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DBA GROUP LAUNCHES BUSINESS GUIDE FOR HI TECH ENTREPRENEURS
Added: (Tue Jun 30 2009)
Pressbox (Press Release) -
DBA Group, Cambridge’s award winning Chartered Accountancy Practice has launched its ‘Technology Business Starter Guide’. David Blair, CEO of the DBA Group has written the book based on decades of experience assisting early stage technology companies to raise finance and make their money go further.
This A5 book provides entrepreneurs operating in the hi-tech arena sound commercial advice to help in developing their business plan and managing its effective execution. DBA Group has worked with over 40 companies and 20 specialist funds to deploy in excess of £60 million in the early stage technology sector.
Hugh Parnell, Great Eastern Investment Forum commented on the book: "This is a 'little blue book' of immense value to anyone planning to set up a new business, especially with a novel technology as its core. What would often have taken a novice businessman month’s to learn and understand has been conveniently condensed into just 20 pages of compact, relevant and insightful wisdom. David Blair has compiled his years of experience into a pocket guide of top quality advice and straight talking which will surely help many on their first steps of an entrepreneurial journey."
David Blair, CEO DBA Group said: “Even though times are hard for businesses, finance is still available for sound propositions. Hi-tech and biotech start-up companies need to be aware that there is more to growing a business than producing a world beating concept and registering a company. If there is no focus on how to market the product, manage the resources and establish proper control structures in the new business, then the chances of success are limited. Our book presents a practical guide to the information that hi tech entrepreneurs will need to keep themselves legal and on track.”
Blair continues; "To succeed in this space entrepreneurs need to ensure they have the right team with the right blend of skills at the right time. Companies have to have people who can ensure that the money doesn't get used up too quickly-because its one thing to make accounting losses, but you only run out of cash once. Running a successful business is about more than just cash flow; entrepreneurs need to hold the strategic vision whilst managing the nuts and bolts of the company's day-to-day activities.”
The book is available free of charge by emailing techguide@dbagroup.co.uk or by telephoning 01223 202 166
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About David Blair and DBA Group
DBA Group is a multi award winning accountancy practice focused on the particular needs of start up and early stage technology and biotechnology companies. The DBA Group team has a strong commercial focus and offers uniquely tailored packages of integrated operational and strategic financial management, plus advice on all aspects of establishing a new business.
DBA Group was established by David Blair MA MBA FCA CF in 1994. David qualified as a Chartered Accountant with Price Waterhouse in 1987, and then worked in the corporate finance department before moving into industry as a Finance Director. He held several senior positions before developing a portfolio career as an interim/part time CFO to early stage technology companies. In establishing DBA Group, he has built a strong team of nine highly experienced individuals who between them offer an unparalleled range of skills relevant to the needs of fledgling businesses.
In April 2009 DBA Group won two national UK Enterprise Support Awards, David Blair, CEO of DBA Group picked up the platinum award in the category for the “Best Business Owner and Supporter of Other Enterprise Owners’, and the team also collected the gold award in the category for “Best Financial Services Start up Product.” DBA Group was the only company to win two accolades.
In the Cambridge 100’s 2008 award ceremony DBA Group was awarded the ‘Best Interim Project’ for its work with SimuGen. The Cambridge 100 is a not for profit organisation set up by entrepreneurs to promote the value of interim managers to the regions business community. DBA Group won the award for its work with SimuGen, a business that conducts leading edge research to reduce the cost of drug development.