Find an Investor for Your Home Business Garden City KS

Some investors are successful business owners who have sold their businesses, have large amounts of money, and would like to get involved in starting or growing another business. Other investors are simply your family and friends who might have limited money and little business experience, but they want to see you succeed.

Golden Plains Credit Union
(620) 275-2151
1714 E Kansas Ave
Garden City, KS
 
Western Credit Inc
(316) 283-2288
400 S Main St
Newton, KS
 
Community Finance of Kansas Inc
(620) 664-5433
401 N Main St
Hutchinson, KS
 
Farm Credit of Western Ks Aca
(785) 462-6714
1055 S Range Ave
Colby, KS
 
Fireside Bank
(913) 451-9092
11007 Metcalf Ave
Overland Park, KS
 
Carkansas Inc
(316) 685-9222
11716 E Kellogg Dr
Wichita, KS
 
American General Financial Services
(913) 381-0571
6875 W 91st St
Overland Park, KS
 
American General Financial Services
(785) 825-1656
2028 S Ohio St
Salina, KS
 
Kansas State Bank
(785) 587-4000
1101 Bluemont Ave # 9
Manhattan, KS
 
Kansas Homestead Rehabilitation Corporation
(785) 233-2399
400 S Kansas Ave Ste 203
Topeka, KS
 

Find an Investor for Your Home Business

Provided By: 

How to Raise Money from Investors
By Nora Caley

You benefit because you can raise enough money to grow your business, and the investors benefit by sharing in the business’s profits.

The trick is to find investors who are willing to take a risk on your company. Although some investors prefer to put their money into companies that are large and proven, others are eager to buy a piece of a newer, smaller company that they hope will earn them money.

Before you approach people, decide how much money you want to request. Write a business plan that indicates how much you need to buy or lease equipment, run an effective marketing campaign, and other expenditures.

When you ask for funding, focus on small dollar amounts. Don’t ask one individual to buy a large share of your company, unless you want to give up much control to one partner. Instead, try to get financing from several investors, thus spreading the risk. Some investors won’t put their money into a new endeavor if they think no one else will do the same.

Types of Investors
Some investors are successful business owners who have sold their businesses, have large amounts of money, and would like to get involved in starting or growing another business. Other investors are simply your family and friends who might have limited money and little business experience, but they want to see you succeed.

Both types of investors want to know how they will benefit from giving you money. Prepare a presentation that shows how you will market your business, how much revenue you expect the company to generate in the first few years, and how you will spend their investments.

Avoid sales clichés. Don’t tell people they need to invest quickly. Don’t use phrases like “once in a lifetime opportunity” or promise huge returns on their money. Make sure your presentation is free of all errors and typos. Use concise, clear language.

When you approach potential investors, make sure you are clear about whether you also want their advice or expertise. Some investors want to be able to take some control of your business. Others will want to be silent partners who don’t need to work next to you every day, and will be satisfied with regular updates.

How to Find an Investor

Start with your warm market, your friends and family. Then ask your friends and family if they know anyone else who might like to invest in your company. Ask your accountant, lawyer, banker, and others. If you are getting advice from a SCORE counselor or an expert at your local

Small Business Development Center, ask them where to find investors. Approach those potential investors the same way, with research and facts.


Joining Groups

Then start networking. Reconnect with people with whom you’ve lost touch, such as former coworkers, acquaintances, and friend...

Click here to read more from Home Business Magazine

© Copyright 2013 Home Business Magazine. All Rights Reserved. Privacy Policy | Terms and Conditions
Infoswell Media