Start-up

Converting the business idea into a viable business model considering

  • Customer segments addressed
  • Mode for reaching identified target audience
  • Pricing to start with and future considering competitive landscape

 Detailed implementation planning would involve

  • Detailed market study for sizing and market entry prioritization
  • Resource dimensioning
  • Assistance on resource mapping and skill development
  • Branding and marketing assistance

Logical next step in converting research learnings and business modelling to an actionable plan for execution. This involved work of business planning would facilitate

  • Preparing for execution with clearly articulated opportunities and challenges
  • Providing right guide posts to evaluate progress
  • Investor pitch

To execute on the strategy having the right tools is critical.

  • Systems and process design for each area
  • Cost effective application tools for effective operations
  • Technology expertise in both product and IT

Assistance in this area would enable start-ups to focus on product and strategy execution. The areas of service offered here would be

  • Equity and debt funding closures
  • Finance systems creation and outsourcing accounting function to ThinksynQ
  • Legal and compliance assistance from outside experts

The service here can be either consultative or outsourced or combination of both

  • Payroll outsourcing
  • Organization structure design
  • Coaching and training

Family Business

  • Creation of family council to jointly manage overall family business – role, process, action & decision making
  • Dispute resolution amongst members of family
  • Transition process management, including coaching of next generation to seamlessly take over business
  • Family settlement where dispute resolution is not working
  • Introduction of systems & processes to ensure adequate reporting. Removing lack of understanding in areas managed by other members of the family
  • Family members’ compensation and profit sharing methodologies
family-business