We act for many investments funds including those established with UK and European government money which invest in new businesses. We therefore have a great deal of experience of seeing new business and the reasons they succeed and the reasons they fail.
The pace of expansion for a start up business, and the change it goes through in establishing itself in the market place, is possibly greater than in any other point of its life. The combination of rapid growth, with little or no money, can lead to a very difficult journey and this only adds additional pressure on a business and reduces its likelihood of success.