Our service includes a comprehensive consultation to help identify gaps and  opportunities, a comprehensive report that includes a project plan with  timelines and milestones, a cost analysis, and a schedule. We also offer  a suite of quality products that will help you get there quickly and  smoothly. That’s how we ensure your success.

 KETING | 9 MIN READ

Written by Lindsay Kolowich

@lkolow

In the first few years of business, small companies come up against a lot of different challenges. Some are harder than others to overcome -- and according to the U.S. Bureau of Labor Statistics, about 20% of small businesses fail by the end of their first year. By the end of their fifth year, 50% go under; and by the tenth year, that number rises to 80%.

With survival rates like that, it's easy to understand why folks face the first few years of business with trepidation. But in fact, many common business problems and challenges are actually fixable, from difficulty finding customers, generating leads, and building an email list, all the way to hiring the right people and balancing quality and growth. Many times, you'll find you need to take a step back, take the time to understand the pain points you're feeling, and re-think your strategy.

Here are six challenges every small business faces, along with some tactical advice about how to fix them. (And if one of the challenges you're facing is growing your email lists and generating leads, then be sure to watch our workshop on how to do just that.)

Mission statements – Most turnaround and efficiency experts shy away from up starts and small businesses with a valuation of less than $250,000. Statistics and industry data suggest to us that these are the most vulnerable and  undercapitalized businesses. For us, this is our sweet spot.  Our mission is to commit to the small businesses with the least  resources and capital for growth. Our investment and outlook is long term. Our experience has taught us that, in this  competitive space that those companies that are overlooked and least helped are  eventually the ones that will be undividedly  committed to us as a growth-business.  This is our business model for success. It works and has been proven with data.  

Company policies – In our efforts to turn around a company that would otherwise struggle, we make sure they understand that the art, science and policy of unquestioned ethics is a must and essential for an attempt at business vitality. Employee appreciation is the most overlooked investment a company can make as start-up or mature company.  We help our client/company partner institute critical  employee behavior, interaction, and involvement programs..Surveys suggest that employee and employer interaction is crucial in the over all operations and dynamics of the business long term viability and vibrancy.

Executive profiles – We recruit personnel with skill sets that have been tested to contribute the primed and programmed to the growth and sustainability of our business/client partners. We are also a company thainsinuateses a strong human resource personnel that we can consult with for our partner/client for future employment needs. .A company is only as strong as its executive leadership. This is a good place to show off who’s occupying the corner offices. 

Our executives bring to our business turn around an invigorating effort with their background of commercial financing, and business taxation. With these backgrounds, we are also plug into outside counsel that we consult with to navigate potential legal issues. We, as a specialty company bring these strengths to bear to realize the optimum operations for all of our Client/Business partners.. Our service includes a comprehensive consultation to help identify gaps and  opportunities, a comprehensive report that includes a project plan with  timelines and milestones, a cost analysis, and a schedule for ultimate profitability. We also offer  a suite of quality products that will help a company get a level of profitability quickly and  smoothly. That’s how we ensure your success.