by D. Maykl Muhammad | Aug 27, 2024 | Strategic Finance Advisory
SUMMARY In competitive markets, businesses can identify growth opportunities by leveraging data-driven insights, innovating around customer pain points, and exploring adjacent markets. Embracing digital transformation, forming strategic partnerships, and focusing on...
by D. Maykl Muhammad | Jul 23, 2024 | Strategic Finance Advisory
SUMMARY Successful entrepreneurs offer valuable financial lessons such as the importance of resilience, exemplified by Jack Ma’s persistence despite repeated failures. Understanding market and user needs, as highlighted by Sandi MacPherson’s experience, is...
by D. Maykl Muhammad | Jul 11, 2024 | Strategic Finance Advisory
SUMMARY Adopting cooperative principles can help grass-roots and social entrepreneurs create sustainable ventures by fostering community, shared resources, and equitable compensation. By pooling resources, offering modest stipends, and ensuring basic needs are met,...
by D. Maykl Muhammad | Jul 8, 2024 | Strategic Finance Advisory
SUMMARY An ideal image to describe a business cooperative would depict a diverse group of individuals working together collaboratively. This could include people sitting around a table engaged in a discussion, working together on a project, or participating in a...
by D. Maykl Muhammad | Jul 6, 2024 | Strategic Finance Advisory
SUMMARY A business owner using Amazon’s fulfillment services blamed increased fees for his company’s bankruptcy, highlighting that entrepreneurship is not for the faint-hearted. Leveraging Amazon’s vast logistics and customer reach can be beneficial...
by D. Maykl Muhammad | Jul 3, 2024 | Strategic Finance Advisory
SUMMARY When a partner exits a company, careful planning and consideration are crucial for a smooth transition. Key factors include a clear buyout agreement, accurate valuation of the partner’s interest, and assessing the financial impact on the company. Legal...
