The No Bollocks Library Category

Funding & Finance

Money management shouldn’t be a mystery. This section makes finance clear, strategic and actionable for growing founders. Learn how to manage cashflow, raise capital, and choose between debt and equity without losing control. We cover investor readiness, grants, banking, and financial dashboards that make smart decisions simple. Whether bootstrapping or raising funds, you’ll gain the clarity to grow with confidence.

61 Articles

Pre-Emption Rights in the UK: Allotment vs Transfer and How to Disapply Them

Pre-emption rights give existing shareholders the first chance to buy shares before they go to anyone else. In the UK there are two kinds.…

Oct 2026

Enterprise Investment Scheme for Founders: Eligibility Tests, Limits and How to Raise Under EIS

The Enterprise Investment Scheme (EIS) is a UK tax scheme that gives individual investors 30% income tax relief when they buy new shares in…

Oct 2026

SEIS Advance Assurance: How to Apply, What HMRC Checks and What to File After the Round

SEIS advance assurance is HMRC’s opinion, given before any shares are issued, that a planned SEIS investment is likely to qualify for the scheme.…

Oct 2026

SEIS Explained: Which Companies Qualify, How Much You Can Raise and Why Angels Ask for It

SEIS, the Seed Enterprise Investment Scheme, is a UK tax scheme that gives individual investors 50% income tax relief when they buy new shares…

Oct 2026

BATNA: How to Work Out Your Walk-Away Position, With Business Examples

BATNA stands for best alternative to a negotiated agreement. It’s what you will do if the deal in front of you doesn’t happen, and…

Oct 2026

Advance Subscription Agreements: How ASAs Work, Long-Stop Dates and SEIS Rules

An advance subscription agreement, or ASA, is a contract where an investor pays money into a company now in return for shares the company…

Oct 2026

Convertible Loan Notes: Discounts, Valuation Caps and What Happens at Conversion

A convertible loan note is a loan from an investor to a company that turns into shares later, usually when the company sells shares…

Oct 2026

Preference Shares vs Ordinary Shares: Dividend, Voting and Exit Rights Explained

Preference shares are shares that carry rights on top of those of ordinary shares, usually the right to be paid first: first for dividends,…

Oct 2026

Liquidation Preference: 1x vs Participating, With a Worked Exit Waterfall

A liquidation preference is the right of an investor to be paid back before the other shareholders when the business is sold or wound…

Oct 2026

Funding & Finance 10 min

How Does EIS Tax Relief Work?

EIS tax relief gives investors in small, unlisted UK trading companies 30% income tax relief on up to £1m a year (£2m if the…

Oct 2026