Vita Life Consultancy Business Expert Consultant
As you know, at Vita Life Consultancy Inc., we love to guide you step-by-step through some crucial steps in starting or perfecting your business. Through our various blog posts, our readers have been able to put our advice into practice and have seen real growth in several aspects of their business. This time, in this reading, we will not only feed your intellect with several relevant information but also why a one-on-one with one of our experts can greatly develop your business.
We have listed below, varied reasons to call on our team to grow quickly in business
Starting a Business
Have a new idea? Have you designed an impressive product? It is certainly easy to imagine new business concepts, but it is quite another to begin to implement them. The process of starting a little business turned out to be difficult and risky. Indeed, many aspiring entrepreneurs give up before even tackling the important stages of a perfect business start-up.
There are also those who manage to persist, who continue to move forward despite the difficulty and the obstacles. Those who, are equipped with great qualities of a business boss.
Despite the character of these people, does this guarantee them a place in the business world? According to fundsquire.ca A survey by CBInsights that covered employees and founders from 101 start-ups analyzed the reasons why those companies failed. The main results were as follows:
- 42% of start-up businesses fail because there’s no market need for their services or products.
- 29% failed because they ran out of cash.
- 23% failed because they didn’t have the right team running the business.
- 19% were outcompeted.
- 18% failed because of pricing and cost issues.
- 17% failed because of a poor product offering.
- 17% failed because they lacked a business model.
- 14% failed because of poor marketing.
- 14% failed because they ignored their customers.
Therefore, it is imperative to surround yourself with people with solid experience and team up with people you trust. In short, several factors can influence the direction of your business and to neglect them is to run to failure before you have even started.
Indeed, again according to Fundsquire.ca: 20% of businesses fail in their first year and around 60% will go bankrupt within their first three years.
It is therefore interesting to surround yourself with an expert business consultant to be guided at the beginning of the process: is there a market for your products/services? Is your marketing following the digital trend? Do you have the necessary funds to cover your first costs? How do I register my business when I’m ready? These are questions that our team can answer for you.
Knowledge Is Power: Reading for Start-ups
Optimizing your Business
You have now been sailing on the turbulent waters of the business world for a few months, even a few years, without really knowing which direction you are taking and what the results will be in the end of your destination? It is not uncommon to see some entrepreneurs asking themselves a thousand and one questions at this stage.
If your business has survived until now, that’s fine, but it’s also an important time to review your initial vision, the one you had at the very beginning of this adventure. Did you stray from your original mission?
In short, you will have understood it, at this stage it is necessary to review your recent activities. Doing a detailed analysis of the positives and negatives is an effective way of visualization to be able to restructure and start in the right direction.
To do this, it would be useless to neglect a meeting with one of our experts. This can help you refocus and start again on a well-designed and planned straight line in terms of stages, operations and management.
Upgrade Your Brand
It is not uncommon, even today, to see companies with non-existent identities. Indeed, not only are some brand images outdated but in addition, no branding links their website, their social media, their email header. At Vita Life Consultancy Inc., we make a point of reminding you; the visual image of your business is much needed in 2022.
We always talk about how important branding is for growing your business, and it never hurts to repeat ourselves. According to a stat from tailorbrands.com: You have 7 seconds to make a first impression, so your brand needs to be well-designed from the get-go, with a clear message. With this brief period, you must therefore have a visual identity beyond consumer expectations.
Our team is brimming with creative energy and just waiting to be harnessed. And according to capitalcounselor.com: A person will see a brand image around five to seven times before they recall the brand. Therefore, it is very important to call on professionals. You can learn more about our branding services on this page.
Branding Creation Process
The executives counseling implies added energy for the organization at one point. You can get a unique help with the energy of specialists with alternate points of view. You can’t just rebuild your organization or change a current monetary administration program. As an entrepreneur, you will be relied upon to perform numerous jobs.
On occasion, you will be going about as the virtual head of numerous offices, from promoting to item improvement to IT support. You could likewise see yourself liable for bundling, conveyances, direct client support, and property upkeep. In certain conditions, for example, overseeing and arranging your business funds, it’s ideal to recruit proficient assistance.
Your funds are not to be messed with. Numerous things can turn out badly in a business according to a monetary point of view. Blundering cash, income issues, postponed or over paid merchant accounts make numerous new organizations close. You can counsel a monetary guide to ensure that your business isn’t one of them.
For you to settle on such choices, there should be an issue. Nonetheless, it can’t be said that the answer for the issue is things like this. The administration expert analyzes your organization unbiasedly as an external eye, uncovers your organization’s hierarchical and administrative issues and tries to address them.
Subsequently, it allows you to make a further developed stride outside by tackling the inner issues of your organization. Master the board experts, autonomous of your organization, are keen on diagnosing issues, examining their causes, making suggestions, and conducting proposals.
We would love to collaborate with you on this aspect of your business, see more information here.
With a financial consultant, you can expertly arrange for the monetary prosperity of your business. Also, you can get customized exhortation on contributing to create financial wellbeing with the help of a monetary counsel.
Finance specialists in pretty much every organization center around expanding the net revenue of the foundation with the right and proficient utilization of your capital or potentially pay, procedure and arranging.
Monetary specialists, who likewise get ready for the unforeseen circumstance of the organization, additionally manage emergency management. Financial the board systems are made toward the start of each fiscal year and checked toward the finish of the financial period.
It is inspected whether the decided targets have been conducted or regardless of whether there have been any emergencies past the normal. Inability to appropriately deal with the monetary requirements of the foundation prompts unnecessary getting and expanded interest costs. Interruptions that might happen in this cycle might even lead the organization to liquidation.
Hence, it is valuable to get support from an expert monetary counsel all together not to meet interruptions. It is conceivable with monetary administration that the activity cycles of limited scope or huge scope organizations can continue without interference.
In case of an emergency, the pay stream of the organization is disturbed, so it turns out to be harder to deal with the tasks. All systems are introduced to you with a monetary expert that you will find support from, and you will realize how you can treat that second prior to an emergency happens.
One-on-one Meeting with Business Expert Consultant
Whether it’s during the hatching of a business idea, whether it’s during the process of starting a small or medium-sized business or whether it’s many years later, it is strongly recommended to be surrounded by business experts.
Not only will this help you refocus your company in the right direction and reduce costs, but it will also help you stop asking yourself a thousand and one questions such as: is my branding up to date? Is my marketing budget low?
In short, doing business with one of our consultants can give you peace of mind whether it is for the creation of your project or its development. You want to share your concept with us, contact us here!