It appears you drew some attention. Be aware that if someone raises money for you or you pay a success fee - that could be a securities law violation. I realize it happens all the time. If you, the owner choose to contact investors securities laws are invoked as well. There is a right way (very narrow) and a wrong way to raise capital. In the end your success will depend on what and how you present the opportunity. I am a mentor for Founders Institute Austin and this is the subject matter I address. I am happy to discuss this with you. [email address]
You need to look beyond the tradition style of lending like banks, credit unions and go toward the alternative style of lending. Visit ncscfunding.com to get the money you and your business needs when you need it
Try attending a Rainforest meeting. I haven't been ina while and they were moving to the old firehall on 1st Street but check them out on the internet. They have a list of certified venture capitalists. Otherwise provide me with some information and I can put you in touch with a venture capatilist directly.
Banks and SBA loans. Possibly a stock brokerage, if you are willing to or able to issue stock. Investors & banks will want collateral & payments with interest(those who loan you owe). They might also want some ownership or say in the business. For me I pay cash as I go. It is not the easiest but it is the cheapest. SO if you can I suggest you start saving to expand.
It is also important to have a strategic partner with you that has gone through this process before. Many businesses going ready for expansion don't always have a financial staff that has that type of experience. This is the time where a strategic CFO can provide significant assistance. Strategic CFOs will work with you on a fractional (part time) basis to help you though the challenges of business expansion as well as the challenges of finding additional investors. They will help you find the best method to gain the working capital for your expansion whether it is additional investment or debt and what type of investment. Please contact me if I can be of further assistance.
If you're not a public company what's the appeal to invest in your business? Private placement money is hard to find. I would ask yourself, why do you need an investor? How are your financials? Are you making a profit and where is that money going?
If you have no other choice then find a bank to lend you money for expanding your business. I would concentrate on reducing cost, increasing sales first. If you have done all of that and you are ready to go public, then approach a lawyer who has taken companies public and helped them develop a plan to raise capital via the Merrill Lynch, JP Morgan's of the business world. There are people who are venture capital specialist you will need to approach.
See your accountant, your lawyer or search the web for firms that buy and sell businesses. That is a good place to start.
Answers (1-10)
Message me with any questions. Regards Anthony
Hello James,
It appears you drew some attention. Be aware that if someone raises money for you or you pay a success fee - that could be a securities law violation. I realize it happens all the time. If you, the owner choose to contact investors securities laws are invoked as well. There is a right way (very narrow) and a wrong way to raise capital. In the end your success will depend on what and how you present the opportunity. I am a mentor for Founders Institute Austin and this is the subject matter I address. I am happy to discuss this with you. [email address]
You need to look beyond the tradition style of lending like banks, credit unions and go toward the alternative style of lending. Visit ncscfunding.com to get the money you and your business needs when you need it
Try attending a Rainforest meeting. I haven't been ina while and they were moving to the old firehall on 1st Street but check them out on the internet. They have a list of certified venture capitalists. Otherwise provide me with some information and I can put you in touch with a venture capatilist directly.
Banks and SBA loans. Possibly a stock brokerage, if you are willing to or able to issue stock. Investors & banks will want collateral & payments with interest(those who loan you owe). They might also want some ownership or say in the business. For me I pay cash as I go. It is not the easiest but it is the cheapest. SO if you can I suggest you start saving to expand.
James:
It is also important to have a strategic partner with you that has gone through this process before. Many businesses going ready for expansion don't always have a financial staff that has that type of experience. This is the time where a strategic CFO can provide significant assistance. Strategic CFOs will work with you on a fractional (part time) basis to help you though the challenges of business expansion as well as the challenges of finding additional investors. They will help you find the best method to gain the working capital for your expansion whether it is additional investment or debt and what type of investment. Please contact me if I can be of further assistance.
If you're not a public company what's the appeal to invest in your business? Private placement money is hard to find. I would ask yourself, why do you need an investor? How are your financials? Are you making a profit and where is that money going?
If you have no other choice then find a bank to lend you money for expanding your business. I would concentrate on reducing cost, increasing sales first. If you have done all of that and you are ready to go public, then approach a lawyer who has taken companies public and helped them develop a plan to raise capital via the Merrill Lynch, JP Morgan's of the business world. There are people who are venture capital specialist you will need to approach.
See your accountant, your lawyer or search the web for firms that buy and sell businesses. That is a good place to start.
What do you charge for business cards?
Anytime. Glad to help James.
Depending on how much capital you are in need of, perhaps I can help. I raise money for small businesses. Please reach out if I can help.