admin July 7, 2020 0 Comments

You can talk to an incubation advisor like us who can handhold a new venture/entrepreneur with the following:vetting your idea, its feasibility (advise to drop if not feasible)guiding you to do market research, product assessmentadvise on the financial forecast, investments, returns,

admin July 7, 2020 0 Comments

Components for setting management direction:Customer Need Proposition & its continuous changeTechnological upgradations in the field of operationSectoral changes that define group transitionEconomic fundamentals and demand drivers progressionProduct improvements and upgradationsfinancial performance to better profits & cashflowsWhat should

admin July 7, 2020 0 Comments

A very simplified approach because you were asking for a startup. I think the following should suffice. you should start with a brief financial forecast (preferably monthly) for the next 3 year as follows:SalesDirect Costs (Raw Material,

admin July 7, 2020 0 Comments

To streamline your business or financial system, streamline your Chart of Accounts first. it is the most powerful system in your business which generally is not given the importance it deserves.Chart of Accounts - is a method of designing your ledger

admin July 7, 2020 0 Comments

I notice most of the startups face the following problems during my advisory in incubation:Non-Clarity on the product & its needright pricing and costing estimationsnot estimating working capital requirementsmaking very optimistic assumptionsplunge with emotion than factual forecastnot