Situation
Our client was an up-and-coming high tech, financial business possessing a viable business concept with aspirations of increased growth. The company aimed to acquire the necessary venture capital to increase the size of the business.
Challenges
The main challenges we faced on this project included:
- Helping the client attain the necessary capital in a given time frame
- Ensuring the client’s business plan was both feasible and designed for growth potential
Actions
To address these challenges, our consultants:
- Conducted a full review of the business to find any possible weaknesses
- Assessed the needs of the business through an analysis of the management, technology, and financial areas of the organization
- Identified the key areas holding the most promise for growth
- Developed projections of potential growth
- Assisted the organization in developing a detailed business plan and presentation in order to obtain venture capital
Results
At the conclusion of the project all the key success factors had been achieved, and the client was highly satisfied with the project deliverables and the value added by Schroeder & Schroeder Inc. Our actions resulted in:
- The development of strategic alliances for the client
- Serious negotiations with potential investors for venture capital
- An effective business planning package that covered all of the necessary areas
- A sound business that avoided major pitfalls and is now running smoothly