ADVICE ON STARTING A NEW COMPANY, GOOD BUSINESS IDEA, PRODUCT LAUNCH
Advice on starting a new company * good business idea * product launch * advice on starting a new company * backing a new business * business angels * becoming a successful entrepreneur * how to succeed in business * start up company * business success * business consultants * help * advice * mentoring
Go to the start of this section about how to
start a new company
When new start up companies fail, the reasons for failure can usually be traced back to day one. Either as a result of over confidence and believing they can do it all themselves or a lack of confidence, possibly believing they won't be taken seriously, new entrepreneurs do not seek the advice and help they need to drive their new company forward.
As mentioned throughout this section, new entrepreneurs need to focus solely on generating sales and either import or outsource the talents and skills needed to run the business. Outsourcing is cheaper than employing staff but can still place financial pressures on a new company.
Where there are financial restrictions but you have a good business idea for a new company, importing the skills and experience onto the board on a share equity basis may well be the best business decision you could make right now.
We provide outsourced business and accountancy consultancy services but we will also look at any new business or product idea on a share equity basis, if we believe the company has merits and we have confidence in the Principal. There are major benefits for any new entrepreneur who lacks the financial resources or business experience to take a serious look at importing experienced skilled business people onto the board of Directors from outset.
If you have a good idea for starting a new company but lack one or more of the following talk to us:
- Financial resources
- Business experience
- Business acumen
- Marketing skills
- Advertising ideas
- IT skills
- Corporate or legal knowledge
We make businesses more efficient, more productive and therefore more profitable. We do this by bringing skilled, intelligent business people to the boardroom table who are highly experienced in each of their own fields. We work on either a fee paying basis or in some cases, where the business is lacking the financial resources but has potential; on a share equity basis.
By having us as co directors on your board, you have the capacity to draw on a wide rang of business experience. We can provide all the marketing, financial, business, systems, advertising and website design and internet strategies that would normally cost hundreds of thousands of pounds in exchange for shares in the new company.
This frees up cash flow, provides the potential for far greater profits, gives you experienced partners who have a financial interest in the success of the business and no one takes any money out of the company before it can afford the dividends. In short, you start off on the right foot with a far greater chance of success. Furthermore, you are likely to end up with a company worth far more than you could have conceived from outset by going it alone.
Giving away share equity in a new company or product does not mean you are losing out. Typically, you should end up with far greater company worth than had you gone it alone. In addition, you have directors and partner companies who can provide all the resources your new company needs for years to come.
The alternative would be to approach the banks or business angels for financing but this would not necessarily deliver the skills, experience and services you need to get
your new company off the ground. There are major drawbacks to seeking
financial backing for a new company