Many businesses look for silent partners, as they need financial backing but refuse to compromise control. The great thing with a silent partner is that they agree to invest in the company without having any authority.

So how does one find a silent business partner?

1. Make a professional business plan, focusing on revenue projections. Seeing as it’s a silent partner you’re looking for, all the care about is the return on their investment. Show how your business create cash flow in a reasonable time to lure the investor in.
2. Show your business plan to friends and family. They will have more faith in you than a random investor.
3. If you feel uncomfortable doing this, then your best option is to look for an angel investor.