startup funding

[Dragizzane]

I was wondering, what kinds of ways are the best to raise the startup capital one needs to start a business? and what is the best way to present to private investors so that they will be willing to support your business?

[Killerkenne]

You'll probably want to consider learning how to write a business plan. It's take a bit of work, but it's worth it. This will help you layout your business model to see if it has the potential to make money. This will prepare you for the next stage of approaching investors. I own a company that can help you with this if you're interested.

Ken

[bizdev]

Absolutely write that business plan first.
You will find that funding is very difficult to obtain even with a great business plan. Venture capital if primarily for the big guys. Grants? Non existent for for-profit startups. Loans? Extremeley difficult to qualify.

I have created a new funding option that will help the entrepreneur that cannot get funded through traditional venues.

We can't rely on Uncle Sam folks. We need to help each other. See my signature for more info.

[Lucas_gm]

Yes, writing a Business plan will help, but is important to do it for you firstly, because you will get to the financial part including financial proyections, Working capital required etc, and then you can realize some things about the business and perform an idea of what kind of funding you can apply .

Let me recomend the page on my profile for u, wich is related with your questions.(look for the funding page)

Greetings

[myfayt]

Depends on how much funding you need, there is big differences depending on the amount.

[Dragizzane]

im looking for just about 2K, not too much but a substancial amount

[Dragizzane]

would you suggest having as many investors as possible or trying to hav a few that put up large amounts

[rpermana]

1. Your first potential investors will be your parents.
2. Every investor needs a solid business plan. How can someone just put their $50,000 to you without knowing if they are going to loose it all or gain it from there.

If you need help to write business plan, you can refer to How to write a business plan, sample business plans, templates, and more.

[myfayt]

For $2k it isn't worth taking out a loan for that amount, loans can destroy your credit. The best bet is either to get a job and save up, or ask family and friends to invest.

[NeutroHost [Jon]]

I'd agree with myfayt. Find a job and save up. Try to avoid getting investors cuz when returns drop, you will have these sophisticated individuals barking up your door and for someone inexperienced, it can be a nightmare.

Funding your own business is the best way to go. I'd say avoid asking your friends and family for money since if your business goes sour, so may your relationships with these people.

At the end of the day, plan ahead and cross your fingers.

[Dragizzane]

thnx for the advice, now if i wanted to raise more money in the future would it still be acceptable to ask for investments even though the business has been started or do investors usually only invest in the beggining of a business's existance

[Future of Edu]

thnx for the advice, now if i wanted to raise more money in the future would it still be acceptable to ask for investments even though the business has been started or do investors usually only invest in the beggining of a business's existance

Depends on what you are wanting to do with the money. What is your growth potential, how much are you asking, terms, feasability etc.

Enjoy Life,

Nick

[Dragizzane]

that sounds good

[Dragizzane]

i just have a few questions

[Dragizzane]

how can u be sure that your business plan will work?