Whether you’re just getting started with your new business, you’ve got a seasonal company that sees a yearly slump or you’re looking to invest in a must-have asset, getting the finance you need can seem like a daunting and almost impossible task. (more…)
Due diligence is a term bandied around quite a lot. However, not many people understand what it means or what is involved.
If you ever consider buying, selling, or investing in a business, then you’ll need to know precisely what due diligence means, what the process is, and how to conduct due diligence properly. (more…)
According to the Office for National Statistics 357,000 businesses closed their doors in the UK in 2017. Some of those businesses were less than a year old.
There aren’t any statistics that reveal the precise reasons why these businesses failed, but often the answer is as simple as cash flow. (more…)
Equity crowdfunding has become entrenched as as a serious way to fund small and medium-sized UK businesses.
Rather than go to friends and family, asking for a bank loan, or pitching to angels or VC, business owners can instead access finance directly from members of their “crowd”. (more…)
For new and growth-stage businesses, an equity crowdfunding campaign can be a catalyst to a successful future. The long-term backing from investors, the accompanying marketing boost and, of course, the investment itself, can really help propel a business to the next level.
However, to run a successful crowdfunding campaign, you’ll need to carefully plot the journey ahead. (more…)
Fintech company Capital on Tap is celebrating the major milestone of lending over 1 Billion pounds to small and medium sized businesses across the UK.
Since its creation, less than 7 years ago, Capital on Tap has helped more than 65,000 small business owners fund their business ambitions. (more…)
Whether you’re starting a business, or taking it to the next level, the right finance can be a significant factor in driving growth.
Perhaps the growth of your business depends upon the purchase of new equipment to enable you to increase capacity, provide additional services, or win a particular new contract. In that case, asset finance could be the key to unlocking your growth potential. (more…)
In the minds of many an entrepreneur, equity crowdfunding should be a shoo-in. You’ve had the spark of a bright idea, built a remarkable product, and a strong business model – the crowd would be mad not to invest, right?
Sadly, the reality is often very different so we asked crowdfunding expert, John Auckland, to explain why engaging messaging is vital, and how to craft a compelling message. (more…)
Early-stage businesses have a great opportunity to use equity crowdfunding to raise funds, grow brand awareness, and build a loyal crowd of supporters, even before the product launch.
However, while it may look simple to set up and run an equity crowdfunding campaign on a platform like Crowdcube or Seedrs, it actually takes a lot of preparation behind the scenes. (more…)
Equity crowdfunding requires a lot of preparation, which means business owners have to find some significant time ahead of a campaign. And after putting weeks of effort, it can be devastating to see a lacklustre response from the crowd.
So, if your crowdfunding campaign isn’t going to plan, here are the steps you should take to get it back on track. (more…)
There are lots of things to think about if you’re considering taking out a business loan. The UK’s business lending market includes a wide range of providers offering subtly different types of business loans.
If your business needs to borrow money, here are some of the key considerations you need to bear in mind when deciding which business loan is best for you. (more…)
If you need finance for your business, one route you can take is a business loan. Business loans now come in a wide variety of shapes and sizes, so you’ll need to choose the loan that’s best suited to your situation.
One of the main options you’ll have is whether to take out a secured, or unsecured business loan, so let’s look at what this means. (more…)
If you need an injection of cash for your business, there are now many different and increasingly flexible alternative finance products available to suit your unique requirements.
One of the more recent and most innovative among them is the merchant cash advance. So what exactly is a merchant cash advance, and is it a suitable form of finance for your business? (more…)
Whatever stage of growth your business is in, there may come a time when you need a fresh injection of cash and you are faced with the uncomfortable prospect of signing a Personal Guarantee. (more…)
Equity crowdfunding has flourished as a key form of alternative finance for early and growth stage businesses. It’s become a great alternative to bank loans and other traditional funding sources, allowing entrepreneurs to engage a crowd of passionate investors for financial backing.
However, the popularity of equity crowdfunding has left platforms, like Crowdcube and Seedrs, rather overcrowded with hundreds of active campaigns at any one time. (more…)
As a small business owner fundraising can be a daunting prospect but digital technology is changing this. You can now raise the funds you need to develop and expand your business in a way which you’ll find more user-friendly and which puts you in control of the process. (more…)
Young businesses and start-ups that are looking to raise funding have a dizzying array of choices nowadays. In fact, there has probably never been a bigger range of places to go for early-stage finance, from crowdfunding and angel investors through to government-backed start-up loans and P2P lenders. (more…)
Most entrepreneurs really struggle to bring in investment without the proper tools to bolster their proposition. An engaging pitch deck is a key part of any successful fundraising strategy, so it’s vital to get it right.
With no clear consensus on what a great pitch deck for raising funds looks like, we asked funding expert, John Auckland to share the insight he has gleaned from a series of successful fundraisings. (more…)
Entrepreneurs usually need investors to stump up the funding to fuel their dreams. The mistake many make is putting a huge effort into persuading investors to back them, only to neglect them once they have invested.
This approach is damaging, especially when you need more investment for your next phase of growth, so we asked, Scott Haughton, COO at Envestors to explain why you need to communicate with your investors and how to do this. (more…)
Fundraising for your business is rarely a walk in the park. It’s a tough process, regardless of the industry you’re in, it can take up vast amounts of time, and more often than not, ends in failure.
