Investing in Magic
I recently posted a Forum about the difficulty of creating a business plan for a traveling illusion show. I have finally put together a small business plan that covers all the information needed to show investors. the issue i am now having is finding an investor that will actually fund a $50,000 illusion show. since i am only 20 years of age it is difficult for me and my partner to apply for a loan since i have no real Credit of my own. I am searching for an investor to fund the amount requested of 50,000.00 the investor will have a 11% interested rate making there return after 36 months about 68,000.00 in Florida this is very hard to locate a investor interested. So if any one has any information for me that could be help full i would greatly appreciate it. The longer i wait for the funds the small the window of performance will be due to the seasons magic falls under. Most of the year college shows are the most profitable venues. Summer and Winter seasons is when the cruise lines are making the most money. the sooner the funding, the faster we can make a profitable show.
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