Case History
Online Music Tuition
- Client issue
- Prototype stage. Owner no business experience. No funds.
- 2f solution
- Development of a full business strategy and financial plan to underpin debt/investment
- 2f strategy
-
- Raise £30k short term o/d facility to fund business plan and IPR protection
- Raise £100k debt to fund product development
- Introduce concept to market
- Identify investing non-executive Director to lead funding round
- Facilitate 1st equity and 2nd debt funding rounds
- Introduced lawyers and accountants to client
- Mentor client
- Project timescale – 15 months
- 2f benefit to client
- Creating a viable business with significant value leaving the client with a substantial majority of the equity
