Starting and growing a company is risky business—especially in today's economy. Grow's team of experts can add value to your business operation at any stage of growth and can significantly improve your odds of success. We design, implement, and operate business systems that work effectively so that you can focus on the things that made you want to start your business in the first place.
Once your business is thriving, money still doesn't drop from the sky, at least not without a lot of advance work. Your business needs to be investible. That means you must have good ideas, a sound strategy, and access to all the other resources you need...including solid financing for R&D and operations. It also means that you know how to tell a compelling story about your company. We can help you with all of this, and then help you close the deal. Acquisitions and spin-offs are steps on the path to exit events, and we'll help you plan for the big day. And the big rewards.
Acquisitions and ExitsGrow founder Jim Casart is our team leader in supporting business growth from seed phase to exit event. For high-tech companies who utilize government R&D funding for their operations, Jim is one of the foremost advisors in the U.S. in the field of strategic planning, sell-side representation and tax planning. He has consulted on transactions totaling more than $2 billion in value.
Within the field of obtaining government non-dilutive funding, Grow founder Mark Henry is a nationally recognized expert in securing "free" R&D money from the federal SBIR program. Grow provides comprehensive services within the government-proposal arena. With over 1800 proposals under his belt, Mark has sustained a win rate of five times the national average when he and his team members are substantively involved in the entire proposal process. Mark has helped his clients secure hundreds of millions in federal R&D funding.
In the private-sector funding arena, Grow has helped numerous start-ups obtain private equity and debt financing. Our services in this area include business plan and private-placement support, investor introductions, and deal negotiation. The Grow team can help you structure your seed-phase funding so that you keep as much equity as possible, and leverage that position with non-dilutive funding from the federal government. We can help you consider your intellectual property position and what you need to do to protect your IP, and then study your competition, your marketplace, and your customers. We ensure that your business structure, your strategic planning process, and your operations are as tax-efficient and operationally effective as possible.
Once your business is up and running, you may find that the day-to-day administrative details are pulling you away from your focus on your technology or your product offering. Most small businesses can benefit greatly from a CFO's strategic financial advice to help guide business operations, but few small companies can afford these services full-time. Grow's outsourced CFO services can provide you with the strategic accounting, tax, and financial planning services you need so you can focus on your core competencies—at less than the cost of a full-time bookkeeper. At any stage in your business lifecycle, Grow can help you develop and implement the strategy you need to reach your goals, including developing your budgets for efficient asset and cash flow management. Grow can also help you develop systems and processes to ease the administrative burdens of your company operations.
We understand the importance of a good financial system---to tell you where you are, and where you've been…in order to reach the goals that you've set for your business. This financial system should include dashboards, key performance indicators (KPIs), and "smart budgets" to know where you are in relation to your financial projections and goals. Then Grow can help you manage these tools so that your financial performance exceeds your expectations.
The difference between success and failure sometimes seem to be a heartbeat apart. Grow can provide you the business tools you need to keep your business vision in focus and to develop a beachhead strategy, a competitive advantage, and solid financial systems. We help emerging companies transform into profitable, visionary businesses.
This vision is essential to success. Every successful business starts with the end in mind. "If you want to be a big company tomorrow, you have to start acting like one today," said IBM founder Thomas J. Watson. To start with the end in mind means having a vision of the fully operational company of the future and of how you will cash in on its success. This is the North Star of a company. Grow has a process that can help you find your North Star, no matter your company's stage of development.