Angel investors: investing in new business plans
The advantage of angel investors is that they go in where more formal investors will not be interested.
In general, they’re happier to invest in start-ups, and often operate at smaller levels of investment than venture capitalists.
As most angels are established business people, they bring valuable experience to your business plan and their involvement may make it easier for you to attract other private funders.
Angel investors will probably wish to play an active part in your business, bringing their expertise to bear on the growth of their private investment.
There are some disadvantages, however.
Angel investors can be hard to find, because they’re often busy running their own businesses!
You must be able to work with your investor, so make sure that you both have the same strategic vision for your business plan.
While less demanding than other sources of equity finance, such as venture capitalists, angel investors will insist on seeing a business plan first.
There are a few relevant resources on the Internet, such as FundingPost.
However, this is one area where nothing can substitute for a face-to-face meeting.
Your professional advisors may be able to help you make the initial contact with angel investors, or you may strike lucky after extensive networking among your contacts.
But after that, it will be you that is under scrutiny: you, and your angel investor business plan.
That's why it's essential to have a really outstanding business plan. Many novice entrepreneurs call on consultants like ourselves, with a long track record in writing business plans for angel investors and planning for private investments.
We have a wealth of experience with startups in search of angel capital and private money.
Contact us for professional angel investor business plans.
You can also contact us at 877-334-4780 or angel-investor@HJVentures.com if
you have any questions on business plans or raising capital from angel investors.