Friday, December 31st, 2010
I am hoping to open my own business as have managed similar business for many years and feel it is a good time to start alone though I would appreciate advice on best forms of raising capital, pitfalls and best way of acquiring veichles. Thank you. After speaking to others on the web, I found the answer. Tons of info about starting, running a small business. Hope that helps. Best of luck to you. Pete
Tags: Best Of Luck, Good Time, Own Business, Pitfalls, Raise Capital, Raising Capital, Small Business
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Wednesday, December 29th, 2010
I am going to set up a bank and have prepared all the requirements. I am going to venture capital for this project and the plan completely . I want to choose a bank manger team and one or investors that can help me in raising the capital invest for running the project . we need millionairs or billionairs to help us . The problem is that at the moment I have not any company or valuable certificate to get a loan . another options is loans from banks but we have not enough credit to contract with them or do not know how to dial with them . I was happy to learn… You may want to go and pitch your ideas where investors gather. Here are some places where angel investors come and those looking for funding can come and pitch their business plans. Be sure to have a strong business plan and describe what makes your business idea stand apart: Angel Capital Association Angel's Forum Band of Angels Common Angels Keiretsu Forum Launchpad Venture Group New World Angels New York Angels Prairie Angels (charges $125 to submit idea) Robin Hood Ventures (charges $250)
Tags: Angel Capital, Angel Investors, Band Of Angels, Banks, Business Idea, Business Plan, Keiretsu Forum, Launchpad, Loans, New York Angels, Robin Hood, Running, Venture Capital, Venture Group
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Monday, December 27th, 2010
The world, especially in the current economic climate. . . is starving for new ideas and innovation. New directions come from economic slowdowns out of necessity. When the economy is pumping along, generally the dominating forces are the established and successful products and services in all the respective fields. But a downturn is the worlds way of telling itself. . . we want change. If you are an entrepreneur that wants to raise capital today. . . then I hope this article helps a little.
It is actually quite easy to raise capital today because of the current climate, so lets look at a brief guide to raising venture capital within say one week. The first step is to conduct an official feasibility study regarding your brilliant idea. This is simply research conducted to paint a picture of the current market of your product or service and the potential markets feedback.
You should present your feasibility study in a professionally documented manner so investors can take your paperwork with them for further discussion.
Along with a feasibility study, to raise capital today, you need to provide supporting statistical information that supports your arguments, opinions and assumptions. This statistical information must be fully verifiable by any third party if they so choose and the organization providing the statistics about the market should be seen as credible.
To find venture capital all you have to do is approach your local lawyers as they always have a loose knit network of associates and clients that look at new opportunities and would be willing to invest in them. A final note is to make sure you cover your own interests by always using a nondisclosure contract. This is a standard contract that can be purchased for $25 dollars from any lawyer ready made. You must make sure that anyone who comes into contact with your idea must have signed this legal instrument, which protects the confidentiality of all details of your concepts.
Tags: Assumptions, Brilliant Idea, Confidentiality, Current Market, Downturn, Economic Climate, Economy, Entrepreneur, Feasibility Study, Innovation, Investors, Lawyer, Lawyers, Legal Instrument, New Directions, New Opportunities, Paperwork, Raising Venture Capital, Statistical Information, Third Party
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