might be later on.

 
+6

Answer by  Liz59 (10966)

Well, you should aim to show that your business proposal is going to be useful. Aim to show that you will get high returns for what you are offering.

 
+6

Answer by  PGR (74)

Prepare a business plan that shows what your expectations are about the success of the business, and how the investor will be rewarded for her investment. Dividends? Your repurchasing of the investment? Purchase of the business by a 3rd party, and a share in the proceeds? Preferential treatment in buying goods or services from the business?

 
+5

Answer by  hecarlso (196)

Put together a business plan with projected financials. They will also want to know how they will be repaid, how much money you want, and what kind of intrest rate you want.

 
+5

Answer by  Michael69 (21)

The best thing you could do, is know what your talking about. After that, check your local banks, people with alot of money that are in buisness, it is unwise to go in with family or a friend so i wouldn't advise that.

 
+4

Answer by  selvarajan (71)

You need (1). Money for starting the business (2).Idea (3).Decide which business (4) Experience (5) managing capacity (6)marketing (7)Good Place (8) financial assistance from bank (9) Office facility (10) Good contact (11) Business trick (12) pleasant nature (13) Interest

 
+3

Answer by  sellinghousesforyouyahoocom (48)

You should find a private capital funding company in your area. These firms connect starup business owners with investors who have a high risk tolerance.

 
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