In my more than a decade of experience I have worked on either side of the table. From being a consultant to hiring a consultant to running my own business consulting company. I believe you should think more about the things that you should ask the consultant than questions a consultant may ask t...
I'm going to give you a personal experience. I wanted some business experts to join a panel of judges and this was my "execution plan": Research universities and non-profits where this executives or business people give their time. Why? Most successful people that can teach (both are dif...
Usually it comes as "extraordinary events", which it would be a specific line apart in the P&L and would necessary have a note to explain the whole situation and how it won't happen again, and what are you doing to mitigate those risks (this is kind of from an accounting perspective and so you ca...
I live in Brooklyn, NY, which is a really fertile ground for small business retailers. My experience speaking with a lot of the shop owners is that they simply don't have the resources to maintain an online presence. Just keeping the brick and mortar operation running consumes most, if not all of...
I would do another test run to confirm that it wasn't a one-time lucky streak that you hit. These numbers are definitely relevant to investors as they want to know the conversion rates. You should calculate your Customer Acquisition costs as this number will be important to investors. However, lo...
Thank you for asking this question! As someone who has owned multiple small-medium sized businesses, I know the importance of managing purchases in relation to cash flow. I prioritize the following when considering this question in relation to my own businesses. 1. Cash Flow-It is critical that ...
Great question. Happy to have a conversation on this (I currently have a reduced launch rate) and explore your options but here are my top tips. 1) Tailor my advice to your business's niche and obviously look in that area, but for example great cofounders could probably be found as follows - cont...
My go-to is Gun.io. Good experiences all around.
I have built spec houses, built tract houses against contracts, renovated houses and flipped houses. One way to fund projects like this is a rich partner or partners who puts up collateral (like an LC) so that you can borrow to complete your projects. If the first one is successful, you would be ...