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Campaign Management

How do you ask an expert consultant like yourselves for tips or guidance on an idea you have, without said consultant stealing said concept or idea?

10

Answers

Donald Barrick

Startups/Troubleshooting Expert; Business Sales

A great concept is to trust no one! But it depends on your idea, as to what can be stolen and how to safeguard it. We are dealing with an extremely delicate situation right now, where we are selling the "concept", without giving away the technical details that would compromise the sensitive information. If your concept is that sensitive, I would get an attorney to provide you with a Non-Disclosure/Non-Compete Agreement for your consultant to sign, before sharing information with him/her. Contact us for further clarification, if you wish.

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David Favor

Fractional CTO

List the items on Amazon or EBay. Sales will be faster.

Christy Norfleet

Entrepreneur

A company can issue common stock through an initial public offering (IPO) or by issuing additional shares into the capital markets. Either way, the money that is provided by investors that purchase the shares are used to fund capital initiatives. In return for providing capital, investors demand a return on their investment (ROI) which is a cost of equity to a business. The return on investment can usually be provided to stock investors by paying dividends or by effectively managing the company’s resources so as to increase the value of the shares held by these investors. One drawback for this source of capital funding is that issuing additional funds in the markets dilutes the holdings of existing shareholders as their proportional ownership and voting influence within the company will be reduced. Capital funding can also be gotten by issuing corporate bonds to retail and institutional investors. When companies issue bonds, they are in effect, borrowing from investors who are compensated with semi-annual coupon payments until the bond matures. The coupon rate on a bond represents the cost of debt to the issuing company. In addition, bond investors may be able to purchase a bond at a discount, and the face value of the bond will be repaid when it matures. For example, an investor who purchases a bond for $910, will receive a payment of $1,000 when the bond matures. Capital funding through debt can also be raised by taking out loans from banks or other commercial lending institutions. These loans are recorded as long-term liabilities on a company’s balance sheet, and decrease as the loan is gradually paid off. The cost of borrowing the loan is the interest rate that the bank charges the company. The interest payments that the company makes to its lenders is considered an expense in the income statement, which means pre-tax profits will be lower. While a company is not obligated to make payments to its shareholders, it must fulfill its interest and coupon payment obligations to its bondholders and lenders, making capital funding through debt a more expensive alternative than through equity. However, in the event that a company goes bankrupt and has its assets liquidated, its creditors will be paid off first before shareholders are considered. There are companies that exist for the sole purpose of providing capital funding to businesses. Such a company might specialize in funding a specific category of companies, such as healthcare companies, or a specific type of company, such as assisted living facilities. The capital funding company might also operate to only provide short-term financing and/or long-term financing to a business. These companies, such as venture capitalists, could also choose to focus on funding a certain stage of the business, such as a business that is just starting up.

Kerby Meyers

Strategic thinker and communicator, author

Hi: Sounds like some great progress, especially since there's been interaction with potential customers. Frankly, the best route for pre-seed funding would be friends and family. The team will learn how to develop a pitch and give that pitch in a somewhat "safer" environment. Plus, after they land the investments, they'll be able to point to fundraising success when they do eventually go to angel investors, who will be more receptive to a more advanced business. Another option is getting into an accelerator program, which will ideally teach as much about building the business as it does in providing $, but that will take a separate commitment of time and resources to apply, get in and complete the program. If you wish to discuss, send me a PM through Clarity for 15 free minutes. Cheers, Kerby

Dr. Shishir

Angel Investment, Venture Capital, Idea Validation

Evaluating a prospective investment requires getting to know a company over time. There are four main stages of evaluation: a) The “first read” (which can be an instant reaction to determine whether the deal matches the firm’s strategy), b) The first meeting (in which the team can be evaluated in person or over the phone, and questions can be asked about the company’s resources and business plan), c) Preliminary due diligence (which includes assessing whether there is a market for the company’s solution, competition, basic financial analysis, and initial customer and management references), and d) Full due diligence (a deeper dive into all aspects of the company’s operations and plan, culminating in an “investment memo” or “investment decision” presentation for approval by the partnership). It’s normal to identify possible deal terms, including valuation, to complete an investment memorandum. Feel free to setup a call if you wish to learn more.

David Favor

Fractional CTO

For home services, Fridge Magnets are hands down the best marketing tool. US average is every person in a household visits their fridge 13x times daily, so 13x * 365 days/year == 4745 impressions for <$5 one time fee to have magnet manufactured + mailed to homes. Talk with people familiar with copy writing for magnets. Once you get this system working, you'll likely put me on your Christmas list, because of all the marketing money you'll save.

KJ

Affiliate Marketing expert

You can't do that with bemob , you will have to use analytics or other 3rd party tools ..

Umar Farooq

Business Lawyer

On possible solution is to set up a joint venture company in Australia in which the US Co is a shareholder so you can maintain and parent subsidiary relationship and keep accounts separately as well. Let me know if you want to discuss further. Regards Umar

Asif Osman

Experienced manager and startup founder in GCC.

