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Small business owners not impressed by Dragons' Den panelists

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Duncan Bannatyne and his fellow Dragons' Den panellists will no doubt be amused to hear that nearly 65% of small business owners say that they would turn their back on an offer from them as they don’t believe it represents good value for money. Duncan, Peter, Deborah, Theo and James are all out!

The seemingly enormous egos of the BBC show's big shots have been put out by nearly 65% of small to medium sized enterprise owners who say that they would turn down a deal from one of the panel.

This "groundbreaking" research, carried out by KashFlow, shows that business owners do not believe that the deals put on the table by the quintet represent good value for money and would instead turn to banks or private backers for a more reasonable rate or split of the business.

Just under 750 business owners took part in the research which also highlighted hat when it came to reasons why small business owners would accept an offer from the panel, 36% said it was for the experience they would bring to the company.

A further 27% said they would accept in order to try and grow their company, 24% said they would only accept because of the positive public relations opportunities, 6% said they would only accept if they had no option and a few jokers said they would accept an offer from Duncan Bannatyne just to get a discount off his gym fees.

Posted February 21, 2008



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