Is it better to hit up your friends and family before the Holiday gift giving season or afterwards in the New Year? Assuming I have enough cash to wait till after the New Year.
Another factor is that in BC, Canada, investors qualify for a 30% income tax credit (under the Eligible Business Corporation) which is applied to the tax year which ends Dec 31, 2010. Theoretically if I take investment before the New Year, my investors will receive a 30% tax credit. Otherwise, they will have to wait a year+ to see that credit.