| One of the definitions for angel is someone who | | | | owner. |
| provides financial support for a business venture. | | | | Raising money is an extremely time consuming and |
| Everyday more and more non-governmental | | | | exhausting proposition. That aspect of new and |
| organizations ban together to create networks of | | | | existing business financing has not changed, even |
| angel enterprises geared specifically to aid, finance, | | | | with angels for women only funding sources. It is |
| and support women only ventures. With the vision; | | | | important that you persevere according to Aliza |
| more companies owned and run by women are | | | | Sherman, author of Power Tools for Women in |
| needed so women can create additional | | | | Business. |
| environments where other women can get to the | | | | When approaching angel investors, the women |
| top and have sustainable careers in leadership | | | | entrepreneur should start local and network with |
| positions. Angels for women only are a viable source | | | | other businesses that have had successful funding |
| of expansion and start up funding for women owned | | | | experience to learn what is required. A rock solid |
| businesses. | | | | sales pitch about the enterprise you are starting, how |
| Initially angel funding was most commonly used for | | | | the funds will be used, and what are your future |
| business start up funding. Today's angels for women | | | | expansion plans should be included in that pitch. |
| only companies now provide follow on rounds of | | | | Known as your elevator speech, you should have a |
| financing to assist established companies with growth | | | | short 30 to 60 second version to peak interest and |
| and expansion needs. It is an well known fact that it | | | | get you in the door, and a full blown presentation |
| is more difficult for female entrepreneurs to raise | | | | prepared to present once that door has opened. |
| capital than male entrepreneurs. Through women-only | | | | Lastly, your business plan has to be rock solid and it |
| business forums, educational conferences, and angel | | | | goes without saying, your business proposition must |
| meetings; women entrepreneurs can now banish that | | | | be commercially viable. You must include a realistic |
| once ungovernable barrier and somewhat level the | | | | exit strategy, and your product or service must be |
| business finance playing field which has hampered | | | | scalable. Being a female entrepreneur does not insure |
| them for so many years. | | | | an angel of women only organizations will fund your |
| In addition to business funding opportunities, angels | | | | project. You must earn that right and to do so |
| of women only organizations also provide support for | | | | requires the exact same hard work that male |
| women entrepreneurs so they can sustain their | | | | entrepreneurs must encounter when funding their |
| enterprise once it has started. Business plan | | | | enterprises. |
| development and review, business consulting, design | | | | Angels of women only organizations have opened up |
| and property management advice, as well as | | | | more funding sources so women entrepreneur have |
| networking collaborations to connect with vendors | | | | more opportunities to obtain start up and expansion |
| and service providers are a few of the additional | | | | business financing. The doors have been opened. The |
| services angels for women only companies make | | | | possibilities for financing are there. All you have to do |
| available to help create a business environment in | | | | is do the work to get it. Ladies, are you willing to do |
| which success is inevitable for the new lady business | | | | your part? |