According to a recent survey of over 2,000 people in the days leading up to and following the Brexit vote, food and drink seems to be the most in-demand startup sector right now. 18 per cent of those surveyed want to launch a food-related company, 16 per cent of those budding entrepreneurs want to start a retail company, and 7 per cent said a manufacturing business would be their startup sector of choice.
Whilst their enthusiasm is not dampened, over 50 per cent of those surveyed felt that finance would be their biggest barrier, with 25 per cent feeling that job security would be of major concern.
At Beavis Morgan, we specialise in working with entrepreneurial people across a wide range of sectors, helping them set up and run their own businesses and guiding them through each stage of the process, whilst navigating the challenges and advising them in making the right decisions both now and for the future.
We also understand that whether you’re a start up or a well-established business, cash is king and managing its flow is crucial to your immediate and long-term success. That’s why our independent finance brokerage, BM Structured Finance, is readily available to assist startups source the right funding for their individual needs. We provide impartial advice on all aspects of business finance and are able to source and restructure debt finance for businesses, enhancing cash flow liquidity and enabling maximum growth.
For more information about how we can help you and your startup business, contact Steve Govey, Partner within our Beavis Morgan Entrepreneur Support Team, or Simon Belton of BM Structured Finance.