Free COVID-19 Small Business Response Team Services
With crisis comes opportunity.
We are now offering free consulting services to eligible small businesses in Bledsoe, Franklin, Grundy, Hamilton, Marion, Rhea, Sequatchie, Van Buren and Warren counties in southeast Tennessee.
During these difficult economic times of COVID-19, it is more important than ever that small businesses receive the counsel they need to think entrepreneurially and consider questions on how restructuring aspects of their business model might make more sense. Allocating more capital alone to more failing businesses is sometimes not the most prudent response. That’s why for the remainder of 2020, Startup Champs LLC has agreed to provide free consultation for clients of the TSBDC that are eligible for this special program.
Get ready to start thriving again in a post-COVID economy.
We are in your corner.
Since before its incorporation, the team at Startup Champs LLC has been helped award-winning, profitable startup ventures led by high-net worth individuals to acquisitions made by Fortune 1000 corporations take their businesses to the next level worldwide.
Thanks to TSBDC, now local small business owners can benefit from some of the most modern and agile approaches we have used with our clients worldwide to help your small business become a champion.
After a 1 to 3 hour discovery session with each new client, we make recommendations for either one or more of the following next steps:
1. Increase Revenue
After a series of questions, we will help you diagnose your sales lead generation strategy to make sure that you on your way to understanding new approaches for increasing revenue at a lower customer or client acquisition cost.
3. Identify New Revenue
The most risk averse pathway forward toward establishing new revenue streams is to have your customers, or clients, validate the need through deposits or pre-orders. Together, we put together a preliminary process that utilizes market research, collaborative prototyping, marketing experimentation, and automated sales techniques to help you get there.
2. Reduce Costs
After a preliminary financial analysis, we can help you identify possible expense items and opportunities to reduce your cost of goods sold and other operating expenses for your business operation. Suggestions are then offered on how to reduce costs without compromising quality or effectiveness within your company.
4. Increase Valuation
At the end of this process, with help from our partners we are providing business valuation consulting that can better position with leading business brokers to help you sell your company to the highest bidder so that you are better financially equipped to start a new chapter of business ownership in a post-COVID economy.
Estimated Time Budget Per Client*
Frequently Asked Questions (FAQs)
What can I expect during these consultation calls?
After a discovery session process, we will proceed with co-creating with you a customized checklist of steps towards help you validate ways you can move forward on increasing revenue, reducing costs, identifying new revenue streams, and even increasing your overall acquisition if you are hoping to sell your business. Or, it may be a master plan that helps you focus on all four of these areas. Express your business objectives during the discovery phase of your scheduled calls.
Will I need to take notes during the call?
With your opt-in, every call with us is recorded, transcribed, and then summarized in our system. If you like, we can share these notes with you to make sure you don’t miss out on anything shared. This will also include task items to complete before making the next appointment.
Can any small business receive this assistance?
As long as you are a recognized client by the TSBDC, we can take you through either a part or the entirety of this consulting package process. Any small business owned by a US citizen may accepted into this network. Click here to learn more information.
Will I need to work on anything else when not on the call?
The goal of these calls is to co-create with you a checklist that in the end you will then take with you and complete on your own. While during our time together we act somewhat in a project manager capacity, you must be the one to execute on the mutually-agreed upon task items. If you require additional assistance, please let the consultant that you are looking for additional help outside of yourself and your team. We are here to help.
What are your office hours?
Normally we are in the office at 100 Cherokee Blvd from 7am-7pm weekdays. However, due to COVID-19 we are requesting from our clients that all meetings be conducted either by phone or via online video conferencing using our Zoom account. Please let us know if you require any special accommodations. (And to download Zoom for your laptop or smart device, you may do so by clicking here.)
Can you all help me identify other grant and loans opportunities?
Identifying additional financial assistance in the form of either loans or grants for your small business is not one of the consulting services we provide. For this, we recommend you continue to request assistance with the TSBDC. However, it is our hope that we can help set you on a trajectory that will allow you to increase revenue, reduce costs, and identify new revenue streams so that are in a better financial health and overall better positioning for a post-COVID economy.
