Investors needed to grow business

**VitalPrimeLabs** · 02-26-2009 10:29 AM

I am going on my third year in business and am at the point that I can no longer meet customer demands. I am looking for investors. Please PM me if interested or post if I did not put enough information here.

**SIMPLEROBB** · 02-26-2009 03:24 PM

What kind of business is this?

**rogercbryan** · 02-26-2009 05:06 PM

What a horrible post.. .this drives me nuts!!

What is the business?
How much do you need?
What is the ROI?

WTF!!! You don't want money... you just wanted to waste 20 seconds of your life typing this stupid ass post... you all kill me!!

**Grandmarnier** · 02-26-2009 05:46 PM

Have you noticed that all the people that are looking for investors have less than 10 posts.

Would you happen to be from Nigeria?

**SIMPLEROBB** · 02-26-2009 05:58 PM

Originally Posted by Grandmarnier

Have you noticed that all the people that are looking for investors have less than 10 posts.

Yeah. Maybe they should look around first.

**itzpaul** · 02-26-2009 08:28 PM

Yeah, it's a horrible post.

Let me rephrase his question, since I'm also interested.

"What do I need to get funding for my business plan?"

I would probably need 100-500k. I'd build an internet based company. I have many ideas, probably some that are being done with bigger budgets.

How do start-up companies get $1 million or $5 million in funding. What would I need to have?

Experience? Money? etc? Business Plan.

**edwardwilson** · 02-27-2009 06:38 AM

Originally Posted by VitalPrimeLabs

I am going on my third year in business and am at the point that I can no longer meet customer demands. I am looking for investors. Please PM me if interested or post if I did not put enough information here.

If you would love to recuperate your business then write me a message leaving your contact details and lets take it up from there.

**VitalPrimeLabs** · 02-27-2009 08:15 AM

"What is the business?"
Business is wholesale/distribution.

"How much do you need?"
I am looking for $100k

"What is the ROI?"
I was thinking of having a certain percentage of our gross yearly sales over a 5 to 10 year period. At a minimum 250%.

Originally Posted by rogercbryan

What a horrible post.. .this drives me nuts!!

What is the business?
How much do you need?
What is the ROI?

WTF!!! You don't want money... you just wanted to waste 20 seconds of your life typing this stupid ass post... you all kill me!!

**VitalPrimeLabs** · 02-27-2009 08:17 AM

Originally Posted by Grandmarnier

Have you noticed that all the people that are looking for investors have less than 10 posts.

Would you happen to be from Nigeria?

No, I am not from Nigeria, I live in a Suburb of Buffalo, NY

**VitalPrimeLabs** · 02-27-2009 08:19 AM

Originally Posted by itzpaul

Yeah, it's a horrible post.

Let me rephrase his question, since I'm also interested.

"What do I need to get funding for my business plan?"

I would probably need 100-500k. I'd build an internet based company. I have many ideas, probably some that are being done with bigger budgets.

How do start-up companies get $1 million or $5 million in funding. What would I need to have?

Experience? Money? etc? Business Plan.

I already have a business plan and a 3 phased plan that this investment would go towards. My business has been running for 3 years now.

**EBITDA** · 03-02-2009 01:04 PM

As a wholesale/distributor, you should have plenty of assets against which to borrow; have you approached any banks or finance companies?

Alternatively, $100k is a small amount, although there may be some SBICs that invest small amounts as sub-debt. finally, talk to your attorney and accountant, they should have a network of high net worth individuals that are looking for attractive opportunities.

Structure-wise, think about a traditional interest/dividend rate plus warrants as opposed to a percent of the gross sales. The more familiar to traditional investments your deal is, the better - its one less thing you need to overcome.

Finally, if you approach high net worth individuals, make sure you are in compliance with state and federal securities laws. Under the Securities Act of 1933, any offer to sell securities must either be registered with the SEC or meet an exemption. Regulation D (or Reg D) contains three rules providing exemptions from the registration requirements. Reg D are for the benefit of small companies such as yours seeking to raise capital from accredited investors.

There are also state laws to consider. Since you are seeking an investor you are by default issuing securities.

A Private Placement Memorandum, or PPM, is a way to communicate what your company is about and a summary of terms for the security you are offering. By using a PPM you are providing prospective investors/partners with a consistent communication of your offering, thus providing yourself with cover from potential securities fraud claims.

The other benefits from having a PPM is 1) you intentionally think through what you are looking for; and 2) you present a professional face to your fund raising efforts.

An attorney may charge you $15,000 to $20,000 or more (I spent $18,000 on my last PPM), but, and this is self serving, you can get a template and write you own for $247 from TransCapital Pro. Ping me if you have any other questions.

**VitalPrimeLabs** · 03-03-2009 06:17 AM

EBITDA,

Thanks for all the information.

**highlanderpg** · 03-03-2009 01:35 PM

I notice some of the posts in here are a little heated, I am new and didn't put alot of
info on my own post as #1 most of my info is highly confidential and I'm sorry but I'm not about to spread it all over the free world for someone else's comfort level.

#2 I only want to talk to serious people who have the capital and the actual intention
of going further with a venture.

I thought we may want to take it easy on people, especially new people who are just learning. They may not want to bare their souls to a bunch of strangers on the internet.

Just a thought.