When the investor is ready to finance your company, the complicated process of closing the deal begins. This involves some lawyers and a lot of documents. Don’t expect to take any shortcuts in this process. But you certainly can expedite matters by conducting a thorough preparation of terms with the investor.
The rising number of angel investors has created an atmosphere conducive to raising startup funds for all business types, but some analysts warn that shying away from the big venture capital firms has entrepreneurs thinking small.
Getting outside investment is an important step for many companies as they try to grow. But as Business Insider’s Roger Ehrenberg notes, not every investor – regardless of the size of their wallet – is a good fit for every company.