Comments on: How do I find start up capital for my business idea? http://www.ideate.co.za/2009/12/03/how-do-i-find-start-up-capital-for-my-business-idea/ Business resources, tips, success stories, interviews and business ideas Sat, 11 Feb 2012 12:27:40 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Shoko http://www.ideate.co.za/2009/12/03/how-do-i-find-start-up-capital-for-my-business-idea/comment-page-1/#comment-432768 Shoko Fri, 27 Jan 2012 13:59:22 +0000 http://www.ideate.co.za/?p=5065#comment-432768 We are 3 guys looking for an angel (or partner with capital) for our property sales website (www.reantandbuy.co.za). We have completed the web development and now want to setup an office and start marketing. We are looking for R120,000, payable over 3 yrs. If you want to be a partner, we have projected that after 6 months of operating we will be listing at least 500 new properties every month, grossing at least R75,000 monthly. Please me know if you can help. Email us on cshoko@rentandbuy.co.za We are 3 guys looking for an angel (or partner with capital) for our property sales website (www.reantandbuy.co.za). We have completed the web development and now want to setup an office and start marketing. We are looking for R120,000, payable over 3 yrs.

If you want to be a partner, we have projected that after 6 months of operating we will be listing at least 500 new properties every month, grossing at least R75,000 monthly. Please me know if you can help. Email us on cshoko@rentandbuy.co.za

]]> By: Christopher http://www.ideate.co.za/2009/12/03/how-do-i-find-start-up-capital-for-my-business-idea/comment-page-1/#comment-415253 Christopher Wed, 11 Jan 2012 13:30:56 +0000 http://www.ideate.co.za/?p=5065#comment-415253 hi, I am looking for an angel. I have a courier contrct and in need of capital (R70 000.00 - R100 000.00) for equipment ( vehicle). willing to pay back with interest over 60 months. THANKING YOU IN ADVANCE CHRIS hi, I am looking for an angel.
I have a courier contrct and in need of capital (R70 000.00 – R100 000.00) for equipment ( vehicle). willing to pay back with interest over 60 months.

THANKING YOU IN ADVANCE
CHRIS

]]> By: Sello http://www.ideate.co.za/2009/12/03/how-do-i-find-start-up-capital-for-my-business-idea/comment-page-1/#comment-153924 Sello Fri, 13 May 2011 14:45:53 +0000 http://www.ideate.co.za/?p=5065#comment-153924 I am looking for an angel with investment of R150K for my automotive business. The loan can be repaid back with installments over 36 months. The business operations include: Buying & selling of cars, establishment of a car breaking yard (the yard lease is about to be finalised with the land lord), panelbeating, spraypainting and mechanical workshop and car rental services. The loan will be used a start-up finance for the business. Most of my business structures are in place and someone who can actual invest in the business ASAP i may lose the operational stands, business offices and some start-up affordable business stock ie. cars for breaking and/or selling. I am available on mobile @: 081 3333 604 or by email: kobos@rgtgroup.co.za, my company website is still under construction and is coming soon online. Thanking in advance Sello I am looking for an angel with investment of R150K for my automotive business. The loan can be repaid back with installments over 36 months. The business operations include: Buying & selling of cars, establishment of a car breaking yard (the yard lease is about to be finalised with the land lord), panelbeating, spraypainting and mechanical workshop and car rental services.
The loan will be used a start-up finance for the business. Most of my business structures are in place and someone who can actual invest in the business ASAP i may lose the operational stands, business offices and some start-up affordable business stock ie. cars for breaking and/or selling.
I am available on mobile @: 081 3333 604 or by email: kobos@rgtgroup.co.za, my company website is still under construction and is coming soon online.

Thanking in advance
Sello

]]> By: Is entrepreneurship limited to small companies? | Ideate http://www.ideate.co.za/2009/12/03/how-do-i-find-start-up-capital-for-my-business-idea/comment-page-1/#comment-116338 Is entrepreneurship limited to small companies? | Ideate Thu, 25 Nov 2010 06:44:48 +0000 http://www.ideate.co.za/?p=5065#comment-116338 [...] to angel funding, rounds of venture capital and ultimately, IPOs. I was dreading the research about startups, mostly because I have gone that route before and ended up with an abundance of uncollated [...] [...] to angel funding, rounds of venture capital and ultimately, IPOs. I was dreading the research about startups, mostly because I have gone that route before and ended up with an abundance of uncollated [...]

