I have been working on a business plan for around 2 years now. I have been working with CPA’s, Attorney’s, Business Executives etc through the Small Business Development network at a local University here in Birmingham, AL.
As of last week we completed the final revision of my business plan. Now I am in the stages of finding a partner, angel investor (someone with the capital).
The business I am starting is not unique, however it is well thought out and the approach and market I will reach is very broad while using a unique method.
I am currently a systems engineer and have around 15 years of experience in the technology industry which is what my company would fall under. I have a career portfolio with my resume, technical certifications, letters of recommendation from C- level executives, accountants, attorneys etc. I am personable, experienced and good at what I do.
I have a few issues with finding capital as it is hard for me to ASK for something. I have credit cards, savings etc and if needed I could have around $10k on hand. What I need is $90k for the first year of operating expenses with a projected $180k of 1st year sales.
For the individuals that have obtained funding what have you done?
Also, what are the risks of disclosing my business plan to people?
Thank you all for your comments and concern.
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