Startup Advisory Services
What are the Benefits of Working with our Startup Advisor?
There are several ways in which a our business startup advisor may bring value to your business and help it scale. Here are just a few of the reasons that come to mind:
Knowledge and skills that you do not possess
Our startup advisor becomes a mentor for you and your business. He can share his experience and deep knowledge. You can always ask for advice and discuss all the pressing problems associated with your project from legal, financial, operational as well as strategic perspectives.
Close and valuable connections
Our business startup advisors will be able to open doors for you and your company to the world of investors, partners and other important people who will help your startup grow.
Ongoing support
You get a friend with a startup advisor on board who will be with you constantly through hard times. An expert will enable you to prevent severe mistakes throughout your project development and enhance your success chances.
Business Incubation
Business incubation will help to cultivate new and start-up companies to be established in the market by providing integrated services including but not limited to serviced office spaces, business consultancy, and corporate services.
We help nurture and guide ideas into start-up companies
How we support you in scaling up your startup to the next level of growth & success
Business incubation will help to cultivate new and start-up companies to be established in the market by providing integrated services including but not limited to serviced office spaces, business consultancy, and corporate services.
We help nurture and guide ideas into start-up companies.
- Our startup advisory experts helps startups complete strategic tasks from the area in which the team lacks competence: industrial, technological, financial, geographic, etc.
- The classical startup formula is a high potential for development, compounded by a lack of expertise, skills and resources. You should know the market well, decide quickly, have valuable connections, and build company processes efficiently to get started.
- However, the young company does not have the opportunity to hire all the specialists necessary for this. And by doing everything on their own, the founders make thousands of common mistakes, because of which 90% of startups fail. You can get the missing knowledge and competencies without spending a fortune by contacting an advisor.
How Can our Start-up Advisory Specialists help your Project?
Our startup advisor is a quite valuable link in startups. This person is useful both for startups just beginning their development path and those who have already started to transform their idea into reality. Let’s consider how advisors can help your project.
For a new idea
- Startups that are just starting to develop need a startup advisor the most. Usually, such companies do not have the necessary expertise in all areas critical to building a business.
- An advisor offers deep industry knowledge or skills and talents that you don’t have. A valuable advisor is someone who complements you, expands your expertise, and compensates for your shortcomings.
Our Startup advisors can provide young companies with
- Networking with necessary business professionals for your company business people;
- Marketing tips;
- Connecting with potential investors;
- Product Development Tips;
- Team Building Tips.
- The advisor is also an excellent decision-maker. Based on experience and awareness, the specialist can help you choose the most suitable option for your project in any matter.
- Also, a business startup advisor can help you during the hiring process. Startup advisors usually know what kind of people companies need and what skills and expertise they need to provide.
- An advisor can help you create a strong team that will successfully develop any kind of project. An expert can provide you with pricing policy, accounting and legal advice as well.
For the current product
- Our startup advisor is also vital for companies that already have a product. An advisor can open doors for your company and product to potential partners, investors, service vendors and key personnel simply by introducing you to the right people.
- For startups that are engaged in complex technology products, involving a startup advisor to the team is a must before going to an investor.
- A Startup advisor can provide companies with:
- Strategy for product scaling;
- Marketing and automation advice;
- Advice on how to enter new markets.
- Moreover, business startup advisors may use some international expansion methods to make your product known to the whole world.
How our Start-up Advisors Work
Startup Advisor: Project & Business Planning
After studying the idea, project and startup opportunities, the startup advisor provides project and business planning. The specialist helps to put everything in its place and plan all business processes. Planning helps to understand what budget and how much time is needed to complete the project.
For a person who already has experience in products and working with them, namely for a startup advisor, the business can be divided into 4 areas:
- The owner. An advisor acts as a general manager and the decision-maker.
- Sales. The specialist evaluates how everything works and how to do this process better.
- Development and growth strategy.
- People. Startup advisors help in evaluation and hiring.
- Around these 4 areas, planning takes place.
