We all make mistakes. It’s a fact of life. The key to success is how we deal with failure and overcome the negatives. Whether it’s a business startup or your business hitting a recession, failure can be painful. In business, failure can be even more difficult to deal with. Or…
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…
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’…
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…
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…