In today’s tough economic conditions finding ways to grow your business can be difficult. In the past one of the only ways to obtain the resources required to build your business was through your bank. Generally this involved providing a mortgage over your home and other forms of personal security. Rather than focus on building your business the centre of attention turned to protecting your largest asset.
Looking to raise capital using alternatives was expensive and time consuming, and generally meant giving up a large proportion of the equity that you had worked so hard to build. In the past small to medium enterprises (SME) looking to grow their business via venture capital markets may have been faced with giving up more equity than they felt comfortable with or burdened with steep disclosure, compliance, legal, and accounting, registration and marketing costs.
With Nexttrack and the Australian Small Scale Offerings Board there is a better way.
For more information on the Australian Small Scale Offerings Board click here
Nexttrack is a business advisory service offering growth solutions through capital funding and marketing. The company has extensive experience in the management of small to medium enterprises, start-ups, expansion and high growth businesses. Specialities include FMCG, business to business, services, technology, creative and digital media markets, as well capital funding, online marketing and social media.
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