Fundraising is an important business aspect that requires contributing to the growth of a business by improving its start-up level to meet the requirements of the competitive business world. It is an important way to raise finance for the startup or growth of the enterprise, so if you are thinking of a business set up and feel the urge to arrange funds then for startups venture capitalists can help you efficiently to raise finance.
Investors are the entities or individuals that can provide you with financial assistance in order to gain monetary returns so by raising capital for you to take your business to the next level. Recently an Astro Strategist™ and celebrated Business Astrologer™ Hirav Shah spoke about the importance of finding the right investors for a business setup and how amateur entrepreneurs can find them through various sources.
Hirav Shah says that over 95% of new businesses fail during the first year of operation. One of the major reasons being the lack of funding. Finance is the bloodline of any business to start, grow, and succeed. The long painstaking yet exhilarating journey from the idea to money-generating business needs a fuel named capital. At almost every stage of the business, that’s why entrepreneurs find themselves asking – How do I finance my Business launch?
Hirav Shah says, “Fundraising is something you cannot ignore no matter even if you have a great idea, products, or even a good business setup. As an entrepreneur, you cannot ignore the leverage of having an adequate fund for the enhancement of your business whether you use the fund for manufacturing and product launching, marketing and promotions, and expansion of your network. You need to find, however, the right investors that can provide you with sufficient working capital that helps to attain your business objective with full potential. Although, arranging finance for a business is a daunting task as you have to make efforts to find the investors.”
So here are some useful guidelines to search for potential funding investors, according to Hirav Shah.
Why to use Online Fundraising Sources to raise funds for a successful business setup
It can be very easy, fast, and simple to arrange working capital for businesses with the help of online fundraising platforms as these sources are highly resourceful and can provide you with verified investors. You can look at the list of certified and active angel investors for startups online as these investors are prosperous individuals that can provide you funds for easy setup and can help in the growth and development of your business. These investors will invest in your business in exchange for ownership equity or convertible debt.
Why to Use Social Media Platforms to raise funds for a successful business setup
Take the help of a strong platform like social media to arrange funds for your business as it can help you to gain traction and to gain attention from potential investors for business startups. Social media like Facebook, Twitter, Instagram, and LinkedIn can make it easy to discover the list of venture capitalists and is a cost-effective way to take an infiltrating approach with your updates and posts online. Use the powerful tool called Social media to find suitable investors and to collect the capital that you want for the successful establishment of your business.
Why to Get Help From the Experts to raise funds for a successful business setup
You should approach the professional service providers that can help you to find the right investors for the business in order to make the fundraising a smooth task. These professionals have a vast network of potential investors and they can schedule through zoom calls one on one meeting with the investors. You can share your needs with the investors and can influence them with your project schemes to collect adequate funds for the business establishment and can nurture it in the future as well.
Hirav Shah concludes by saying, “If you want your business to grow really fast, you probably need external sources of capital. If you bootstrap and remain without outside financial aid for too long, you may be unable to take advantage of fruitful market opportunities.”
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But are you truly doing the right things to get there?
Can you honestly say that you are taking ACTION on your goals?
If you hesitated AT ALL answering any of those questions, you need to shift your focus to doing what’s necessary to get you the success you desire…
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Any confusion or difficult YES/NO Business decision requires an expert opinion.
Just make sure your business strategy in terms of Brand, Sales, Marketing, Advertising, Mergers, Diversification, etc…is still on track to reach your goals. Business Astrologer™ Hirav Shah’s answers have proven to be game-changers.
It’s time to fire up your future!!