As a professional angel investor and business mentor, Mark Lyttleton knows what it takes to launch and scale a successful company. He is the founder of Prana Partners, an organisation created with the mission of helping companies at all stages of their evolution by providing thoughtful and strategic advice, enabling entrepreneurs and their businesses to grow and flourish and providing them with the skills and tools necessary to negotiate challenging times. You can learn about the impact of the COVID-19 pandemic on new business formation by viewing the embedded PDF.
For more than 25 years now, Prana Partners has analysed all types of businesses, from local start-ups to multinational corporations, identifying how they have evolved to provide a wealth of experience across numerous industry sectors. The embedded infographic provides information about the basic stages of a business life cycle.
Prana Partners’ goal is to see the businesses it partners with succeed, capturing opportunities while simultaneously avoiding as many pitfalls as possible.
Different companies have different missions. Some may seek to increase revenues as quickly as possible, while others may have a bigger mission involving the environment or society. For many companies there will be an overlap, with leadership seeking to fulfil a variety of different objectives.
Once Prana Partners understands its client’s corporate vision, the organisation helps to map out a strategic path to help them achieve their goals. The embedded video looks at what a vision statement is and why it is so important for companies to create one.
In order to establish and grow their business, founders need access to financing. Many entrepreneurs find their attention increasingly drawn to the operational side of the business. However, having robust financials in place is crucial in terms of increasing options for strategic activity and expanding headspace to concentrate on customers and products.
Founding a business is often a difficult and lonely process. Prana Partners supports entrepreneurs every step of the way, providing a mentoring service to help. Prana Partners provides clients with the reassurance of having someone in their corner making practical suggestions. The company helps the entrepreneurs it partners with to maximise their inherent intuition and skills, supporting them not only in the running of their business but also to strike a healthy work-life balance.
In addition to providing business mentoring services and advice on financial structuring, Prana Partners also offers a variety of bespoke services. The company works with several family offices, both in Monaco and London, assisting high-net-worth clients who require an advisory or discretionary offering.
Prana Partners also helps clients to access residential property services and tax planning in Monaco and across the Cote d’Azur, as well as collaborating with a number of real estate financing boutiques that have advised on deals ranging in value from £5 million to £500 million.