Welcome to our weekly Dragons Den blog where a member of Harper Macleod's entrepreneurial team will share their view of the latest episode, give some hints and tips and also explain how we could have helped … and hopefully have a bit of fun along the way. This week's blog is by Jo Nisbet, a Partner in our entrepreneurial team, who looks at why taking a proposed deal at face value is no way to measure if it's a good investment.
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Latest articles from Jo Nisbet
The Scottish EDGE finals are always fantastic however Lucky #EDGE13, the finals of which took place this week, was something extra special. A record £1.8 million was awarded, with the judges announcing that the calibre of businesses has never been better.
Our recent masterclass provided practical tips on how to carry out an equity crowdfunding campaign from professionals who have helped businesses succeed in the past - Harper Macleod, Crowdcube and Raising Partners. Find out more.
Crowdfunding is like everything else in life - the chance of doing it successfully increases if you are surrounded by the right people. So once you have decided to go for the raise the absolute first step for planning for success is to build your team - and this is who you'll need in it.
Every week the team at Harper Macleod talk to companies who have concluded they are going to raise money from the crowd yet the number who actually go on to launch a crowdfund is significantly less. Given the companies in question still have their primary goal of raising funds, why is there such a drop-off rate?