2. Raising capital
• The process a business goes through in order to raise money, so the
business can get off the ground, expand, or transform in some way.
3. Securing Debt
• Secured debt is debt that is backed by collateral to reduce the risk
associated with lending. In the event a borrower defaults on their loan
repayment, a bank can seize the collateral, sell it, and use the proceeds to
pay back the debt.
4. Attracting and maintaining talented, qualified
directors
• Build an employee-focused culture
• Involve employees in recruiting.
• Connect online.
• Get out and meet people.
5. Meeting the demands and expectations of
sophisticated shareholders
• Companies now must also accommodate the growing importance of a range of
stakeholders. Historically, incentive plan goals have largely focused on meeting the
needs of shareholders and driving total shareholder return.
• Contemporary thinking has companies taking a more holistic view, one that
explicitly recognizes the concerns of employees, customers, suppliers, regulators,
and the community at large.
• Although shareholder expectations likely remain primary, meeting the expectations
of other stakeholders is fundamental to generating long-term, sustainable shareholder
value creation.
6. References:
• Triangle Business Journal
• Mcinnescooper.com
• Entrepreneur.com
• World at Work Magazine Interview: Seymour Burchman Sept 3,2015