Most owner managers think they have a reasonable handle on the overall financial performance of their business, but how accurate is their profit data and could it be misleading them? To improve their chances of success, they need access to accurate and meaningful data. But where should they start?
When raising finance, figuring out valuation can be one of the most tricky aspects. Priced poorly may either hurt your efforts to raise finance in this round, or in future rounds.
Often it is useful to look at what competitors had raised at a similar stage of funding.
It is also incredibly important to distinguish pre-money valuation from post-money valuation.
Raising funding can be a particularly challenging feat when starting a new business. Ventures may go through several rounds of funding as their business grows and develops. Ahmed El Ashry spoke with FoodTech company ‘Feast It’ Co-Founder, Digby Vollrath on their funding journey and what entrepreneurs can expect when raising funds.
When approaching banking as a fresh entrepreneur, some entrepreneurs need to consider finding a bank that will meet, or help them meet their business lending needs, in order to jumpstart their business or manage cash flow. UK Banks have been promising a greater investment into SME lending in the next year, with NatWest investing an extra £1Bn to the UK SME market in 2019 and The British Business Bank aiming to invest £150m for lending to UK small businesses through Funding Circle.
For entrepreneurs seeking funding to expand their business, choosing the right investment partner is critical. It is essential for start-ups to understand what investors are looking for in a potential investment.
In an ideal world, an entrepreneur can choose from different investment options, not just one...
By Tim Stone, Venture Partner, Breed Reply.