Day: May 1, 2020

How to attract investment to your startup

The number one problem new businesses have is a lack of funding. Limited cash flow is a difficult hurdle to overcome.

Great ideas are a dime a dozen, but the capital to make them happen is harder to come by.

Whether you want to attract the attention of angel investors like Andrew Dixon, Saul Klein and Tim Chang, or perhaps catch the eye of startup incubators, this article will show you the necessary steps to achieve your goal. If you follow this advice, then the growth of your business won’t be bottlenecked by its funding any longer.

Bright ideas

Once you have an idea for a business, it’s easy to become enamoured with it. But you should always consider whether it will make money. Nine out of ten startups fail. This is why most entrepreneurs need a reality check. You can’t get too emotionally involved. Instead, be

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Firms receiving coronavirus help told to cut executive pay

Companies that have received government support to help them through the coronavirus crisis should cut executive pay and consider clawing back bonuses from bosses, according to a group representing the biggest British investors.

Executives at listed businesses where pay awards remain high after receiving taxpayer-funded assistance risk “significant reputational ramifications”, say new remuneration guidelines from the Investment Association (IA).

Those companies that have suspended their dividends, a move that directly impacts fund managers’ returns, should also consider clawing back bonuses already paid out or cut 2020 bonuses, the IA said. Its members, which include BlackRock, Legal & General Investment Management and Vanguard, as well as pension funds for major companies, manage more than £7tn in assets, giving them weight in any vote against pay awards.

There are no limits on executive pay attached to the government’s various emergency support schemes, but investors are concerned large payments could prove controversial at

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Monadelphous facing 10% revenue hit

Engineering contractor Monadelphous has disclosed multiple problems across its operations, with supply chain issues causing delays on large projects, and contract disputes and low profits forcing a restructure of its water infrastructure business.… Read More

Porter joins Iraq Oil Report as senior correspondent

Lizzie Porter

Iraq Oil Report has hired award-winning Beirut-based news and features journalist Lizzie Porter as its new senior correspondent covering energy, politics and security.

In her new role, Porter will be based between Baghdad and Erbil.

Currently, Porter is working as a freelance journalist and also as the Beirut correspondent at Monocle Magazine. Previously, she was the content editor, travel desk at Telegraph Media Group. There, she wrote news and features for print, online and mobile platforms.

Porter has also interned at The Daily Telegraph, Brunswick Group, News U.K., News International and Trinity Mirror.

In addition, she has served as editor at The Oxford Student newspaper and as a news reporter at The Cambridge News.

Porter is a B.A. in French from University of Oxford and a master’s degree holder in Middle East studies from American University of Beirut.

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