Small Business: Raising capital wisely
Photo credit: Newsday, 2009 / Karen Wiles Stabile | Choose investors for a start-up business wisely, advises Andrew Hazen, who describes himself as a "serial entrepreneur," is chief executive of Angel Dough Ventures in Hicksville, which has more than a dozen companies in its portfolio.
Raising capital can be expensive, particularly for early-stage companies.
Investors can require a significant stake in a company in exchange for financing. So it can be a difficult balancing act trying to finance your start-up and not give away too much of your business, say experts.
"The first influx of capital is usually the most expensive, so you'd better choose wisely," cautions...