You've already received a lot of good ideas and suggestions and I've looked at your website. I suggest you add a "How it works" one minute video. Also I clicked the samples section and I still couldn't get it. If you are looking for people who would sell your product on a commission basis, that is possible but not easy. Feel free to get in touch.

Islam Albelbesy

Clarity Expert

Let's first of all position who are the audiences for an Immigration Firm. If we classified immigration into: 1- Skilled immigration (Employees), and 2- Business Immigration (Investors) Skilled Immigration fees are affordable and due to the high competition the Professional Fees are competitive and payment plans are there to attract more clients. HINT: Despite that, Applicants have to conduct an overall check up about the credibility of their meant immigration consultants. On the other hand, Business Immigration which involves a bigger amounts of fees and investment are treated somehow different. As per the country of destination and the route of immigration which is almost limited between Property Investment, Financial Instruments Investment and Donation varieties of payments plans are offered to attract Investors. In other words, Legal Fees and Processing Fees are considered as a small portion of the Deal which doesn't shape a concern to Migrant Investors rather than the tool used for immigration and the success rate of that firm. HINT: When choosing an immigration program it is preferable not to pick Immigration firms relying only on RCBI programs (Residency & Citizenship by Investment) as the risk lies in the project continuity as per the demand which to some extent can delay the whole immigration files under that project.

Dimitar Dimitrov

CEO/CTO, SaaS Marketing, Business and R&D

As the business or product is not described, I will answer it for a general SaaS product. Think from the reseller's point of view. Why will you try to sell it to your community (users/clients/followers). Don't think only about revenue opportunities, but opportunities at all. 1. Commissions, first line of support (any professional task, they can do themselves) - yes, when talking about revenue, if you are thinking of other opportunities, going further should be quite business specific. You already have the general stuff. 2. Value to community - they want to be seen as giving value. So you will need to provide an intensive like a further discount (for the 1st year). Or make a split discount/commission offer, and the reseller can decide on the amounts. 3. Freebies - related to above, you can provide some free stuff, just for their community (e.g. eBooks, free pro advice, tailored to the business). 4. Tailored offers - you can provide offers, tailored to the community of the reseller. Have a landing page, just for them. Tailoring needs to be cost effective, until the channel proves traction! The reseller will be happy to present content, tailored to his community.

Real Estate Investment

What is a good UK monthly REIT investment?

3

Answers

Rajvir Singh

Clarity Expert

3 embarrassingly cheap REITs with yields of up to 8.8% 1 -Landsec 2- Hammerson 3 -Intu

sayed shahnur

A business growth and digital marketing expert

Hi There, Your question is related to a very popular topic which is email list building. This is an area where maximum marketers strugle at the start. It is because building a big and responsive email list is not straight forward. Customers are getting skeptic every day. They take maximum 5 seconds to judge a landing page or to connect with it. It could be even 2 seconds. So thats all you have to convince the visitor to opt-in. Now I could have helped you better if I could see your landing page. But here are some times which you may help you- 1: Asses the visual appearance of your landing page. Is it connecting or appealing to your audience? Or its just a random landing page having few contents and a subscription box. 2: The headline, sub headline and subscription box copies. Are they creating hype, expectations, interest to the visitor? Without hype or interest, visitors wont opt-in 3: Are you delivering what you promised on the landing page? if so how long you are taking? are you emailing them with bribe contents or giving a discount or it is for newsletters? 4: Are you driving traffic to your landing page only from social media? If so does the landing page matches to the click channel like post on social media or whatever you are using? Not having a domain restricts you to drive traffic from various places. But having a landing page should generate you some good amount of leads too. But if it is not optimized in terms of appearance, visuals, contents and forms it wont help. Share your landing page URL. I think I will be able to help you further.

Faiyaz Sami

Digital Marketer, Ad Creator and Top Writer

1. I would recommend having your own website for for writing these blogs. Also, try to have a booking or appointment option on your website so that people can see a clear "call to action" when they are on your website. 2. At the same time, make sure you publish these blogs as articles on LinkedIn. 3. Answer some related questions on the subject matter on Quora, Reddit, and Twitter and be very unselfish about it. 4. Scheduling free calls on Clarity is also a very good idea. Start consulting for free and before you know it, you will get paid customers through these channels. 5. If you have the budget, make vlogs on Facebook, Instagram, and YouTube about your investment success stories or winning formulas. I hope these help! Thank you!

Dimitar Dimitrov

CEO/CTO, SaaS Marketing, Business and R&D

Short answer is that you do not, unless you have presence, defined as nexus in the US. You can read yourself in the many cases you are considered to have nexus from this source: https://www.webretailer.com/lean-commerce/us-sales-tax-ecommerce/ The definition is quite wide and varies between jurisdictions. If your main business will be in the US, my advice is once you get high US traction, to get a local company in a low tax jurisdiction. Check Stripe Atlas for Delaware companies registration for a start: https://stripe.com/atlas First you will have local presence and more trust, second you will avoid risking a drastic decision affecting international sales, which we all see can happen really fast these days.

Jesse DeStasio

Entertainment Licensing & Toy Design

Email, with a request for a phone call.

Delilah Taylor

Confidence Coach, Certified Hypnotist

VP of Logistics? Executive Officer Of Planning and Projects? And if you are concerned that one person can do it all there is the possibility to hire one as the senior exec with a secondary as junior exec.

