Bathtime Mums Snub the Dragons ; Enterprise

Mail on SundayJuly 27, 2008

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Summary


ENTREPRENEURS Helen Wooldridge and Polly Marsh knew they had a good idea when they launched their Cuddledry baby towel. But just how good their fledgling business plan was became even clearer when they appeared on Dragons' Den last year and were offered backing of [pounds]100,000.

The television entrepreneurs wanted to buy a stake of between 40 per cent and 50 per cent in the business, but the young mothers were reluctant to give up more than 30 per cent and rejected the Dragons' offers.

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Extract


Bathtime Mums Snub the Dragons ; Enterprise

For many business owners, agreeing to hand over a significant stake in their company - and a large part of ...

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