Business Angels

Do you know someone who is more of an acquaintance than a friend but has adequate capital available for your current business needs? These are personal investors (sometimes high-risk investors) who are looking for an above-average return in their investments. You can probably be introduced through business associates, your banker, accountant or at the Chamber of Commerce meetings.

Most of them will assess you and your business before making any committment to invest. Once they decide to go ahead they will likely back-off and not interfere with the running of your business. Doctors, lawyers, retired entrepreneurs and sport figures are a good source of angels. They are great sources of quick cash but remember they are looking for a high percentage return on what they invest.