Delilah Taylor

Confidence Coach, Certified Hypnotist

After looking over your site I think the answer might be staring you in the face. You have a ton of people and businesses on your site that can be monetized 100 different ways beyond selling ad space. Just to name a few off the top of my head. 1. Run a webinar selling a high ticket program for all the freebie, individual and job seekers - net $20k + 2. Contact business accounts and offer added incentives if they purchase a lifetime account - net $50k + Get a massive cash fuel influx within a week. I can help you set all this up from strategies, logistics to fruition. I'm very excited to help you. Call me so we can get working on this together and make a reality by next week.

Gururaj S

7 years experienced Technical Expert for computers

Please refer this link to know about the Amazon policy's https://sellercentral.amazon.in/gp/help/external/G1791?language=en_IN

Dimitar Dimitrov

CEO/CTO, SaaS Marketing, Business and R&D

The questions seem quite open. Usually funds and serious institutions place description of the required fields, or at least underlined examples of what they expect. You have answered the questions above, although I suggest structuring it and revising it. Have someone within the details of the business look at. E.g. your platform is currently operating. Not even sure what operating is. It can be operating on your computer at home. It can be deployed on a cloud infrastructure and used by thousands/millions. Built out is not really a term I would use. What is 'the technology", what part it is from the platform. Write it in a way, so the person on the other side doesn't ask those questions, and understands where you are. Further: in the ownership of IP you mention patents. If you really have it, you should also list in in IP protection part. Number 4 is again a little bit open, but what they mean is an obligation of any kind. Starting from loans, any type of obligating contracts with 3rd parties, employees or others. E.g. a contract that states: I will help you raise this fund, and when you do, you will give me 50%. Number 5 most likely refers to how do you plan to expand your IP (not only the protected one). Build more features to your software, add more products. Hope this helps.

Lance McNeill

Coaching you along your entrepreneurial journey

What tactics have you already tried? Is there a way to co-create some new expectations going forward? For example, are each of your roles and responsibilities outlined in writing? Would your partner be open to creating a new partnership agreement around agreed upon roles and responsibilities? Perhaps a facilitation of this conversation between the two of you would help. A business coach could serve as a neutral third party and help you find a mutually beneficial solution.

Jason Knott

International Tax Attorney and U.S. CPA

A new C corporation formed within the U.S. must file a federal income tax return (Form 1120) on an annual basis. The corporation may have to file a state corporate income tax return depending upon the state of incorporation and from which state the corporation operates. Income tax filings are generally required even if the corporation has no revenue, expenses or net income. If your corporation has no revenue for the first year, but it has operating expenses, the corporation is likely in a net operating loss position. You will want to file a tax return in order to preserve these losses and carry forward the losses to future tax years in order to offset future taxable income.

Jacob Ronnie

M&A, Raising Capital, Strategic Advisory

Hi - so happy to hear your company is growing so well in a very advanced field. From my experience please consider the following. (I can email you additional things but here are key concepts) 1. Intellectual Property Is your "old" IP properly protected as you enter the JV? Now what happens to the new IP, is it shared? 2. Brand Do you maintain control of your brand in the JV? What is the branding of the new JV? 3. Scope of Work You must always have a proper scope of work defined in a JV, otherwise it opens up possible issues for you and the other party when one party deviates 4. Dissolution of JV How do you get out of a JV if you want to? Is it automatic triggers, is there an exit clause? Hope this helps!

David Favor

Fractional CTO

I build API systems daily for myself + clients. Also other on-demand non-API systems. To provide you an answer requires a starting point + gathering a good bit of context. Best if you book calls with me + other people who build this type of software daily. Tip: Here's how I approach this for myself + clients. Whatever code I develop, evolves through stages, which self fund the project. In other words, every month of development must produce income the next month greater than last month's dev cost. So if month one's estimate is $10K of dev work, this work only starts when there's a clear path to the $10K of work generating $20K of income next month. My suggestion. If you can't come up with a clear plan to have income grow fast enough to immediately cover all development cost, get a new idea. Hint: Most projects I do for myself + clients at this point use a pre sale model. So, someone (client, myself, many people) market the product at a discount for a small number of users to be in the alpha + beta stages of release. Sometimes this can generate... well... substantial income... This also gives a massive window of debugging, where development + debugging costs are covered. Think of this as a Kickstarter project where money comes in, sometimes for many months or a year at a discount. So if your service will run $100/month, pre sell a $1200 package for 2-3 years, rather than the normal year of coverage. To do this you must be clear with participants... 1) There will be problems to wring out of code. 2) You must be clear you can code some sort of product in a few weeks, to provide some sort of deliverable. 3) Don't spend all the money, so you can do instant refunds for participants who loose patience with alpha/beta code quality. This approach works super well.

Yasmine Khater

Sales Strategist

The starting point is always getting clear about the problem. What does you new word press product actually do and what problem does it solve for people? I am an online sales strategist so can help set up your email marketing, build the strategy and help you source the best people to get it done. Happy to have a chat and better understand if I can help you.

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