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MENTORING OBJECTIVES |
1. To provide small and medium
size businesses and entrepreneurs with consulting
in finding solutions to business problems and/or act
as a coach and help them view a situation objectively.
It is my belief they have most of the answers and
just need guidance in recognizing them. It is a sort
of “They
can’t see the forest because of the trees.”
My 30 plus years in a great variety businesses makes
me uniquely qualified to sort through different problems
and help find solutions.
2.
To be a sounding board for the clients when it is difficult
for them to appraise a situation using contacts they
already have. There can be a variety of reasons for
not discussing a situation with those closer to the
client. Example: One does not normally want to share
financial or other business problems with employees,
friends, customers, suppliers or bankers.
3.
To help the client evaluate the situation and provide
support so that they may act objectively using a rational
approach to their problem(s).
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CONSULTING |
We
provide a consulting service to help our clients,
during troublesome times,
find
solutions to their business problems.
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TURNAROUND |
When a business gets into trouble management
tends to loose focus. Often the situation seems hopeless.
Management is so busy putting out fires that they have
no time to work on solutions to the problems.
What
we do is to perform an objective evaluation of the business
through discussion and questioning of the people in
charge. We look for action that can be taken to deal
with the short-term problems, with the ultimate goal
being a long-term solution.
Most
of the time the management team provides the real discovery.
We have found through the years they have the answers.
What we do is to use our experience to utilize this
information to provide a solution. Working as a team
we then formulate a recovery process.
There
are cases when things have gone too far. Our service
is almost more important in these cases. We help the
principals find the best restructuring or exit plan
possible.
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PROBLEM SOLVING |
This
process is very similar to our Turnaround techniques.
However, usually these are more specific problems that
are troubling the company’s decision-makers. Many
times it is a problem that is difficult to discuss with
other personnel in the business, vendors, customers,
accountants or financial sources. Sometime all that
the client needs to work things out is a sounding board.
This is where we come in. Our services are objective
and completely confidential. We exist for only one purpose,
to help provide answers and solutions.
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| BUSINESS
EVALUATION |
Once
again the process is much like previously described.
However, the objective here is actually different. What
we do is to evaluate a business for strengths and weaknesses
so that the business plan may be tweaked to obtain top
efficiency or avoid possible future problems. If a written
business plan is not in place we help create one. A
working plan need not be a thick volume of rhetoric.
It should provide a short and precise plan of action
with the spreadsheets being the roadmap to your future.
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BUSINESS PLANNING |
Every
business needs a written plan to guide them as they
develop and proceed forward. This plan states where
the company is now, where it wants to be in the future,
how intends to get there and the resources it has to
make it happen. We can help create such a plan. Many
times a plan is needed for banking or investment purposes.
This is a more detailed plan which is created to provide
the targeted group with a view of the company using
a structure needed for them to react upon.
The spreadsheets are the heart of such a plan. They
need to be constructed with realistic numbers and goals.
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BUSINESS VALUATION |
This
service is provided for businesses wanting to get an
idea of what their company is worth. The valuation process
was created from three different recognized valuation
techniques. Valuations can only be the guideline. We
believe out process will provide an objective measure
of your businesses value.
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BUSINESS BALANCE SHEET RESTRUCTURING |
What
we can provide under certain circumstances is for a
company to change their RED
ink to BLACK. In other words change the balance sheet
from negative to positive. This is done by altering
the assets and liabilities. We can provide more detail
upon request.
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BUSINESS FINANCING |
We
have been involved in direct and indirect raising of
funds through the years. However, the service we presently
provide is guidance. Guidance in how to possibly raise
funds. Guidance in how to avoid the many “front-money”
brokers that provide little or nothing. Guidance on
where to look in places that fit your business’s
qualifications. Guidance as to whether or not you need
outside funding. Guidance to work with what you have
to generate working capital. Most importantly a direct
(possibly painful) opinion of what your chances are
of obtaining funding.
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Do We Provide All These Services? |
Through
over 30 year of experience in a wide variety of businesses
and even more experience in entrepreneurial enterprises,
we have determined that all the above services are tightly
interwoven. Business is all basically the same, only
adjustments for the idiosyncrasys of each industry or
service need be applied.
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Why Give Innovative Mentoring The Chance To Serve You?
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If you have read this far
it is obvious you already feel the need for our services.
We have designed the most risk free way to determine
if you feel you can use our services.
1.
The first consultation is FREE! You can decide whether
or not to continue without obligation.
2. If you decide to continue the initial fee is only
$300. Of this initial retainer $100 will be applied
to our evaluation and investigative time off the phone.
The balance of $200 will be applied to future telephone
consultations at the regular rate of $2.50 per minute.
This initial retainer is non-refundable.
3. The on going services for telephone consultation
is $2.50 per minute. All charges are included the telephone
discussions unless the client is otherwise informed.
Ongoing retainers are refundable subject to the open
balance. This is less than most of those more questionable
phone services and our service should be a lot more
productive.
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