Comments for Company Partners Blog http://www.companypartners.com/blog Bringing business partners together Thu, 26 Jan 2012 15:45:38 +0000 http://wordpress.org/?v=2.9.1 hourly 1 Comment on How long does it take to find a Business Angel? by Mario http://www.companypartners.com/blog/2010/02/04/how-long-does-it-take-to-find-a-business-angel/comment-page-1/#comment-3149 Mario Thu, 26 Jan 2012 15:45:38 +0000 http://www.companypartners.com/blog/?p=48#comment-3149 My opinion on this subject is simple, investors want to make money out of someone else's ideas and work, and we entrepreneurs want the business experiece and money to start our own projects so it is natural that investors want to see that you can actually make money before they give you money to grow, there are many scamms out there and many entrepreneurs that only try to build a business because they have lost their jobs, not because they saw a problem, saw a need on the market and created a solution to solve that problem. So my advice is this, create a good business plan and think about ways to sell your product even before it is completely done (it is called lean management- if you don't know this then you shouldn't even be in business). Then yeah go to investors, you will be in a much better position to negociate with them. My opinion on this subject is simple, investors want to make money out of someone else’s ideas and work, and we entrepreneurs want the business experiece and money to start our own projects so it is natural that investors want to see that you can actually make money before they give you money to grow, there are many scamms out there and many entrepreneurs that only try to build a business because they have lost their jobs, not because they saw a problem, saw a need on the market and created a solution to solve that problem.

So my advice is this, create a good business plan and think about ways to sell your product even before it is completely done (it is called lean management- if you don’t know this then you shouldn’t even be in business). Then yeah go to investors, you will be in a much better position to negociate with them.

]]> Comment on Spot checks by tax inspectors by A.R. http://www.companypartners.com/blog/2011/04/05/spot-checks-by-tax-inspectors/comment-page-1/#comment-3119 A.R. Thu, 12 Jan 2012 20:29:22 +0000 http://www.companypartners.com/blog/?p=502#comment-3119 Are accountants also authorised to do spot checks on their clients? like for example check books and if the cash in the cash till to check if it matches with the cash book??? or only tax inspectors have that authority? Isn't it going against people rights? Thanks for any advice. Are accountants also authorised to do spot checks on their clients? like for example check books and if the cash in the cash till to check if it matches with the cash book??? or only tax inspectors have that authority? Isn’t it going against people rights? Thanks for any advice.

]]> Comment on How to get Investors by Elena http://www.companypartners.com/blog/2011/09/22/how-to-get-investors/comment-page-1/#comment-3089 Elena Tue, 27 Dec 2011 11:04:17 +0000 http://www.companypartners.com/blog/?p=638#comment-3089 The Council is good. But ... I'm looking for funds to maximize work of artist's. He does not care who it is: an investor or sponsor, he does not think about profits, he wants to realize though, would be a small part of their art ideas. How do you explain the investor that the artist has great potential in creating new trends in art? How to show his ability to work quickly and efficiently? How do you explain there are many artists, but generators of idea - units? Filling in standard forms on the sites of Angels puts me in a dead end.... The Council is good. But …
I’m looking for funds to maximize work of artist’s. He does not care who it is: an investor or sponsor, he does not think about profits, he wants to realize though, would be a small part of their art ideas. How do you explain the investor that the artist has great potential in creating new trends in art?
How to show his ability to work quickly and efficiently?
How do you explain there are many artists, but generators of idea – units?
Filling in standard forms on the sites of Angels puts me in a dead end….

]]> Comment on Get more customers – provide a better service than your competitors by Hazel Edmunds http://www.companypartners.com/blog/2011/11/09/get-more-customers-%e2%80%93-provide-a-better-service-than-your-competitors/comment-page-1/#comment-3000 Hazel Edmunds Wed, 09 Nov 2011 15:52:55 +0000 http://www.companypartners.com/blog/?p=717#comment-3000 I am bombarded, as I am sure most people are, with requests to review my electricity and gas supplier and switch to a cheaper one. No way. I am with the Eon on the Age UK tariff which guarantees that you will speak to a human being. You may have to wait for the phone to be answered but there are NO menus to plough through and if the person who answers the phone can't help he or she rapidly puts me through to someone else - equally real. Worth paying a bit more for? I'll say it is.  I am bombarded, as I am sure most people are, with requests to review my electricity and gas supplier and switch to a cheaper one.
No way.
I am with the Eon on the Age UK tariff which guarantees that you will speak to a human being. You may have to wait for the phone to be answered but there are NO menus to plough through and if the person who answers the phone can’t help he or she rapidly puts me through to someone else – equally real.
Worth paying a bit more for? I’ll say it is. 

