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Webinar Summary (08/03/2018)

Webinar Summary B&F Service’s overview:

Business and Finance Services (B&F Services) offers a wide range of entrepreneurial services to corporate clients and small businesses since 2005. Over the last decade we have launched more than 3000 companies and have helped numerous entrepreneurs to establish and develop their businesses across Europe and in particular in UK. Our team of consultants is highly qualified at: Arranging Finance, Structuring Finance, Business planning, Business formation, Business Strategy, Accounting, Business workshops and Marketing.

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Common Mistakes Entrepreneurs Make When Seeking Venture Capital

New research released in 2018 revealed that the UK still remains as Europe’s leading country for global technology investors, with technology businesses in the UK seeing to raise 32.99bn worth of VC investment in 2017. This is found to have been double the figure raised in 2016.

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Date: Thursday, 08 March 2018

Time: 5:00pm

B&F Business Plans would like to invite you to join us for a live discussion about getting your tech start-up ready with a successful business plan.

In this 30 minute webinar Christie Osarenren, Head of Strategy at B&F Services and Lode Groosman, Co-Founder, Threedium will share their knowledge regarding business planning and the essential preparations for your tech start-up being investment ready.
Tech startups are blossoming in every corner of the globe and remarkably, a new startup is birthed in London every day, according to Tech City UK. A business plan is an essential road map for the success of any business endeavour, but few small businesses ever complete a plan for many reasons and some simply dismiss its purpose.

We’ll discuss the importance of a business plan, how to tailor it to investors with an appetite for technology, how to ensure your message is clear and how B&F Services works with clients to develop comprehensive business plans for tech founders to obtain their target investment.

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UK Business Overview

Recent reports compiled by the London School of Economics[1] and several industry insiders have shown us what the UK business SME sector current performance is. There are challenges reported however, Britain’s SMEs are proving more than ever to be a critical driver of the economy.

As some industries are fairly evenly spread around the country; others were seemingly concentrated in a number of locations; while in another scenario, activity is concentrated in only one location. Finance as a sector emerged in the second category. However, the creative sector and ICT fall into the third category. Given that these are considered high growth potential industries, the even spread of opportunity is still very much absent.

Larger firms, it seemed which tend to invest more and have higher productivity, were very sparsely spread: only 55% of local authorities have 10 or more large firms. Although more encouragingly, the growth of mid-sized firms is evenly spread across the nation. As a key to continued growth, it was striking to discover that yet only just over one in ten firms export and those that do export are most likely to be based in London, the South East or the East of England. The North East has the lowest share of exporters at fewer than 6%.

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