PracticeConsultingStoys backs business advice site

Stoys backs business advice site

A website that provides a single source of financial advice to entrepreneurs of start-up and established businesses has been launched by BDO Stoy Hayward.

Stoys’ Guildford and Basingstoke firm has teamed up with lawyers Clyde & Co and Thames Valley sales finance company Euro Sales Finance to launch ecapitalstart.com.

Visitors to the secure website are guided through a detailed business plan process by an on-line questionnaire. A free review of initial submissions is promised within three working days.

After that ecapitalstart.com agrees an appropriate course of action and applicable fees with those wishing to proceed, including the possibility of those fees being taken in the form of equity.

Confidential business information entered on the website is password-protected and visitors can return to work on their plan as often as they need.

Jack Clipsham, head of corporate finance at BDO Stoy Hayward in Guildford and Basingstoke, said: ‘The questionnaire is designed to help individuals and companies hone their plans by challenging their assumptions and ensuring they give all the information that a funder will need. ‘Completed plans will be persuasive examples of best practice, benefiting from the input of all three of our disciplines. Whether or not visitors to the site go further, they will have gained a valuable tool and important insights into their businesses.’Clyde & Co BDO Stoy Hayward Euro Sales Finance

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