Ever wondered how debt finance can fuel rapid business growth without causing financial strain?
In this bonus episode of the Finance Focus podcast, hosts Tracy Smart and Sam Jones welcome back Paul Sherratt, founder of the innovative retail brand gloveglu, to share expert insights into effectively using debt finance for scaling retail businesses. Paul reveals his key strategies, from keeping a clear and realistic business plan to creating an effective financial dashboard that tracks crucial metrics like revenue by channel and cash flow scenarios.
The conversation also highlights common fundraising challenges, stressing the importance of accurately forecasting capital needs and understanding repayment terms to avoid financial pitfalls.
Paul Sherratt: Founder and CEO of gloveglu, a global brand specialising in goalkeeper product innovation and care. With over 30 years of experience in the sporting goods industry, Paul has scaled gloveglu from a side project into a multinational business by leveraging debt finance, operational agility, and strategic insight.
Finance Focus helps businesses navigate the ever-evolving world of finance. Each episode features expert insights, practical advice, and in-depth discussions on topics such as crowdfunding, trade finance, angel investing and debt. Hosted by Tracy Smart from The Smart Team and Sam Jones from Satellite Finance.
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Finance Focus is produced and edited by Story Ninety-Four in Oxford.