Venture Capital

Growing your business – 3 Key Tips

Growing your business – 3 Key Tips

There comes a point when entrepreneurs/founders want to expand and grow their business, be it adding a new service/product, opening a new location or adding staff to grow existing services. I would recommend 3 key tips for businesses to consider before embarking on a growth phase. 1. Planning for growth…

ROI and when to use it – return on investment

ROI and when to use it – return on investment

What is it? Return on investment or ROI is the most commonly used financial term in many conversations about spending large sums of money. Simply put, it measures the profits or benefits arising out of money invested to achieve those benefits. It should not be confused with ROCE – return…

3 Key Traits of Successful Entrepreneurs

3 Key Traits of Successful Entrepreneurs

I have been fortunate to meet several entrepreneurs in my career. However meeting three successful ones recently and discussing how they developed their respective businesses, made me conclude that they have similar traits that make them successful. Here are my conclusions on the 3 key traits it takes to be a…

How to calculate returns on investment – using IRR

How to calculate returns on investment – using IRR

If you’re looking to raise funds for your startup, the first question an investor will ask is what’s the return? And if you think that’s easy, it’s the annual profit divided by the investment, you’ll be wrong, e.g. annual profits of £75,000 with an investment required of £250,000 gives a…

8 Key Skills to look for in a Finance Director

8 Key Skills to look for in a Finance Director

At some stage of its life a business must hire an experienced and effective Finance Director (FD). Finance and figures are not easiest skills to learn for all entrepreneurs or non financial managers. Whether you’re the business owner or the CEO, you need a reliable person to run the finances…

Startup funding sources – Bank loans

Startup funding sources – Bank loans

Do banks lend to startups any more? Probably not is the answer in the current climate. Since the financial crisis, most banks do not lend to startups nor to most businesses they would have before the crisis hit. However, there maybe the odd startup that’s got a business plan and sufficient…

Startup funding sources – Venture Capital

Startup funding sources – Venture Capital

Venture Capital (VC) is the source of equity funding for many startups and also larger businesses looking for their next stage of growth. VCs’ usually fund millions into businesses and should only be looked at when you need millions and when you have exhausted all other sources of funding. VCs’…

Startup funding sources – Angel Investors

Startup funding sources – Angel Investors

Angel investors are an increasingly important source of funding for startups and early stage businesses. Nearly 21% of business funding in the UK comes from this source and fills the funding gap between friends and family and the larger Venture Capital firms. Angel investors are experienced entrepreneurs who usually have…

6 Things Investors Look for in a Business

6 Things Investors Look for in a Business

  Depending on the investor be it Venture Capital, angel investors or other type of funds, each will have differing criteria to evaluate whether the business is for them or not. Usually there will be common factors running through them that businesses seeking funding should know about. I have summarised…

Different funding sources for business

Different funding sources for business

Raising funding is something you may have to keep doing whatever the state of your business – if you’re starting up, wanting to grow your business fast or expand it. For small to medium sized (SMEs’), raising funds can be a difficult process since they may not have enough assets…