Christopher Salis - Finest Start-up Advisors

Whatever the nature of their companies, all new entrepreneurs must understand the economic fundamentals that help their businesses thrive. That is true for everyone, but perhaps especially for those who consider themselves more creative than business-savvy.   Being in charge can be overwhelming if you don't have a solid background in business. Understanding how to interpret a balance sheet and a profit and loss statement is just as important as knowing how to make the product or provide the service.   As a successful entrepreneur, you'll need to know (or know how to do) the following things explained by Chris Salis :   The Economic Picture   Many startup founders have no idea where their company fits into the larger economic picture or what impact an economic downturn could have on their company. You don't have to be an economics professor to start and grow your own successful business, but you should understand your economic community.   Tha...

As a new-age ideology, the startup practice has already endowed many with the means, expertise, and experience required to thrive in the ever-changing business climate. So far, this practice has been fueled by tremendous networking potential, intellectual freedom, and cutting-edge tools, all of which have come as hugely beneficial byproducts of rapid digitalization.   Once opened, such a plethora of possibilities enabled us to think more creatively, act more courageously, and succeed more easily. Starting a business in the modern world, powered by the internet and technology, has never been easier - all that is required is a dependable toolkit and a little bravery. Here's what to look for and where to look for it. Read on to discover must-have essential tools for every startup from Chris Salis .   Let There Be an Idea   Assume you've already spent a significant amount of time trying to come up with the next big thing that will catapult you to the top. Instead ...

Startups may appear to be abundant, and they may be, but startups are prone to making startup mistakes. The brutal truth is that 90% of new businesses fail. And when one dies, another emerges to grab the interest of investors and customers alike. With this dismal success rate comes a slew of difficult lessons. Take advantage of previous startups and let their startup errors show you what not to do.   Here, Christopher Salis has explained some of the most common startup mistakes that you should avoid:   Spending Money on Unnecessary Things   Many business owners make one of the most widespread startup mistakes: spending money on expensive office spaces and cool swag instead of investing in talent, incentives for said talent (like 401Ks and competitive health care plans), and tools that can assist track analytics, manage projects, and jump start collaboration.   Consider the benefits of remote work—especially in the first few years of operation—befor...

  Entrepreneurs' jobs, goals, and strategies will change every quarter, if not every day. You want to create or accomplish something that has never been done before. You're going through growing pains and trying to reinvent yourself and your company so that you can deliver an unbeatable, undeniable competitive value. It may seem obvious, but successful entrepreneurs embrace failure, surround themselves with great mentors, and accept responsibility on all levels. Successful entrepreneurs must be willing to learn, adaptable, and reinvent themselves, and they can maintain balance to achieve long-term growth and stability. They set boundaries with themselves so that they are not overly affected or disappointed by the highs — such as successful fundraising — or the lows — such as losing a key customer. If you become too focused on problems and allow the lows to overwhelm you, you will undoubtedly miss out on opportunities to broaden your vision. Here are four must-haves ...

Entrepreneurs provide tried-and-true advice for small business startup success. More and more people are starting businesses today due to the tax breaks and credits provided by the Tax Cut and Jobs Act of 2018. According to a Lending Tree study, entrepreneurs will start more than 3.6 billion businesses in 2020, continuing an upward trend. Here's what Christopher Salis suggests for the success of your startup. Start With a Solid Business Plan Every thriving business begins with a good plan. Creating a business plan for the first time can be intimidating, but it's just a matter of writing down what was already in your head. It should emphasize your short, medium, and long-term goals. The short-term portion of your business plan should include specifics about what you intend to do and how you intend to do it. The long-term plan for rapidly growing your startup can be more flexible, but it should be as precise as possible. Begin Networking ASAP The ...

  Change is difficult — but organizations must embrace it or risk falling behind the innovation curve. They can begin by scrutinizing their most critical business processes. Companies that use SAP systems – one of the most widely used ERP platforms, with methods for workflow management for accounts receivable and payable, order tracking, human resources, and more – can benefit from improving business processes such as procure-to-pay and order-to-cash, but not every business benefits equally. That is why it is critical to be adaptable to understand better the process flow and your organization's unique needs. Evolving best practices and new technologies may necessitate revisiting outdated processes and shifting the emphasis to value. It is often challenging to determine where to begin when there are many ways to improve processes. Here are five suggestions from Chris Salis for businesses to begin driving meaningful SAP process improvements: Improve Accuracy and Speed by...

Chris Salis , a few years ago, started his advising business without knowing that it will turn out into a million dollars business. Little did he know that his passion to guide others will turn into a flourishing business without any employees? In this blog post, we will talk about his achievements as a start-up advisor and about the strategies he developed and followed on his way to a successful business. Chris Salis is a pioneer in his field. Before starting his own business, he worked at a global level and helped businesses like [company name] to multiply their revenue growth. He has been able to understand the challenges faced by startups and help them overcome these challenges through his experience, knowledge and expertise. If we talk about his talents, he can bring positive growth to new startups. Being a tech enthusiast, he has handsome experience in handling the technicality of businesses. He is also a great communicator who can make new clients understand the concept and...