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How your business plan can help attract investors?

How your business plan can help attract investors?

Create a solid business plan. As they always say,”if you fail to plan,you plan to fail.” As with any other major endeavor,a business will not take off

  • Demonstrate how your business is different from the competition. You may not be the only one who came up with that business idea.
  • Have a winning team.
  • Be a confident leader.
  • Carry insurance.
  • What can you do to attract small business angel investors?

    Build a Convincing Business Model. Angel investors always look to see a well organized and thought out business model.

  • Build a Team. Building a pro-organization strong team is very important for entrepreneurs who are looking for angel investors.
  • Put Your Own Money.
  • Create a Financial Projection.
  • Do Online Brand and Media Promotion.
  • How to get funding for Your Startup?

    Friends and Family. Borrowing money from friends and family is a classic way to start a business.

  • Small Business Loans. Some banks specifically offer loans to small businesses,but banks historically are careful about giving money to small companies.
  • Trade Equity or Services. Looking to get some web design done? See if you can barter with your neighbor who does some freelancing on the side.
  • Bootstrapping. One of the most common ways to get a business up and running is through “bootstrapping.” Basically,you use your own funds to run your business.
  • Incubator or Accelerator. Business accelerators and incubators have sprung up all across the country,particularly near colleges with a strong business program.
  • Crowdfunding. If you have a sexy idea and you’re great at social media,crowdfunding might be an option.
  • Small Business Grants. The Small Business Administration as well as other organizations sometimes offer grants to small businesses that are run by women,minorities,or veterans.
  • Local Contests. Let’s face it; unless you have an incredible idea and a strong business history,you’re probably not going to make it onto Shark Tank.
  • Keep Your Day Job. This is the suggestion no one likes.
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    How to find potential investors for your business?

    Start-up Launch Platforms.

  • Angel Networks.
  • Crowdfunding Sites.
  • Incubators&Accelerators.
  • Small Business Administration.
  • Professional Social Networking Sites.
  • Private Equity Firms.
  • Online Lending Platforms.
  • Personal Marketing Effort.
  • Friends&Family.