New Business

  • Assess the business idea – can this idea become a business?

  • Create a plan for your business

  • Identify funding sources

  • Define the market – who are your customers? Who are your competitors?

  • Determine pricing of products or services

  • Create online presence

  • Decide business ownership structure – Proprietorship, partnership, LLC or corporation

  • Make required government filings, entity registration, taxes

  • Set up accounting and financial systems

  • Implement administrative infrastructure to include selection of computer equipment and systems, sales and marketing

  • Establish network of vendors, legal and financial advisors, subcontractors

  • Plan for growth

Growing a Business

  • Identify and solve problems

  • Stabilize operations

  • Improve profit margins to increase cash flow

  • Develop effective internal communication systems to improve performance in the areas of administration, sales, production, finance

  • Improve business processes including accounting, CRM and other critical systems

  • Assess level of technology and propose updates and improvements

  • Create expansion strategies

  • Evaluate additional financing options

  • Turnaround strategies for at-risk companies

  • Devise strategies to transition to the next stage of growth