PLEASE CLICK ON QUESTION FOR INFORMATION
FAQ's for Entrepreneurs
Q: How much does it cost?
Q: How do I get business funding?
Q: How long does it take to secure an investor?
Q: What will Investors ask us?
Q: How much can I ask for from the investors (minimum and maximum)?
Q: Am I guaranteed of an investor?
Q: I've never raised capital before, will I be able to find the finance my business needs?
Q: What are Business Angels and where can they be found?
Q: Who will see my full business plan?
Q: Do I have to have a business plan?
Q: Where can I get a business plan?
Q: How long will my plan be listed on this website?
Q: What is equity funding?
Q: What share do I need to offer an Investor?
Q: Why do I need an exit strategy?
Q: I'm not sure if Equity funding is right for me, what other options are there for funding a small business?
Q: What other help can I get for my business and where can I look for it?
Q: How do I prepare for a meeting with an investor?
FAQ's For Providers of Finance
Q: What is the membership requirements to be a provider of finance?
Q: What legal rights do I have if the business are not able to repay my loans?
Q: What interest do I need to charge on my loan? (South Africa has an Usury
Act)
Q: What are my responsibility before I provide credit? (Tax and in SA the
Credit Act)
Q: What will it cost me to view the detailed business plan of a business I am interested in investing in?
Q: Is the Investors network Involved in the deal making?
A: No, the business serves only as an platform for introductions. Please see both the Tems & Conditions, as well as the Disclaimer.
Q: Will I have any claim against Investors Network if the deal falls through?
A: No, the business serves only as an platform for introductions. Please see both the Tems & Conditions, as well as the Disclaimer.
FAQ's on Pricing
Q: How much does it cost?
Q: Why isn’t it free of charge?
Q: Why do you charge success fees?
Q: How do your costs compare with Investor groups?
FAQs on the Investors Network
Q: How much does it cost?
Q: How can I protect the confidentiality of my idea?
Q: Why should I trust Investors Network?
Q: Who are your Investors?
Q: How many Investors do you have?
Q: Who is behind Investors Network and why was it set up?
FAQ's on the Website and Usability
Q: How can I change my Summary or Plan once they've been submitted?
Q: How will I know when an Investor is interested?
Q: I've been invited to a meeting with an Investor, how do I prepare?
Q: Can you send me a username and/or password reminder?
Q: I've been sent an email about Investor interest, what do I need to do?
Q: How do I change my personal details?
If this does not answer your questions please click here to email our help desk.
Answers on the Website and Usability
Q: How will I know when an Investor is interested?
A: The Investors Network system is designed in such a way that an investor who is interested in your idea, product or design can email you directly. To protect your privacy, your email address itself will not be made available at any time.
Q: I've been invited to a meeting with an Investor, how do I prepare?
A: There are a number of steps that you can take to ensure that you are prepared for the meeting.
- Ensure that the investor signs a confidentiality agreement prior to the meeting. This can be done through email.
- If the investor has not yet looked through your business plan, take a copy of the plan with including a full set of financial forecasts.
- Make sure you are familiar with the finer details of your plan, including the feasibility study and marketing research information, as well as the financial forecasts.
- It may be useful to decide prior to the meeting exactly what you want from the relationship. In saying that please also be aware that flexibility and negotiation are important aspects of meetings such as this.
- Finally, remember that you may be nervous. Being prepared can help eliminate some of this nervousness and tension. Have confidence in your product or service, and present it in a favorable light. The majority of the meeting will consist of you presenting the business. Also, be prepared to agree to an investment that day. You can have a letter of intent in your briefcase, in case the investor proposes an agreement. This shows your confidence and ability to plan ahead, a good trait in any new business owner.
- Dress for success when attending your meeting. Wear a jacket and tie, or a nice dress or pant suit. Remember, you are asking for money to become a business owner, so you should dress the part. Even if clothing has nothing to do with your business plan, your appearance makes a huge impression on an investor.
Q: Can you send me a username and/or password reminder?
A: When logging in, simply click on the link that asks if you forgot your username or password and the detaisl will automatically be send to you. If this does not work, please contact us.
Q: I've been sent an email about Investor interest, what do I need to do?
A: You may want to look at the investors profile. Will this investor bring your business what you are looking for? Once you are sure that you want to persue the relationship, ask the investor to sign a confidentiality agreement. This can be done through email.
