MOHIRE’S INNOVATIONS

TORONTO, CANADA Vijay Mohire (Vijay_mohire@yahoo.com, +1 647 739 3921)

February 20, 2013

Small Business series

Effective Strategies

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Contents

EXECUTIVE SUMMARY........................................................................................................2

SMALL BUSINESS STARTUP STRATEGIES .........................................................................................2

FUTURE STEPS ....................................................................................................................3

DISCLAIMER ......................................................................................................................3

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Small Business series

Effective Strategies

E XE CUTIVE SUM MARY This document is mainly meant for the clients who wish to know more about services offered by Mohire’s Innovations in area Small business Advisory. This document is meant for illustration purpose and is in draft stage. Please use you’re rational and judgement in using the content. We have provided a simple FAQ for you to judge your current state of Vision for your Dream start up or SME and how we plan to assess your needs.

Small bu siness st artup st rategies Below questions provides you with a quick insights while you design your dream business and how every step is important in the success of the services offered by the Enterprise.

1. Do you have a strategy in mind that can make you succeed in your dream business? Every business needs a

unique approach that has predictable standard quality output that meets or exceeds end users expectations

irrespective of the owner’s needs, preferences , background and desires

2. Do you consult with a Business Architect or Business Consultant like me who can provide models for your

startup that can show clearly various angels of the business, the score cards for each business factor that can

provide insights to the dangers or pitfalls that can be avoided?

3. Did your Architect provide you with the standard framework, layouts, models and samples to showcase how

your new business is able to base its foundation? Very similar to an engineering Architect’s model home

4. Does your plan focus on the niche area of the market segment, target users, and plans for future expansions

and including newer sections of society to cater?

5. Does your Architect have specialized plans and models for his areas of specialty; can he/she showcase and

demonstrate the same?

6. Does your new concept, idea has a means to know ahead of time how well it is going to perform or what are

the risks of entering a totally new market segment or services ?

7. Is there an organization or an Academic professor providing value to the quality and soundness of the service

being offered?

8. While many of the business architects are IT professionals or Engineers; how do you plan to include the non-IT

aspects like Management, Accountancy and most of the ERP services and departments of any business?

9. Is there any provision for the credit, loan facility for the startup that the Architect plans to use from his/her

existing partners in IT, Engineering and other departmental needs?

10. Do you have a fall back plan in case your idea does not materialize; can you reinvest in a totally different area

of service like Catering, Food supply, Retail, Shipping etc that might be more in demand and needs of the

society

11. Does your Architect provide management services like inventory of goods ordered on your behalf and the

related cost management, accounting and related overheads?

12. What process does your Architect have in place to ensure quality, matured process, legal compliance,

transparency in cash flows, and zero- corruption?

13. Since the solution will be IT driven, what are the plans in your Architect’s solution that can help you to run

and operate your business without much knowledge of the technology

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14. Is there a Change management process, scaling up/down resources, staff and other resources for best

utilization and working lean and avoiding wastage of money or anything that does not add value?

15. What are the feature-benefit, value-proposition being quoted by your Architect for the investment you are

making or taking a risk by venturing in this market

16. How does your Architect repeat success in your venture; is there any earlier success story he/she has to quote

17. Is there a plan to have virtual presence worldwide, if so what are the options, resources being used for this?

18. What is the beauty of your solution that has low start up cost, low maintenance and hassle free operations?

19. Is there an angel investor or venture capitalist that agrees to your plan and invests in your solution?

20. How do bring mobility, extensibility, brand for your solution or small business

21. Can you easily setup and bring down your business without going bankrupt?

22. Once you have the beautiful beast called the “Cloud platform” will you be able to operate and scale smoothly

without major breakdown, delays, and disruptions?

23. Do you feel you are successful and your staff can manage without you at times?

24. Do you have a separate policy for business admin and IT Admin? As these are two entities involving human and

non-human assets that needs totally different treatment?

25. How you manage change, replacements, warranties and client disputes

26. Do you have a secure fail proof, hacker proof, anti theft infrastructure and minimum risks

27. Can you get talent at economical rates that can help you in your small business because industrial grade fortune

service providers are costly and you cannot hire them

28. Do you have efficiency, productivity and capable to withstand shocks of any type. Is there a tolerance band for

this, do you know about that. Bigger brands can withstand large shocks but not small ones.

29. Do you have family, friends who can work for you without pay at times to save your business

30. Do you feel confident with your clients and partners who are the real people who help you succeed, if not

what are your plans for that?

The above points can be used for checking the soundness of your existing state of art service and framework in managing your enterprise.

FUTURE STEP S

What can you do from here? Why don’t you invest in developing your business by making your Business advisor? You can you approach me for face to face consultation, coaching and guidance for further projects and improvements. We have programs to suite your needs and well planned and a process oriented workshops with stake holder and business owners. We would be pleased to take you through the steps we understand better and will guide you in your next stage of improved business. We are available at our Toronto address. You can walk in or call us or SMS us for a confidential discussion on your business improvement plans. We respect your privacy and will not request your time and resources unless you request for a service.

D iscl aimer

This document has been prepared for sole purpose of demonstrating author’s work capability and his familiarity in

working with similar tasks This document or its content is not for commercial purpose or for any advertisement but for

self appraisal and educational purpose only. Author cannot be held responsible for the accuracy of the external content

or for any copyrights owned by the respective authors. Please contact author in case of any further clarifications needed

in this regards.