Do I Need A Business Angel?

| Total Words: 542

You need a business angel if you need some money to invest in your business and if you think you could do with a mentor. Generally Business Angels will not invest in your company if they believe the company has no future and is a bad idea. If however they think your business is an innovative idea and has great marketing potential and selling ability then your are on to a good start. If you have an already established business and are looking to expand over seas for instance then a business angel might be just what you are looking for. They can come up with the finance for your and help with the expansion. Business start ups are also another area where business angels can help.

What is a business angel?

Business Angels are people that have successfully demonstrated entrepreneurial flair and who are willing to help others with there money and advice. Of course this help comes at a cost and they will expect something in return. They are not stupid and would not give out money willy nilly. They will expect a stake in the business and will only invest in companies they see as worthy. Business Angels and mentors form part of a growing investment community in this fast...

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