Business accelerator programmes have become increasingly popular over the last decade. Governments are looking to support new businesses and private companies, often involving angel or VC investors, in the hope of finding early-stage opportunities they can help grow, and subsequently invest in when the time is right. (more…)
Raising investment is no walk in the park, especially in the current climate, but thorough preparation will make capturing the attention of investors and ultimately convincing them that your investment opportunity is right for their portfolio much easier. (more…)
Financial crises are not like your average recession or corporate fraud. They involve firms and people overborrowing, usually to speculate on shares or real estate. They turn legitimate economic booms into gluttonies of lazy assumptions, hucksterism, and recklessness. Because they’re based on debt, the loss of confidence in one specific area of trouble quickly reverberates. Presto, credit dries up for everybody. (more…)
When it comes to buying or selling a business, the most important question you need to ask is – how much is it worth?
There is no single formula that can be used to precisely value every private business. The seller will want to drive the price up, and potential buyers will want the opposite. (more…)
Financial mis-selling is surprisingly common. From mis-sold taxpayer-backed loans to problems with interest rate swaps, new cases appear in the public eye on an unsettlingly regular basis. (more…)
It won’t be news to any startup that the investment industry has taken a hit during the pandemic. Every new deal is being viewed with caution and the brakes are being put on by VCs, and angels alike, while so much uncertainty pervades the markets. (more…)
The economic impact of coronavirus is still unknown but is likely to be enormous. In this unprecedented time, there are many uncertainties regarding how businesses can remain viable.
Ercan Demiralay, Partner at Wellers, one of the UK’s leading accountancy firms, discusses the measures SMEs can take to alleviate the strain of coronavirus without relying on government support. (more…)
Figures released by the banking lobby group, UK Finance, showed that only one in five UK businesses who have formally applied for government-backed loans have been granted emergency funding during the COVID-19 lockdown. But is taking out a loan under the Coronavirus Business Interruption Loan Scheme the best option? (more…)
The UK Government has announced an array of support schemes to help businesses struggling to operate during the coronavirus outbreak.
Peer-to-peer lending offers an innovative way to invest and earn a return on your money, which is often far greater than using a typical savings account or ISA from your high street bank. (more…)
It’s a challenging time for small businesses right now; 2020 has certainly not got off to a promising start.
If you are the director of a company, you are likely quite concerned about the year ahead. To help you tackle potential issues, here is some general advice from Hudson Weir Insolvency Practitioners for business survival in 2020. (more…)
You’ve big ideas for your business. You’ve identified how much cash you need to bring the next stages of your vision to life and projected a healthy return on investment.
So, it can be somewhat deflating when you apply for a business loan and despite a strong business plan, your bank declines your application. Particularly if it’s because of past credit issues. (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…)
Many people dream of turning property development into a viable business or second income. House prices have increased by 33.7% on average in Britain over the past decade and forecasters are predicting a 15.3% rise in the next five years, s there is definitely money to be made for those who get it right. (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…)
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…)
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…)