Anyone who has tried to start any kind of business would be well aware that the first few months are always the most challenging and uncertain. Even after one or two years, many companies may still not be profitable, and while running at a loss in the short-term in order to establish long-term profitability is a legitimate business plan in some instances, a lot of the time this is not really the case, and wishful thinking can cause stakeholders to invest more and more into a doomed enterprise.
New businesses need to make sure they don’t go in blind and get a helping hand right from the right talent, a talent like successful fintech entrepreneur and executive management veteran Alessandro Rocco Pietrocola. Alessandro has an impressive track record of generating financial successes for a wide variety of businesses, and has a deep understanding of global finance, especially when it comes to frontier markets like fintech and cryptocurrency.
Comprehensive business planning
While it may not come as a surprise that a business plan is key to success, far too many new enterprises fail to properly construct a comprehensive business plan, and even fewer have any expert oversight to tell them whether or not the plan has any merit to begin with. A business plan is only ever as good as the expertise that oversees it, and that’s why many new enterprises are turning to experts like Alessandro Rocco Pietrocola to develop a winning strategy on their behalf, leveraging their extensive industry expertise.
While hiring Alessandro’s services for business plan development has an upfront cost, many businesses have realised that with the comprehensive and evidence-based plan that they get, they are able to attract larger amounts of investment and support for their new enterprise. The document that is worked on explores all possible options and identifies which present the best opportunities to maximise profitability in as short a time as possible (what those aforementioned investors care he most about).
Business that want to get established in an overseas market that they don’t have experience in have benefited greatly from Alessandro’s expertise, since he has worked in almost all of the major global market centres, including the UK, Asia, Oceania, and the Middle East. This global perspective as proved highly valuable, especially when you consider to increasing globalisation of the world that we live in.
Location, location, location – the magic word for Forex brokerage firms and payment service provider firms
When a new Forex brokerage firms and payment service provider firms want to apply for its license, the most critical decision they face is what jurisdiction they are best suited to start up in. There are more than a few important factors at play in making the best decision in this space, and new Forex brokerage firms and /or payment service providers enterprises need be clear about where they are going to have the most success before making commitments that are hard to unwind.
This is another space where Alessandro’s unique world experience and robust financial expertise has made him an invaluable asset for new ventures. A lot of first-time Forex brokerage firms and payment service firms that are looking for the best jurisdiction to set up shop have engaged Alessandro to get a better idea of what the most cost-effective and prestigious jurisdictions are, with his advice tailored to their specific business model and their preference for how they would like to operate in both the short and long term.
Direct problem-solving consultation
Sometimes even a business that’s doing well will encounter hiccups that they don’t have any prior experience with, and don’t know how to solve as a result. While scrambling for a solution, money is lost and productivity is harmed, two things that are best avoided if they can be.
One of the most frequent ways Alessandro is engaged by businesses is when they need a quick consultation about an issue that they are facing so they can get a detailed answer based on real-world experience dealing with these issues and coming out the other side stronger than before. Alessandro recognises that mistakes and setbacks are necessary for strengthening any business and has eagerly helped those who come to him not only find a way out of their current dilemma but also establish ways to avoid similar occurrences in the future.
Samantha is the head of content and politics columnist for Best in Australia. Prior to joining the Best in Au, she was a court and crime reporter at SM.