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My Experience as a Business Finance Consultant (Part I)

26th February, 2018

Starting a new business comes with a vast array of steps. These are steps, which have to be not just taken but also known about inadvance. As an investor and entrepreneur many of these can be paralyzing, causeinertia, and not allow for forward movement.

And Thus! Business startups hire us “the consultants” to help them with the early steps of an enterprise. To help organizations and people who are behind so many startup businesses, we offer unique expertise that blends diverse entrepreneurial experience, real business insight and practical solutions. The most useful time to seek professional business adviceand support is before starting. We work directly with the client to identify the most critical next steps and help them get executed for greater returns.

We provide consulting to startups in the area of mentoring, venture acceleration, virtual incubation, funding assistance, business planning & projections, financial modelling to simulate market strategies, etc. Startups, if not properly guided are doomed while expansion. Our services are exclusively built for those in infant or sophomore stage to avoid this dooming exit.

This role is always deemed as “Premium” in the market due to the horizon of exposure with its colossal tag of responsibilities. The superlative attributes of being a financial consultant, especially for startups revolve around:

·     The People: Working with entrepreneurs who are out to change the world is awesome. The passion and energy founders bring is contagious and fires me up every day.

·       It's mentally stimulating: At any given time, I'm typically working with 2 or more different startups simultaneously, which means I slice my time up into increments devoted to each startup. This lets me exercise multiple mental muscles to host a web of permutations and combinations for a tailor-made fitting to each of the startups.

·       It stretches limits: Startups are by definition, doing something new; thus, many of the challenges I deal with on a day-to-day basis are also new. Whether it's structuring a new business model, analyzing the reports, or exploring the feasibility of a new strategy. Solving startup challenges is often chaotic, messy, and ambiguous; but pushing the envelope, facing new challenges and blazing new business trails is a thrill, and keeps the job fresh.

·       It's innovative: Related to the above, working with startups means we're always on the front lines of new trends in technology; sometimes way out in front of them. Staying on the cusp of new tech trends takes a lot of energy, but it's fun to see new industries sprout and blossom, and to know you had a (small) role in making it happen.

Charanya Hariharan

Financial Analyst

charanya@candor.in

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