Forums: Discussions for entrepreneurs and small business.

how would i be able to get funding for a concert promotion company, i`ve looked online at different grant companies, venture capitalism companies and i`ve checked with small business administrations but have not found any resources that could point me in the right direction.  I have a business plan ready, so if you can help me please let me know.

Malcolm - Inhouse Promotions

                                                                                                                     

Malcolm,

There are many approaches to acquiring capital - depending upon the specific situation. To begin -

1. How much capital are you seeking?

2.  What "type" of capital do you prefer - (debt or equity)?

 

-------------------------

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

am looking for 300 k

am looking for investors like the angel group  or preivate  investors

I would look at a private investor who is a silent partner.  This way you can run your business the way you need to, generate sponsorships for your events, pay a return and grow your business.  It sounds to me like you just need someone to help you get off the ground and running.  The number one thing investors are going to look at is whether you`ve been able to generate business already, meaning you`ve already been hired to do some events.

Good luck and hope to hear your success story soon!

Jennifer

Hey Malcolm,

Jennifer is right regarding VC or investors. They would want to see that you are already operational and making money already or with a "portfolio" of events put together already.  They like to minimize their risks.

Grants are for noble causes-research, education, and innovation.  Mostly, these things are not accessible for entertainment. 

You can take a crack at getting some business loans through SBA. The process is tedious but if you are persistent, you just might be able to get something. 

Sometimes, you can get lucky meeting people in business mixers who might be looking to partner up with people who are ready to go and have decent proposals.  Attend as many as you can and mingle.  Persistence and attendance of these events may just give you a chance to meet someone who would listen to your proposal.

LT


-------------------------

http://www.face2facevideocard.com
"videos can say it like it is"
09-21-2007

www.senatinproperties.com
real estate investments

Malcolm,

While it is true that having revenue is a big plus to many investors - the lack of it is by no means a "show stopper".

Where lenders want to see an "ability to repay", most investors (equity) want to be comfortable that the "team" has what it takes to execute the plan.

-------------------------

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