When starting a business you need to have the necessary initial capital to open the doors and keep them open until you’re making a profit. There are many ways to acquire this capital, some save up for a lifetime, to give their dream a go later in life. Whilst others are fortunate enough to receive the help from an angel investor. This type of support can set you off on the right foot from day one.What is a business angel?An angel investor, or business angel, or an investor angel, are all the same thing. It’s essentially a person who acts like a ‘saint’, they contribute an economic amount - and sometimes their time and experience - to a business, one that is unquoted, and run by an entrepreneur who needs guidance and support. The investment can come at any point within the history of the business, however a business angel is usually more associated with a new business in its first steps.The term was first created in the early twentieth century in the United States, and it referred to people who financially supported Broadway theatre productions, that without help, wouldn’t have made it or survived.It’s no surprise that the term has adapted and changed over the years, and we can refer to a business angel as anyone who meets the following requirements;
Who are business angels in the UK?So, it’s all good discussing a business investor, the benefits and how great it can be … but if you have no idea how to acquire one, what’s the point. SO you’re probably asking yourself the first initial questions, who do I go to? Who’s the best business angels in the UK? Let’s have a look.Firstly, you should know that most business angels invest in businesses anonymously. So should you know why it’s very important that some official networks exist and are dedicated to connecting mentors with entrepreneurs. Some of the best known in the UK are UK Business Angels Association (UKBAA) and The UK Investment Network. There are others too that you can find with a simple web search.Being based in the UK, you’re very lucky because a lot of investors exist that want to put their money into UK businesses, let’s highlight six of the top investors in Europe that have done just that.
And whilst you’re in search of your desired angel investor, make sure you have an invoice making software in place, so you can invoice your clients like there’s no tomorrow and watch you profits soar.
