HoneyMoorer427

If you are an emerging firm with the next great product, sometimes you require an angel on your side. A study by the University of New Hampshire's Center for Venture Analysis showed that "angel investors" - high-net-worth men and women willing to invest in entrepreneurial organizations at an early stage - shelled out more than $18 billion into early-stage organizations final year alone, compared to $304 million by venture capitalists. Locating an angel investor, even so, is not an easy task. Safer Smokes Inc. is a single company that understands the challenge of attracting the proper investors. This development-stage company is tapping the smoking cessation marketplace with a distinctive tobacco-free, nicotine-cost-free smoke referred to as Bravo, which has the look of a conventional cigarette and burns like tobacco, but is truly made from lettuce fibers. "Bravo lets you smoke your way out of the tobacco habit steadily," said Puzant C. Torigian, chief executive officer of Safer Smokes. For businesses like Safer Smokes, it may be also soon to approach big venture capital firms, yet time to move beyond networking with household and pals. Angel investors to the rescue. "The challenge for raising capital in today's market place is in harnessing the courage and vision of the angel to see by way of to the actual investment opportunity," said Torigian. So how do businesses like Safer Smokes attract their angel? Most angel investors prefer businesses that are most likely to show positive money flow inside their 1st 18 months, so having these types of statistics about your market place can be an incentive.
 * Have a clear-cut target marketplace for your product or service. For example, Safer Smokes is targeting the smoking cessation marketplace, which has sales approaching $10 billion per year, up from $6 billion just 3 years ago.
 * Match the company program objectives to the angel's danger tolerance. Investors want to know the item or service will be special and well-cultivated. Safer Smokes has a patented answer that business officials say will "influence the landscape of the wellness care business." company formation