UK: COMING UP FAST - Building to last - Changing advisers.

UK: COMING UP FAST - Building to last - Changing advisers. - DILEMMA: Until now my business has used small, local firms of advisers who are used to acting for SMEs. As the business expands, when is it appropriate to change advisers?

by PATRICK DUNNE, who works with 3i.

DILEMMA: Until now my business has used small, local firms of advisers who are used to acting for SMEs. As the business expands, when is it appropriate to change advisers?

ISSUES: Several key factors should influence your choice of advisers. First, what are your objectives - do you want to float, remain independent, sell? How is the business expanding: organically, by acquisition, or a mix? If your business is not an international one, is it planning to be? Will the company need to raise capital to fund expansion?

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