Angels also like to see the entrepreneur investing his or her own capital in the startup. This shows faith in the business idea.
Angels want to see a defined product with a large market potential. Good ideas alone are not sufficient. The entrepreneur will need to describe a focused launch strategy that will catapult the business idea past where others have failed. Evidence of an already-tested positive market response to a new product or service will further illustrate that the start-up has gained some of the foundational requirements of a successful new business.
These investors expect particulars about the team and their experience. Many desire advisory or board membership roles within the business to ensure a degree of control over their investment.
As the relationship proceeds, angels usually will require accurate projections, accounting, and analysis of the given market. Being informed of the expected returns and the accompanying level of profitability will reassure the angel that he or she has made a prudent investment.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/20733/understand-the-expectations-of-an-angel-investor "