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How Will I Get Capital Investor For My Travel Related Business?
Jul
18
2009
I require a capital investor for my travels related business. Kindly help me.
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Answer #2
Dear., Its depends that how many Four Wheelers you have, and in which conditions these are, and what type of business you are doing, If you are doing Daily base travel business e.g “If someone want to go one city to another and he want to hire your care for one day only on KM bases” its may be difficult to find Investors. If you have many cars, buses etc. and given to BPOs, KPOs, Hospitals, and other services than you may find lot of Investors for your business than i have great Ideas— write me detail of your business “How many cars, buses etc.” on my e-mail:ahmad.adbl@yahoo.com
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Answer #1
I would say there is a simpler way. Instead of taking loans from your friends and relatives, try selling shares to them. i,.e, you register your company as a private limited company. And approach your friends and relatives or contacts with your plan and tell them you will give a share of 5% for say 1 lakh Rs (this is an example). Once you accumulate sufficient money, approach a bank and show the equity you have and get a loan. Sounds simple but difficult to carry out.
Other way can be to approach venture capitalists if your business has any innovation or key advantage in it. You can get a lot of these names online.
All the best!