I've got great news for entrepreneurs who are seeking capital for their business. The current tax rates have been extended for another two years allowing investors to move forward with investment opportunities.
Angel investors have been cautious with risk investment capital while waiting to see the fate of the current tax rates. Had the rates risen as scheduled, investors would have put less money into entrepreneurial ventures and focused on putting money into more established institutional investments.
The decision that has been made by congress to continue with the current tax rates will benefit entrepreneurs, investors and even employees of the start-up companies as well as the economy as a whole. Entrepreneurs offer the greatest opportunity to move the economy forward as they are willing to generate excitement and opportunity in the marketplace.
The entrepreneurial community as a whole needs to do a better job educating the public about what we bring to the economy. While we don't have the resources of big business, we do have the ability to generate viral campaigns to bring awareness to the public and compete with big business and those that work against entrepreneurial ventures.
It's time to get to work and polish your business plan, prepare your subscription agreements and start pitching your opportunity to Angel investors. The opportunity is opening and you don't want to miss out on the window.
If you are an Angel Investor, or are thinking about becoming one, I would encourage you to search for local entrepreneurial development centers and business incubators to find the best opportunities to invest in a start-up company. These organizations are typically staffed with people that will help direct you to investments that are ready for your capital and are likely to help steer you away from companies that aren't ready.