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Orchard

 
How it works

MAKING IT HAPPEN

  • We have to get on with each other.

  • You have to have a proposal we all agree will work both conceptually and financially. This will include being realistic about what you can take out of the business to start with.

  • You have to be able to find some money. We believe for a joint venture to work, all parties need to face some pain if things go wrong. How much you will need depends on how much it will cost to get the business up and running, but it might be somewhere between £10k and no more than £20k

OWNERSHIP, FUNDING AND RUNNING OF YOUR BUSINESS

  • You own a majority of the company from day one and we own the rest of the shares. (75/25)

  • We will arrange top funding in the form of an overdraft and invoice financing (in the case of temp businesses) to cover the rest of the cash requirement of the business.

  • Subject to some basic protections for us, you are in day to day control of the business, with support from us as and when you need it.

  • After three years trading, you will be able to buy our shareholding (all or in tranches) at a transparent and fair valuation.

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