LDC’s Head of New Business, Andy Grove, has contributed to a new book published by Lloyds Banking Group which offers ambitious entrepreneurs and new businesses detailed expertise from a range of contributors with vast experience in business growth.
Yes Business Can: Start up, Scale up, Go Global is an in-depth guide for entrepreneurs that brings together expert insight into every stage of a company’s journey, including areas as diverse as setting up a new business, improving productivity, securing intellectual property and fostering good mental health in the workplace.
It is a resource entrepreneurs can refer to for advice on specific challenges they are facing and combines expertise from government, legal, technology and management experts, as well as investors and business leaders that have nurtured new companies to success.
Andy Grove has contributed two chapters, one on demystifying private equity and the other on exploring exit options for management teams and realising value from their business. He outlines how private equity support can help ensure that the vision and ambition of a talented and motivated team manifests itself into company growth, profitability and, ultimately, success.
Andy goes on to explore the many different reasons management teams may look at exiting their business, and what makes a robust exit strategy. He tells the story of business owners LDC has worked with over the years, from Tom Joule, founder of lifestyle brand Joules, to Tony Lockwood, CEO of fume extraction and filtration specialist BOFA, and explains how the support of a private equity partner helped them to grow and realise business value.
What’s made clear in the book is that, despite this period of uncertainty and ongoing change, ambitious management teams of businesses of all sizes are still looking to drive growth and succeed.
Yes Business Can: Start up, Scale up, Go Global is available to download now at www.resources.lloydsbank.com/yes-business-can