View What is the end goal of a business plan?

What is the end goal of a business plan?

How can you formulate an idea, create a business and then run it if you haven’t got any specific plans to work from? Creating a business plan is no easy task. It can be made simpler and more effective by working through it with an advisor. Ultimately getting your thoughts down on paper will prove…

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View From an idea to maturity – the 5 stages of business growth

From an idea to maturity – the 5 stages of business growth

Whether you’re attempting to increase market share, improve profitability or build your team, every company is trying to grow. Unfortunately, business owners will inevitably encounter challenges and experiences that will trigger pain points and create potential barriers during the business’ growth process. In this article, EFM Growth walks you through the five stages of business…

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View How to utilise a Business Advisor for your Start-up

How to utilise a Business Advisor for your Start-up

Business advisors can be a valuable asset for an entrepreneur, particularly for a first time start-up a company. A business advisor is different from a co-founder or investor. They aren’t looking for a piece of your business and are usually interested in a mentoring-style position where they can provide you with advice and perhaps take…

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View Understanding the difference between Growth and Scaling Up

Understanding the difference between Growth and Scaling Up

Many business owners would consider their business a success if they managed to achieve a consistent level of growth. But for entrepreneurs with their sights set on taking their business to the next level, it almost certainly requires they be able to achieve scale. Knowing the difference between growth and scaling up is the key…

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View What type of businesses should seek VC funding?

What type of businesses should seek VC funding?

Venture Capital (“VC”) can be a great source of growth finance for businesses, but getting venture capitalists to invest in a company or startup can also be one of the biggest challenges that an entrepreneur can face. But just what is Venture Capital funding? Venture Capital is a form of private equity investment, where a…

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