Becoming a business Angel with Co, the service linking syndicates of business angels, can be a great way to invest in the future of innovative high growth businesses while also widening your own business network.
To make the most of the time and the funds that you are investing here are some expert tips and advice from our Angel team:
Invest in multiple deals: Co brings syndicates of Angels together to invest meaning the individual financial commitment is less but the wider pot can be significant. This enables new Angels in particular to spread their risk while learning more about the sectors that they are investing in.
Listen to the experts: all our syndicates have a lead Angel; someone who knows the sector that the business is operating in very well. Being able to tap into their expertise and industry contacts is invaluable both for that investment and potential future deals.
Develop a strong network: investing can be a lonely business but getting into a network like Co to sound out ideas and access co-investor’s expertise can be an important way to stay a step ahead.
Do your homework: our Co team at BFS work with our investors to complete due diligence on all of the businesses seeking investment, covering all aspects of finance, legal, management and commercial issues. This provides early warning signs and highlights any problems which need to be accounted for in the investment process.
Think about your exit: when investing into a business the term of the investment needs to be considered and proposed exit. This may be influenced by a number of factors including market changes, how many companies the Angel is investing in but an average is between five and seven years.
If you are interested in becoming an angel investor or want to know more get in touch with the Co team on 0161 245 4737.