Barbour Brown Engineering Ltd
Section A: Starting up
Barbour Brown Engineering Ltd, a firm of consulting engineers, was set up by David Barbour and Neil Brown 14 years ago, in a main town within a large rural area. Initially the firm concentrated solely on civil engineering projects such as road and sewer developments for the increasing number of private housing developments, which were springing up.
Barbour Brown工程有限公司是一家提供工程咨询服的公司，由David Barbour和Neil Brown在14年前创立，位于一个大的乡村地区的主要城镇。起初公司主要业务主要集中在民用土木工程上，比如道路建设和下水管道还有私人房屋设计，并且他们的公司发展很快。

During the 1980s Neil and David had both worked for a large city firm (Floyd and Fleming Ltd), which had an office in the town. David had been branch manager and Neil, a younger and very enterprising individual, headed up the structural development section before spending two years working in the Middle East. In 1989 Floyd and Fleming Ltd decided to close the branch office and concentrate their business in the city.
在80年代，Neil和David在同一家大公司任职（Floyd and Fleming Ltd），并且在这个城市有一间办公室。David是部门经理，Neil是一个具有创新企业家精神的年轻人。两年前在中东领导着结构发展部门。在1989年Floyd and Fleming有限公司决定关闭这个办公室并且在这个城市整合他们的业务。

Neil had recently returned from working in the Middle East and had enjoyed the freedom and flexibility of being his own boss. He discussed with David the possibility of continuing to offer the engineering consultancy service in the town, under a new joint partnership. David had local experience and was aware that there were sufficient smaller projects to sustain the firm’s viability. He also had savings and equity that could be used for a management buy-out. Neil, likewise, had savings acquired through his work abroad. With these resources the pair had enough capital to buy the offices that housed the current Floyd and Fleming business. A business plan was drawn up to secure additional funding to buy over the business. Funding to support this