Venture Capital and How To?

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Venture Capital and How To?

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robertj

posts: 1461

Oct 29, 2007 2:48 PM ET Quote Report Abuse

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mack77,

You may want to do some "what if" scenarios to determine a optimum capital infusion for your company.

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Business Growth Masters, LLC -
Capital Catalysts for Entrepreneurs
Home of the Scalable Business Plan and QuikStart Capital Programs
http://www.bizgrowthmasters.com
info@bizgrowthmasters.com

Jaun22

posts: 31

Nov 01, 2007 12:45 PM ET Quote Report Abuse

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I know the "what if`s" have really helped me in my business planning.

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Credit Card Counseling / Small Business Owner

Markcan

posts: 2

Nov 04, 2007 11:12 AM ET Quote Report Abuse

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Thanks everyone for the GREAT feedback!

A little more information about the venture:

The company has been around for 10 years now with a strong and experienced management team. In order to grow, and secure new and more profitable work; the company will need to secure funding in some way. From my research I am not sure if an Angel, Venture Capital, Investment Banking, or others.

From the articles/links provided in this post it seems that a VC or funding is interested in an experienced management team, in an industry with growth potential. But what type of funding would be needed for this situation?

Thanks so much!

HI

I thought I would add my own personal experience. It may be an option you can try.

In the past, at one point, I once believed that great credit was all that was needed too, when it comes to loans and lending money or assets of any kind. My business was well established and need expanding. So, I began my search for the necessary funds. For those business` that believe having great credit is all you need to get additional funding, this is really not the case.

My experiences with banks and various lending institutions taught me that the business’ bottom line is a fundamental issue considered by today’s financial organizations as part of their loan approving process. They need to be assured that you make enough money after your expenses to cover their loan payments.

Even though I had a great credit rating, I was still just not making enough money to secure the type of loan I needed, especially when these banks considered the amount I was requesting and saw that after I paid my expenses, there was not much finance left.

However, I did come across an ideal resource, www.thesnaploan.com. This website seems to be millenniums ahead of its time, when it comes to current lending practices. I was approved for a revolving line of credit that I can pay off and use again if I so decided. I really love this option. This website is a good place to start if you need an unsecured or secured loan, and you’ve been having difficulties elsewhere.

sagetrout

posts: 28

Nov 24, 2007 7:54 PM ET Quote Report Abuse

Points: 0 Vote

Mack,

While your desire to educate yourself about all of the possible options to fund your company is admirable, I think there is a point where every business owner needs to realize their own limitations. No one can become an expert on everything.

Your profile excludes the name of your company and your answers don`t give me much information besides the fact that you have a family-owned business in operation for 10 years and you have some significant competition from corporate giants. Therefore, I have no idea how large or small you are, how many people you employ, or your financial situation. It doesn`t leave me with much.

I think you may have reached the point where you need some outside professional help. One suggestion would be to hire an interim CFO to assess your situation and develop a plan to finance your company. You may also need a marketing strategist to put together the plan to take your company to the next level.

I have contacts who provide these types of services and if you contact me I will refer you to them. There is a point where enterpeneurs need to stop trying to be experts at everything and get help from outside their organization. It sounds like you may have reached that point.

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Doug Atherton
Regional Vice President
Equity Corporate Finance, Inc.
DouglasA@equitycorpfinace.com
888-498-8999 ext. 109

Ralph4

posts: 37

Dec 03, 2007 5:16 PM ET Quote Report Abuse

Points: 0 Vote

I`m not as experience in the business consultant industry, nor am I an expert, for that matter. I am only contributing my personal experience.

I needed additional funds to get my business back on track. I have recently applied for a business line of credit from www.thesnaploans.com.

I don`t know if it is appropriate for your situation. However, the information is pretty straight forward and simply. Also, it`s all online.

Hope you have success. I am currently waiting to see if my loan is approved. I will keep you posted.

AciJo

posts: 9

Jan 20, 2009 3:55 PM ET Quote Report Abuse

Points: 0 Vote

Nice post and very interesting answers as well, thanks everyone.

cherrymuckle

posts: 2

Dec 05, 2011 12:24 PM ET Quote Report Abuse

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And remember that VCs aren`t investing in your company, they`re investing in YOU. If they don`t believe in you they won`t give you any money, no matter how good your idea is. On the other hand, they may invest in a B-grade company if the management is highly intelligent. Just something to remember.

This is exactly what top European tech investor Michael Jackson said. He says when looking to invest from his VC firm that 90% of what he is looking at is 'team'. Dont underestimate it!! http://www.businessbecause.com/news/mba-alumni/startups-vc-europe-81208

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worldfitnessgym

posts: 5

Dec 12, 2011 1:50 AM ET Quote Report Abuse

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Sorry I don't have any idea about that type of Sites.

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Visidea

posts: 13

Jan 07, 2012 3:45 PM ET Quote Report Abuse

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Hello there I have the perfect site for you. Our team just launched the site a couple of days ago but check it out. It has great potential.

If you are an entrepreneur that needs exposure, assistance, or start up funding from investors, sign up at visidea.com. Our site is a resource for angel investors and investors alike. All questions and comments are welcome. Thanks

visidea.com

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Estella

posts: 139

Feb 16, 2012 10:58 AM ET Quote Report Abuse

Points: 0 Vote

At present mostly all the operations on the market are conducting only to obtain profit. With the development of Internet and other means of communication this sector of the financial markets becomes more accessible and attractive for the investors of different levels.

trade forex | review broker forex

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