ZaharaCheeks491

If you're an emerging firm with the subsequent wonderful item, occasionally you require an angel on your side. A study by the University of New Hampshire's Center for Venture Investigation showed that "angel investors" - high-net-worth folks willing to invest in entrepreneurial businesses at an early stage - shelled out more than $18 billion into early-stage companies last year alone, compared to $304 million by venture capitalists. Obtaining an angel investor, however, is not an straightforward task. Safer Smokes Inc. is 1 firm that understands the challenge of attracting the right investors. This improvement-stage firm is tapping the smoking cessation marketplace with a unique tobacco-free of charge, nicotine-totally free smoke known as Bravo, which has the look of a conventional cigarette and burns like tobacco, but is really produced from lettuce fibers. "Bravo lets you smoke your way out of the tobacco habit gradually," said Puzant C. Torigian, chief executive officer of Safer Smokes. For organizations like Safer Smokes, it might be too soon to method big venture capital firms, yet time to move beyond networking with loved ones and close friends. Angel investors to the rescue. "The challenge for raising capital in today's marketplace is in harnessing the courage and vision of the angel to see via to the actual investment chance," mentioned Torigian. So how do firms like Safer Smokes attract their angel? Most angel investors prefer businesses that are most likely to show positive money flow inside their first 18 months, so having these types of statistics about your market can be an incentive.
 * Have a clear-cut target marketplace for your product or service. For example, Safer Smokes is targeting the smoking cessation market place, which has sales approaching $10 billion per year, up from $6 billion just 3 years ago.
 * Match the enterprise program objectives to the angel's risk tolerance. Investors want to know the item or service will be exclusive and well-cultivated. Safer Smokes has a patented remedy that organization officials say will "impact the landscape of the wellness care business." company formation