Summary:- What is a Business Angel and Where to Find One

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business angel .

An angel investor provides capital to a new company. Often the first to finance a new business.

The angel investor is rich and has a personal interest to see the success of the business. Usually an angel investor is an entrepreneur who has made his money or 'old money' that has held on to it - a person with vision.

A business angel accepts there is a high level of risk but expects a large return on investment.

 



Before approaching anyone for a business loan, it is essential to make up a business plan in a format that can be easily read by the prospective source of funds.
It is important for the main facts to be brief but complete and supported by further documentation if required.
A business plan that resembles a short novel full of hype is not the way to attract backers.
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