Can small businesses avoid the need for fundraising rounds?

In an article in The Sunday Times (19th June), it is suggested that startup businesses do not always need external capital and that careful use of existing funds and building a solid, scalable business is possible. At Beavis Morgan we would not disagree, but we would add that it may not be that clear cut for all business situations.

Funding is frequently required to help both startup and existing businesses to grow in today’s environment. The main clearing banks are not always willing to lend and new equity is not always an option. Our startup business specialists at Beavis Morgan can help by establishing budgetary controls for your business which can be monitored on an ongoing basis. We can also assist with alternative funding solutions.

If you would like to find out more, please contact please contact Steve Govey.