How Do You Finance Your Business?
This chapter deals with finance and funding. The importance of cash flow is examined and illustrated through some surprising examples of how apparently successful and growing businesses can fail by running out of cash.
We then look at the different ways funds can be raised for your business including grant funding, loans or debt and in the selling of equity. All three are likely to be important and used at different times as your business develops. Crowd funding is examined as well as a detailed look at venture capital.
The chapter then progresses to look at the topic of due diligence in raising funds, how to value your company and also developing an exit strategy.