View Full Version : Business Angels
ac4155
10th August 2010, 16:59
Hi all,
What our your thoughts on business angels? and how do you go about finding one to invest in your business?
also what type of things do they look for in going to invest in a new start up business?
Thanks,
AC
JohnsonandJohnson
10th August 2010, 23:05
Welcome,
Firstly do you have a business plan? Do you feel that you are investment ready? If so please PM me and we will take it from there.
fundingportal
11th August 2010, 08:38
Hi
There are several business Angel networks who can provide added value service such as ensuring that you are investment-ready, honing your business plan and setting realistic expectations for both parties.
Generally Angels will invest in businesses in which they have personal knowledge & experience, so targetting can save a lot of time and hassle.
The realisatic aspects of Dragonns Den are:
1. They see lots of proposals, so you have a limited opportunity to impress
2. They are not taken in by random figures and will question your projections
3. They will want a good return on their investment.
Will be happy to intrioducce you to a network if you feel you are investment ready..
The Pines
11th August 2010, 09:19
Hi
There are several business Angel networks who can provide added value service such as ensuring that you are investment-ready, honing your business plan and setting realistic expectations for both parties.
Generally Angels will invest in businesses in which they have personal knowledge & experience, so targetting can save a lot of time and hassle.
The realisatic aspects of Dragonns Den are:
1. They see lots of proposals, so you have a limited opportunity to impress
2. They are not taken in by random figures and will question your projections
3. They will want a good return on their investment.
Will be happy to intrioducce you to a network if you feel you are investment ready..
Sorry to butt in on this topic, but...
How does one know when one is 'investment ready'? What stage - conception, outline plan, full plan???
Maybe the question should be...
How much of a plan needs to be in place in order to get sufficient interest from an Angel in order to advance the plan to investment stage?
fundingportal
11th August 2010, 09:34
Sorry to butt in on this topic, but...
How does one know when one is 'investment ready'? What stage - conception, outline plan, full plan???
Maybe the question should be...
How much of a plan needs to be in place in order to get sufficient interest from an Angel in order to advance the plan to investment stage?
Good question. I would suggest that the first phase of 'investment ready' is when you have a business, as opposed to an idea - ie you have a product, confirmed orders (or at least letters of intent) and some some form of business structure.
Obviously the more eveloved the business, the less equity you will need to give away..