New Topic
Post Reply
Follow Topic
I own a San Diego based ecommerce site serving an unsaturated niche market in the online music distribution industry. After running the business for a year, I have identified a combination of killer strategies to significantly boost sales and profitability. I have started implementing these processes however I am now cash strapped.
I am seeking an Angel Investor to provide a two part investment of $10, 000 each for a 30% stake in this company. I have boot strapped this company out of my garage to $14,700 in physical inventory, $7000 in digital assets and a steady, modest and growing sales all with zero paid ad. When the new process is fully implemented sales is expected to grow more than 800% in the next 3 years with 65% margin. ROI of 50% in first year.
I have amassed the unique expertise required to profitably run this business, keep cost low, carry just in time inventory, and scale efficiently. It would be nice if a potential investor is familiar with more than one of the following: PayPal, Yahoo Small Business, Magento, QuickBooks and SEO so you can help with keeping the books and I will focus in core business operations as I still have day job for now.You will only need to dedicate about one hour a day and this can be done anytime of the day from your home or smart phone.
If you are in Southern California fine, then we can be meeting maybe once a month otherwise the business is 100% online and you can have 24/7 visibility from anywhere. I am a high energy goal getter and you will not be disappointed. This business is not the next big thing, but it offers tremendous ROI and an effortless exit strategy in a few years.
PM for executive summary and some numbers or please point me to the right direction.