Getting your startup off the ground can take years of dedication and effort. While you may have financed your business to get to where you are now, you may need more capital to grow and scale.
There are a variety of ways to find investors. You can attempt to connect with potential investors on your own through networking events and even online platforms like Gust or Gust. You can also look for accelerator programs that offer advice in exchange for seed funding.
Established entrepreneurs can be a great source of information about how to find investors for a small business Therefore, reach out to your network and ask them for recommendations. If you have friends who own companies, they might be able to help you connect with investors. Don’t forget about your local business community. Chambers of Commerce in your local area, and chapters of associations like the National Federation of Independent Business are excellent places to begin.
When you do meet with potential investors, be prepared to talk about your company’s goals and projections. Demonstrate how your business has grown and turned a profit so far and be prepared to answer questions regarding your future plans. Be sure to have an investment structure that clearly outlines the role of the investor within the company and the duties they are expected to be able to perform.