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13 Replies Last post: Jun 7, 2008 4:55 AM by tideflash

Need funding for expansion

Jan 8, 2008 4:37 AM

Click to view netdebut's profile Authority netdebut 37 posts since
Dec 19, 2007
Hello everyone,

I am seeking some additional funding to help expand my business. I've received $50,000 of investor funds in July of 2007 and now seeking additional funding to help expand our business right before our launch. Entered below is a copy of my executive summary directly from my business plan. The business plan is 21 pages long and I can provide that along with a 12-month sales forecast starting March-2008.

With the money I have left, I can still make it to March, our launch date, but I'd like to quickly expand into other services such as hiring attorney(s), accountant(s), actors (for video ad), additional servers, employees and much more.

------------------Executive Summary-----------------
The Internet marketing field
in the US is currently a $19.9 billion market and according to JupiterResearch
it is expected to reach $35.4 billion in 2012. PWC analysts expect to see $73
billion, world-wide, by 2011. There's no doubt that Google, as a search engine,
is impossible to beat. Microsoft is still chasing Google, while Yahoo! and many
others are tailing behind.

However, there couldn't have
been be a better time for Fair Ads Network (FAN) to step foot into contextual
advertising. With the advertising giants paving the path and letting us know
which turns are right or wrong, we now know exactly how to approach this niche
market.

I
started working on this company on September of 2006 with my partner,
Konstantin Boyandin, who is from Russia. He's the network security supervisor
at the company he works in, but he has also done programming for more than 15
years. We got together after he found my online business forum, and we came up
with new ideas that could match and even be better than the current contextual
ad network monopoly by Google's AdSense/AdWords program.

We
started this company, because we were inspired by the unfair treatment by the competitors
mentioned. Do a search over the Internet about AdSense, YPN, AdCenter,
Bidvertiser, etc. and you'll see thousands of upset and discouraged advertisers
and publishers using their services.

In
response to that, I came up with the name +"Fair
Ads Network"+ aka FAN. It had a double meaning; 1) The acronym for our
company name and 2) For others to be a "FAN"
themselves.

So
far, all of our features and benefits will match and even beat all of our
competition. You may not have any understanding of some of the things I'm about
to mention, but our company will be able
to deliver ads via text, images and rich media (flash, animated images, video)
through methods of CPM (cost per thousand impressions), CPA (cost per action),
CPC (cost per click), CPV (cost per view). Added solutions are Interstitial,
in-line text, co-registration and even email marketing. Our method of ad
delivery depends on ad type, medium, category, price-range, keyword, keyword
bid, demographic, geographic, time of day and much more.

Even
with a smaller work-force (we currently have 4 people on our team: me - overall
business growth and development, my partner - head director of programming, my
wife - chief financial analyst and our 2^nd^ programmer), I've
developed a system that would allow us to keep up with companies like Google
and Yahoo who have thousands of staff/employees. It seems impossible, but
through the power of automation and through the manipulation of the power of
the people, I am able to harness it and utilize it to my company's advantage.

With
FAN, advertisers (those paying to have their ads shown) and publishers (those
who get paid to have the ads showing on their websites) will have more control
of what ads are being shown, when it would be shown and even specify who can
show the ads on their site. We are much more open to our members compared to
the giants. We've done everything possible to protect them from fraudulent
clicks and accidental clicks. The design in our security system is quite
sophisticated.

As
of December 31, 2007, the average DAILY visit is 300,000; a 3,500% increase
since Jan-07. Our monthly total for December was over 1.2 million, which is an
8,900% increase. We've delivered over 465,000 ads; an increase of over 500%
compared to our starting month, Nov-07. We are growing and intend to do so at a
shocking rate right after launch.

We
are interested in getting finances in the amount of $150k, 200k and $250k.

  1. Our
    investor(s) will receive 6%, 9% or 12% based on those three (3) figures.
  2. You
    will receive an authentic certificate indicating the percentages/units
    owned with 2 member signatures and a company stamp to verify its
    authenticity.
  3. Your
    earnings will be paid quarterly beginning March-08.
  4. You
    may choose to hang on to the owned percentage or sell it back to us after
    a year.
I've
been invited by a company to come out to NYC next fall to work out a major
partnership deal. His company has over 100 employees and branches in NYC,
Brazil and Amsterdam. His company is worth over a billion dollars and working
with clients such as Heineken, Sony, Mitsubishi and many other large
corporations.

When
I settle that partnership, we would be riding the back of a marketing gorilla
that will help us get to where ever we want to go.

Thanks
for your time and I hope to have you on board.

Warm Regards,
Van
(Kevin) Lam
CEO
Fair Ads Network, LLC
kevin@fairadsnetwork.com
http://fairadsnetwork.com


We will begin our press release promotions this month. If you'd like to
see what will be sent out, I've written 2 of them and all of my
investors seem to like the 2nd one more.
Let me know if you have any further questions. Just send me an email with your inquiry and I can send you the whole business plan and the 12-month forecast. If no company can afford $150k+, I am willing to work with anyone who could invest in increments of $10,000, which is 0.5% ownership each. I can guarantee a full and complete return no more than a year from launch and if I fail, even by ONE CENT, I will buy your certificate back.

My limit is 1 company providing $150,000+ or 3 individual investors providing $10,000 each. You have to understand we don't need the money to thrive, but to expand. With an additional $30,000 we'd have more than enough to handle the essentials but it's the ability to utilize our resources prior to launch.

