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How To Become A Business Angel

Practical advice for aspiring investors in unquoted companies

By Richard Hargreaves

Paperback £35.00 / $55.00
eBook £30.99 / $36.99
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How To Become A Business Angel

Practical advice for aspiring investors in unquoted companies

By Richard Hargreaves

Jacket text

Becoming a successful angel

Angel investors are the most important source of capital for UK companies seeking up to £2 million in funding. This importance to the British economy is recognised by the government, which means that attractive tax breaks are available to business angels. Added to this, helping start-up ventures with money and mentoring can be satisfying and fun. If you have considered taking advantage of these tax incentives by making angel investments, or find the idea of providing capital to entrepreneurs – and the potential financial rewards of doing so – appealing, then your starting point should be How to Become a Business Angel.

Richard Hargreaves has 40 years’ experience making investments in unquoted companies and as such is well placed to guide those who are new to the area through the process. He knows what to look for in potential deals, the risk-reward structure angels should demand, the times when legal advice must be taken and the pitfalls to be wary of. In a concise, readable manner, he provides practical guidance to all aspects of investing in unquoted companies and gives numerous invaluable case studies from real-life deals so you can see how angel investments work in practice. You will learn:

– Whether angel investing is right for you
– How to find and assess opportunities
– What investment terms angels require
– How to manage investments you have made and resolve problems that arise
– How to exit from investments
– Lessons from real-life deals that went well, and badly, through detailed case studies

If you are looking to build a portfolio of investments in unquoted companies, wish to learn more about the technical side of investment, such as share capital structures and investors’ legal rights, or wish to invest your capital in entrepreneurial ventures in the most effective for both you and the entrepreneurs, then this book is for you.

About the author

Dr Richard Hargreaves was educated as an engineer and conducted research in materials science before entering the world of venture capital with the 3i, as it now called. After ten years of making investments in unquoted companies, he left to start Baronsmead plc which he developed over 13 years until its sale in 1995. During this period Richard was involved in the development of the venture capital industry through the BVCA (the leading industry body and public policy advocate for the private equity and venture capital industry in the UK), where he became chairman.

After its sale, he managed Baronsmead for two years before he started Classic Fund Management Ltd. He sold that company in 2004 and co-founded Endeavour Ventures Ltd, which invests in young technology companies for its 250 strong client base of high net worth individuals.

He has more than thirty years experience in investing in young companies and helping them grow. He is a very experienced non-executive director and business angel.

Media coverage

From iBusinessAngel :

When you make a decision to invest in an unquoted company, it is unlikely that you will be the sole investor. In which case one crucial issue is where is the rest of the money to come from? And this is where the UK CoFund can help UK based business angels and businesses. Most smaller… Read more »

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From Business Money :

One of the biggest issues I have with books of any sort is that, firstly, they should impart information and, secondly, they should relate in a language known to human beings. Not enough do either and very seldom do I receive a new business book that I consider satisfies those twin aims so fruitfully. Yet,… Read more »

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From Money Observer:

Richard Hargreaves offers practical advice to prospective angel investors in his essential new guide How to Become a Business Angel. Angel investors are the most important source of capital for UK companies seeking up to £2 million in funding. Their importance to the UK economy means attractive tax breaks are available to investors. We have… Read more »

Read More…

From Management Today:

Firstly, the title is a false promise. With hindsight all investors can make stunning returns but even the very best make many mistakes and luck plays a major role in the real world. Most importantly an investment is only a killer once it is realised. Everything else is dreaming. The acid test is the multiple… Read more »

Read More…

Contents

About the Author
Preface
Introduction

Part A - Angel Investing
1. The Basics
2. Deciding Whether to be an Angel

Part B - Investment Opportunities
3. Finding Investment Opportunities
4. Assessing an Opportunity
5. Investment Terms
6. The Enterprise Investment Scheme (EIS)
7. Legal Documentation

Part C - Managing Investments
8. Active investment management
9. Resolving Corporate Issues
10. Resolving problems with other Investors

Part D - The Exit
11. General Principles of Exits and IPOs
12. Sale: Strategies and Process
13. Sale: The Consequences of Different Structures

A Final Thought
Glossary
Index



Published: 14/01/2013
Edition: 1st
Pages: 310
Formats: paperback - ISBN 9780857191731
ebook - ISBN 9780857192875
Media enquiries

If you’d like to get in touch with the author for interview or comment, or you’d like a review copy of this book, please contact us at pr@harriman-house.com or call +44 (0)1730 233870.

Rights

For information on available rights, please contact rights@harriman-house.com

Bulk purchases

We offer discounts for bulk purchases. Please contact specialsales@harriman-house.com for a quote.