Today’s post highlights 3 ways that Signworld helps owners overcome 3 of the most common and costly challenges to business start-up.
Lack Of Finances
According to SmallBizDaily author Michael Zhou, lack of finances is one of the most common problems that start-ups face.
The Signworld business alliance saves you money and mitigates cash flow issues in a number of ways:
Clear investment requirements from day-one. Most start-ups have no idea what it costs to open their doors for business. Without experience, they’re constantly faced with the fear of the (financial) unknown, so they’re reluctant to invest in growth.
Signworld gives you total investment transparency from day one. In doing so, we promote better financial planning and eliminate that “fear of the unknown.” You can view an itemized breakdown of our investment requirements here.
Compulsory cash reserve. Every member of the Signworld business alliance must include a $30,000 cash reserve in their start-up investment. This ensures that you always have a reserve fund to fall back on in case of emergencies or shortfalls in the early goings.
Exclusive supply discounts. Signworld business partners get access our hard-earned professional networks, which means discounted products and equipment from premium vendors.
Poor Business Planning
“Due to poor planning, many businesses fail in the very first year because they do not effectively factor in challenges and pitfalls,” Zhou writes.
So what are beginners supposed to do? Without experience, even the best laid plans can fall apart.
Trust in the experience and planning of the Signworld business alliance instead. We will help you develop and custom business plan, then support you every step of the way as you work towards your goals.
Signworld has been in business since 1988. In that time, we’ve been refining our proven model year after year. Our 330+ owners have experienced all the challenges and pitfalls that this industry has to offer, and have successfully relied on the collective knowledge and troubleshooting expertise of our business alliance to work past whatever barriers arise. Today, we offer streamlined start-up and unparalleled support with long-term business planning. Learn more here.
Lack Of Mentor
Mentors matter! According to Rhett Morris of Endeavor Insights, whose firm conducted a major study of New York tech firms last year, 33% of founders who are mentored by successful entrepreneurs went on to become top performers. Mentors give you a sounding board for ideas, someone to lean on when major decisions need to be made, and access to incredible experience and local market knowledge.
But legitimate mentors aren’t easy to find, especially in the mercenary world of business where everyone is “in it for the money.”
The Signworld business alliance is packed full of quality mentors. In fact, most of our 330+ owners all act as mentors via our Owners Website, where our partners go to have their questions answered and to seek second opinions. Additionally, you’ll have plenty of opportunities to meet and communicate with the top members of the Signworld team at our annual convention, weekly webinars, and during startup training.
Book A Free Signworld Consultation
Visit https://www.signworld.org or call 888-765-7446 to book your free consultation.