Hi there, If you spend money with a service provider then your expense is their income. If you claim that your time over the years was an expense that added to the capital cost of your business, then who claimed that amount as income? If you try to do this, then a tax auditor may try to look t...
This is a tricky question for anyone to answer - not due to its brevity, but rather because of how specific this will be to your company and your objectives. Early-stage companies are deeply personal. A good place to start is to figure out just how important the benefits of this accelerator wou...
I would say you have a few options, message me if you want to chat about it in detail.
It's always better to be great at 1 thing, then average at everything. You can still offer multiple services, but you REALLY want to push 1 as what you are best at. There are a couple factors that go into which one specifically you should choose. Message me if you want to go into more detail.
It's not entirely clear what your situation is, but there are a few possibilities. If you have only a prototype, but the ability (including capital) to manufacture it and you are seeking to be on their shelves, then you'd be dealing with the appropriate category buyer. But your odds are quite l...
You can try to sell to companies in the space, or angel investors looking to add an asset to an existing startup. If you have data that shows your platform works then it will go well. If not it's still possible, just a bit harder... let me know if you want to chat in more detail about it
Is it possible the two bank folks are saying the same thing about you and your singular focus on the application? That you don’t have the same depth of understanding on what it takes to make money? Diverse skillsets on a team will occasionally lead to operational disconnects because everyone bri...
Great question! I've said it before and I'll say it again: Asia is growth and you cannot afford to not have an Asia growth strategy, regardless of the size of your company. I've been based here in Singapore for nearly 5 years and have observed how Singapore's leaders have worked hard to position ...
Hi there. I work with people around the world to help them buy and sell businesses. I've been involved in the re-sale of dozens of franchises. I would recommend you read my 2015 book Franchise Warnings. It contains a section on business valuation where I compare an independent business vs. ...
Your question seems a bit too general to give a good answer without anymore context. If you are talking about skills for a specific job or industry, then following and talking with industry experts is enough. If you are talking about trends to help with your own business, then obviously it depend...