Food & Drink
Accessing Finance: A Guide for Food & Drink Companies
We recently published our funding guide in conjunction with Scotland Food & Drink, which is aimed at assisting food & drink industry business owners with:
- Understanding the various types of finance that are available and what each type of finance is generally used for
- Deciding what type of finance might be best for your business
- Starting the process of securing that funding, including understanding what the providers of funding will want from you
Our brochure is free to download and also includes a separate grant funding guide - just click on the image for your copy.
If you have any questions or are looking for assistance with funding for your business please get in touch with us by emailing us.
The Scottish food and drink sector is renowned throughout the world due to the extensive array of products and producers who draw on our natural resources. With an estimated economic impact of £10bn a year, it is a key economic driver of the Scottish economy.
Whilst its major profile has undoubtedly been created by the success of such brands as Scotch whisky, Scottish salmon, Scotch beef and the odd sweet-toothed delicacy, there are an abundance of medium scale and smaller artisan producers in Scotland which have yet to fully exploit their potential.
With opportunities for growth there are challenges to be overcome including: the increase in commodity prices; lack of availability of funding; increasing cost of compliance with regulatory requirements and availability of skilled workforce.
With a significant number of clients operating within the food and drink sector French Duncan has a full complement of mainstream and specialist services which are scalable, from the smallest start-up to major international processors and exporters, to assist management teams in delivering on their strategy.
Aside from delivering on the core requirements for ongoing compliance whether it is on audit, accounts preparation or tax work, our team has assisted clients in areas such as; a capital allowance claim for the introduction of a new bottling hall for a major international whisky business; business planning and fundraising support for a UK-wide food manufacturing business; VAT and duty advice to major alcoholic drinks groups and assistance to a variety of UK and international businesses with both RSA and Food Processing Marketing and Co-operation Grant applications.
Our services include:
- preparation of financial budgets
- strategic planning
- business acquisitions and disposals
- capital allowance reviews
- audit and accountancy compliance
- tax compliance
- tax planning, corporate and personal
- business valuations
- corporate advisory - fundraising, due diligence, executing sale mandates
We work with a cross-discipline sector team approach, ensuring that experience is shared and the right person is always available to deal with your needs. The team has strong food and drink industry contacts, with key relationships with industry bodies, specialist teams within major banks and food sector-specific equity funders of various sizes, both in Scotland and UK-wide.
Scotland Food & Drink
Scotland Food & Drink, established in 2007, is a not-for-profit organisation that was created to guide food and drink companies of all sizes towards increased profitability.
Scotland Food & Drink is a unique leadership organisation - supported by the Scottish Government - tasked with growing the value of Scotland's food and drink sector, making it more profitable and delivering greater global success in a challenging and competitive environment.