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Money Smarts

Money-management strategies

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This story appears in the February 1996 issue of Entrepreneur. Subscribe »

Entrepreneurs seeking capital should be on the lookout for angels-not the heavenly variety but earthbound individuals with a high net worth looking for potentially profitable investments. Some 30 to 40 organizations nationwide help match business owners with these investors using computer databases.

At the Los Angeles Venture Network (LAVN), based at the University of Southern California, entrepreneurs pay a $200 onetime charge and provide a business plan and financial information.

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