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Your Startup Guru

Helping you launch and grow your business

The Comfort Zone

I always say that entrepreneurship isn’t for everyone. However, if you feel that it’s your calling, you owe it to yourself to check out your options.

Another happy client

strategic alliance

Seattle based Strategic Alliance Consulting provides network system architecture and application solutions to medium and large scale businesses across the country.

I am providing Strategic Alliance with strategy consulting which includes financial planning, marketing, and organization development.

 

Another happy client

uig

Urban Innovation Group is a Californian development company that focuses on redevelopment and revitalization projections in under-developed neighborhoods.

I completed several business plans and financial analyses for their many projects that were used to attract syndicate investors.

Another happy client

bizboards

Atlanta based, BizBoards improves the online marketplace for these key business activities by creating a simple affordable one-stop-shop.  As of now, customers are paying large fees to use an unattractive interface to find/advertise work, investments, business sales, and partnerships.  BizBoards streamlines this once difficult process with a sleek, effective, and powerful solution.

I prepared a business plan and pitch deck that allowed them to secure financing and attract team members for their launch.

From thoughts of suicide at 65 to billionaire at 88

An amazing story of Harland Sanders, founder of KFC

Live by the sales projection, die by the sales projection

Creators of the board game The Contender: The Game of Presidential Debate raised $140k on Kickstarter but ended up $40k in debt due to inaccurately predicting future sales.  This caused them to order more games than they could sell and ultimately caused them to go into the red for some time.

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So how do you predict sales?  Forecasting is as much art as it is science, finding a right method that is accurate will greatly enhance the efficiency and profitability of any business:  over-ordering materials, under-allocating resources, etc. all undermine a company’s operations.

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The selection of a method depends on many factors—the context of the forecast, the relevance and availability of historical data, the degree of accuracy desirable, the time period to be forecast, the cost/ benefit (or value) of the forecast to the company, and the time available for making the analysis.

When a company forecasts for a particular product, it must consider the stage of the product’s life cycle for which it is forecasting. The availability of data and the possibility of establishing relationships between the factors depend directly on the maturity of a product, and hence the life-cycle stage is a prime determinant of the forecasting method to be used.

All my business plans come with projected financial statements.  I use a combination of industry growth data, historical sales data (if my client has any), seasonal adjustments, advertising expenditures, and other factors pertinent to my specific clients.

Which method is right for you?  Send me an email and let’s figure out how to plan for your company’s future.

 

Great Small Business Saturday

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Small Business Saturday saw a record 112 million shoppers this year, setting a new record for the retail event.  This was a 13% increase over last year’s SBS.

Part of this increase is greater awareness with 72 percent of U.S. consumers now know about Small Business Saturday. That’s a slight uptick from the 70 percent in 2015.  Additionally, almost nine in 10 Americans view small businesses favorably, according to a poll conducted on behalf of the Public Affairs Council.

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