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- He said: “I will always remember sending over £300,000 (having checked sort code ten times to make sure it was correct) to both Theo and Deborah from the Lloyds Bank desk in Worcester, just like I was paying a gas bill.”He also admitted that “it was an unsettling three weeks”. All focus on increasing sales and cash flow had fallen unto him.”But we now get to keep 100 per cent of the profits which is a great incentive to work hard,” Westwood said. “Six months later, sales have increased thanks to new products such as the reusable Magic Notebook and the Magic Blackout Blind. Cash flow has increased and is back to normal.”He added that the move was crucial. “We needed to have far more handle more than our foreseeable future, and eventually shift the whole business to our children.”Indeed, the indicator of a successful Dragons’ Den buy-back story seems to be confidence.By Shané Schutte
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