Crowdfunding 101

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Join Dr. Letitia Wright today to find more about the insider scoop to the world of Crowdfunding. This program will offer top notch professional strategies that can be implemented immediately in your business regardless if you’re starting or growing a six figure business. We want to give you action packed calls with strategies that we used to get results in our business.

To learn more about Crowd Funding 101, follow the lick here: http://blogtalkradio.com/lunchandlearn

Discover 8 useful tips to attract more potential investors to your business

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1.    You Should Concentrate On Your Industry

Almost investors were small successful entrepreneurs in the past, and they will invest in some people who know their prior industry experience. All investors will invest in companies of people who have a lot of experience in this field of business

2.   Target Investors Interested In Your Business:

Some investors only like to invest in the seed or start-up companies, and other investors find the later stage ventures for investment. Therefore you should find the right investors who are interested in your business.

3.    Clear Plan

You need to have a good plan and good preparation for your business. You cannot find any investor if you cannot show them a clear plan with the advantages and disadvantages. Clear plan can be the first and important factor which affects your success along with all answers about how you can build your business, how you can get profits from your business, and how many risks can happen, and how can you deal with all risks.

  1. 4.    Make Connections

You have a good plan, and how you can show to some potential investors? And how you can find the right investors who will interest in you plan? Those are always the headache questions for you. You can connect to some investors via a business associate, lawyer or accountant who can help you get more investors’ attention. You also can find other way to meet people with heavy pockets at the very least attend a venture capital conference or some meeting of investors. Or you can use network to discover your opportunities.

  1. 5.    Be Persistent And Patient

All the entrepreneurs should be committed, thick-skinned, and passionate. Finding investors to raise your capital is a time-consuming process. It can take 50%-70% of total time for a startup entrepreneur to raise capital from potential investors. This process can be longer.

  1. 6.    Build A Team

One of the most important things you must know is that all investors need to see not only your commitment, therefore you can cooperate some talented friends or other people to the venture. By this way, you can get the trust of all investors.

  1. 7.    More Than An Idea

If you have only one plan, you can get some ricks, and that cannot attract any investor. You need more than one idea in your plan. You should prepare for anything before it comes.

  1. 8.    Articulate A Clear Vision

You should spell out how you plan to get from point A to B to C because investor wants to cooperate with the good entrepreneurs who are bright, committed and flexible. All investors have experience of the first plan; and they always think that the first plan isn’t usually successful with some real factors such as wrong product or market and even wrong channel or approach.

If you have a good plan, but you cannot deal with tight budget or you cannot find potential investors, your plan cannot gain the full success. There are 8 tips for you to attract more investors.

If you like my blog, you can share it with other people. And if you are interested in this topic, you can leave you comment at the end of my blog. I appreciate your contribution.

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10 Reasons Why Serviced Offices Are Good For Startup Businesses

10 Reasons Why Serviced Offices Are Good For Startup Businesses

English: Administration Office

English: Administration Office (Photo credit: Wikipedia)

By Rabbi91

For a young startup business, every penny saved is a penny earned. Money becomes very dear and the thought of splurging for an office is unthinkable. Yet, it’s necessary to meet clients and put on a professional front. That’s where serviced offices come in.

1. The Right Address

For just a few dollars a month, you can actually obtain an office at a good business address, which is bound to impress any client. You can use the serviced office address in your business cards and letterheads for as long as you use the office.

2. Third-party Administration

Serviced offices are fully-furnished and equipped with all the tools and staffs you need to run your business. All you have to do is move in; everything is managed by the serviced office administration, including your calls, correspondence, filling and maintenance.

3. Add-on Facilities

The best part of a serviced office is that you can pay for add-on facilities and services as you require them. For example, if you need a conference room for a couple of days, you can rent it from the administration for that period only, saving you tons of cash.

4. Low Financial Commitment

You get access to the internet, utilities, office furniture, filing cabinets, computers, printers, fax machines and more without having to buy any of these. Compare this to renting a new office and furnishing it yourself.

5. Out-of-office Services

You can travel without having to close the office. The office administration will take care of your calls, handle your client enquiries, take messages and sort out your correspondence. This keeps your business ongoing and gives a positive impression of to clients.

6. Brand Tailoring

You can custom-tailor your office space with your brand’s logo, brand messaging and colors. Branding gives your business an additional edge, making your business more recognizable.

My Home Office III

(Photo credit: TranceMist)

7. Flexible Expansion

As your business grows, you can increase your office size and hire your own staff, without the hassle or long-term commitment. Conversely, it’s easy to downsize as well if needed. The utilities are included in your rent, so you won’t be losing out on those if you downsize.

8. Networking Opportunity

A single serviced office block can house several companies. It’s a good chance for startups to meet other like-minded business people and network. You can pick up new clients and leverage your contacts to expand your business.

9. Flexible Locations

Sign up with a large serviced office provider and you can choose your office location based on your needs. For example, you might want to locate near the city center to avail parking and transport or near the airport if your clients are mostly international.

10. Qualified Staff and Tools

Apart from the regular staff, you can ask the serviced office administration to provide qualified, technical staff for specific projects. You can also access expensive software tools for projects as well. This facility provides a great advantage especially when you’re strapped for cash.

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