How to find your investor?
Running a business is tough but finding an investor for the business can be tougher. Finding the right investor at the right time can help the business gain an advantage over other companies.
As we all know that small enterprises require extra funding at critical junctures in their development. The most frequent reasons small business owners seek investors are for startup and capital raising for expansion.
Investor brings in experience, networks, cash balance, assets, technology, and many other things which help the business make decisions more quickly, and effectively. Investors can also help in hiring personnel with a whole different set of business-focused minds.
Investors can also help businesses increase their reach which in turn increases revenue and profits.
All of this is looking great but how to find your investor still remains a question.
Ways to find your investor
Networking
Friends and Family can be your First Investor
Reach out to Venture Capital firms
Attend events like Shark Tank
Ask Angel Investors to invest
Consider crowdfunding
Leverage your personal and professional networks
Whenever you are finding an investor, you should always be ready with your business presentation outlining your
- Business model
- Aspiration
- Financial goals
- Role and Duties in the company
- Business numbers (sales, profit, gross margin)
- Industry numbers (size of the industry, growth rate)
Apart from this, whenever you are looking for an investment, you should try to land on the right figure meaning your valuation should not be too high which may stop investors from investing in your business.
Running a business is tough but finding an investor for the business can be tougher. Finding the right investor at the right time can help the business gain an advantage over other companies.