Kris Alingod – AHN News Contributor Westchester, NY, United States (AHN) – Family and friends of a Pace University student killed last month by police gathered outside the Westchester County courthouse on Sunday to call for justice. Several hundred people attended the rally that began at Bethel Baptist Church and ended at the courthouse. The [...]

Kris Alingod – AHN News Contributor Pleasantville, NY, United States (AHN) – Family, friends and members of the Pace University football team paid tribute to Danroy “D.J.” Henry Jr. on Friday as the investigation into his death continued. A memorial service was held at Boston Convention and Visitor Center on what was supposed to be [...]

Medtronic Inc., which expanded its operations to San Antonio in 2009, says it has entered into an agreement to settle existing U.S. lawsuits relating to its Sprint Fidelis family of defibrillation leads. (MDT) View full post on Insurance Stories

Anthony Jones – AHN Entertainment Reporter Los Angeles, CA, United States (AHN) – As if the Hills didn’t have enough drama, Bravo is moving in for “The Real Housewives of Beverly Hills.” Kelsey’s very recent ex Camille Grammer, Maloof family dynasty sister Adrienne Maloof, and Paris Hilton aunts Kim and Kyle Richards are just some [...]

AHN News Staff Montreal, Quebec, Canada (AHN) – Despite the financial turbulence that has hit the global aviation industry, Canadian aircraft and train manufacturing firm Bombardier continues to enjoy good business and is even on an expansion mode. Bombardier is set to fly its first large aircraft in 2012. The first of the C Series [...]

Windsor Genova – AHN News News Writer Piscataway, NJ, United States (AHN) – The family of a Rutgers University student Tyler Clementi admitted Wednesday that he killed himself by jumping off the George Washington Bridge on Sept. 22 after learning his roommates had broadcasted live on the Internet his gay sexual encounter. In a statement, [...]

When it comes to getting your business off the ground there are some things you need to consider especially regarding having the right amount of capital for day to day operations. Most business owners at some point in time decide to get an investor on board to dedicate some investor funds so that the business remains on course.

Whether you intend to raise money from a financial institution or your family and friends, you should approach them professionally. Equipped with a detailed business plan, you need to impress them with your capabilities and the prospects of your business. No one would like to lend you money out of friendship.

When trying to raise money for a new venture, you’ll probably first go to friends and family (i.e. sometimes called “family & fools”). The following material has been prepared for entrepreneurs who will be going to this group. However, if you’re calling on your grandmother, these rules will probably not apply.

We recommend that you Capitalize your company, at start up at 10,000,000 shares, with a par value of $0.0001 or $0.00001 (depending on the State you are incorporating in). This level of stock does a few things for you.