Unfortunately that is the way it is. Because of all the unsecured loans that have been given out in the past, it has made it very difficult to fine money for businesses today. I own a company that invests into smaller businesses but the main thing I am looking for is, WHEN DO IT GET MONEY BACK. This is what anyone that is willing to invest is looking for. Unfortunately you may have a great idea but if someone has the money, they have the power. It is rear we invest in company do not take at min of 51%, this is protection against my money. On thing your may think of doing, if you are friendly with you bank - ask the bank manager if he knows of any angle investors, not all want an arm and leg - these are people that are willing to invest into things the bank may not be comfortable investing in. (They are usually friends with the bank and tell the bank to send people their way) This is how I started, and how I repay the people that helped me get to where I am today. The money you are asking for - is going towards buying equipment of inventory? Be very careful sending anyone your information or ideas - a confidentiality and nondisclosure should be signed first, even for free advise. Good Luck
We all have great ideas but unlike you, we don t expect someone else to take all the risk if it fails but none of the reward if it works.If your idea is so great, get your parents and friends to loan you the money and pay them a pittance if you are successful but lose all their money if you fail.
No, it s perfectly sane.You just feel entitled. Get over it.
send me a copy of your biz plan
Talk to your parents
