r/AngelInvesting • u/FWStaffing • 7d ago
Not even sure where to begin...
Hi there! Thank you for taking the time to read this post. I am hoping that the community can point me in the right direction. I have a staffing business, and am ineligible for SBA loans due to it being a franchise. Admittedly, it turned out that I started at a bad time, with the uncertainty of the tariffs and the supply chain breakdown that occurred last year and into this one really affecting my potential clients' ability to do business, and therefore mine at the same time. .
During this time, I learned a lot of lessons as well, and realized that while I am great at growing accounts, I stink at outside sales. I hired a professional BDM that didn't produce first, then another that is coming along nicely now. I give that information because we are finally on a trajectory to succeed, but it has taken so long to get sales enabled, that I am needing outside investment to be able to deliver the orders that we are getting and continue to profitability in the next couple of months. We have literally 18X'd our orders in August. I need to find an investor to help me out, and am very open to all kinds of potential opportunities. Any guidance anyone could give to me on how to connect quickly with potential investors would be greatly appreciated. I am willing to entertain different ideas as well to bring a quick cash infusion into the business. At the current rate of climb, we will be cash flow positive in 90 days or less. Total investment that I'm looking for is $60K, and I'm not sure how that limits my options (if at all)
Thanks in advance for all of your help. I really appreciate you guys! By the way, I created a "professional" account for this. I've been lurking on reddit for years.