INVESTMENT: Mizzie the Kangaroo
Mizzie The Kangaroo. Born in 2015 after significant R&D, Australia has its own "Sophie the Giraffe". Mizzie The Kangaroo features a range of products designed to help infants develop through fun. Its premier product, the Teeth and Squeeze Toy, is a 100% natural rubber teething and squeeze toy that is designed for infants’ sensory development and sore gums.
Skebbsys Toy Box Pty Ltd, which operates the Mizzie The Kangaroo range of products, is expanding the Mizzie range and moving into Europe and America over 2019. The company is aiming to reach an annual turnover of more than $1.8M over the next 2 years. This high margin business is one of our strongest investments currently. The company is seeking investment from sophisticated investors to raise up to $500,000 in capital by way of Preference Shares issue.
CONSULTING: LT2 - Preferred Partner
Little Tokyo Two is expanding its horizons, supporting startups that are strapped for cash with a new ventures model that features capital raising and traditional consulting services.
LT2 is proactive, forward and realistic - they're Australia's most successful small business incubator.
As a Preferred Partner, PEF Capital provides startups and early stage businesses with a professional services network and support. Founders and small business owners can focus on their core strength.
Financial forecasts, workflow analysis & advisor contacts - we provide the best services and attract the most successful venture capital & private equity investment deals.
LEARNINGS: Change Management & People
Incentivising sales staff
Sales staff. They increase your revenue, but you need revenue to afford them. A good way of attracting quality sales staff without running out of cash is adopting an (ESOP) Employee Share Option Plan.
Since 2015, the tax timing on ESOPs has seen generous extensions, and gains and losses on disposal of ESOP entitlements are assessed under the CGT regime in certain cases.