]]> By: Muna http://www.ideate.co.za/2009/12/03/how-do-i-find-start-up-capital-for-my-business-idea/comment-page-1/#comment-110480 Muna Tue, 12 Oct 2010 19:47:18 +0000 http://www.ideate.co.za/?p=5065#comment-110480 We intend to take a loan for our knitwear project of a minimum of $300,000 USD. Plant location could be left to our Investor, but we have considered this and actually like two places – Dubai or Tunisia. We plan to buy knitting machines and ask Investor personal participation for factory setup, to make our business transparent to hım. As soon as we set up the factory and production has started, our Investor can leave the rest of the job to us and we will provide for his funds repayment along with monthly and annual reports. Every transaction will be followed by accountant documents, to avoid anything fraudulent. We are hurry up to set up our factory, because winter is coming and we want to make stock for seasonal sales, as they are always high. Our project is in the pre-start stage. Our Investor can be of any status. Profitability of this business can be read by simple mathematic calculation provided below: In case of buying 7 computerized knitting machines, the profit will be: 50 pcs / day * 30days = 1,500 pcs produced by one knitting machine per month 1,500 pcs * 7 machines = 10,500 pcs produced by 7 machines per month 10,500 pcs * 50 USD = 525,000 USD sales amount per month In the case of buying 20 knitting machines, the profit will be: 50 pcs / day * 30days = 1,500 pcs produced by one knitting machine per month 1,500 pcs * 20 machines = 30,000 pcs produced by 20 machines per month 30,000 pcs * 50 USD = 1,500,000 USD sales amount per month Thus, 7 knitting machines make a profit of 525,000 USD per month, and 20 knitting machines will make a profit of 1,500,000 USD per month - even though we have taken an average price for sets of 3 garments of $50 USD. In reality, figures will be possibly higher. We have taken a niche market which will be really profitable. We plan to use woolen yarns supplied from Turkey. Amount : For first step : USD 300.000 to USD 1.000.000 10 % annual interests up to 40% of equity stake (profits) in the project for lender All costs involved in the fund raising should be roll in the fund raising process. NO UPFRONT FEES OF ANY KIND!! (DD, retainer, attorney...etc). We intend to take a loan for our knitwear project of a minimum of $300,000 USD. Plant location could be left to our Investor, but we have considered this and actually like two places – Dubai or Tunisia. We plan to buy knitting machines and ask Investor personal participation for factory setup, to make our business transparent to hım. As soon as we set up the factory and production has started, our Investor can leave the rest of the job to us and we will provide for his funds repayment along with monthly and annual reports. Every transaction will be followed by accountant documents, to avoid anything fraudulent. We are hurry up to set up our factory, because winter is coming and we want to make stock for seasonal sales, as they are always high.
Our project is in the pre-start stage. Our Investor can be of any status. Profitability of this business can be read by simple mathematic calculation provided below:
In case of buying 7 computerized knitting machines, the profit will be:
50 pcs / day * 30days = 1,500 pcs produced by one knitting machine per month
1,500 pcs * 7 machines = 10,500 pcs produced by 7 machines per month
10,500 pcs * 50 USD = 525,000 USD sales amount per month
In the case of buying 20 knitting machines, the profit will be:
50 pcs / day * 30days = 1,500 pcs produced by one knitting machine per month
1,500 pcs * 20 machines = 30,000 pcs produced by 20 machines per month
30,000 pcs * 50 USD = 1,500,000 USD sales amount per month
Thus, 7 knitting machines make a profit of 525,000 USD per month, and 20 knitting machines will make a profit of 1,500,000 USD per month – even though we have taken an average price for sets of 3 garments of $50 USD. In reality, figures will be possibly higher. We have taken a niche market which will be really profitable.

We plan to use woolen yarns supplied from Turkey.

Amount : For first step : USD 300.000 to USD 1.000.000
10 % annual interests
up to 40% of equity stake (profits) in the project for lender
All costs involved in the fund raising should be roll in the fund raising process. NO UPFRONT FEES OF ANY KIND!! (DD, retainer, attorney…etc).

