Business Angels are
individuals who themselves had started their own business in the past and now
have the money and impetus to help other people do the same. They do all this by
providing some funding to help a business that is struggling but has potential
in the future. Besides, they also
finance new businesses that want to start-up.
These investors will
only put in money in a company if they think it will do well and make a profit.
They won't only offer money, time and endeavour but most also provide knowledge
and their expertise on how to make a business. For doing all this, business
angles want a higher rate of return than other sort of investments like stocks
and bonds.
If you’re looking for
business angels then one important thing that you must consider is that
they are generally from an entrepreneurial backdrop. Almost everyone has
started from the bottom and worked their way up. This is the reason that they feel
satisfied and proud in being able to assist someone else in achieving their
goals. But that's not the only reason why they invest money. Angel investors
earn up to 400% as compared to 9% returns in stock market investments.
A business angel
can be found all over Dubai. They might be in your locality or neighbourhood, but
you won't know until you search for one. The Internet is an excellent way to start
by searching the World Wide Web for business angels and venture capitalists.
When you contact them, explain precisely what your product and or service is
and why you want funding. You will have to explain them a well designed
business plan which would show how you plan to grow over the following years. It
should contain plans about your growth, and how you would like to increase your
products, services or take on staff etc. This list is never-ending but it all
needs to be stated in your well presented plan.
You need to clearly
consider what you're going to say when you in reality meet the business angel. This
meeting will be one of the most vital meetings in your life.
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