Advice for CEOs

Newport Board Group West Florida partner Pete Savage works with multi-disciplinary technology companies, high growth companies, and companies where his experience in turn-arounds, M&A, domestic and international R&D and channel partnerships is especially valuable.

Newport Board Group West Florida partner Pete Savage has had a distinguished career as an executive, advisor and entrepreneur in the high tech sector, especially with telecommunications and network management companies. In the first part of this Q&A we focus on Pete’s insights about high tech company business strategy, product development and marketing.

Newport Board Group Managing Director Michael Evans co-leads Newport’s practice in the San Francisco area. As a partner with Ernst & Young for over 30 years, Mike served the Real Estate and Construction industries and was also a senior partner for Quality and Risk Management. His experience with middle market entrepreneurs includes advising many small-medium clients in Silicon Valley.

For your emerging growth company to be successful, it is vital that you move in the right direction to obtain both operating financing and financing to fund your growth. In our previous article, we detailed three steps to help your company get and keep bank credit.

In our previous article, we discussed the need for middle-market companies to have both working capital and capital to fund their growth to become a successful entity. But how do you start? What are the essential steps you should take to obtain the financing you need for your company?

To operate effectively and grow, middle-market companies need capital: both working capital and capital to fund growth. Very few companies are profitable enough to generate all the capital they need from current cash flow. So where should this financing come from?