• Do you need help growing your business?

    Towers Business Development Pty Ltd provides consultancy services for Accounting Firms, Small Businesses/Medium Sized Enterprises, Charities, Not-for Profit and Sporting Clubs.

(07) 4724 1118 - Talk to a business development professional now

We have conducted projects over the last 20 years sponsored by:

    • Accounting businesses mentoring for the introduction of new commercial services
    • Advice on raising capital utilising s708 of the Corporations Act
    • AusIndustry
    • Australian Government Grants Applicants
    • Business Assignments for an Indigenous Local Government Organisation and Individual Business Enterprises
    • Business consultant for not-for-profit, charities and sporting organisations
    • Commercialising Emerging Technology (COMET)
    • Corporate Governance Mentoring
    • Crowd Sourced Funding Equity Raising
    • Development of small business ideas for individual business enterprises
    • Early Stage Innovation Companies - Due Diligence to support classification
    • Entrepreneurs Program
    • Preparation of Business Plans, Budgets/Cash Flow Forecasts
    • Queensland Government Grants Applications
 

Peter Towers

Peter Towers was the COMET (Commercialising Emerging Technology), Business Adviser for Central, North Queensland and the Northern Territory from 2001 to 2011. During that time, he worked with approximately 60 companies with this Australian government programme, which developed new technology that they wished to commercialise.

Investing With A Difference

Mentoring

We have conducted various mentoring and training assignments with accountancy businesses to introduce the team to the concept of offering a broader range of commercial services to business clients.

Training

Company Director Training Courses have been presented on behalf of AusIndustry in various locations in Queensland.

Courses

Training courses have been presented on the role of a director/committee member of not-for-profits, charities and sporting organisations in various locations of Queensland.

DUE DILIGENCE PROCESSES

We have developed a due diligence process to assist companies, located anywhere in Australia, in the assessment process for Early Stage Innovation Company status.  This relates to determining whether the company passes two of the three tests, namely “Early Stage Test”, “Gateway Test” and the “Principles Based Test”.

We assist Directors to determine eligibility for the Early Stage Innovation Company status by undertaking a due diligence assessment review and to prepare a file of supporting information for submission to potential investors and ultimately the Australian Taxation Office.

We have developed a business process to assist companies that are interested in raising capital as Crowd Sourced Funding Equity Raising Companies.  This will include a full awareness program on the requirements of the legislation, relative to the preparation of a Crowd Sourced Funding Offer Document and ensuring that the company directors are fully aware of the duties, responsibilities and powers of the Crowd Sourced Funding Intermediary appointed by the company directors.

We assist companies to determine whether they comply with the eligibility requirements to be classified as a Crowd Sourced Funding Company and thus eligible to raise up to $5m per annum (if required) from the public.

Towers Business Development can assist businesses wanting to grow by offering a range of services from coaching and mentoring to managerial and financial development of your business, through to applying for government grants (if required and if you’re eligible) to assist your business to be “investment ready” so that you could obtain capital (to assist in growing your business) from investors, business angels, friends, customers, business associates and venture capitalists. 

We are able to assist businesses in the journey from innovation to investment readiness relating to:

  • Research and Development Systems
  • Accelerating Commercialisation Grant Application Assistance

  • Early Stage Innovation Company Due Diligence
  • Crowd Sourced Funding Company eligibility to be able to raise capital
  • Preparation of Business Plans
  • Preparation of Strategic Plans
  • Preparation of Budgets and Cashflow Forecasts
  • Preparation of Business Valuations and Share Price Determination
  • Information Memorandum
  • Crowd Sourced Funding Offer Document

  • Briefing on Crowd Sourced Funding Intermediaries' Role

  • Introduction to Crowd Sourced Funding Intermediaries

  • Investment Pitch Mentoring and Coaching
  • Assistance in organising investment pitches for companies to obtain your business growth funding from investors, business angels, friends and venture capitalists.

We will have a complimentary preliminary meeting with a prospective client and, if we are both agreeable, will then submit a written proposal and quotation.

Location

12 Eclipse Street Rowes Bay
Townsville, QLD, Australia, 4810
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Contact Details

(07) 4724 1118

Latest Towers Business News

Issue 104 - October 2019

Issue 104 - October 2019

Differentiated Strategy - Helps Create Value! Creating a truly differentiated strategy is...
Issue 103 – September 2019

Issue 103 – September 2019

SINGLE TOUCH PAYROLL NOW APPLIES TO ALL EMPLOYERS! Single Touch Payroll is being enforced for...
Crowd Sourced Funding Equity Raising a Significant Financing Opportunity

Crowd Sourced Funding Equity Raising a Significant Financing Opportunity

Crowd Sourced Funding Equity Raising a Significant Financing Opportunity for Small Businesses and...
Issue 102 – August 2019

Issue 102 – August 2019

44 COMPANIES HAVE RAISED $37.2 MILLION! Nine of the Crowd Sourced Funding Intermediaries...
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