Stoke-On-Trent Business Angels
The City of Stoke-On-Trent is well known for the ceramic industry. It is better known by the locals as “the potteries”. The history of the production of pottery dates back to the 17 th century. The area was ideal because of the abundance of clay and coal. Also salt and lead were needed used for the glazing and there was plenty of this in the area. In 1769 Josiah Wedgwood built one of Britain's first large factories which became a famous name in the world of ceramics and is still in operation today but on a smaller scale. There are many museums around the city that go into details the whole history of the ceramics industry.Business is booming in Stoke-On Trent with many new businesses in the area. Starting a business can be a very daunting prospect and with expert help most businesses go bust with in the first few years. You may also need some financial assistance, which is where Business Angels might be the right move for you. Angels are often from an entrepreneurial background, and are willing to invest their own capital into a business to help it achieve its growth plans. Unlike banks and other forms of lending, the Angel will invest in your company in return for a percentage share, or equity stake. On top of this they will provide you with their own industry knowledge, expertise and contacts, in order to further help your growth in the market. With this hands on approach by the investor, it is important that a good relationship is developed between you and the Business Angel, as they look to secure a good return on their investment. Individually, Angels are normally willing to invest between £75,000 and £250,000, but if they operate as part of syndicate then this figure could easily be higher.
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