Business Angels

2. Finding an Angel

2.1 Many contacts are made informally. For example:

• Personal friends and family.
• Wealthy business contacts.
• Individuals known to your professional advisers (eg your accountant).
• Major suppliers and clients of your business.

2.2 You may want to approach an angel networking organisation.

Many of the most active business angels use these services to find out about interesting investment opportunities.

• You usually have to supply a credible business plan and financial forecasts as part of the registration process.
• Once you are registered, the organisation passes information on to business angels. Typically, angels will attend presentation meetings (where you present your business to them) or receive bulletins.

2.3 The business to business sections of various newspapers include advertisements from investors and from businesses looking for finance.

• If you want to advertise your business, the advertisement will have to meet the newspaper's standards.