Wright Capital Consultants

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INtroduction

Wright Capital Consultants, Inc. (“Wright Capital Consultants”) is a corporation based in Vietnam that will render substantial investments to startup and burgeoning businesses throughout Vietnam. Wright Capital Consultants was founded by (“Your Name”).

Wright Capital Consultants focuses on making private investments into Vietnamese companies that indicate immense potential in relation to revenue growth and Wright Capital Consultants’ adeptness to take these companies public or part from them via private sale to third parties throughout Vietnam and different countries. Distinctively, Wright Capital Consultants will concentrate on investing in neoteric Vietnamese companies that have a state-of-the-art business concept, promising technology, or are prevailing Vietnamese companies that are striving for precipitous progression within their niche market. Wright Capital Consultants will garner revenues by imposing fees on a par with 2% of the cumulative assets under management in addition to a 20% inducement fee on all proceeds garnered by the company.  

Wright Capital Consultants’ mission is to render possible investors the passage to fast growing Vietnamese businesses that can render significant capital admiration over a two to four year period as soon as the firm parts from its interest in the companies that invests.

The Company was founded by (“Your Name and Other person’s name”). (“Mr. Last Name”) has over 10 years of practice in the Venture Capital (VC) industry. Through his/her skill, s/he will be able to generate profitability roundabout its first year of the business’s operations. (“Mr. Last Name”) anticipates that the company will assertively grow in the course of the first two or three years of operating. (“Mr. Last Name”) plans to put into operation marketing promotions that will effectually aim at Vietnamese businesses and investors looking for investment within their sought after niche market.

The main revenue activity for the firm will derive from dividends and capital admiration entwined with investments in neoteric Vietnamese companies, state-of-the-art Vietnamese startup companies, and prevailing Vietnamese companies that are looking for growth capital. The focal point of this revenue building block will derive from the capital admiration that is brought to fruition once a company in which Wright Capital Consultants has a venture in is sold surreptitiously or through an initial public offering (IPO). The company will appoint a number of very well educated investment specialists that can render guidance into the economic feasibility of any company that is evaluated by Wright Capital Consultants for a possible investment.

The firm will also make investments into neoteric Vietnamese companies via royalty based financing where the firm will generate revenues from both capital admiration in addition to assured payments based on the income of the company in which Wright Capital Consultants renders capital. This is a neoteric and groundbreaking development of financing that markedly decreases the risks in relation with venture capital financing.

Vietnam lacks access to financing for their businesses, whether startup or existing businesses. Similar venture capital firms in Asia prefer later stage investing, which is not beneficial to a startup businesses seeking funding from a VC (Ernst & Young 2011). Wright Capital Consultants will come in seeking to invest in and finance early stage startups in their endeavors. Government does not focus on entrepreneurship in Vietnam, according to The Canadian Trade Commission Service 2014, “The Vietnam Government is trying to exert a pull on augmented investment around an ample assortment of segments.”

List of Incentive Investment Sectors

The Vietnamese Government publishes a list of Incentive Investment sectors that are subject to the tax and accounting incentives under articles 33 to 37 of the Law on Investment for Vietnam, (No. 59/2005/QH11) which went into operation on July 1st, 2006 ( (VAN AN 2005).

Access to capital is an important problem for both Chinese and Vietnamese entrepreneurs - particularly intense for the Vietnamese (Perri & Chu, 2012). Access to capital will be of ease to entrepreneurs who are seeking investment and guidance going forward into operation. According to Aylward (n.d.), “Vietnam relies heavily on funds sourced from foreign entities, which a large part is derived from outside of Asia.” The decision to base Wright Capital Consultants within Vietnam is derived from the lack of funds an entrepreneur is able to source from within its own locality. In majority of Asian companies, the Asian corporations are responsible for investments in the venture capital industry (Aylward n.d.). This is not the case in other emerging markets, thus should not be the case for Vietnam. If we do not build up a system of venture capital funds in Viet Nam soon, we will lose our market share in tech transformation as well as in local hedge funds (Quan 2013). Vietnam is in a dire situation when it comes to investment capital, the government and the limited amount of VC firms in Vietnam have limited capabilities. According to Scheela and Van Dinh 2004, “There appears to be significant problems in finding quality Vietnamese managers.” Wright Capital Consultants will put in place a management team to help aid the potential business managers in running a company, since a major problem in Vietnam seems to be the lack of Vietnamese managers capable of running a company.