How your accountant can aid the Investor Ready Process for SME’s, Ian McDougall, McDougall Johnstone
1. Hillington Park Innovation Centre Securing Funding and Angel Investment Opportunities 11 September 2014 www.mcdougalljohnstone.co.uk ian@mcdougalljohnstone.co.uk
2. 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.
3. 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.
4. The Financials
1.Cashflow, Cashflow, Cashflow 5 years Monthly Peaks and Troughs
2.Challenge 3. The funding requirement Stretch Leverage Defer BSB
5. 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.