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Our goal is to help your business build a solid foundation. To ensure your possibility for success, we assign an advisor to your business to act as a liaison between you and 7:12 Development Group. Your advisor will set up effective management systems and business strategies and manage all of your essential 7:12 business services and will be responsible for overseeing the overall completion of your project.
Idea Development/ Implementation – With business development, as with most things, you must start at the beginning. The beginning for business development is an idea or concept of how you can create revenue. 7:12 will assist you in developing your value proposition, perform in-depth market research, and conduct a feasibility study to provide you with the analysis needed to sharpen your focus to a single alternative. The study will also help provide an analysis to help you make the important decision of whether you want to go forward with creating a business around the alternative.
Process Analysis – The first step to improving a process is to analyze it in order to understand the activities, their relationships, and the values of relevant metrics. 7:12 will help your business make improvements in cost, quality, flexibility, and speed.
Process Development/ Management – Once 7:12 has analyzed your company’s processes and determined areas where improvements can be made, we will assist your business in developing and managing an improved process that will increase your company’s bottom line.
Incorporation Assistance – One of the first decisions faced by a business owner is choosing the optimal type of legal entity to conduct the business operations. This is commonly called the choice of entity decision. Entity options include the corporation (C or S), the sole proprietorship (not actually a separate legal entity), the single-member LLC, the partnership and the multi-member LLC. Your advisor will assist you in determining and setting up the proper type of legal entity.
Business Plan Development – Whether you are creating or refining your business plan, our 20+ years of experience allow us to help you develop a business plan that banks, investors and other outside parties expect to see. In addition, the multi-industry, multi-functional backgrounds of 7:12 enable us to assist you in organizing and articulating your business ideas in a professional and complete document, as well as in “fleshing out” your ideas.
Budgeting and Analysis – 7:12 will help you draw up a plan of attack for the year and track the progress you are making toward your goals throughout the year. 7:12 will a develop balance sheet for your business that shows cash balances, accounts receivables, fixed assets, taxes owed and company equity. This is particularly useful to your banker when they are trying to make a decision about a loan. Our financial graphs will help you understand at a glance, your financial data such as monthly sales trends, expenses, profits, etc.
Business Credit Assistance/ Establishment – Business credit is essential in conserving cash flow, keeping track of business expenses and more importantly, protecting personal assets and personal credit history. Business credit is also a way of building your company’s image and identity. 7:12 will provide your company with the essential tools to establish your business credit.
Virtual Office – 7:12 will set up your virtual phone system with a Toll Free 800 Number and Professional Voice Talent that delivers all the power of a “big company” system but with no hardware to buy and nothing to maintain. It’s an ideal telecommunications solution for mobile professionals, home offices and small companies. The virtual office gives you the flexibility to easily configure your virtual phone system to match your needs, whether you work alone or with a team. As your company expands you can add extensions for new employees, create departments, and connect remote offices.
Documentation Development/ Conversion – 7:12 will review your current documentation (i.e. forms, surveys, applications, etc.) and determine if new documents need to be developed. We will then convert all documentation into the proper format(s) for internal and external communication.
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