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shuv Chowdhury

I can help you with the design value proposition

Bio

As a serial entrepreneur, I have experienced success and failure both. I am an advocate of "Customer Funded" business. I aim to help grow startup business across the world. I want help startups to connect with all dots of functions: begin with a vision, hypothesis, and concept of product development, customer discovery, marketing and sales, scaling up the business, partnerships, organizational design and fundraising.

Recent Answers

Technical Recruiting

What are great ways to place foreign IT professionals in the Canadian market?


shuv Chowdhury

I can help you with the design value proposition

I think what you need to do is market analysis. According to Labour Market Outlook, there is cumulative hiring requirements in Canada for ICT talent are expected to be over 182,000 by 2019. I think the number will vary by 10-15%. Having said that, I would suggest you focus on the ICT professionals. You have to design your business model, work on customer value proposition and business risk.

Start-ups

How do I evaluate how much I should be paying my company's accountant?


shuv Chowdhury

I can help you with the design value proposition

Hi Well, I understand your need. There are multiple components in accounting itself. List down all activities he is doing such as bookkeeping, Accounting, compliance, and Financial Strategy and Tax Planning. Find out the total transaction of your business and total revenue. Ask yourself do you need a comprehensive service - compliance, Financial Strategy, and Tax Planning? Now each job is different. It all depends on your total revenue, number of employees you have. To minimize the cost you can opt for outsourcing your non-critical work out of Ireland. Companies outsource their accounting and tax jobs in India, and other Asian countries You can save some money. You can also outsource your According job to Ireland based company. According to some industry expert, there is no benchmark however in some cases they say it is 4%. Now before outscouring or employing anyone you should follow the Lean Outsourcing Process to create a Req Document. 1. Write down the problem statement 2. List down all activities 3. List down total transactions 4. Your Total Revenue 5. In the current situation how much you are paying? 6. What is the % account cost you are paying of the total revenue? 7. How many days accounting person comes in a month and year? 8. When you need Most? 9. Create an Analysis document from this activity - define a matrix 10. Finally, create a Requirement Doc. 11. Start Collecting quotations based on this document 12. Keep Interviewing people and select top 3/5 do the price negotiation - 13 Build a Vendor Value Proposition worksheet - who is giving what 14. Finally, Select the best.

Entrepreneurship

Where can I find suppliers for certain products that I want to sell for wholesale prices or discounts?


shuv Chowdhury

I can help you with the design value proposition

I understand your requirement very well. You can find drop shipping companies for these products/brands. There are multiple wholesalers, and drop shippers however here are a few you can connect with - https://brandsgateway.com https://www.salehoo.com Salehoo is the true drop shippers who can tie up with them to sell products directly in your website. However, before building any e-commerce business you have to ensure that you understand the suppliers and the target market.

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