Register and download your copy of the “Valuing your small or early stage business: Art or science?”
There comes a point in the life of every business when you know you need more investment to maximise the business opportunity.
If your business is a start-up or small business you may not have the track record or assets to access traditional forms of lending. Alternative finance can be a welcome lifeline. You may also feel you want to bring additional expertise into the business. In which case, angel investment where the business angel brings expertise, skills and contacts as well as their cash can be a better option for raising investment.
Whatever form of investment you choose, you will need to issue shares (equity), which means you will need to value your business. But what is your business worth? How do you value a small or early-stage business?
This brief, practical guide will take you through:
- Why formal valuation models will only take you so far
- How to focus on tangible demonstrations of value
- Why valuation is a negotiation
- How to replace “finger in the air” estimates with modelled forecasts
- Why it pays to listen and learn
- How to chose your investors wisely
All of which will give you a better idea of the true value of your business.
Register and download your copy of the “Valuing your small or early stage business: Art or science?” now
Raising investment (be that crowdfunding or angel investment) is hard work. I liken it to running a marathon. Much of the hard work is actually done before the race day itself. So it is with crowdfunding. Before you put your crowdfunding pitch live, you need to do a lot of work behind the scenes to ensure success.
I was recently interviewed by “Let’s Talk Business” and shared with them my six strategies for crowdfunding success. You can listen to the interview (below) which is in two parts.
Part one: The first three strategies for crowdfunding success
- Tell a good story
- Demonstrate traction
- Surround yourself with good people
Part two: The remaining three stratagies – and one extra piece of advice
- Forecast the future
- Invest in your video
- Prime the pump
- You only have one chance to make a first impression – make it a good one by getting professional help
This week I was interviewed by the successful Let’s Talk Business radio programme on the subject of crowdfunding. We touched on some interesting topics:
- Which businesses are best suited to crowdfunding?
- Is it easy to raise money through crowdfunding?
- Different options for raising money at different stages of a company’s life
- Tips and practical advice for proving your business concpet and gaining traction before you go for funding.
You can hear the interview here: