I did read that and it was helpful. On a recent venture, we were able to
attract two local investors and we hope to start our project (health care
related) around March. Ed

What sets you apart from starbucks?

This is a great idea! But every good business idea will soon fail if you
don't plan. Everyone has questions when it comes to starting a business and
you are headed in the right direction because you are already asking the
right questions.

In order to attract investors you are going to have to be able to prove to
them why your business is a good business to invest in; also you will need to
be able to prove to them how your business will be able to make money. In
other words prove why I should choose your Café over Cafe-X? Or how will you
market your business to draw custoners...etc ? This is why you need a
business plan and you can't answer these questions without a business plan.
This site has a wealth of information in regard to creating your business
plan.

You will also find plenty of information on starting your business, legal
questions etc. Also you can find and meet with a SCORE counselor on this site
that will help you for free! They can help answer some of your business
questions you may have too.

My final advice to anyone who wants to start a business is to be prepared to
do some homework (research, read, and learn the business language) which
learning the answers to the questions you have asked. It will help you out in
the long run.

I hope this helps!

BCH

A good blog post to read about this topic is How to Find and Attract Investors. This will show you where you can find investors to how you can sell your business plan to them. Hope this helps!