Small Business Financing: 10 Reasons Why Investors Say "No"
February 11, 2005 by Isabel Isidro · Leave a Comment
You know you’ve got a strong business idea which you foresee has a huge financial potentials. You believe that there’s a ready market who needs your product or service. From all accounts, you are convinced that your business will be a success, and even become the next big thing! All you need is capital, and investors who are willing to support your vision and convert it to reality.
Yet after looking far and wide for potential investors, all you get are rejection letters. The banks, venture capitalists and angel investors all said “No” to your proposal. You are unable to convince them of the viability of your business. Here you are, with the “perfect” business plan, and yet no one wants to support your idea.
Here are 10 common reasons why investors say “No” to a business proposal:
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Author: Isabel Isidro (853 Articles)
Isabel Isidro is the co-founder of PowerHomeBiz.com. A mom of three boys, avid vintage postcard collector, frustrated scrapbooker, she also manages WomenHomeBusiness.com and LearningfromBigBoys.com. Follow her on Twitter: @powerhomebiz