New Brewery Funding

[jebzter]

I am in the process of opening a new brewery, between myself and the other owners we have the majority of the money required to open, but we want to augment our funding with some investors. How have other breweries gone about this? We are well aware of all of the SEC rules about general offerings and solicitations(which we wont be doing), but between friends and family how much success have others had with raising upwards of $150k?

[Brewtopian]

The rules for soliciting investment are set to change in February which will make it much easier to find potential investors. You might want to talk with your lawyer and get the low down on exactly what avenues may be open to you after the change.

[nateo]

Raising $150k from friends and family sounds like a great way to lose all your friends and hate your family.

[AlphaBrews]

We raised more than that from private investors. Have a solid business plan, A big spreadsheet. With friends and family you have to explain very clearly "you can lose every nickel you put in this". That will thin out people who want to support you but have no money. You want investors who can afford to lose the money. Decisions will be less emotional.