Getting Investors To Put money In Your business

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6 Simple Yet Most Powerful Rules of Investing
Investment Rules

Do you have a great idea and need some money to start your business in Nigeria? If you’re going to get that money to start up you’ll have to have to be able to convince an investor through your pitch. For many business owners, having the perfect pitch is a big challenge, as they struggle to communicate their message to people outside of the business in a clear and comprehensible way.

Here 5 major things investors look out for in any business:

The quality, passion, commitment, and integrity of the owners.

A very clear plan of how the money will be used, what equity you are willing to part with or how the money will be paid back.

The market opportunity being addressed and the potential for the company to grow.

An appropriate valuation with reasonable terms.

The viability of raising additional rounds of financing if progress is made.

To approach any investor for funding, you need to make sure you are registered with CAC and have a good business plan. You can register your business name with the Corporate Affairs Commission of Nigeria (CAC) located in every state capital in the country. You will find all their requirements on their website. It’s a very straightforward process and takes little or no time provided there are no glitches like if you choose a name that is already registered.

You will be required to submit three names for name search. When your name search clears, you fill registration forms and make payments at the bank. When everything is all cleared, you submit the forms and other required documents which are all listed and explained on the CAC website. A few days after that, you will collect your registration certificate. It’s that simple really!

You will be required to submit three names for name search. When your name search clears, you fill registration forms and make payments at the bank. When everything is all cleared, you submit the forms and other required documents which are all listed and explained on the CAC website. A few days after that, you will collect your registration certificate. It’s that simple really!

Anyone who would invest their money in your company would like to see some form of commitment from you, don’t go addressing or pitching your idea like a roadside seller. Keep it simple and real.

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Adekemi is a Pastor by calling and Dentist by profession. She is the Co-founder of ‘Komplete Woman’ an organization whose aim is to inspire and mentor young women to discover their purpose early. She is an associate fellow of the Royal commonwealth society. She is passionate about God, writing, poetry and influencing the younger generation to fan the flame of their potential.