Cannabis Production Facility

  

Evotrux - B2B Freight Marketplace - $1M Seed Round

  

Multimodal Logistics and Transport solutions for the first and last mile and every mile in between

  

Designated Driver App

  

Seed Round for Alchohol Delivery App

  

T3 ENDEAVOR CANADA (British Columbia)

  

Blockchain enabled accounting platform

  

LP Opportunity - Phase 1 Resort Development - 67.5% ROI, Monthly Dist.

  

$500,000 - $20,000,000

  

Bridge the Indigenous Digital Divide with Sequorum's 1 Gbps Internet. 10% annual dividends. 605% ROI

  

Funding for real estate

  

Bison, the perfect alternative

  

Big Calm Tiny Homesteads

  

Camper Van Conversion with ACP & Marine Plastic Interior/ Soap friendly recirculating shower

  

Equity Investment Opportunity in Electronic Health Record and Telehealth Platform

  

15% ROI bi-annually return on $500K – Silent Investor – Expanding International Wireless Business –

  

DreamPlay - A live streaming platform for gamers. See deck, video, and website

  

Business Partner Wanted

  

UtopiaVR - Investment Opportunity

  

Ontario Pet and Equine Cremation services

  

Hemp-infused, Alcohol-Free Sparkling Cocktails

  

CO2 recycling service

  

Written guarantee 100% ROI within 12 months on Done-For-You Ecommerce store

  

Hart & Caron Property Management Researching partnership

  

The most unexpected way to avoid being caught cheating.

  

Clear Choice Building Maintaince

  

Social Media App Growth Funding

  

Innovative Existing Product

  

Need money for my invention

  

Share Sale

  

LoveBud Essentials Online Store

  

Invest in Lindsay, Ontario Development Project

  

Purple Puffers

  

Newly Acquired business looking for short term operating loan. Up to 18% APR.

  

Medical-Clinic Rollup Equity Investment - Plans to exit via IPO or Strategic Buyer by 2027

  

Investors sought for Private Equity roll up strategies

  

Vegan Sustainable Milk

  

E-Commerce Growth

  

Growth equity

  

Brick & Mortar bathroom store. Over 15 years of sales experience and knowledge in the bath industry.

  

 

Canadian Investment Network


Recent Blogs


Pitching Help Desk


Testimonials

"Thank you very much for the extra input with my Restaurant/Nightclub proposal. I already have a couple investors who are requesting more info, and that's less than 24hrs after submitting the proposal to you. I am very pleased."
Rodrick Agcaoili

 BLOG >> Recent

People, processes, and controls [Growth
Posted on March 5, 2013 @ 08:14:00 AM by Paul Meagher

When an investor does due diligence on your company it is important that you have a good idea, that there is a market for your product or service, that there are no undisclosed financial or personal liabilities that could derail your company, and that you appear to be a person of high integrity with a good knowledge of the industry. The due diligence process does not happen overnight because it takes awhile to assess these factors which involves considerable communication, exchange of documents, and attempts to hammer out a term sheet that defines the basis for a agreement to provide capital.

The due diligence process not only deals with the idea, the market, the financials, disclosure of potential liabilities, and personal assessments; it also deals with the people, processes, and controls you have in place, or will put in place, to ensure that growth will occur as planned. If you receive an influx of capital in order to expand there is a good chance that the money will not achieve the desired objectives if you do not have the proper people, processes, and controls in place so it is important that you be able to demonstrate to an investor your capabilities in this regard.


Source: Isocert Solutions

The people aspect has to do with who is working in the company, their role, their educational background, their experience in the industry, and their ability to handle issues that will arise as you scale you business.

The processes are the recipes or checklists that people use on how to do the key things in your business. If you are an existing business and your processes are still not running smoothly, there is a good chance that the influx of capital will not help the situation. So make sure you have processes that are running relatively smoothly and you know how they will be affected when scaled up before you seek capital to expand.

Finally, there is the issue of controls which comes down to what tools you have to monitor how your business is doing and to deal with issues that arise in light of the feedback your monitoring tools provide. Your ability to monitor your financial status, your sales levels, the quality of your product or service are some of the controls you should be able to address as part of the due diligence process.

