The funding is now in place to develop the business over the short to medium term. Demand is increasing rapidly as new opportunities are investigated and the business is constantly reassessing growth constraints.
The value of the business is rising and leveraging this unlocked value and raising additional finance is key to pushing on to the next stage.
You now have to deal with greater complexities from all angles as you grapple with the demands of managing staff and investors and building relationships with repeat customers.
The skill sets required at the entrepreneurial stage differ from that of a growing business and key management positions will need to be filled.
The tax, legal and accounting obligations begin to grow as you start to expand beyond the confines of Ireland.
Value Question: As the company grows, trade buyers may seek to acquire the business. A decision may need to be made if the company can increase value further or if constraints suggests now is the time to extract value. Key to this will be the relevant value of your IP and management team.
Contact a member of the Deloitte TMT team or select a stage below for further information.