Angel Investors Offer More Than Money
Angel investors are known for investing billions of dollars investing in start-ups and have funded tens of thousands of small businesses. So it’s reasonable that entrepreneurs developing business plans will associate angel investors with money first. Yet angel investors have a lot more to offer business than just financing. They also have entrepreneurial skills, market knowledge and business savvy, which are all assets that new businesses can and should use to their benefit.
Angels spent considerable amount of time in a process called due diligence. They use their knowledge and business analysis skills evaluating business plans with two goals in mind: