Raising Equity Finance for Start-up and Growing Businesses: An Instant Guide by Guy Rigby
Author:Guy Rigby [Rigby, Guy]
Language: eng
Format: mobi
ISBN: 9780857191809
Publisher: Harriman House Publishing
Published: 2011-11-17T05:00:00+00:00
Remember that external equity can be expensive. The more you need, the more you will have to give away. So be realistic, cut your cloth and take in as little external funding as possible.
Exit
It’s very easy for an investor to put money into your business. But how will he get it back? A vague idea that you would like to buy his shares back at some future date is unlikely to be attractive. Taking in external equity means that you often need to ‘begin at the end’ in terms of thinking about exit, having a clear strategy and plan.
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