I've been running a cleaning company for the past 7 years and I've been striving to revolutionize the home cleaning industry for the last 3 years.
However, I haven't received funding nor have I really pursued it, but it has always been on my mind.
My ultimate goal is to transform my current business into a technology-driven company. But I've been facing difficulties in generating the necessary capital from the existing business. I'm at a crossroads and need your guidance.
Is it still feasible to attract investment for my current business, considering its history? Or should I consider setting up a completely new venture and migrate all customers and assets as my initial investment for the first round of funding?
Furthermore, the current company operates and appears as a traditional cleaning service, while a new venture could start off as a tech-based cleaning company. This transition might address some of the challenges I'm currently facing.
I would greatly appreciate your insights, experiences, and advice on which path I should pursue. Thank you!
However, I haven't received funding nor have I really pursued it, but it has always been on my mind.
My ultimate goal is to transform my current business into a technology-driven company. But I've been facing difficulties in generating the necessary capital from the existing business. I'm at a crossroads and need your guidance.
Is it still feasible to attract investment for my current business, considering its history? Or should I consider setting up a completely new venture and migrate all customers and assets as my initial investment for the first round of funding?
Furthermore, the current company operates and appears as a traditional cleaning service, while a new venture could start off as a tech-based cleaning company. This transition might address some of the challenges I'm currently facing.
I would greatly appreciate your insights, experiences, and advice on which path I should pursue. Thank you!