Looking to open a small retail yarn, fabric etc resale shop, along with consignment items, classes and a place for artists to display/sell their wares.
2007-03-21 16:27:54 · 2 answers · asked by Empress Jan 5 in Business & Finance ➔ Small Business
The size of business you want to start is too small for Venture Capital firms, or for groups who do invest in potentially promising businesses.
The best way to find your "Angel Investor" is to look at your friends, and to their contacts who may have money to invest. For the business you describe, you will need to have some "personal connection" with the investor.
Beyond that, you will need to have a detailed business plan. These typically have anywhere from 20 to 50 pages, so there is a lot of homework to be done.
I don't know what type background you have, but the potential investors will have to feel that you have a good chance of successfully running a business.
If you have any questions beyond this, e-mail me. I'll be happy to respond.
Good luck.
2007-03-23 10:04:16 · answer #1 · answered by David545 5 · 1⤊ 0⤋
you will possibly desire to type a corporation first and then discover them under the properly-known corporation traders. An angel investor or angel (additionally generic as a corporation angel or casual investor) is an prosperous individual who provides capital for a corporation start up-up, oftentimes in substitute for convertible debt or possession fairness. A small yet increasing style of angel traders handle themselves into angel communities or angel networks to proportion analyze and pool their investment capital. Angel capital fills the hollow in start up-up financing between "pals and family individuals" (sometimes humorously given the acronym FFF, which stands for "pals, family individuals and fools") who grant seed investment, and challenge capital.
2016-10-19 07:44:24 · answer #2 · answered by trinkle 4 · 0⤊ 0⤋