Business planning has become more critical than ever in today's world; we help our clients to create business plans for their company's future success. With an arsenal of people in our "rollodex," we can bring in the expertise needed for your industry.
The biggest benefit of hiring a consultant is that we are unbiased. We're not invested in your company's success, so we won't fall prey to the "not invented here" mentality. A consultant will also offer an outsider's perspective on your business, which can be valuable. Ultimately, it all depends on the needs of your company and what you need help with.
Are you considering launching a new business? If so, our startup and launch business services are set up with you in mind, and we provide an ideal resource to dig into and educate yourself. Our blog posts cover everything from selecting the best type of business entity to knowing what state you should incorporate in. Don’t make unnecessary mistakes! Let our startup experts get you headed in the right direction.
If you're a startup or a new business looking for ways to start or improve your business, then consulting with a professional can be one of the best ways to get started. Working with someone like us who is skilled in the field of business planning will help you decide which steps are necessary and how to implement them. You'll be able to get expert advice on how best to reach your goals, which will help you avoid pitfalls that new businesses often face.
Many businesses struggle to hire new talent due to outdated perceptions or a lack of reputation management. We fuel businesses by providing organizational strategic planning, marketing strategy, and business development. We perform a gap analysis by speaking with your employees, customers, and stakeholders to understand what you offer and what you need. Once we’ve identified gaps in your company, we provide actionable solutions to help close those gaps, hire new talent, uplift and empower current employees, refresh your culture, and increase eNPS (net prompter score).
Many businesses have no official plan. We often work with startups or small business owners who need a strong foundation for the future of their company. We can help create strategic plans and assess a business's strengths, weaknesses, opportunities, and threats before it is too late to make changes. We help you determine what your company does well, what services are lacking in your industry, or how to expand into new markets with growth potential.
The year-end is a perfect time to reflect on the past year's successes, failures, and goals. We can help small businesses create or update their strategic business plans. These plans can set your company up for success in the coming year by identifying current opportunities, weaknesses, threats, and areas of improvement that need attention. A good way to start strategic planning is by answering these questions:
- What are our short-term goals? - What should we do about any remaining challenges? What new markets could we explore?
Do you have a plan in place to grow your startup or small business this coming year?
Business continuity planning is the process of creating an organized and proactive approach to protect organizations and minimize disruption of their normal business operations during a crisis or unexpected event, such as a failing economy, COVID-19, etc. It helps organizations create a proactive strategy that ensures they can quickly and efficiently resume business operations during an interruption and take measures to protect personnel's health, productivity, safety, and well-being. It also protects from potential losses and assists in preparing for recovery from disasters, unexpected events, and extreme market disruptions.
It's hard to know when the right time to sell your business is. You want the best value, and you want to sell at the height of your success. But you also don't want to be left with anything if you wait too long. There are a few things you can do now that will help prepare you if you decide one day it's time to move on from your business. When selling your business, you must consider how to market it. If you have developed a strong brand, that is a great place to start. You will need to spend time and resources marketing your business. Marketing and sales are critical components in ensuring the company is successful before sales. Developing an effective branding campaign can help distinguish between an undervalued and overpriced offer. A solid brand helps build trust with potential buyers, leading them to make an offer that aligns with your company's value. Developing a marketing plan includes analyzing each part of your target customer base, identifying your ideal customers and their needs, and understanding where they look for information or products like yours. Once we've placed those needs, developing strategies tailored to those needs will allow you to connect with these prospective buyers who may already be interested in what you offer.
Many small and mid-size businesses struggle to sell their "baby" to the highest bidder for one reason or another. The business will be difficult to sell if it has low assets, weak financials, or a lack of marketing / sales strategies in place. In this scenario, most buyers will not be interested in purchasing the business without some form of structure. There are four types of exit strategies that can help with the sale: 1) Partnering - involving an outside investor who becomes your partner; 2) Licensing - transferring intellectual property rights to a third party; 3) Transferring Assets - selling certain company assets such as customer lists and accounts receivable; 4) Recapitalization - refinancing debt with new investors. 5) Rebranding or marketing restructuring - aligning your company name and culture or rethinking your branding message to better align with what customers want today; 6) Management buyout - selling shares of the business to key managers so they become owners and assume responsibility for running the day-to-day operations. It is important to have an exit strategy in place before you begin looking for buyers!
Business legacy planning is essential to ensure that your business's vision and hard work will live on after you are retired and gone. Developing a well-thought-out exit plan before you leave your company is critical, including everything from succession planning to asset protection, tax strategies, and more. When thinking of legacy planning, remember to include who you want in charge when you are gone, what assets you want to leave behind, how much liability protection you need, and where you want the assets distributed. There is no one size fits all solution, so it's essential to find the best advice for your needs. Before you start, ensure your company is in good shape inside and out by reviewing financials, organization structures, legal documents (will, trusts), insurance coverage, and marketing plans.
If you are a small business owner and a startup, preparing your company for merger and acquisition is essential but can become complicated. This includes creating an exit plan that will be included in the merger agreement. Your exit plan should include a list of all company assets, including intellectual property and tangible items like equipment and furniture, and any liabilities the company may have. The list should also include financial information such as the company's current balance sheet and projected cash flow statements up to five years from now. Other information that can be helpful when preparing your exit plan includes what types of employees the company has on staff, their job duties, and salary levels. Additionally, if there are any executive positions with buyouts or non-compete agreements, these need to be addressed too. Once everything has been laid out clearly on paper (or digitally), it will clarify for both parties during negotiations what needs to happen before an acquisition can occur.
Our team can provide a comprehensive overview of all aspects of project management, planning, execution, reporting, and feedback. We develop and maintain project plans, timelines, and other project documents to track progress, ensure efficient completion of tasks, and identify areas of improvement.
If you are moving or expanding, we offer market research, market analysis, and market feasibility services.
Our team has many years of experience delivering successful projects in diverse industries, which have resulted in significant business performance improvements, organizational efficiency, and cost savings. Whatever the project, we are your one-stop shop for all your business needs.
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