Thank you for your time.
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Click to view intechspecial's profile Mogul intechspecial 1,455 posts since
Jan 6, 2008
1. Re: Need funding for expansion Jan 8, 2008 5:05 AM

When I get to the point where I can answer this question, I probably will not have time to.


I wish you well in this venture, and, obviously you are already on the right path.

Click to view LUCKIEST's profile SCORE LUCKIEST 7,912 posts since
Aug 6, 2007
2. Re: Need funding for expansion Jan 8, 2008 7:48 AM
You are seeking some additional funding to help expand your business. I would like to see your business plan
and 12-month sales forecast .
Please email to " pdeig@juno.com " Thanks LUCKIEST
Click to view intechspecial's profile Mogul intechspecial 1,455 posts since
Jan 6, 2008
3. Re: Need funding for expansion Jan 8, 2008 9:20 AM
in response to: LUCKIEST

Did you know that you can commit part of you business plan as being private?
Click to view LUCKIEST's profile SCORE LUCKIEST 7,912 posts since
Aug 6, 2007
4. Re: Need funding for expansion Jan 8, 2008 4:24 PM
in response to: intechspecial
What do you mean by "
Did you know that you can commit part of you business plan as being private?""
Do not understand, LUCKIEST
Click to view netdebut's profile Authority netdebut 37 posts since
Dec 19, 2007
5. Re: Need funding for expansion Jan 8, 2008 4:32 PM
in response to: LUCKIEST
I agree, I'm not sure what that means. Care to emphasize on that, Michael? And David, I'll send you the details as requested tonight.

And you know, I got this notification saying that "CorpCons08" (Danial) posted a response in this topic but I don't see his message. Is anyone else seeing it? I even looked in his profile and checked his contributions. It still showed that he responded, but no message.

Thanks, guys.
Click to view Lighthouse24's profile Mogul Lighthouse24 2,396 posts since
Oct 10, 2007
6. Re: Need funding for expansion Jan 8, 2008 4:56 PM

I'm just offering some free feedback on the Executive Summary: Investors need to see at a glance how much money they're going to make, what you're going to do to ensure they make at least that much, and when/how they get out of the deal. I saw the third thing (the exit strategy), but not the first two. They are probably in the plan itself, so I'd want to make them featured items in your summary. Also, you could make the summary shorter and more powerful by converting the narrative background info into bullets in a sidebar (none of that is a compelling reason to invest, it just supports a compelling reason to invest). As I said, free feedback -- hope it helps. Best of luck!
Click to view netdebut's profile Authority netdebut 37 posts since
Dec 19, 2007
7. Re: Need funding for expansion Jan 8, 2008 7:41 PM
in response to: Lighthouse24
Thank you Dr. Doug for your insightful information. I will certainly keep those tips in mind as I re-write the executive summary. It is my first time and I do hope to constantly improve.

David, I've sent you the email. Thank you for your interest.
Click to view intechspecial's profile Mogul intechspecial 1,455 posts since
Jan 6, 2008
8. Re: Need funding for expansion Jan 9, 2008 12:44 AM
in response to: netdebut
Simple - The Private part of your business plan is the part that holds proprietary information.
Click to view LUCKIEST's profile SCORE LUCKIEST 7,912 posts since
Aug 6, 2007
9. Re: Need funding for expansion Jan 9, 2008 10:21 AM
in response to: intechspecial
I, Maybe you can post my websit so I can see it.
Thanks, LUCKIEST
Click to view walterdon's profile Mogul walterdon 32 posts since
Feb 5, 2008
10. Re: Need funding for expansion Feb 7, 2008 6:06 AM
do you have a good business plan,and still looking for loan?email me at walterdonn@gmail.com
Click to view LUCKIEST's profile SCORE LUCKIEST 7,912 posts since
Aug 6, 2007
11. Re: Need funding for expansion Feb 7, 2008 6:25 AM
in response to: walterdon
W, Go to the Members page and add a few words about you and your business
LUCKIEST
Click to view netdebut's profile Authority netdebut 37 posts since
Dec 19, 2007
12. Re: Need funding for expansion Feb 7, 2008 6:34 AM
in response to: walterdon
Hi Walter,

No, not really. I've received more investor money and got another loan. We have funds in excess of $30k now. We'll also be talking to a venture capitalist soon who's interested in our business. Thank you for the offer though.

Sincerely,
Kevin Lam
Click to view tideflash's profile Start-up tideflash 2 posts since
Jun 7, 2008
13. Re: Need funding for expansion Jun 7, 2008 4:55 AM
Hello Kevin:
Please take a look at my website:
http://tannerrecruitingservices.com
I have access to over 1000 c-level executives with net worths as high as 80 million dollars.
Many of these executives are backed by venture capital firms that may be interested in investing in your companies growth and success. My role is to get job listings from hiring managers like yourself. I can provide a copy of our contract to you for review. Are rates are low. Some of these executives may even consider working at reduced pay rates to have the opportunity to manage a project for your business.
I am backed by a founder of one of the largest recruiting agencies in the usa with over 170 offices nationwide.
I look forward to speaking with you.
Please feel free to contact me using the contact us form on my website.
I will respond as soon as possible.
Have a great evening!
Tim