Communicating effectively with investors will really boost your chances of success, so we asked funding expert, John Auckland, to reveal which buttons you need to press to get investors onboard. (more…)
There’s never been a better time to start or grow a business in the UK, with more funding options and tax incentives (for companies and investors) than ever before.
Crowdfunding is an option that more businesses are turning to, so if you’re looking to turn a great entrepreneurial idea into a reality, or to scale your business to the next level, here are five reasons why you should consider equity crowdfunding, plus some practical advice on how to succeed with your campaign; (more…)
Everybody understands that starting up a business from scratch is not a simple process or an easy challenge to take on. Regardless of how lofty your ambitions are or whether you’re aiming to establish yourself as a sole trader or as a the boss of a burgeoning new enterprise, finding access to initial and early-stage sources of finance is a vitally important step along the way towards sustainability and success.
Here’s a look at some of the most commonplace and most viable routes to finance currently available to startup businesses. (more…)
Christmas might be a time for giving, but the common perception is that it’s not a time for investing.
However, as John Auckland of TribeFirst reveals, funding statistics surprisingly show that December can be a great month to find investment for your business. (more…)
When you need to find business funding fast, what are your options and what are the quickest ways for you to secure more finance?
We talk you through the most viable fast funding options for SMEs who need finance in a hurry, and include practical tips on how to ensure your funding application goes as swiftly and smoothly as possible. (more…)
Getting funds together to accelerate your venture won’t be a quick task. Choosing the wrong fundraising activities can not only prolong the process, it can even deter investors from backing your business.
So, what are the most common mistakes entrepreneurs make when trying to bring in funding for their companies? (more…)
Like many people, you may have always dreamed of starting your own business. Being your own boss, making your own hours and realising your own vision are all common reasons people decide to start a business in the first place.
A lack of funds can hold you back from taking the plunge, but now more than ever, a variety of options exist to help fund your vision and turn it into a reality. (more…)
Finding a business loan used to be a pretty black and white affair. You’d call up your local bank and book an appointment, wait a few weeks (or months) and then sit down with the bank manager, explain why your business needed some money, and hope that you’d caught them after their morning coffee.
Since the birth of Alternative Finance, however, getting your hands on funding to grow your business has become a lot easier, but equally, a whole lot more complicated. This guide will explore the various different types of alternative finance out there, help you decide whether it’s a viable route for you, and how to prepare your business to raise finance. (more…)
There may come a point where you end up missing a repayment for a loan or credit card that you have taken out, perhaps as a result of an unexpected financial emergency, or maybe just simply not having kept a track of your finances that month.
One of your first thoughts will be how quickly you can rectify the situation and pay the lender back, but have you also considered that this late payment could affect your credit score negatively? All The Lenders takes a look at how this works, as well as what you can do to also minimise the impact. (more…)
Put simply, Rewards Crowdfunding is the practice of giving lower cost or exclusive items as rewards to early adopters in return for their backing, while Equity Crowdfunding involves selling shares in your business.
To help you understand more about the pros and cons of Rewards and Equity Crowdfunding, and the key points for success, we asked crowdfunding expert, John Auckland of TribeFirst to explain more. (more…)
There are a number of different myths surrounding credit scores, making it difficult to truly understand what it is you need to know and what you should be doing in order to boost yours.
In this guide we cover the most commonly spoken about myths, and debunk them one by one. (more…)
Look around at the world’s many unpredictable events and it could not be clearer that our political, and social, tectonics plates are shifting.
Fueled by the digital revolution of young technology adoptees who are now reaching adulthood, it is unsurprising that the connected generation is favouring the peer-to-peer model over outdated intermediaries. (more…)
One of the biggest obstacles to growth for start-up businesses is investment. Investors are often reluctant to commit their money to a new business with a promising idea but no track record of success.
Fortunately the Government lent a helping hand in 2012, and introduced the Seed Enterprise Investment Scheme (SEIS) to help smaller, riskier companies attract investors willing to take a punt on a bright idea becoming a successful business. (more…)
Cash flow is the lifeblood of any business, and managing it effectively can mean the difference between make or break.
When we refer to cash flow management, we’re talking about making sure there is enough cash available to cover all your outgoing expenses. If your outgoings are more than your sales and you run out of cash to pay staff or suppliers, your business will risk insolvency. (more…)
The goal of any equity crowdfunding campaign is to catch the attention of investors and convince them that your business is worth backing.
But how does the mind of an investor work? (more…)
The Enterprise Investment Scheme (EIS) is designed to help smaller, risky businesses raise funding to fuel growth.
Early-stage businesses can find it difficult to secure investment, so the EIS was set up to encourage more investors to back fledgling businesses by offering generous tax-breaks.
To help you see whether the EIS could help you raise funding for your business, we asked award-winning chartered tax adviser, Jonathan Amponsah CTA FCCA to explain how it works. (more…)
When it comes to start-up investment, the UK has some of the best tax relief schemes anywhere in the world.
The Enterprise Investment Scheme (EIS), along with its earlier-stage sibling the Seed Enterprise Investment Scheme (SEIS), offer protection of investments in UK start-ups. If the business fails, investors can claim up to 80% of the investment as tax relief against their income tax bill. (more…)