Solutions for Small Business

A 2022 Statista survey of startup owners found that insufficient funding was the main reason for business failure, cited by nearly half of the respondents as the primary reason for their company's closure. When a company has a solid business model addressing a genuine market need, insufficient funding typically arises from one or more of the following factors:

Foundation Challenges

Building a successful business is like constructing a house. Without a solid foundation, everything else will collapse. In this context, the 'foundation' refers to the company’s software infrastructure and accounting functions. Inefficient internal systems can divert leadership from strategic initiatives to dealing with urgent issues or creating workarounds for broken processes. Improper accounting makes it difficult to develop accurate forecasts, leading to the 'garbage in, garbage out' phenomenon.

Planning Challenges

Business owners need industry expertise and excellent product/service delivery and must address factors like leasing, equipment, legal issues, and marketing. Because of capacity constraints, management often deals with these elements in real-time rather than forecasting costs to create an operational plan and determine the necessary funding to achieve their goals.

Resource Challenges

Small businesses often lack access to the advanced tools and skilled labor that large corporations do due to cost constraints. Startups seeking funding from venture capital and private equity firms must present detailed business plans and advanced financial modeling. However, small companies often lack the expertise and resources to do this independently.

Networking Challenges

Networking is essential for small business owners, much like eating green vegetables – something everyone could do more frequently. Entrepreneurial networking is crucial for meeting investors, gaining influential partners, expanding your team, discovering new clients and opportunities, and gaining exposure to your brand.

We offer five budget-friendly service plans to address these common small business challenges. Each plan is priced separately with a fixed monthly payment schedule, providing flexibility and consistency:

One-on-One with Brian

The “One-on-One with Brian” service category listed in the table above reflects a one-on-one retainer arrangement with Blue Eddy’s CEO, Brian Nudd. Additionally, Brian reviews all work delivered under other service categories and performs these functions for specific clients.

Suppose you want to learn more about how we can help position your small business or organization for continued success and growth. In that case, I invite you to schedule a 30-minute complimentary session with me, Brian Nudd, to discuss your objectives and create a plan. All sessions, including our initial meeting, will be recorded for future reference. You can reserve a spot on my calendar by calling 858-462-5377 or emailing bnudd@blueeddypartners.com.