Sources of Financing for small business
Angel partners are wealthy investors who invest in business start-ups in exchange for an equity stake in the company. Angels fill a significant gap in the seed capital market, financing start-ups with capital requirements, and can provide any amount of investment up to the $10 million range.
Construct a simple, brief profile of the typical private investor (angel). Consider factors like age, gender, educational level, and other personal characteristics of the typical private investor. How can entrepreneurs locate such angels to invest in their businesses? 2-3 simple paragraphs on this topic will be adequate in APA format with in text citations with references.
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The typical angel investor is a 43-year-old black male who have attained a college level education. The angel is a Christian and he earns $ 145,000 annually and his net worth is $ 4.5 million without including the homes. This angel’s average rate of investment annually is about…
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