How to get people to invest in your small business

When starting a business, it can get overwhelming fast. You have to write a fantastic business plan and come up with funding before you can do anything else. Working from home is a great start since you won't have to pay rent on an office space on top of your living expenses. But how do you go about writing a great business plan, and get people excited to invest in your company?

Know Your Audience

When it comes to writing a business plan you need to know who you are writing to. You may not have majored in writing, but you do need to effectively communicate and get your potential investors attention.

You want to get the people reading your business plan excited about your business. Doing so in the first part of the plan is a must. You may have the best numbers and statistics to prove your point, but you need to remember to draw in the reader.

Do your Research

When writing your business plan keep in the back of your mind what you would look for if you were investing in a company. Chances are you would want numbers and figures to back up why this would be a good investment.

Funding Options

Once your business plan is written, it's time to get the funding you need. Angel investing is a great alternative to getting a loan from a bank. Banks are having a hard time right now as it is, so getting a loan may be that much harder at the moment. Angel Investment Network is a site that connects you to angel investors in a social networking environment.

Investors are "all over Twitter and blogs... They use social media to source deals and to create a latent relationship with entrepreneurs so they can close the deals they want to," said Babak Nivi of Venture Hack's to Mashable.com.

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