Responses (1)
You said "I HAVE a business", so I assume you mean what you said, that the business already exists, not that you just have a business idea. This matters, because (at least in the U.S.), that affects how you are allowed to solicit investors. What is the legal form of the business (sole proprietor, partnership, LLC, corp)? What country are you in?
I'm not familiar with UK business rules.
Usually, people will first hit their own funds (like take out a second mortgage or line of credit against their house), then pitch their idea to family and friends. If that doesn't raise enough, there are investor clubs you can pitch to, which I think makes more sense than an ad, since you can answer questions, and relate at a personal level. IMO, venture capital companies want too high of a %.
Yes I have had the business for 2 years in which timeI had to learn it inside out before I felt it was time to find an investor. I am in the uk and it is a limited company