Not sure where to go to look for INVESTORS?

Question

I'm working on my business plan and I'm currently on the budget analysis and projected revenue portion, I just don't know what to do after. I know I'll have to ask for a loan but I'll also need investors. The business I'd like to start is a Pet Resort so it's a HUGE amount of $. I don't know where to go to ask for such a large amount I don't know what it would take to be approved for a bank loan. Any advice as to where I should start, what steps I should take, where to look, what information I might need, would be GREATLY appreciated.

Thank you in advance.

Answer 1

Adding to what jcurrieii said,

Definitely speak to people in your local SBDC or SCORE chapter, they can really help you with direction to go to seek funding for a startup business as far as pointing you towards Government Grants that are available, Angel Investors, or even Venture Capitalists depending on what you need.

I'm glad to hear that you're already working on your business plan as creating a plan, not just the document but the knowledge you'll get from building it, will help you a lot. Bplans.com has a list of articles that might interest you about Funding and Finance of Startup Businesses as well:
http://www.bplans.com/fb/

Here are links to the SBDC and SCORE Websites as well:
http://www.sba.gov/aboutsba/sbaprograms/sbdc/index.html
http://www.score.org/

Answer 2

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Answer 3

Assuming you have a good credit history, apply with the local, regional, state/province, and federal governments for grants to help with the seed money.

Do this, and consult with several different banks and "Angel" organisations. Please note that in some areas it is apparently a criminal offence to advertise for investors, so consult with a good corporate lawyer.