]]> Comment on Make IT compulsory – get more start-ups. by Adam http://www.companypartners.com/blog/2011/09/01/make-it-compulsory-get-more-start-ups/comment-page-1/#comment-2883 Adam Tue, 27 Sep 2011 10:08:38 +0000 http://www.companypartners.com/blog/?p=622#comment-2883 I think you make a very good point. It is a common argument from scholars and professionals that their particular subject requires more attention and time in schools. I have always taken a post structuralist approach that within reason, many subjects and skills can be taught within other subject areas. For example a philosophical  approach which would develop key analytical skills that are useful for business can be taught in a number of subjects. On the topic of the above post, business ideas can be taught in geography. However the one subject that does not fit this is computer programming,  and at a time when there is a brain drain from Europe and an identity crisis of what Britain's role on the global market place is, perhaps it is  the one subject that requires educational  investment.  I think you make a very good point. It is a common argument from scholars and professionals that their particular subject requires more attention and time in schools. I have always taken a post structuralist approach that within reason, many subjects and skills can be taught within other subject areas.
For example a philosophical  approach which would develop key analytical skills that are useful for business can be taught in a number of subjects. On the topic of the above post, business ideas can be taught in geography. However the one subject that does not fit this is computer programming,  and at a time when there is a brain drain from Europe and an identity crisis of what Britain’s role on the global market place is, perhaps it is  the one subject that requires educational  investment. 

]]> Comment on How to get Investors by anna http://www.companypartners.com/blog/2011/09/22/how-to-get-investors/comment-page-1/#comment-2877 anna Mon, 26 Sep 2011 09:13:46 +0000 http://www.companypartners.com/blog/?p=638#comment-2877 Looking for investors in the hardest thing i have encountered so far. Looking for investors in the hardest thing i have encountered so far.

]]> Comment on How to get Investors by John http://www.companypartners.com/blog/2011/09/22/how-to-get-investors/comment-page-1/#comment-2874 John Sun, 25 Sep 2011 10:55:38 +0000 http://www.companypartners.com/blog/?p=638#comment-2874 Forgot to mention, offered NED positions to more than 10 people on an equity base, none of them acceptep, just up-front cash! Forgot to mention, offered NED positions to more than 10 people on an equity base, none of them acceptep, just up-front cash!

]]> Comment on How to get Investors by John http://www.companypartners.com/blog/2011/09/22/how-to-get-investors/comment-page-1/#comment-2873 John Sun, 25 Sep 2011 10:52:28 +0000 http://www.companypartners.com/blog/?p=638#comment-2873 Just few examples of real world in the last 6 mths -went to a business angel presentation, two people interested, spent 2 mths working on development and then discovered they were banned from any UK company directorship -went to a business angel presentation, one person interested, still in discussions after 4 mths -contacted directly by a business angel, still in discussions after 4 mths Don't forget some people are out there just to get a good conversation starter, or to have something to do whit their time, or just waste others time. Really hard to understand why after more than 20hrs of discussion, of business plan, cash flow and strategy development, and after agreement in principle on the amount of investment and equity they are still thinking/delaying to make the final commitment. At least be a man of honour and speak up your mind! Just few examples of real world in the last 6 mths
-went to a business angel presentation, two people interested, spent 2 mths working on development and then discovered they were banned from any UK company directorship
-went to a business angel presentation, one person interested, still in discussions after 4 mths
-contacted directly by a business angel, still in discussions after 4 mths
Don’t forget some people are out there just to get a good conversation starter, or to have something to do whit their time, or just waste others time. Really hard to understand why after more than 20hrs of discussion, of business plan, cash flow and strategy development, and after agreement in principle on the amount of investment and equity they are still thinking/delaying to make the final commitment. At least be a man of honour and speak up your mind!

]]> Comment on How to get Investors by Neksummi http://www.companypartners.com/blog/2011/09/22/how-to-get-investors/comment-page-1/#comment-2862 Neksummi Fri, 23 Sep 2011 17:59:25 +0000 http://www.companypartners.com/blog/?p=638#comment-2862 I quite agree with Brett Davis. The time taken for a starter to get such angels if you ever got any seems like eternity. But as others have said, persistence is the answer. I quite agree with Brett Davis. The time taken for a starter to get such angels if you ever got any seems like eternity. But as others have said, persistence is the answer.

]]> Comment on How to get Investors by Chris Riggs http://www.companypartners.com/blog/2011/09/22/how-to-get-investors/comment-page-1/#comment-2855 Chris Riggs Fri, 23 Sep 2011 13:58:23 +0000 http://www.companypartners.com/blog/?p=638#comment-2855 All good advice! The big problem in the UK is when you have a invention to open up a large market (energy bill reduction and carbon emission reduction) investors seem not to get the Win Win that being offered. All good advice! The big problem in the UK is when you have a invention to open up a large market (energy bill reduction and carbon emission reduction) investors seem not to get the Win Win that being offered.

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