Your company may need fresh capital to take it to the next stage. But are you and your management team ready for the new investors? Two former members of the Dragons’ Den – Doug Richard and James Caan – and entrepreneur-investor Christiane Wuillamie, on the challenges for a management team that the arrival of an external investor can bring. And can, and should, an investor also be a mentor?
If you want to learn more about obtaining external equity investment for your company, then there are many sources of advice and further information. The British Bankers Association has a useful reference tool. Accountants are frequently the first source of advice for many businesses; the ICAEW publishes a guide on how to find and use them. Learn more about business angels from the UK Business Angels Association and about private equity from the BVCA. The London Stock Exchange publishes a detailed guide to a stock market listing.