What are the top 10 ways to find an Investor or get funding for a startup?

Create a list of people you think may contribute to your company. This can be friends, family and even the guy who steams the milk for your latte in the morning. Also included on that list should be the "big fish." Contact the people on your list and request a time to sit and present them with your idea. Once at the meeting, the most important thing is to be confident in your business. That is known as the "x" factor. Some guy might have the greatest idea in the world, but if the investors don't believe he can see it through to fruition, then the money will probably stay right in their pocket.

Develop an air-tight presentation of your business. This should include what the product is, why there is a huge demand, the cost to make the product and how much you are going to charge for the product. And if you're really on your game, how you think the product will be advertised. This is where you should spend some time and money to really make an impressive package. Maybe it's in DVD format, maybe you create charts and graphs. This shouldn't look like a high school book report but a business that is about to start flying.

Drafting a Business Case considering all facts on hand,

Business Projection of Revenues is also important, Identification of cheap sources of funds is required along with most lucarative return is also important

References are very important to make new networks

To start a new business, one must have enough finance which is the life blood of any business to start, to continue, to develop, and to sustain the difficult periods. Hence a detailed PROJECT REPORT on what business to start. Of course the project report involves the following:

Market study and feasibility and viability of business, who are the buyers and competitors, market share and how to navigate the business with BREAK-EVEN POINT which relates to a point where there is no profit or loss[ calculating the manufacturing cost compared to the selling cost] this point is also called equilibrium

Source of raw material procurement, production machinery, location of factory or firm or enterprises, considering the transport facilities, the channel of distribution to reach the users, 

The cost of project, execution cost as to when it is going to be completed, planning on man power- skilled/unskilled, and the most important one that is the working capital requirements to meet the direct costs like raw material/inventory, salary/wages, electricity bill, telephone bills etc and the promotional activities, yes the list will be going......

Based on the project report/ viability of the project or business, one has to approach the investor or financial institutions to raise funds. When one approaches for finance the very big question will arise, that is WHAT IS PROMOTERS contribution and the required security documents in lieu of borrowings from the investors/financial institutions.     

Therefore, to start a business one has to look into the above aspects.

Thanks Mr. Dayanand Deshpandey.

LET YOUR BUSINESS PLAN BE PREPARED WITH AUTHENTIC INFORMATION,REALISTIC AND BE SINCERE AND HONEST IN YOUR PRESENTATION WHICH WILL DEFINITELY BE APPRECIATED BY THE PROSPECTIVE INVESTORS WHO WILL ALWAYS HAVE SOME UNFOUNDED APPREHENSION TO VENTURE INTO ANY NEW PROJECTS.

There are many ways to fund a startup. You really need to do your research and strategically plan. Without planning you won’t get far. You could start with your own personal savings, get a bank loan, sell some personal items to get start up cash, credit cards, grant programs, look into your personal or professional contacts for an investor, contact potential investors directly, look at friends and family as investors, look for angel investors or VC-venture capital groups, look for connection services on the internet etc, etc….

An important thing to remember is that you need a business plan and a strategic plan because without them you won’t get far.

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