I started a small retail/service company in the swimming pool business. I allready want to expand.?

Question

Need a investor to grow and expand quickly. How to i locate and find a good investor. This company is growing leaps and bounds. It is not in any cash flow problems and has assets. The pool retail store is located in Katy, Texas. Only 2 other stores are in the Katy area. I can sell my pool products much cheaper and we have more pool knowledge then any pool company in whole Houston area. Just need that right investor.

Answer 1

check out the sheer number of Pool businesses near Katy

http://maps.google.com/maps?hl=en&um=1&i...

As per Houston, found 5000 results

http://maps.google.com/maps?hl=en&um=1&i...

so perhaps you'd better be careful what you do, but good luck.

Answer 2

I think you have some misperception abut the number of pool retail/service companies in the Katy area, or else you just haven't made clear what products and services you're actually offering.

In fact, there are dozens of companies in this business in Katy itself (or at least who list their place of business as Katy), and literally hundreds more in the vicinity of Katy.

This means you have a lot of competitors, and very little knowledge of the business environment you're operating in.

If you can explain these apparent discrepancies, that would be helpful.

Answer 3

go to www.google.com and look for what ever you need! or go to yellowpages.com and look for a good investor. good luck!

Answer 4

Go talk with your bank about a small business loan.  The link below gives some basic information on the process and what information you'll need to have on hand.  Good luck!

Answer 5

If your business is as good as you say, you would be well advised to avoid taking on any equity investors unless there is a risk of having some other competitor eat your cake because you fail to expand.

But, you may still be much better served to acquire loan capital rather than equity. The qualification there would be that your bank may want to see a better debt-equity ratio.

You do not mention why equity financing is better for you right now.

Answer 6

Here is some information that will help you grow your business and offer some great resources:

http://peoplegetbusy.blogspot.com/

Answer 7

if you actually own the building maybe you can take out an equity loan against it, but it is really risky only because if you default on that loan you'll lose everything! if your company is doing well as it is I would just leave it go until you have enough money to put a huge down payment on the addition. Or maybe the SBA could help you out.. Good luck!