{"id":605,"date":"2013-07-15T18:20:17","date_gmt":"2013-07-15T18:20:17","guid":{"rendered":"http:\/\/bettinasettlesrealty.com\/Blogspot\/?p=605"},"modified":"2016-06-16T17:23:10","modified_gmt":"2016-06-16T17:23:10","slug":"you-started-your-business-and-now-you-are-faced-with-the-need-of-raising-capital","status":"publish","type":"post","link":"https:\/\/www.settlesteam.com\/blogspot\/2013\/07\/15\/you-started-your-business-and-now-you-are-faced-with-the-need-of-raising-capital\/","title":{"rendered":"You started your business and now you are faced with the need of raising capital"},"content":{"rendered":"<p><a href=\"http:\/\/www.settlesteam.com\/blogspot\/wp-content\/uploads\/sites\/4\/2013\/07\/piggy-bank.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-thumbnail wp-image-562\" alt=\"piggy bank\" src=\"http:\/\/www.settlesteam.com\/blogspot\/wp-content\/uploads\/sites\/4\/2013\/07\/piggy-bank-150x150.jpg\" width=\"150\" height=\"150\" \/><\/a>You started your business and now you are faced with the need of raising capital to fund your business. There are many ways to fund a start-up or existing business but when you are looking for funding beyond your friends or family you need to have your ducks in a row before you even venture into the world of investors to ask them about money.<\/p>\n<p>Truth to behold is that many business owners to not spend enough time to get their ducks in a row to secure their financing and later just fall back on the old, cost cutting method. <a href=\"http:\/\/www.entrepreneur.com\/author\/87\">Richard Brandon<\/a> with his post about <a href=\"http:\/\/www.entrepreneur.com\/article\/226296\">building a strong reputation<\/a> had some great input.<\/p>\n<p>You need to be able to build a trusting relationship with the investor and you need to have a favorable reputation. When you have an \u201cI don\u2019t give a dang\u201d reputation it will translate right back into your business. Your personal conduct needs to reflect your business conduct.<\/p>\n<p>You need to find out what the investor is looking for before you run your investment ideas across their table. <a href=\"http:\/\/www.entrepreneur.com\/author\/169\">Brad Sugars<\/a> in his blog about <a href=\"http:\/\/www.entrepreneur.com\/article\/226334\">how to position your startup as a good investment<\/a> said is best; \u201cInvestors are looking for three things: the people behind an idea, the idea itself and an answer to the question: How will I get my money back?\u201d A company either has a great goal and a great team but not a clue how to return the ROI. Or they have a great Idea and a solid understanding on how to return the ROI but don\u2019t have the team support.<\/p>\n<p>Be prepared that the investor will ask you some questions and you better be able to answer them truthfully. Caroline Cummings has put together a great list of possible questions you should be ready to answer in her blog called\u201d<a href=\"http:\/\/ventureburn.com\/2013\/03\/10-great-questions-i-never-thought-investors-would-ask-a-startup\/\">10 great questions I never thought investors would ask a startup<\/a>\u201d.<\/p>\n<p>Come prepared and you might be surprised what could happen.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You started your business and now you are faced with the need of raising capital to fund your business. There are many ways to fund a start-up or existing business but when you are looking for funding beyond your friends or family you need to have your ducks in a row before you even venture &hellip; <a href=\"https:\/\/www.settlesteam.com\/blogspot\/2013\/07\/15\/you-started-your-business-and-now-you-are-faced-with-the-need-of-raising-capital\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">You started your business and now you are faced with the need of raising capital<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,5,7,8,9,13,14],"tags":[],"class_list":["post-605","post","type-post","status-publish","format-standard","hentry","category-commitment","category-communication","category-education","category-inspiration","category-organizing","category-planning","category-team-work","category-tips"],"_links":{"self":[{"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/posts\/605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/comments?post=605"}],"version-history":[{"count":1,"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/posts\/605\/revisions"}],"predecessor-version":[{"id":1776,"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/posts\/605\/revisions\/1776"}],"wp:attachment":[{"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/media?parent=605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/categories?post=605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/tags?post=605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}