TEN STEPS TO SECURING INVESTMENT FOR YOUR BUSINESS



April 8th, 2021.


Whether you're looking for £50,000 or £500,000, there are certain criteria that an investor or lender will consider. Michael Weaver, chief executive at investor network Beer & Partners, has compiled the following guide to securing business funding.


Raising capital and getting investment into your business can sometimes be the key difference between success or failure. These ten steps can help you make sure you end up on the successful side of this crucial equation.

1. Decide level of business funding required

The level of funding required is largely dictated by what stage of evolution the business is at. Established companies with revenues, profits and an order book, and that are seeking working capital or replacement of bank debt will typically fall in the £500,000 to £2 million bracket. Broadly speaking, start-ups or early stage businesses seeking funding for final product development/take product to market will tend to require £200,000 to £500,000. In both cases, the amount must be sufficient to fund the delivery of the planned stage or end result....


For the full story at growthbusiness.co.uk CLICK HERE.
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