WHO WE CAN HELP?
Small Business to Large EnterprisesIn an effort to better help our customer we have broken up business sizes into 3 main sizes to illustrate what types of solutions we suggest for them.
SMALL
- Consulting
- Advising
- Business Planning
- Investments
MEDIUM
- Consulting
- Advising
- Business Planning
- Investments
- Operational Efficiency
- Labor Costs
- Production
LARGE
- Consulting
- Advising
- Business Planning
- Investments
- Operational Efficiency
- Labor Costs
- Production
- Benefit Expenses
- Technology
- Safety
FAQ
Frequently Asked Questions
How much money will I need?
This may be the most-asked question of all. There’s no exact answer, as each business is unique. Some companies will need thousands to get off the ground, while others can turn a profit with little investment.
What do I need to know about the financial side of things?
First of all, you need to have a good understanding of the three financial statements you’ll be using throughout your career. These are:
- Balance sheet, showing you the financial state of your business at a given time
- Profit & loss, which depicts whether or not you’ve turned a profit at a given time
- Cash flow statement, giving you a break down of your cash position at a given time
Keeping these three crucial documents up to date will drastically reduce risk. 3-way forecasting combines all three to show the most accurate financial projection you can get.
Am I measuring the appropriate metrics?
If you can identify the core KPIs in your company – and measure them regularly – then you’re going to feel in control of your business. Choose personal and specific goals for your business. The ‘one size fits all’ approach simply isn’t appropriate for any business because each one is different.
Do people need what I’m selling?
You must do your market research. Some entrepreneurs dream up solutions to problems that do not really exist or rather only exist because of a personal need or experience. Doing your research will protect you from making mistakes. Then make sure your pricing is fair and reasonable.
Do I have the right people?
As your business develops and grows, you’re going to start attracting the right people. But, as a startup, your staffing may be more circumstantial. It’s a big step to make your first hire, so make sure you’re completely ready to be relied upon and have all of the legal paperwork completed.
Do I have the right customers?
When you made/make your business plan, you’ll have researched the market and industry, which shows you which kind of people are going to want or need your product or services. Target them with digital advertising, using Google and social media. It’s cheap and you can track your results.
Where can I get investment?
Some entrepreneurs get investment from their savings, friends or families. From seed funding to Angel investors, crowdfunding to cash advances, make sure you’ve done your research and come up with a plan to suit your own needs. It won’t always be easy, but it almost always pays off.
Get In Touch
San Juan Capistrano, CA 92675