If you would like to receive an electronic copy of our newsletters, please email: _CLOAKING HIGHLIGHTS > Why Business Owners Should Watch the Dragons’ Den > The Success of Reverse Leveraged Buyouts > Ernst & Young’s Entrepreneurs of the Year > Cool Clients – Cell-Loc on Funding a Tech Business Plus: For Companies Looking for Capital, Private Equity can be the Best Option Why Business Owners Should Watch the Dragons’ Den Ken Wong, Associate Professor of Queen’s School of Business says, “The CBC reality show, the Dragons’ Den, should be required viewing for all entrepreneurs in Canada. When I go to cocktail parties I am often asked ‘why doesn't someone offer XYZ’ or ‘I have this idea for a business...what do you think?’ For all of those people (and more), I wish they would watch the Dragons at work. This show does a wonderful job exposing the mind of the successful capitalist. The questions are direct and critical - will it be bought? At what pri ce? In what volume? Can it be sustained? These are questions I find myself asking over and over again. This is reality TV at its best - a true slice of reality.” Read About Ken » The Success of Reverse Leveraged Buyouts Are RLBOs really the risky, under-performing investment that is claimed? In fact, says Harvard Business School Professor Josh Lerner, RLBOs generally outperform other initial public offerings and the market as a whole. One exception: So-called quick flips, such as the Hertz deal, have underperformed the market…
Read the full story» Harvard Business School» Entrepreneurs of the Year Congratulations to Darryl Reiter, CEO of Children’s Technology Workshop, for being included on Ernst & Young’s list of Top Entrepreneurs of 2006. Darryl turned science classes into a hyper-dynamic business and proved you can have fun and attract investors. Children’s Technology Workshop gives children the opportunity to develop skills in programming, engineering and robotics, video game design and production, animation and graphic design. Read about Darryl: Ernst & Young» Visit Children’s Technology Workshop» Cool Clients – Cell-Loc on Funding a Tech Business Dave Guebert, VP Finance and CFO of Cell-Loc Location Technologies Inc. (TSX-V: LTI), advises business owners of high tech companies, “as an emerging wireless location technology company, it has taken years for us to develop our intellectual property and build our commercial operation.” Getting capital requires tenacity and Dave believes that, “in order to achieve commercialization, we needed to access capital markets several times to fund the cost of development. It is essential for a technology company to expand and maintain its network of financial contacts to ensure its success in obtaining necessary financing.” Dave is pleased as punch that Cell-Loc has successfully completed a series of financings and is now up and operating in Brazil and Canada, and in the process of negotiating other country locations .Learn more about Cell-Loc» For Companies Looking for Capital, Private Equity can be the Best Option It’s been said so often that most entrepreneurs probably believe it: bank loans are your common source of funds. Who other than a bank (assuming you meet its covenants) will lend you money at just one or two points above prime? But as we learn in most realms of life, the low-priced products aren’t always best for you. With a greater number of private investors providing a growth company’s financing, many Canadian business owners are discovering there are alternative sources of capital. Probably, the most exciting news is that private equity deals are being done for as little as $500,000 – private equity is shifting from Bay Street to Main Street.
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