Often the most cash hungry business is one that’s in growth mode. Growth usually demands investment in assets, systems, staff, marketing initiatives – and working capital to fund increased debtors, work in progress and inventory. Without cash, even the most successful business will struggle to achieve growth and realise its potential.
So what are the options when it comes to funding the growth of your business? Should you offer a stake to an equity partner – or borrow funds from the bank or elsewhere? What are the true costs of those options? What might sway your decision one way or the other? What if you can’t find a suitable equity partner – and lenders don’t share your enthusiasm?
These are age old questions – and often you don’t know the right answer for certain until after the event. It’s easy to be wise in hindsight. The panel at this Business Owners Forum event will focus on the dilemmas and decisions to be made when considering how to fund the growth of your business.
This event will be held at the BNZ Partners facility Broadway, Newmarket at 5:30pm on Wednesday 17 September 2014 – and will run through to 7:30pm on the night. We have three quality panellists who will discuss this topic from their own point of view.
As always for Business Owners Forum events, this session will be free of charge and completely free of sales pitches from the supporters or the panellists. And there will be pizza, beer and wine to lubricate quality discussion.
Business Owners Forums are held monthly – alternating between Whangarei, Albany and Newmarket venues. This event will be more or less a repeat of the event held in Albany on 21 August.
If you’d like to attend this event, email Fraser Hurrell before this event fills up. And if you’d like to be included on the invite list for future events, just add your contact details in the box to the right.