Equity rather than debt holds the key to financing the future of the UK’s small business sector, according to the Association of Chartered Certified Accountants (ACCA).
The association’s small and medium-sized enterprises (SMEs) committee claims that economic recovery could be the shining moment for wealthy individuals who put money into early-stage ventures.
Quoting WinWeb CEO Stefan Töpfer, “I only invest in people who want a long-term future for themselves and their businesses,” he said. “I want to work with people who are keen about their business idea.”
Read more @ FT.com
Tags:
