The application you're describing is probably useful, and can probably be sold... but that's not the question :) The question is what it will cost you to acquire a new customer, and what you can charge that customer. Before actually BUILDING this thing, see if you can get 10 potential customers...
Was this covered in the letter of intent? If this is the first draft, it should be able to be negotiated, but realize that the valuation should change, based on a reduction of assets included in the sale. Be prepared to extend the negotiation period by possibly quite a bit of time, or a rejecti...
I would create the best geo-targeted group blog for a specific large metro. (And then roll them out across the country or even around the world.) What most businesses need is a way to reach their local target audience. When you create the very best local site that can be grown organically offline...
Probably not the answer you're looking for, but companies have so many unimplemented ideas that the likelihood of partnering to implement someone else's idea is really low. And besides which, the idea is not something that has much value in and of itself. If you're passionate in the idea, bui...
Very unique question !! Haven't heard anyone raising this !! I do strategic IT initiatives and teach Intra-preneurship in corporate IT teams. We have Lull times too - Christmas, Thanksgiving with vacations and low loads. The best activity to do in this period is "IMPROVE YOUR BOTTOM LINE GROWTH...
Its really tough to mention the best. I have a long list of US/UK based M&A, PE and VC firms list with direct contact information of key personnel. If you are interested, I can send them over to you for quick research. Thanks
Hello, first you have to detect the main problem with collection, it is time?, it is collection costs?, it is lack of cash flow?
Established businesses and/or indirect competitors will most probably not bother getting into a partnership with you, at least until you start having some traction and results. Many startups have the ambition that they will build great partnerships starting from day one and they often get dissapo...
Before you weigh the pros and cons of different platforms structures it's important to think about who your customers are and how you want the business to grow. I help companies find their most profitable customers and have worked with pre-revenue to high-growth $70M+ companies in the SaaS, con...
First, when you make enough sales face-to-face, hire someone to manage social media for you. You don't have to do it like everyone else, but you need to have a presence online to be a serious contender in the marketplace. Even people who meet you face-to-face may be less enthusiastic about buying...