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Investment
 
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Investment
Business Venture
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1 to 17 of 17 messages
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Neil Irving
29/09/03 13:39
 Rookie 287 forum posts
Not sure if this is an acceptable subject but here goes.

To cut a long and sordid story very short, it looks like I'm going to lose my job for refusing to do something unethical.

I've been quietly putting together an outdoors-related business idea of my own for some time now, but it's going to need some investment.

No. I'm NOT asking members to invest.

But can anyone suggest ways forward, possible sources of funding etc? My local Business Link have been worse than useless. (I don't want to set up an IT business so they don't want to know.)
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Lewis Thomas
29/09/03 15:48
 Rookie 220 forum posts 2 reviews
Sorry Neil I have no experience with this sort of thing but it sounds like you deserve good fortune for acting on your principles, not many people do.
Good luck
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Alison Stockwell
29/09/03 16:21
 Rookie 2145 forum posts
Well, if it was me I'd start by putting up a website......

.....but I guess that's not what you wanted to hear. Sorry :(
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Neil Irving
29/09/03 16:48
 Rookie 287 forum posts
Actually the website's in development.

And thank you both.

Re: doing the right thing, I can't claim any sort of excessive virtue, but there are some things you can't give ground on and this was one of them.
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Ninja Marmot
29/09/03 16:54
 Rookie 33592 forum posts 71 photos 3 articles 18 reviews
Well done Neil.

Business Link are usually quite good. You must have met a bad lot.

You need to investigate 'Venture Capitalists' and 'Business Angels'.
The VCs come in many sized and flavours; unless you have a large venture like perhaps an MBO then avoid large companies like 3i and stick to smaller ones. Some prefer various market sectors over others. An internet search may help here. They will need to see at least a comprehensive business plan and short-, medium- and long-term projections taking into account various degrees of start-up success.

Not sure what else you need to know at this point.
HTH
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Neil Irving
29/09/03 17:04
 Rookie 287 forum posts
Jeannie please swap "Reverend" for something grander. I like the sound of Business Angels, 'cos I'm definitely (for the next few days anyway) working for the other side.
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Ninja Marmot
29/09/03 17:20
 Rookie 33592 forum posts 71 photos 3 articles 18 reviews
Like this, you mean?

(not sure it suits me)
;o)
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Neil Irving
29/09/03 17:24
 Rookie 287 forum posts
Oh no, it looks lovely on you. You could try "most" instead of "very". That'd look nice.
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Dave John
29/09/03 18:44
 Rookie 213 forum posts 1 review
Right Reverend's good and alliterates too.
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Ninja Marmot
29/09/03 19:01
 Rookie 33592 forum posts 71 photos 3 articles 18 reviews
How about being 'The Right Reverend DJ' then, Dave? Heaven knows I'm not terribly Godly...
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F H Cave
29/09/03 22:31
 Rookie 46 forum posts
If you're cleanly, as I understand these things, you're near to godly.
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Ninja Marmot
29/09/03 22:58
 Rookie 33592 forum posts 71 photos 3 articles 18 reviews
Yeah but you obviously haven't been backpacking with me then!!
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Neil Irving
30/09/03 10:03
 Rookie 287 forum posts
I thought Godly was a small village in Cheshire.
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Alan Purvis
30/09/03 10:04
 Rookie 105 forum posts 1 review
Neil

Depending upon your age, try the local Princes Trust. They offer loans at ridiculously low interest rates as well as start up grants for people who have generally been refused business grants/loans elsewhere. You'll also be given a business mentor free of charge who you can use to assist with the problems experienced by business startups.

Generally once you've got a grant/loan like this, VC's and banks will be more interested in talking to you and offer more cash!
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Neil Irving
30/09/03 11:53
 Rookie 287 forum posts
Thanks Alan, alas I'm too old. (B*st*rds, I think the grey hair makes me look manly and distinguished.)
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Bob Geldart
30/09/03 15:23
 Rookie 43 forum posts 4 reviews
Is your business based on retail or instruction?
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Neil Irving
30/09/03 15:37
 Rookie 287 forum posts
Neither! Ha Ha! fooled you all!! Sorry Bob. Having a stressful day. It's based round walking holidays.
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