How your accountant can aid the Investor Ready Process for SME’s, Ian McDougall, McDougall...
7
Hillington Park Innovation Centre Securing Funding and Angel Investment Opportunities 11 September 2014 www.mcdougalljohnstone.co.uk [email protected]
-
Upload
albainnovationcentre -
Category
Business
-
view
46 -
download
4
description
An overview of the investor ready process for SMEs and how your accountant can help.
Transcript of How your accountant can aid the Investor Ready Process for SME’s, Ian McDougall, McDougall...
Hillington Park Innovation Centre
Securing Funding and Angel Investment
Opportunities
11 September 2014
www.mcdougalljohnstone.co.uk
The Support Network
1. Accountants
2. Lawyers
3. Scottish Enterprise
4. Innovation Centres Scotland
5. Mentors and Non Execs
6. Universities and Colleges
7. Industry Partners.
First Steps
1. What is the opportunity, how does it work?
2. The Revenue model, can it be improved?
3. The Team, size isn’t everything.
4. The competition, be realistic – The Craig Levein Factor.
The Financials
1. Cashflow, Cashflow, Cashflow
5 years
Monthly
Peaks and Troughs
2. Challenge
3. The funding requirement
Stretch
Leverage
Defer
BSB
The Funding Requirement
1. How much and when – Tranche
2. Equity is Gold – Leverage
3. Sources of Funding
The 3 F’s
Directors/Management
Grant Funding
Banks
Business Angels
Syndicates
Venture Capital
Corporate Venturing.
Ongoing Support
1. Funding is only the start
2. Spend and Control
3. Manage Cashflow
4. Opportunities.
www.mcdougalljohnstone.co.uk
234 West George Street
Glasgow G2 4QY
T: 0141 226 1660
F: 0141 226 1661
