HOW TO FIND INVESTORS FOR YOUR STARTUP.
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INVESTOR
Investor is any person or entity such as a firm or mutual fund who pledge capital with the supposition of receiving financial yield.
STARTUP
Startup is any business that is just starting.
Some people are planning to start a business or they have started already but are looking for means to get fund to either start the business or expand it for those that have started already, well this article is for you.
There are many ways to get fund for your business example are ÷
1 . you can approach your freinds or family for capital ÷ you can discuss your business plan with your family members and freinds and you can either ask them for a loan or you can give them reason why it will be good and profitable for them to invest in your business.
2 . you can go for a small business administrative loan ÷ there are many administration which gives loan for small business enterprises you can apply for the loan with your business plan and am sure they will give it to you if you meet up with the requirements. alot of big business man now at one time or the other in there business life borrow loan.
3 . you can look for a private investor to invest in your business ÷ there are two types of private investor they are the Angel investor which is capable of investing all the fund needed for the business and venture capitalist which like to come in once the business has already started with good plan and administrative.
4 . you can find investor through crowdfunding platform ÷ allow individual and business obtained loan online it makes use of a website that specializes in different types of fund needed.
we have different types of crowdfunding
a . Reward- based crowdfunding
b. Donations based crowdfunding.
5 . you can do a personal marketing to look for investor ÷ it involves you going out to look for investor by your self although it can be a little stressful but who know you might meet an investor that is ready to invest in your business.
In conclusion , investor helps to facilitate the growth and development of a business by providing the capital needed to run the business effectively.
Finding funds for a small business is not really attractive and easy because it takes people to see achievement before they begin to believe but that should not be an excuse to quit trying.
Yes you are right, it should not not be an excuse for anybody to quite. Thanks
hello @loveth01,
One of the things I believe is that if you have to look for investors it is because the business is unproven and has a high probability of failure, but if you create the business and it starts to generate profits, investors will look for you because you have a proven business model.
Yes, you are right but some people want to start a business which they are sure it will succeed and make good profit but they don't have enough capital and borrowing loan to start a business is not the best option so they just have to look for investors.