Month: May 2018
The Enterprise Investment Scheme (EIS) and its little sister the Seed Enterprise Investment Scheme (SEIS) are Government-backed tax-relief schemes designed to encourage investment into small and medium-sized companies. Despite the title of the blog, EIS and SEIS are fabulous schemes and have done a great deal to back British businesses. When the banks stopped lending after the financial crisis of 2008, there was widespread concern about how entrepreneurs would fund their businesses. EIS and SEIS, through crowdfunding platforms, provided part of the answer.
So you want to sell a marketing agency? I was originally going to call this blog “Where have all the buyers gone” because, for a certain size and type of agency, selling the business is nigh on impossible right now.
Agency business plans. You either love them or hate them. I hate them. Why? Because they serve no practical purpose in helping an agency’s management do what they are paid to do, ie, manage the business.