Invesment required for online business in profit
03-12-2007, 03:26 PM
#1
Hello and thank you for taking the time to read our post, we run an online business in the equine/horse world which has been in the building process for just over 12 months. We went live with the business just 14 weeks ago but in this time it has become very popular and is already in profit, we did not expect it to grow so fast and in fact have over 2000 members, 100+ paying advertisers and around 400,000 page views.
Due to the speed at which we have grown we now feel we need to keep the excitement going and are in the middle of updating the business to offer a unique feature to this industry which will increase the website traffic and in turn profitability further. We already have the backing of some big businesses for the new feature as they want to be involved and as well as paying to advertise are giving us items to be given away on the website.
However as you may know this can be a strain on any new start up business and although we have returned over £5000 in profit we are still some way from having all the required funds to compete in this arena with the big boys. we have grown faster than any other business in this field and already are very well known in the horse world and our main competitor has a turnover of around £80,000 p/week we feel we have a greater chance of taking a larger market share than them as we have the ability to implement changes faster.
What we are looking for is a silent partner who can expect to receive a good return on their investment within 12 months with the investment amount being returned on a weekly basis over 12 months. We are looking to offer up to a 40% share and would consider taking multiple investors but would like it to be one if possible.
We do not want to give to much away here and would ask any interested parties to email or pm us for further details.
Again thank you for taking the time to read our post.
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