5 Tips on Finding Angel Investors and Venture Capitalists
Do some research. Identify the most likely candidates by asking your accountant, banker and lawyer.
Keep an open mind—potential investors may be anywhere. According to Success magazine, one entrepreneur found an angel investor among the motorcyclists he rides with on weekends.
5 Tips for Writing a Business Plan For a Loan
Begin with a statement of purpose. You should be able to explain your business in 25 words or less.
Tell how your business will work and why it will be successful. List the owners.
Fill in the business details. Describe its products or services, the customers, the market and the competition. List the managers and their credentials.
Supply three years of projected financial statements. Include income, loss, and cash-flow projections.