Tech Start-Ups are Showing Small Businesses New Models to Work and Grow

New York, NY– Whether they succeed or flounder, start-ups and their ways are teaching conventional business wisdom new tricks of trade. The mom-and-pop store has braved and survived the assault of technology and innovation, and small businesses are today more savvy than they were earlier.

Only a third of new businesses in the US survive for over fifteen years, most not making past the first few. The rules of the game however are now more challenging than ever, as the start-up culture begins to catch up.

At the basic level, small businesses are now learning the value of clarifying their business model. This means knowing the ‘whys and for whom’, and fixing the goals and the means to reach them. They must also put more value on what others think of their business idea. Market research and analysis too occupies the top slot of activities that must be done before proceeding any further. It does not end here, and avoidable risks are taken care of by testing the business model with a small target audience.

“The start-up culture is quite organized and has got the basics in place. Their lessons can show small businesses  how to get out of the rut and get smarter and better,” said Strahan McNeil.

Strahan McNeil Partners is a New York headquartered finance firm which operates a global network of over 560 finance professionals redefining their traditional role as ‘financial technicians’. The firm offers specialized financial services that handles audits, restructuring, structured finance, and mergers and acquisitions. Focused on turning knowledge into value and advantage for its clients, Strahan McNeil Partners provides clients with wide ranging financial and accounting services that meet globally consistent norms.

Strahan McNeil Partners is today playing a new role in the capital markets, supporting positive reforms that would strengthen credibility and confidence. The firm actively takes up social responsibility, making it part of its central, working agenda so as to make a real difference to the communities it serves.

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For more information, please visit: www.strahanmcneil.com

Strahan McNeil Partners
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Tel: (646) 681-7423

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