New York, New York (PressExposure) July 09, 2011 -- These days it is not enough to just have a great business idea. In the end, if you don't have the funds to get it off the ground and growing, then it won't matter if you've invented the next iPad, your idea will come to naught. In a climate where suspicions around institutionalized finance are rife, looking to an Angel Investor is often the best bet. But where should one start looking for one? The good news is that through the Midwest, Central, New England and other US branches of the Angel Investment Network, you can currently access a large range of investors, both from the US and internationally, that are looking for the right opportunity to invest
As a budding business entrepreneur, you are bound to have a vision for your business, and it's vitally important that you go into any funding deal with a clear head, aware that any arrangement that you make will need to be of satisfaction to both you as the owner and your angel investor. To this end we have put together our top tips for American entrepreneurs looking to attract angel investors.
Firstly, when you bring in business investors, be sure to think about how much of the business you are willing to give up. If you're taking on multiple investors, be sure to make them diverse so you can draw upon their different strengths, and where possible organize it so that no one investor owns a majority of the business.
When you come to begin your negotiations it is always worth thinking about your terms, what you're willing to stretch to before the process begins. Engage with the investors on your terms rather than allowing them to drive the whole conversation.
As far as possible, try to make your arrangement with your investors as simple and plain English as possible. Avoid having multiple special clauses and technical details as these often just muddy the water and can leave both parties unsure as to what they are getting. Finally, make sure that you build your terms with the worst case scenario in mind. Whilst in the ideal world every new business venture will be a success, you never know what might befall you as you try and establish your company, so make sure you're covered!
Angel Investment Network has one of America's largest databases of US angel investors, enabling entrepreneurs to establish lasting fruitful relationships with their financers. This fast and cost-effective way of finding investment for your business is the perfect way to find the perfect deal for your needs.