Thursday 20 August 2009

What is a business angel - do they have wings?

Have you ever heard the term business angel? No, I don't mean a heavenly angel who has wings that God sent. We all know God is too busy solving many other problems and doesn't generally get involved in individual businesses, so we can eliminate that option up front. What I mean is a single person or small group who gives you money to start-up a business in hopes that your idea will actually work and they can make money in the long run from either a return money agreement or partial company ownership. And no, they still don't have wings, so don't get your hopes up.

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