BUSINESS
You might have an amazing business idea, but where there is not enough funding to carry it out, there’s every possibility that the business will crash.
How then can find people to invest in your business so you can make profits?
Let us show you;
1. Have a feasible business idea:✅
A lot of business owners want to be helped, but their business ideas are not even strategic or promising. For you to be able to get investors, you must have something valuable they can invest in.
2. Decide how much you’ll need:✅
You can’t meet an investor or apply for any grant without even being sure of the amount you need. Set your plan straight and know what you are going for.
3. Fund yourself first:✅
You are your first helper. Start somewhere and then get help for the rest of the way. When you find yourself first, you are telling who ever wishes to invest that you are ready to take risks and to out in effort to make the business grow.
4. Get friends and family to help:✅
Before outsourcing for investors, check out your current connections and see how they can help. Remember you are not begging, you are seeking for investment so you can convince them with an attractive Return on Investment.
5. Look locally first:✅
It’s easier to get grants that are oriented to help business in your local area. Stay up to date on any grant being provided to help businesses in your locality before stepping out.
6. Follow up legitimate grants by the government or other foreign agencies:✅
Keep applying, keep trying, keep proving your business worthy of a grant and an investment. If your cards are played right, sooner or later, you’ll get a grant.
7. Attend events and network:✅
Your next investor could be attending the same event you want to attend. Always be prepared to pitch yourself to possible investors strategically.
Most importantly, build your network. Your connection could be connected to an investor who may be interested in your business.
8. Research on possible investors, follow them up and send convincing proposals.✅
For you to make sales, you need to make investments in your business.
Author: Mujuni Henry
JUNIITV
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