The Angel Investment Network seeks to help entrepreneurs and start ups in Canada obtain business funding. With the recent wave of television shows around the world such as Dragons Den, a number of people around Canada have decided to take the step forward and work on that idea they’ve been thinking about for so long. Being self employed is also something many people strive to achieve.
The first stage is generally to use your savings or borrow money from wealthy (and generous) friends and your immediate family to start the business up. However, if this isn’t possible finding an angel investor can be difficult unless you know the right people. Until now that is! Thanks to the Angel Investment Network, entrepreneurs can sign up online and reach not just one or two, but thousands of potential investors.
The Canada branch of the Angel Investment Network can help entrepreneurs like you take that next step. With our database of angel investors, it is easy for you to raise business funding and/or venture capital for your project. Our network can help you find contacts not only within Canada, but connect with investors from abroad that are looking for Canada entrepreneurs to invest in.
Canadian business partnerships can be structured in a number of different ways however the theme that runs through all partnerships is that a partnership is constructed with two or more individuals who own a business. The way business partnerships are structured is important, not only for an entrepreneur who is looking for a business partner to help make their dreams a reality, but also for the investor themselves. Without proper planning and thought an investor could open themselves up for more than they have bargained for, as in some cases additional liability for loses can rest with all partners, not just the entrepreneur.
In general partnerships all members of the new business partnership share an equal role in how the business is run, therefore an investor who is looking to become a general partner typically is a person who is interested in the long term success of the business and wants to provide support and input into the running of the company. Entrepreneurs and business owners who attract this type of investor need to be clear in their mind that they are looking for a partner who will provide support and offer their opinion on how to run the company. Whilst profits are split equally between partners, liability for loses are also split between all parties, therefore It goes without saying that not all investors or entrepreneurs are interested in this form of partnership.
Business partnerships that have a ‘sleeping’ partner are partnerships where the investor partner has invested money into the company but offers no support or direction on how the company is run. Therefore sleeping partners main and only concern is making money from the business investment. For entrepreneurs this form of partnership obviously has many benefits as the way the company is run remains in control of the entrepreneur, however the downside for the investor at least is that they can still be liable for losses that the company runs up.
Limited Companies are perhaps a better way for entrepreneurs and investors to work together as ownership of the company and division of profits can be allocated in different ways and any loses that a limited company creates belongs to the company and not the owners. Limited Liability Partnerships (LLP) is another but somewhat complex way to construct a business partnership, however these should also be considered when going into business with another individual as this form of partnership arrangement has been constructed specifically with outside investors in mind.
How the Canadian Angel Investment Network Can Help
Doing business via the Canadian Investment Network is straight forward. Entrepreneurs and investors can find a partner throughout Canada, including all the major business hubs in Ottawa, Toronto, Ontario, Quebec and more. In fact, the Angel Investment Network is a global enterprise so if you are looking to do business overseas then you can find a partner where ever it is you are looking to do business.
Entrepreneurs in Canada can find investors and high net worth individuals who are looking to partner with entrepreneurs and skilled workers who are looking to start up a small business. When it comes to the amount you need for investment, there is no minimum investment level that is right, but you should ensure that you have considered how much investment you will really need in your business plan. Looking for too little investment can be a mistake if you don't have enough money to run your business effectively.
Foreign workers looking to start a new business in Canada might be able to. You don't necessarily need to be a permanent resident since the Canadian Entrepreneur Stream from the government of Canada may give you an opening into Canada. If you're looking to immigrate to Canada then business immigration is one option to become a Canadian citizen since the government has programs in place to help certain immigrant entrepreneurs who meet the eligibility criteria and who can boost the Canadian economy.
If you're an investor you can search the Canadian Investment Network for small businesses, established businesses and entrepreneurs who have solid business ideas that require investment. You will find a whole range of different business opportunities that you can invest in, these will be across Canada and beyond. You can also find business ideas across a wide range of different sectors and industries, so if you have a preferred area or market that you like to invest in, then you should be able to find a suitable match on our network.