Good Prospects
Generally, you will want to be able to show that your business has some good prospects for the future. In other words, it seems likely that your business will have many sales and clients coming in, and that you are therefore likely to keep the business going strong. This can be something of a subjective measure, but there are ways to show that your business is likely to be interpreted in this way – such as having clear, evidence-based projections for your sales. So make sure that you are thinking about that if you want your business to be worth investing in.
Proper Infrastructure
The term infrastructure can refer to a lot of things, but mostly it’s about making sure that the business clearly has some things in place that can help ensure that it can run smoothly for the foreseeable future, no matter what might happen. Good infrastructure includes having a building with proper plumbing, good pump suppliers and reliable electrics. It’s also about having ‘softer’ infrastructure, such as the right intellectual property in place. As long as that is the case, it’s going to bode well for the future of the business, and it will be a safer investment.
Reliable Client Base
What is your client base like? If you have a fairly ad-hoc client base, that might be something that you want to try and improve upon, because it can make it seem as though the business is riskier to invest in. What you want is a reliable client base, meaning that you are fairly certain you are going to have a lot of clients in the future, perhaps because they are being brought back time and again due to loyalty schemes and the like. So make sure that you are able to show this, and it is likely going to make a huge difference.
Protected Idea
Finally, take a look at the idea that you have behind your business, and make sure that you are protecting it as best as you can. You can do that in all sorts of ways, but the best is if you find a good legal protection for it. That might mean patenting the idea, if you can. With a patented idea being the main thrust of the business, you are going to find it a lot easier to find investors at all times. That is going to make a huge difference to the future of your business.