Has your dream always been to own a business? Perhaps you have an invention you can’t wait to get into the hands of the masses. Whatever the reason, if you’re seeking small-business investors, you’re competing against thousands of others trying to secure financing.
How can you stand out from the crowd and show you have a solid plan that leads to success? After all, no one wants to invest in something without a well-thought-out series of steps. In addition, investors want at least a chance of getting their money back and earning a little extra.
How Do You Impress a Private Investor?
The United States Census Bureau tracks how many applications come through for businesses needing tax IDs. Keep in mind that not all new businesses will utilize an Employer Identification Number (EIN). Hence, the numbers are likely much higher when you include solopreneurs using their Social Security numbers and filing as sole proprietors on their personal taxes….