]]> By: Good ways to make start-up capital | Ideate http://www.ideate.co.za/2009/12/03/how-do-i-find-start-up-capital-for-my-business-idea/comment-page-1/#comment-109760 Good ways to make start-up capital | Ideate Thu, 07 Oct 2010 08:08:51 +0000 http://www.ideate.co.za/?p=5065#comment-109760 [...] most business’s are started either by self funding or raising funding. If you’re putting in the funds yourself, that either means you already have the cash to put [...] [...] most business’s are started either by self funding or raising funding. If you’re putting in the funds yourself, that either means you already have the cash to put [...]

]]> By: Jacques http://www.ideate.co.za/2009/12/03/how-do-i-find-start-up-capital-for-my-business-idea/comment-page-1/#comment-96768 Jacques Thu, 24 Jun 2010 13:28:50 +0000 http://www.ideate.co.za/?p=5065#comment-96768 I am looking for an angel . (I do not even mind relinguishing a 50% share - albeit till the "loan" is repaid). I require R 500k and will repay it with interest over 60 months (allowing an initial 6 months grace period) @ R12 500/month. The time of grace is not to allow me to flee the country, but to set up office & equipment etc. Incidentally, my email is also a hotmail address. Will I now be treated same even though I perport to be legitimate ? I know my Bona Fides are sincere - how do I convince an angel investor ? I am looking for an angel .

(I do not even mind relinguishing a 50% share – albeit till the “loan” is repaid).

I require R 500k and will repay it with interest over 60 months (allowing an initial 6 months grace period) @ R12 500/month.

The time of grace is not to allow me to flee the country, but to set up office & equipment etc.

Incidentally, my email is also a hotmail address.
Will I now be treated same even though I perport to be legitimate ?
I know my Bona Fides are sincere – how do I convince an angel investor ?

]]> By: Gareth Cotten http://www.ideate.co.za/2009/12/03/how-do-i-find-start-up-capital-for-my-business-idea/comment-page-1/#comment-80014 Gareth Cotten Wed, 24 Mar 2010 18:54:28 +0000 http://www.ideate.co.za/?p=5065#comment-80014 @ Bentley: Feel free to drop me a line if you're still in need of some advice as to the different options you have. One of the services I offer is business advisory, with finance being a particular strength. Reach me at getsome (at) goodadvice (dot) co (dot) za... @ JBagley: There are definitely angel investors out there who invest in things/businesses with no specific IP. It all comes down to their personal values and principles and/or investment mandate. Knowing how hard I had to work to get financing for my first company, I'm now trying to move to the other side of the equation. I set aside a percentage of my income every month, which is to be used for investing in other small start-ups who could use it. It's nothing huge yet, but I've been able to help out two young companies thus far, and have made a pretty decent return in both instances... @ Bentley: Feel free to drop me a line if you’re still in need of some advice as to the different options you have. One of the services I offer is business advisory, with finance being a particular strength. Reach me at getsome (at) goodadvice (dot) co (dot) za…

@ JBagley: There are definitely angel investors out there who invest in things/businesses with no specific IP. It all comes down to their personal values and principles and/or investment mandate. Knowing how hard I had to work to get financing for my first company, I’m now trying to move to the other side of the equation. I set aside a percentage of my income every month, which is to be used for investing in other small start-ups who could use it. It’s nothing huge yet, but I’ve been able to help out two young companies thus far, and have made a pretty decent return in both instances…

]]> By: Bentley http://www.ideate.co.za/2009/12/03/how-do-i-find-start-up-capital-for-my-business-idea/comment-page-1/#comment-75014 Bentley Mon, 22 Feb 2010 12:59:43 +0000 http://www.ideate.co.za/?p=5065#comment-75014 Hi there Fred, Thanks for your additional info.. I have drawn up all the plans and the likes, I good to go but would like assistance as to the financing options (which is which / best in short & long term). Who can I approach that will enlight me & assist ? Many thanks, Bentley Hi there Fred,

Thanks for your additional info..
I have drawn up all the plans and the likes, I good to go but would like assistance as to the financing options (which is which / best in short & long term). Who can I approach that will enlight me & assist ?

Many thanks,
Bentley

]]> By: Fred http://www.ideate.co.za/2009/12/03/how-do-i-find-start-up-capital-for-my-business-idea/comment-page-1/#comment-72470 Fred Fri, 08 Jan 2010 07:45:25 +0000 http://www.ideate.co.za/?p=5065#comment-72470 @ Hannes and Marlon - : ) @ Hannes and Marlon – : )

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