How do I find someone to invest in a Business idea?
I have an idea for a business that I’m confident would be successful. Are there investors out there who might listen to the idea and be willing to help? I’m not sure how to get started.
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July 24th, 2010 at 7:00 am
You might consider getting everything together. (Idea, business plan, marketing plan, profit projections etc) and going to the bank. Many small businesses will get started off with a small business loan from a bank (national banks are going to probably be easier).
Like I said before make sure you have everything together and very presentable and professional before going to the bank! Remember that you are not just applying for a loan, you have to SELL the idea to the bank or they won’t think you will make any money on it.
Hope that helps!
July 24th, 2010 at 7:33 am
sure, getting them to loanyou the money is the hard part,
getting a bank loan is quite difficult unless you have atleast 25% down.
July 24th, 2010 at 8:06 am
You need more than an idea; you need a business plan. How will you make the product? How much will it cost to make? What will the price be? How will you bring it to market? Those and many other details are what make a business idea successful. I don’t want to hurt your feelings, but ideas are a dime a dozen – it is the ability to successfully implement the idea that really matters.
July 24th, 2010 at 8:37 am
Writ a business plan! Get someone you that has money
and also have interest in investment, discuss with the fellow.
A point of warning, SIGN agreement with anybody you are
partnering with.
January 13th, 2011 at 12:45 pm
you can get your business multiplied with me
December 13th, 2011 at 1:20 am
I have not checked in here for a while as I thought it was getting boring, but the last few posts are good quality so I guess I will add you back to my daily bloglist. You deserve it my friend 🙂