Erik | Finance Advisory

Finance advisory for SMEs & Start-ups | Raised over £150M in equity & debt | Connoisseur of financial models

[Erik | Finance Advisory @eladvisory]

What do I actually do?

I help SMEs and Start-ups make better decisions, give clarity on numbers and help the founder sleep well at night knowing the finances are taken care off

[Erik | Finance Advisory @eladvisory]

@BranfordEquity @alexfmac How are you positioning yourself for this?

[Erik | Finance Advisory @eladvisory]

@JoeydeWit_ Was actually invite only from one of the biggest food wholesalers in the UK. And one of the guys going nuts is worth quite a lot

[Erik | Finance Advisory @eladvisory]

Can't make this up

Client of mine went to a trade event yesterday and this was his description.

"XYZ event yesterday was quite bizarre! Nigel [] the keynote speaker told a story about being carried around the London Underground with a broken leg and head injury by “old pregnant” ladies. 

Paul [] ended the day with a talk on personal development, saying we're not having enough sex and started to cry. He showed us pictures of the buzzards that follow him around and guide his important life decisions."

[Erik | Finance Advisory @eladvisory]

@BranfordEquity Working man and people starting businesses are the heroes of our time

[Erik | Finance Advisory @eladvisory]

@BranfordEquity @DIYBlimpPilot Bringing out the big words

[Erik | Finance Advisory @eladvisory]

@AngelInvestGuy Got enough actual stress in my life, don't need some artificial one on top for marketing purposes

[Erik | Finance Advisory @eladvisory]

Had a slight panic when I came back from some travels.

Saw a brown envelope had arrived for me. I feared the worst. If you run a business in the UK you know

Turns out it's just Funding Circle running some cheeky marketing

[Erik | Finance Advisory @eladvisory]

@cristian_no1 myself

[Erik | Finance Advisory @eladvisory]

@burrytracker And sure inflation wasn’t double digits for the last couple of years

[Erik | Finance Advisory @eladvisory]

@TomasMann1878 Newington Green is the place to be. Multiple fantastic places there

[Erik | Finance Advisory @eladvisory]

Couldn't agree more

I know way to many businesses who got caught out with just having one bank account (none that are advised by me ofc)

[BowTiedBrazil @bowtiedbrazil]

Even biz with small turnover need at minimum 2 biz bank accounts + 2 payment processors.

Minimum.

[Erik | Finance Advisory @eladvisory]

Won at life

[BowTiedCrow @BowTiedCrow]

Not to brag but I’ve completely forgotten what the Teams notification sounds like. Cant even conjure it up in my mind. I’m free of one the most psychologically damaging noises modern man is forced to endure.

[Erik | Finance Advisory @eladvisory]

@daniel_sawko SEIS cap is too low, would be good to be higher especially given how round sizes have moved

[Erik | Finance Advisory @eladvisory]

@MilanBilimoria @RoundRaise At £70 a month you're not that far away from £1.5k a year

But good reframe to make it seem much cheaper

[Erik | Finance Advisory @eladvisory]

@cristian_no1 happy to chat, can relay lessons learned from a few different founders

[Erik | Finance Advisory @eladvisory]

Been reading too much Bukowski

His lifestyle sounds very appealing right now which is not good

[Erik | Finance Advisory @eladvisory]

@Tristanrhee3 yes

[Erik | Finance Advisory @eladvisory]

@coryalthoff bad product

[Erik | Finance Advisory @eladvisory]

@ZenModeJon well done mate

[Erik | Finance Advisory @eladvisory]

@hasanaccountant Also smarter than issuing new shares as you can draw it again tax free