In this episode, Jeannette talks about raising finance to fund growth. How to do so with confidence, so that you quickly source the funds you need at the best rates.
She starts by looking at the different reasons businesses need finance. Understanding what you want to achieve plays a big role in how you approach the task of doing so. As does whether you want to borrow for the short or long term. How to weigh all of this up and make the right decision is explained, in this episode.
KEY TAKEAWAYS
Even small business may need to borrow. For example, to cover start-up costs.
At some stage, you may need finance to help you with your running costs.
Most businesses need extra funds during growth stages.
Start with the end in mind. Be crystal clear about what you want to achieve, how you will do it and the costs.
Avoid raising too much and wasting money on debt you don´t actually need.
Be clear whether you need short or long-term financing.
Investors can contribute more than cash to your business. But you have to be extra careful when choosing one.
Always know your numbers.
BEST MOMENTS
‘To expand your product, your offering geographically often requires finance. ´
‘Start with the end in mind, be clear about what you want the money for.’
‘Ask yourself, what is it you´re looking for from an investor, over and above just the money.’
This is the perfect time to get focused on what YOU want to really achieve in your business, career, and life. It’s never too late to be BRAVE and BOLD and unlock your inner BRILLIANCE. If you’d like to join Jeannette’s FREE Business Impact Seminar just DM Jeannette on info@jeannettelinfootassociates.com or sign up via Jeannette’s linktree https://linktr.ee/JLinfoot
VALUABLE RESOURCES
Brave, Bold, Brilliant podcast series - https://podcasts.apple.com/gb/podcast/brave-bold-brilliant-podcast/id1524278970
ABOUT THE HOST
Jeannette Linfoot is a highly regarded senior executive, property investor, board advisor, and business mentor with over 25 years of global professional business experience across the travel, leisure, hospitality, and property sectors. Having bought, ran, and sold businesses all over the world, Jeannette now has a portfolio of her own businesses and also advises and mentors other business leaders to drive forward their strategies as well as their own personal development.
Jeannette is a down-to-earth leader, a passionate champion for diversity & inclusion, and a huge advocate of nurturing talent so every person can unleash their full potential and live their dreams.
CONTACT THE HOST
Jeannette’s linktree
https://www.jeannettelinfootassociates.com/
YOUTUBE
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Email - info@jeannettelinfootassociates.com
Podcast Description
Jeannette Linfoot talks to incredible people about their experiences of being Brave, Bold & Brilliant, which have allowed them to unleash their full potential in business, their careers, and life in general. From the boardroom tables of ‘big’ international business to the dining room tables of entrepreneurial start-ups, how to overcome challenges, embrace opportunities and take risks, whilst staying ‘true’ to yourself is the order of the day.
Travel, Bold, Brilliant, business, growth, scale, marketing, investment, investing, entrepreneurship, coach, consultant, mindset, six figures, seven figures, travel, industry, ROI, B2B, inspirational: https://linktr.ee/JLinfoot
