DEVELOP A STRATEGY AND PRIORITIZE RESOURCES FOR THE GOAL OF INCREASING SHAREHOLDER WEALTH
Simpler Explanation: Increase profits to boost shareholder equity.
Without processes, data, forms, functional reports, and financial statements, it’s like running in the dark… and we prefer to run fast.
Start with the following products:
- Develop a standard organizational chart for the joint-stock company
- Establish all single-departmental and inter-departmental operations: Sales, Marketing, Finance & Accounting, HR, IT, Supply Chain Management
- Create reporting forms
- Develop and model real-world processes
- Build Google Sheets and company data
- Apply software flowcharts and reporting forms to the company’s self-developed software (ERP)
4 Customer Journeys to Build in a Business:
- Product Experience Journey
- Employee Experience Journey
- Financial Accounting Experience Journey
- Customer Service Experience Journey
SIPOC: A Thinking Tool for Building Departmental Processes
Software Flowchart for Building Inter-Departmental Process Applications for Enterprise Resource Planning (ERP)
Pros and Cons of Google sheet & Data
1. Pros
– Cheaper than software.
– Cheaper than self-coding + hiring developers to translate the business language for them to understand, and founders are often challenged to understand coding.
– Customize the needs of businesses better for the price: Cheap and customizable is not possible for technology teams or technology products on the market if they do not have enough accumulated case studies in the coding library.
– Make it easy for non-tech or non-finance CEOs/Founders to make decisions; digital transformation is just on paper because most of the problems are cost and professional language; when you don’t understand deeply, it’s very difficult to make decisions.
– Solve the company’s operational problems immediately and avoid multiple data entry.
– Avoid the restructuring work where you have to do a lot of things that are not in the ‘sales generation’ group – which is the main activity of SMEs.
– Leaders have something to do with strategy, budget, and business plans; they see on the internet that many people share about making and deploying annual budgets, but Equitix definitely cannot do it because there is no factual data recorded in the past.
– Leaders have something to make decisions and adjustments, avoid walking the tightrope.
– See where the cross-departmental processes and touchpoints are overlapping in the work.
– From the product journey (product journey), touchpoint process (SIPOC), to automated report forms (dashboard), to job description (JDs) for each position and reorganization of the team in preparation for replication.
– Train managers in data analysis skills and see how much money and costs they are using to achieve the final revenue for the company.
– Familiarity with manual processes facilitates a smooth transition to ERP implementation, enhancing company valuation and potentially increasing P/E ratios.
2. Cons
– Large amounts of data can cause lag, as each time you refresh (F5) a Google Sheet report, the formulas need to run across multiple sheets to produce the results.
– Data entry must be accurate and clearly communicated to employees, along with the reasons behind it, to serve both long-term and short-term goals, thereby helping them ‘find their mission’ in their daily work.
Working with Equitix, you will have:
1. Tax experts at your disposal to provide tax advice, inform you about upcoming tax seminars, advise on legal matters, and adjust your books for tax settlement.
- Size: 50 – 70 billion VND
- Size: 200 – 500 billion VND
- Size: > 1000 billion VND
- Understanding the perspective of the tax authorities.
2. Data and data experts to handle data processing.
3. Professional shareholders with extensive practical experience on the Board of Directors to accompany you.
4. Government relations: Having someone behind your back means having… what you need, right?
5. Taxes often go hand in hand with legal matters.
6. Law on investment in joint stock companies.
7. Top 30 auditing firm in Vietnam established for 11 years.
8. Recruitment and search for talents suitable for the corporate culture.
9. Bank relationships to secure preferential loan packages for managing working capital 341.
10. Relationships with over 100+ investors ready to invest in you with deal sizes ranging from 1 million to 100 million USD with a team with a clear track record and many years of experience.
Moreover:
Equitix offers startup management and administration accelerator programs to equip founders with a deeper understanding of business through a financial lens.
a) Course 01: Finance & Accounting for Non-Finance Founders
Learn financial statements, communicate effectively with the finance team, and make informed financial decisions.
Duration: 10-12 sessions (1.5-2 hours/session)
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Offline (Ho Chi Minh City) |
Online |
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1-on-1 |
590 USD |
472 USD |
|
1-on-1 (Early Registration) |
570 USD |
456 USD |
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1-on-3 |
546 USD |
437 USD |
b) Course 05: Operating, Organizing & Managing Businesses According to the Financial Plan (Revenue, Expenses, Profit)
Develop and manage effective financial plans, optimize revenue, expenses, and profit to improve business efficiency and profitability.
Duration: 8-10 sessions (1.5-2 hours/session)
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Offline (Ho Chi Minh City) |
Online |
|
1-on-1 |
550 USD |
440 USD |
|
1-on-1 (Early Registration) |
530 USD |
424 USD |
|
1-on-3 |
507 USD |
407 USD |
c) 1:1 Financial Consulting Course Based on Case Studies and Business Data
Solve specific financial problems through case study analysis and real-world data.
Duration: 15-18 evenings (session length varies)
Tuition (variable): Determined by individual needs, business model, existing accounting data, and founder’s challenges. Equitix will conduct a 1-on-1 interview to assess these factors.
d) Mentoring Course for F1 – Asset Management
Improve asset management capabilities through a long-term mentoring program with real-world experience sharing and personalized guidance.
Duration: Minimum 12 months (48-52 sessions) (session length varies)
Tuition (variable): Determined by individual needs, business model, and founder’s commitment. Equitix will conduct a 1-on-1 interview to assess these factors.