Why Would a Business Angel Want to Invest With Me?
There are many reasons a business angel, or private investor, chooses to do invest in other businesses. Here are some key reasons a business angel would choose you as their next investment.
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Your idea – investors are always looking for new, innovative products and services. High-tech and high-growth potential products are also favored.
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Your skills and experience – what are you bringing into the partnership? They will want to see that you have at least some basic business skills. Have you ever owned a business? What is your education background? Do you have special aptitudes or talents that will help you become successful?
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Your Business Plan – how complete and professional is it? Does it provide extensive information on your income and expenses, marketing, market share, organization charts, future projections?
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Your Commitment and Dedication – are you 100% committed to your project or are you treating this as a hobby? Investors will want assurances that their time and money will not be wasted on an entrepreneur who is not fully committed.
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Your Flexibility – Do you have a plan B in case plan A does not go exactly as intended? Are you willing to listen to new ideas? Are you ready to learn new things?
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Your Goals – What do you want from your business? From your partnership with your investor? Do you have goal projections for at least the next 5 years?
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Your Funds – Business angels want to know that you are contributing at least some of your own funds to your venture. This shows them that you believe in yourself and your business and you will be more apt to make it work.
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Your Profit Potential – investors want to know that they are going to make a high return on their initial investment. They need to feel confident that you have a good product, a good business plan, and an entrepreneurial spirit to propel your business forward and create a profitable enterprise.
Business angels are everywhere, no matter what country you live in. As long as they are confident and see value in what you are offering, they will invest in your business and help you create the business you’ve always dreamed of.
About the Author:One of the best websites in this regard is entrepreneurinvestornetwork.com.au, which aims at uniting angel investors looking for business investments in Australia with budding entrepreneurs in the country.Log on to the website today. You will not be disappointed.
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