This blog deals with issues we encounter during normal mentoring and coaching activities. All the entries are real life experiences from people who have been there and done it with significant experience of the "sharp end". I also offer assistance with telecommunications issues, particularly telephone systems and voice mail.
Wednesday, 5 August 2009
Risk Share for Start Ups
Had a client a short time ago who presented me with a business plan requiring £200K+ start up capital. I suggested he went back to all his suppliers and asked them to risk share. Amazingly, all bar one agreed and that bought down the start up to circa £15K. If you don't ask......
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