How to Attract Startup Money for Your Business

eonmorganeonmorgan Posts: 1subscriber
edited June 2012 in Growth Funding
Inventors and entrepreneurs with great ideas for business startups may be shocked when it comes to finding funds. The chasm between a startup idea and the consuming public is filled with product tests, meetings with venture capitalists and efforts at regional distribution. Unless you have personal finances to fund production and distribution, you will need to attract startup money for your new business. The key to drawing investors to your business is presenting your financial needs honestly. By maintaining transparency throughout the initial funding process, your business startup will be tested among industry experts before products ever reach consumers.

Comments

  • robertjrobertj Tampa Bay, FloridaPosts: 0subscriber Member
    Team dockstream,
    There are a number of ways to bring capital into a company. Although the steps are similar for each method, the the specifics will vary.
    The first key to success is to choose the right Capital Strategy for you , your team and the business.
    Secondly, be prepared. Get Capital Ready.
    The third key is to have (& follow) a plan that incorporates a proven process for identifying, approaching, engaging and converting your target capital sources into capital suppliers.
    Good luck with your quest. If you want to discuss your specific situation, feel free to contact me directly.
  • RKeeRKee Posts: 0subscriber
    Agreed, they helped me out so much! It's always good practice to use all the resources available to you, you never know who will give you amazing ideas.
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