Some good news for SME’s today!

Whilst the banking community tighten their belts, it is clear that the business angel work is very much alive and active.

There is much doom and gloom in the newspapers at present and predictions are all offering tough times ahead for business community. And the ones that always seem to get hit first are the small businesses! Whether it’s a lifestyle business or a company employing 100 staff, the squeeze is on from the banks and that can lead to cashflow problems.

However there are some positives out there for those who seek them.

Specialist business angel networks that operate in the turnaround sector of the market are commenting that actually that there is more and more activity and money is available for the right businesses. Not all business angels operate like those on Dragon’s Den! Most are looking to add value to a business as well as invest their own money. Most are not looking to take control, they are backing the management team.

If the business has the potential to make profits in the future, the wise business owner will search for the active turnaround business angel networks and see what’s on offer.