Posted: 02 February 2024

WEEKLY REFLECTIONS: Small companies can raise capital but they need assistance by Accountants!
Business Advisory Services Update
BIRCHAL have reported that only “380 companies were successful in raising capital from Crowd Sourced Funding Equity Raising in 5 years.”
EQUITISE have reported that they “take on fewer than 5% of the hundreds of companies that reach out to them each year and 70.6% of those companies successfully raise capital.”
These figures show that approximately 10,000 companies “never got a Jersey” to participate in the Capital Raising Process.
Why?
We suspect those companies were not properly mentored and advised – A wasted opportunity!
There are 16 licensed Crowd Sourced Funding Intermediaries – plenty of opportunity for well-prepared clients/prospects to be able to raise capital.
Crowd Sourced Funding Equity Raising presents a tremendous opportunity for Accountants to embrace and DELIVER REAL ADVISORY SERVICES.
Claim a complimentary copy of our paper, Crowd Sourced Funding Equity Raising Overview HERE.