A business plan is an indispensable tool for an entrepreneur and not only because of its importance to the fundraising process, but because of how it helps businesspeople crystallize their strategy and evaluate their process. These are the three major reasons to create a business plan if you are a hopeful entrepreneur. Fundraising Most literature [...]

photo credit: armandoalves In our investment banking business we are often contacted by business start-ups asking for our help in raising money. I am sure that we were not the first organization that was contacted and that these hopeful entrepreneurs had been searching for months for funding. I try to be helpful and spend time [...]

As with any investor, it can be expected that an angel investor would only put his money into a business that would provide the least risk on his investment. This is reflected in the investment decisions that such an investor would make, especially in the types of products or services that a business provides. Usually, angel investors invest in businesses that have the potential for long-term profitability. In recent years, the preference of angel investors has been in medical devices and medical related services, including medical billing services.

Every day I talk to entrepreneurs who hope to raise money for their businesses. For most of these people, their desires are little more than pipe dreams that will never come to fruition; but for a few, the dreams become reality. Do some people get capital because they are better dreamers? Is there a formula that some people follow that brings them great success? I’ve worked with hundreds of entrepreneurs and raised tens of millions of dollars, and I know that…

Starting a business takes money, and unless you are born wealthy or have won the lottery, you don’t have it (that is why you are starting a business, to make money). How do you raise money for your business? This is the step that prevents most entrepreneurs from even getting started.

photo credit: oneVillage Initiative If you are an entrepreneur with a small technology based company looking to take it to the next level, this article should be of particular interest to you. Your natural inclination may be to seek venture capital or private equity to fund your growth. According to Jim Casparie, founder and CEO [...]

photo credit: Marcin Wichary Where, oh where, has that business grant gone? Everyone talks about them. Few seem able to actually find them. Some, in fact, claim that business grants are everywhere; some claim they are as rare as a trout tooth. The truth, dear Watson, lies somewhere in between. “Business grants are there for [...]