Finding an investor to start-up a business is one of the most challenging tasks for entrepreneurs. Here are 10 steps you can follow to find investors and persuade them to fund your business.
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
10 Steps to Find Investors for Small Business Funding
1. 10 Steps to Find Investors
for Small Business Funding
Presented By: www.Bizzpar.com
2. Write a compelling Business plan so that you can
brief your idea to potential investors.
Present your business in detail
Include a full description of your company
Talk about your goals(be realistic)
How much money do you need to realize them
3. Decide on the type of investor you exactly
want, most common types of investors are…
Angel Investors
Equity Investors
Venture Capitalists
Corporate Investors
4. Network with friends, family and others in your
field to find an investor who might be interested
in funding your business.
5. Contact with local small business
owners, community organizations or local
government entities. Show them how they can
benefit from your business and explain how it
might be worth their investment.
6. Join trade associations and local chamber of
commerce in your sector to network with
established entrepreneurs and business people.
These are ideal places to find willing investors or
business partners.
7. Check out websites related to finance and
business funding, however this phenomenon is
quite new but you might be able to locate an
angel investor or business partner.
8. Search for government grants offered by the State
and local governments. For women and
minorities, Government offers additional financial
assistance.
9. Explore venture capital firms, Venture capitalists
generally favor high-growth companies that can
offer an average 20-30 percent annual return on
their money, they take a structured and careful
approach to business investing.
10. Small Business Administration (SBA) also offers a
variety of grants, contact with a SBDC(Small
Business Development Center) consultant to know
the process for these low-interest loan programs.
11. Find a university with a strong entrepreneurial
program, meet with faculty and other staff about
the help they can offer you, they have good
relations with investors.
12. Contact Bizzpar for your all your Investing, Business
Partnering and Buying Selling Business Needs.
Leicester UK
Phone: 44-116-2101029
www.Bizzpar.com