Dec 18, 2020 | Articles, Sean Answers
What commonly overlooked expenses need to be taken into consideration when starting your own business? The MOST common STARTUP expenses that are either forgotten or don’t have enough money in the budget for is: 5 AREAS YOU MUST BUDGET FOR IN YOUR STARTUP Ongoing costs...
Dec 16, 2020 | Articles, Sean Answers
How do I make my small town restaurant successful? What makes people buy in ANY TOWN and specifically a restaurant which serves multiple needs (gathering place, feeds people and entertains in others as well). Create a setting that is different Create a setting that is...
Dec 15, 2020 | Articles, Sean Answers
How does customer acquisition cost (CAC) affect the company valuation? It is all math as the valuation will be based on numerous items from revenue/ profit and lifetime value of customers to your brand value but let’s focus on CAC. If you pay $1 for a Customer...
Dec 15, 2020 | Articles, Sean Answers
If a company receives a complaint from its customer saying some product they ordered were missing. In this situation what could be the appropriate ways to deal with the problem? Send the parts that were missing and assume they are telling the truth or send a new...
Dec 15, 2020 | Articles, Sean Answers
How do big companies decide which startups that they want to partner with if there are so many startups who want to partners with big companies? They look for future technology and or somewhere this venture will give them a competitive advantage. They buy based on...
Dec 13, 2020 | Articles, Sean Answers
How do you deal with a cheap customer? TAKING A CHEAP CUSTOMER AND MAKING THEM A SPENDING CUSTOMER Why are they being cheap? That is what you need to focus on. Are you providing very limited value to them? Have you shown how valuable you have been to them? Has your...