Vittakosh is an outcome of a notion – a belief that we can and ethical practices.
New businesses usually face the heat of the scorching heat that is entrepreneurship. About 90% of start-ups fail, so, it becomes essential to tread lightly and get all the support possible.
To have a Start-up Advisor can be the Godfather you look up to for honest opinions and guidance. You are offered prudent expertise and support to enhance your business’s performance. They can even be brought in to solve a crisis, review your business plan, compare it with your goals, and tweak it or suggest ways to improve your chances of success.
A crucial function a Start-up Advisor performs is researching the market in which their client is investing. This research would include – industry projections, customer needs, competitor analysis, market environment, supplementary products, demand, supply and so on. This data is an essential asset for all because it acts like a cheat sheet to make a better decision without having to face the brunt of the market.
Start-up Advisors always keep up with the market trends; they understand the market conditions and how best these can be used to their client’s advantage.
Start-ups are immersed in fixing their internal issues and discussing internal dilemmas. They forget about external factors. Moreover, people can be partial towards a colleague and vice versa. Start-up Advisors are impartial and provide a logical explanation behind every decision and suggestion. Their external outlook helps in seeing the big picture and overcoming challenges.
In essence, they treat your organization as a part of a much larger ecosystem and share realistic insights that keep you in the game for the long run.
It is usually not feasible for start-ups to bring in full-time, highly experienced talent due to resource constraints. Start-up Advisors can be of immense help because they get years of industry knowledge and training, both of which you can utilize to move your business forward.
A professional consultant will help you plan and implement growth opportunities and, in the process, adapt to the businesses changing requirements. This also helps save costs as under the direction of the consultant, and the organization will only make sound decisions.
In business who you know is pretty pivotal, not just what you know. Growth development firms typically have access to a wide range of valuable resources, and these include subscriptions to the most recent market research, cutting-edge tools and even contacts to the right people. Consultants are experts in their field and likely have years of professional experience in the industry. Start-up consultants can get you in touch with valuable contacts that can help scale up your start-up and lead to positive business growth.
When you are on your own, it will take you years to gain access to such vital resources that have the power to change the course of your business for good.
Most start-ups don’t have a concrete roadmap or even objectives to begin things; hence, this remains a significant hurdle for a new business. A Start-up Advisor will create a strategic plan and a roadmap for your business.
To assist businesses in growing and achieving their goals, Start-up Advisory firms take the time and effort to learn about their clients’ struggles and needs and then tailor their advice, and strategic action plans to their specific clients’ challenges and goals. Furthermore, they take a results-oriented approach to assisting start-ups in setting the appropriate goals and milestones.
Founders of new businesses begin the journey of entrepreneurship with an idea and may not know the suitable sources of funding. A Start-up Advisor understands investor psychology to give your start-up or business idea the ability to scale up and perhaps even one day turn into a large organization. As well as focusing on start-up valuation and due diligence can help you navigate any complicated financial narrative, making you ready for investments and the responsibilities that come along the way.
Start-up consultants can help you take each step toward this stage with confidence. With the support and guidance of Start-up Advisors, you can avoid the common pitfalls start-up founders often make. These experts, can help you become one of the start-ups that make it into a healthy and prosperous business.
Vittakosh provides a plethora of services, and one of them is Start-up Advisory. Having already helped countless start-ups, we possess the skills to deal with various industries, markets, businesses and situations. Our team comprises members with different skills, with everyday things being experience and effectiveness. If you are a start-up, contact us. We will help you be among the 10% of start-ups that prosper.
Vittakosh is an outcome of a notion – a belief that we can and ethical practices.