From video games developers to firms of architects, creative businesses of all kinds struggle to get adequate financing due to a misconception that they cannot be analysed systematically, claims a new report.
Keronite, the developer of new metal-coating process that hardens the surface of aluminium and magnesium alloys, has concluded a £10 million funding round backed by hi-tech VCT firm Quester (£1.3 million) and private investor network Hotbed (£2.7 million) among others.
Persuading investors to part with their cash requires guts, gall and a bit of good luck, but it's all too easy to misjudge your audience and fall flat. GrowthBusiness explains what not to do when trying to get funding.
Quite the most painful moment in business is the realisation that your company is running out of money. It hits you in the pit of your stomach, believe me, and the first reaction is often absolute panic. But don't despair. Here are some ideas that might work.
