Where can I find a busniess partner for my business? I have a good busniess idea but I just cant seem to get going due to money. I have put all I have into the busniee and I am close but still need more to get thing moveing. I can explain how this will be a very profitable business.
2006-06-18 07:55:09 · 7 answers · asked by beau.williams 2 in Business & Finance ➔ Investing
From the article "Find Yourself an Angel" http://www.powerhomebiz.com/vol13/angel.htm here are some places where you can find investors to help your small business:
1. The first place to look for is among your business associates. You have a greater chance of securing financing from people who knows you. Then ask your business associates to ask their acquaintances. However, the farther the relationship and the lesser the prospective angel knows you, the lesser the chances of securing the investment unless they have a unique understanding of your product.
2. Network, network and network. Join a professional organization or trade group for your industry. Begin attending meetings on a regular basis. This is the best way to get acquainted with successful business owners in your field.
3. Stay local. You don't need to go beyond your geographic area to find investors willing to take their chances with your venture.
4. Discreetly inquire about people who appear to be the most successful members of your industry. Pitch the idea to your lawyer or accountant - they may be interested or know someone who could be interested. They may have clients who frequently invest in a new and growing business.
4. Research on the Internet.
Angel Capital Association http://www.angelcapitalassociation.org
Angel's Forum http://www.angelsforum.com
Band of Angels http://www.bandangels.com
Common Angels http://www.commonangels.com
Keiretsu Forum http://www.k4forum.com
Launchpad Venture Group http://www.launchpadventuregroup.com
New World Angels http://www.newworldangels.com
New York Angels http://www.newyorkangels.com
Prairie Angels http://www.prairieangels.org (charges $125 to submit idea)
Robin Hood Ventures http://www.robinhoodventures.com (charges $250)
vFinance Directory of Angel Investors: http://www.vfinance.com
2006-06-18 16:26:16 · answer #1 · answered by imisidro 7 · 0⤊ 0⤋
Write up a business plan and go to your town's Small Business Administration. See what meetings there are available for local small businessmen. Attend several of them to see what kind of clientele shows up. Occasionally you will see bankers as well as wealthy people show up. Both would be a good audience to test your idea against, but generally any conversation will end with "Do you have a business plan?" If you happen to have one, and promise to fax it by tomorrow, you'll look well-prepared, plus get the person's contact information.
2006-06-18 08:08:13 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Have you tried friends and family members? Might be hard to get a loan from a commercial lender under your circumstances, but if you can show that it is very likely to become profitable, a commercial lender like a bank might lend you some money.
2006-06-18 08:02:19 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
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2016-11-14 22:47:58 · answer #4 · answered by ochsner 4 · 0⤊ 0⤋
create a business plan, if you do not know what this is, pick up some college textbooks on business or take some classes.
Then take your business plan to the banks around your area and start asking for money....make it a corperation just in case it doesnt make it then you wont have your personal money used to pay off your business,....
2006-06-18 08:01:28 · answer #5 · answered by lily 3 · 0⤊ 0⤋
Angel Investors but their is a fee, I think it is $39.00
Type Angel Investors in your search engine.
2006-06-18 08:00:48 · answer #6 · answered by Anonymous · 0⤊ 0⤋
contact me.
2006-06-18 07:59:19 · answer #7 · answered by sidekick 6 · 0⤊ 0⤋