Startup Advisor: Project Auditing
After studying the idea, project and startup opportunities, the startup advisProject audit is helpful at an early stage in the development of a company. Even at the pre-seed stage, an experienced auditor will understand whether the startup has a future, if it maintains the current vector of development, and what needs to be adjusted for the project to become successful. As a result, the startup can save time by avoiding mistakes.
Startup advisor can help find out:
- does the market need your product;
- how much investment needs to be attracted;
- where exactly investments should be directed;
- does the team have enough competencies;
- how well the business model is worked out.
- The business startup advisor will identify the weaknesses of the project and give recommendations that will point the startup in the right direction and save it from mistakes.
Startup Advisor: Hiring process
- Finding the right and talented employees is not easy. Startup business advisors can provide support in finding skilled professionals and help with such processes:
- compilation of a list of requirements for future employees;
- recommendations for search channels;
- creation of test tasks;
- conducting interviews;
- defining and managing KPI;
- assessing lack of competence;
- offering their own search channels for hiring new employees
- Moreover, a startup adviser will help with hiring specialists for marketing, finance and legal departments.
Startup Advisor: Product design
- One of the startup advisor responsibilities is product design assessment and analysis. They help:
- evaluate design team members and how well they are doing their job;
- build a good environment for design development;
- evaluate wireframes;
- evaluate the design;
- evaluate the logic of the product.
- An advisor’s primary tasks include identifying the problem, developing the method for fixing it, and assembling a design team. An advisor may help with consumer research, focusing on solving the problem and encouraging empathy for the target audience.
- They may assist in narrowing the scope of work, prioritizing the feature set, and developing a product roadmap that satisfies both company’s goals and customer demands.
Startup Advisor: Development Process
During the product development stage, the startup advisor supports the development team and ensures everything is done at the best possible level.
What exactly does the advisor do at this stage?
- An expert advises and tests the existing team.
- An advisor helps find new people at the product development stage.
- He advises how to manage the development process
- The startup advisor provides checklists and examples.
- He can help with choosing the right technology stack.
Startup Advisor: MVP creation
- To create a great and efficient MVP, startup advisor can help:
- hire new team members;
- set an MVP checklist (the most important questions you need to have answers to);
- define core functionality;
- cover three essential areas:reliability, usability, user experience;
- adjust the design and development process;
- define main features;
- conduct testing;
- analyze the results.
Startup Advisor: Pitching
- Fundraising from investors is a time-consuming and challenging process. As a result, it is critical for a business to develop a strong investor pitch deck by telling a compelling and intriguing tale.
- One of the advisor’s roles is to assist in creating a pitch deck. A good expert will help your company win the hearts of investors and make them believe in your project. Experienced advisors know what investors want to see and hear, so it is not difficult for them to create a pitch deck, which will contain the most important, relevant, and most importantly, valuable information for future investors.
Startup Advisor: Investor searching
- Also, our startup advisors know where to look for investors. They can help in the search as well as in the selection. Experienced advisors know which search channels to use and how to contact potential investors.
- In addition, business advisors can help with negotiations. Investors need a special approach. An advisor is exactly the person who knows how to get the investor’s favor for the project and get investments.
Startup Advisor: Project Scaling
- Startup business advisors provide support after the product is released. During project scaling, they can help:
- receive funding for future development;
- get rid of processes that don’t work anymore;
- automate processes to make them more effective;
- create a marketing strategy;
- solve technical and design issues;
- create a scaling strategy.
- Our startup advisor can also share his experience on how everything in large companies should work. Moreover, they help build a corporate culture that is extremely important. Scaling your project may be difficult. However, if you employ a startup adviser to guide you through the process, you can make it smoother and less stressful.
Startup Financial Planning & Analysis Advisor:
This is one of core area where start-ups need support as most of them are unable to afford full time CFOs or Financial Planning & Analysis experts.
We provide complete financial planning and analysis as well as fractional CFO services to aid effective decision making under different business scenarios, ranging from product pricing, costing to capital investment decision and planning, ensuring the financial success of the business.