Starting a business from an idea is never a linear
journey. In fact, it may not even have a
final destination. But for any business
it will need finance at all points of its journey. Some are started on credit cards, overdrafts
or help from friends or family.
The first three years is the critical phase. Many small enterprises fail in this early
stage. But once it is on a growth
trajectory, bank finance or other institutional support will be required. Here, it is good to look at “START”.
Step out – detach
yourself and ask the questions for a proper business plan.
Take a position –
assess the prospects and challenges at hand.
Analyse
opportunities – have a detailed look at prospects.
Reach for the
future – forecast; a vision is now cast
– how much new equity/ debt will be required.
Think about
finance – assess the financing options available and make clear business
proposition.
At MPCA, we have helped companies to “flesh-out” their
business plans, and they have then moved-on to funding their projects. This is the growth phase of their
journey. Invest in good advice and the
whole gamut of equity and debt finance becomes available to you.
For more information about START, please visit http://www.mpcap.com.my/ or contact info@mpcap.com.my.
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