My blog on the 10 minute guide to understanding a Balance Sheet is the most read even though it is also the longest and tries to deal with some complex items in a simple way – http://bit.ly/XMTzfa I used Apple’s balance sheet for 2012 and since a year or more has…
Advice on how to start up a business has been written about almost every day and the advice follows the usual steps. 1. Come up with the business idea 2. Research the market for the product or service 3. Write your business plan along with your forecasts for the numbers…
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…
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…