MaxPoint Advisors

01/01/2023

12/01/2022

Hello Alice is hosting the Keep It Local Business Fund in partnership with Nextdoor Kind Foundation and the NAACP. Small businesses owned by people of color devoted to improving their community can apply to receive a $5,000 grant to use toward future growth.

To be eligible, applicants must be:

-Majority (51%) owned and/or operated by a person of color(s)
-A legal resident of one of the 50 United States and the District of Columbia, excluding U.S. Territories
-Eighteen (18) years of age or older (19 in Alabama and Nebraska)

Preference will be given to businesses in Home & Garden, Personal & Professional Services, Retail, Restaurant/Food Services, Health & Wellness, and Child & Pet Care.

Apply here: https://helloalice.com/funding/grants/

12/01/2022

Nearly half of all working adults are women, and women now make up the majority of students pursuing undergraduate and graduate degrees. Despite these indications that they have the skills and education to be leaders in the workforce, women are still underrepresented in many areas, and the persistent wage gap demonstrates that their work is often undervalued.

This certificate enhances leadership skills and explores both the social and psychological mechanisms that create challenges that professional women often face.

More info & Register here: https://tinyurl.com/bizwomannow

11/22/2022

Grow your potential. Enhance your business acumen.

Our platform offers a premium opportunity for business owners, professionals, and organization leaders to strengthen their knowledge and get certifications in finance, operations, accounting, leadership, data analytics, and more.

View our course catalogue at https://www.maxpointadvisors.com/learn

05/27/2022

Repost from Irwin Stein, Securities & Real Estate Attorney:

Crowdfunding is the least expensive way for any company to raise capital. Each company can now take control of the entire funding process.

Crowdfunding has evolved to the point that, done correctly, every crowdfunding campaign can raise 100% of the funds it seeks, 100% of the time.

I speak with companies who want me to help them find investors. I don’t have all the answers, but I have learned to ask the right questions. I ask the questions that investors are most likely to ask.

1) How much money do you want to raise? Ans: You need to raise enough to get your business to it where you want it to be and some additional amount to be held in reserve because things don’t always go according to plan.

2) How will you spend the money that investors will give you? Ans: You need a realistic budget and realistic cash flow projections. It is always better to promise less and deliver more rather than the other way around.

3) Can you execute? Ans: What makes you think you can operate this business? Do you have the right team in place? If you are going to hire more people you should know how many, what they will do and how much they will cost.

4) Where will your customer’s come from? Ans: Knowing the cost of acquiring each new customer is more important than knowing the amount of your rent.

5) What can the investors expect to receive if you are successful? Promising investors that you will become a unicorn or that you will do an IPO in 5 years is not a good answer. It is often best to structure your business as an LLC and periodically pass through some of your profits to your investors.
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Platforms that we recommend to clients are Fundable and Wefunder!

05/20/2022

5 Benefits of hiring a Fractional CFO...

Financial management is one of the most crucial operations in any company. It's a task that needs to be handled carefully and appropriately. While companies can manage their own finances, hiring a fractional chief financial officer (CFO) is an excellent option.

04/20/2022

If you are a nonprofit Executive Director, President, Board Chair, Board Member, Finance Director, or Development Officer...then I recommend you attend this free session! Go beyond donations and develop an earned revenue model.

Register: https://lnkd.in/dzM8MFTq

01/02/2022

The new calendar year is upon us! It's time to get that business idea off the ground....or maybe give more attention to your current venture.

Schedule a call with us today and see how we can help guide your process.

www.maxpointadvisors.com/mini-cfo

12/18/2021

COVID-19 was the great disruptor for many small businesses in America. For those business owners who are seeking some guidance on how to methodically restart their business, this white paper by Capstone Capital Group, LLC entitled "Restarting Your Business After COVID-19 Mandatory Shutdowns" is a great resource and starting point. Download the white paper here: https://tinyurl.com/22h2a4b4
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Our CFO Advisors and Mini-CFO Advisors can help you strategically navigate the re-opening process by evaluating your pricing strategies, product/service mix, operations structure, and set new financial targets for your business.

Schedule a Discovery Call today with one of our CFO Advisors at www.maxpointadvisors.com

12/17/2021

Instead of asking yourself "How can my business make more money" .....instead, you should think in the terms of DRIVERS.

What drives yours business to grow?

What drives your Profit numbers?

What drives your Revenue numbers ?

What drives your Cost numbers?

Our CFO Advisors can help you navigate these concepts, and in doing so, help you have a more profitable business.

Schedule a discovery call today at www.maxpointadvisors.com

12/07/2021

The Mini-CFO Subscription is your source of guidance and growth for your small business.

30-DAY FREE TRIAL STILL AVAILABLE!

Subscribe at maxpointadvisors.com/mini-cfo