There is no escaping the fact that businesses operate in a chaotic environment with many elements that are hard to predict. That does not lessen the need for people, processes, and controls to help tame that chaos. Adding more capital to a chaotic system with inadequate people, processes, and controls is not likely help matters; in fact, it may make things worse. A critical part of determining whether you are ready for growth capital is determining whether you have the proper people, processes, and controls in place to handle existing growth and the growth that is expected to occur when more capital is injected into your business.

Permalink 

 Archive 
 

Archive


 November 2021 [1]
 October 2021 [1]
 July 2021 [1]
 June 2021 [1]
 May 2021 [2]
 April 2021 [3]
 March 2021 [3]
 February 2021 [1]
 January 2021 [1]
 December 2020 [1]
 November 2020 [1]
 June 2020 [3]
 May 2020 [1]
 April 2020 [2]
 March 2020 [1]
 February 2020 [1]
 January 2020 [1]
 December 2019 [1]
 November 2019 [2]
 October 2019 [2]
 September 2019 [1]
 July 2019 [1]
 June 2019 [2]
 May 2019 [3]
 April 2019 [5]
 March 2019 [4]
 February 2019 [3]
 January 2019 [3]
 December 2018 [4]
 November 2018 [2]
 September 2018 [2]
 August 2018 [1]
 July 2018 [1]
 June 2018 [1]
 May 2018 [5]
 April 2018 [4]
 March 2018 [2]
 February 2018 [4]
 January 2018 [4]
 December 2017 [2]
 November 2017 [6]
 October 2017 [6]
 September 2017 [6]
 August 2017 [2]
 July 2017 [2]
 June 2017 [5]
 May 2017 [7]
 April 2017 [6]
 March 2017 [8]
 February 2017 [7]
 January 2017 [9]
 December 2016 [7]
 November 2016 [7]
 October 2016 [5]
 September 2016 [5]
 August 2016 [4]
 July 2016 [6]
 June 2016 [5]
 May 2016 [10]
 April 2016 [12]
 March 2016 [10]
 February 2016 [11]
 January 2016 [12]
 December 2015 [6]
 November 2015 [8]
 October 2015 [12]
 September 2015 [10]
 August 2015 [14]
 July 2015 [9]
 June 2015 [9]
 May 2015 [10]
 April 2015 [9]
 March 2015 [9]
 February 2015 [8]
 January 2015 [5]
 December 2014 [11]
 November 2014 [10]
 October 2014 [10]
 September 2014 [8]
 August 2014 [7]
 July 2014 [6]
 June 2014 [7]
 May 2014 [6]
 April 2014 [3]
 March 2014 [8]
 February 2014 [6]
 January 2014 [5]
 December 2013 [5]
 November 2013 [3]
 October 2013 [4]
 September 2013 [11]
 August 2013 [4]
 July 2013 [8]
 June 2013 [10]
 May 2013 [14]
 April 2013 [12]
 March 2013 [11]
 February 2013 [19]
 January 2013 [20]
 December 2012 [5]
 November 2012 [1]
 October 2012 [3]
 September 2012 [1]
 August 2012 [1]
 July 2012 [1]
 June 2012 [2]


Categories


 Agriculture [74]
 Bayesian Inference [14]
 Books [15]
 Business Models [24]
 Causal Inference [2]
 Creativity [7]
 Decision Making [17]
 Decision Trees [8]
 Definitions [1]
 Design [37]
 Eco-Green [4]
 Economics [12]
 Education [10]
 Energy [0]
 Entrepreneurship [69]
 Events [3]
 Farming [20]
 Finance [25]
 Future [15]
 Growth [19]
 Investing [25]
 Lean Startup [10]
 Leisure [5]
 Lens Model [9]
 Making [1]
 Management [9]
 Motivation [3]
 Nature [22]
 Patents & Trademarks [1]
 Permaculture [36]
 Psychology [2]
 Real Estate [3]
 Robots [1]
 Selling [12]
 Site News [17]
 Startups [12]
 Statistics [3]
 Systems Thinking [3]
 Trends [9]
 Useful Links [3]
 Valuation [1]
 Venture Capital [5]
 Video [2]
 Writing [2]