Business Funding
"Ian was right on top of the case for us and helped enormously in getting some funding for a project."
Tom Bach
Owner Sensatech
When starting a new venture, capital is always required and usually a lot more than is initially estimated. Whether you are going into production or setting up a service you are going to need capital.
Reydoog Consultancy Services has years of experience in helping small companies or a charity to access funding. We have a structured approach:
- Estimate costs. We work with the company to estimate out how much will be needed. How much will marketing cost? Will you need to file a patent? Do you need tooling and are there minimum batches of parts that need to be ordered? Is any software needed? How much will the website cost to develop? Will you need office space etc.
"Ian has advised us as a start-up company, helping to develop our business plan and, in particular, the financial forecasts, paying great attention to detail. Without this assistance, we could not have sought investors to move our business forward. He has considerable experience and knowledge of the needs of small businesses. He is very patient and always willing to help."
Lynette Swift
Owner Conexall
- Develop a financial forecast. Using the data above we produce a detailed cash flow, P&L, and balance sheet forecast for the company. It will show how much finance is needed and when. We can also perform a sensitivity analysis and work out sales volumes required to break even.
- Identify funding sources. We will work with you to identify the most appropriate sources of funding for your business. Depending on the stage of your business grant, angel or bank funding may be most appropriate and some options will not be available. Corporate venturing (i.e. partnering with a large firm) is also a possibility. We keep abreast of opportunities and grants as they come up so that you do not miss an opportunity.
- Obtain Funding. Reydoog Consultancy Services is very well networked with business angels and bank managers, and has helped scores of companies to apply for government grants. We will help you to identify the most appropriate source of funding for your business, and then help you to approach the relevant funders. If required we can sit in the meetings with the funders to help fight your cause.
Reydoog Consultancy Services has helped clients to raise over £2 million in grant, angel and bank funding in the last three years and has helped countless companies to get their ventures off the ground. For more information please contact us.
We also act as an introducer for microFunding, a system set up to help inventors who want to commercialise their own ideas but who lack the finances and management team to take the project forward. The inventor submits their idea to the microFunding site and it is viewed by thousands of managers and investors - if a manager wants to take on your idea you agree terms and it is up to the Manager to push the project forwards and to raise the funds required. Click here for more information.
I also run UK Start Up Funding and Investor's Lair groups on LinkedIN. If you are looking for funding please feel free to join UK Start Up Funding. If you are a business angel or VC and interested in joining a group focussed to your issues then please download, complete and sign this form and email is to investorslair@reydoog.com