Securing the correct funding, if not approached correctly, can put the brakes on growth. There are many options for finance, the trick is getting the deal that will allow you to retain sufficient control, and not saddle you with inappropriate levels of debt. This event explored the various ways of doing this.
Here are some key tips/comments taken from delegates who attended this event:
"Don't have all your bank/lease/factor funding from one source - spread the risk and knowledge of your exposure across multiple sources"
"Think big - if you know you need funds don't scale back your plans - funders like (realistic) ambition"
"Don't always take what (expensive) professional advisors say to you as the only option you should consider"
"Always ask for more than you think you need"
"Get all issues agreed and in writing,before going through with the funding package"
"Always ensure that the funders have extra funds available just in case"
"Great to hear about the risky nature of keeping a high growth rate company growing without going out of business"
"Gave me a better understanding of my options and also some excellent new ideas"
"Never give up"
Marcliffe Hotel - 7 February 2012
Focus Dinner
Speaker: Bob Drummond, Hydrasun, www.hydrasun.com Roy McGregor, Global Energy Group, www.gegroup.com
Scotch Malt Whisky Society, Edinburgh - 9 February 2012
Supper Club
Speaker: Gordon White, fatBuzz Limited, www.fatBuzz.co.uk
Hotel Du Vin at One Devonshire Gardens - 16 February 2012
Focus Dinner
Speaker: Andrew Cope, Zenith Provecta, www.zenithprovecta.co.uk Richard Ferguson, Aitken & Niven, www.aitken-niven.co.uk
Scotch Malt Whisky Society, Edinburgh - 21 February 2012
Supper Club
Speaker: Peter Grant, Grant Assessment Managment, www.grantmanagement.co.uk
Registered in Scotland. Company registration number SC160976.
Registered office: Barncluith Business Centre, Townhead Street, Hamilton, ML3 7DP. Developed by Mercurytide