Ian Magley
Randolph, NJ (USA)
Role(s):
Founder/Owner/Principal
Work Pro Designs
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Startup
Location:
Morristown
Industry:
Software
Year Founded:
2014
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Limited Liability Company
Description:
I am a small business consultant in New Jersey working with a software start up client start up. We are helping them to acquire seed money allowing for the full launch of their very powerful industry specific software (SAAS). The vertical, the concrete and paving industry to start, has a very strong need for their solutions and the initial build has performed wonderfully for those participating in testing. We will also be working with them post funding to create and carry out the marketing materials and strategic plans in order to grow properly and significantly upon receiving the needed funds.
The founders are willing and ready to provide various options to ensure comfort and confidence in the ROI potential. The options on the table are:
-A unique, but powerful royalty based return. Within this system the founders would provide a return over 2-5 years based on a monthly revenue based royalty payout. Dependent upon your total investment you wold receive a percentage of revenue each month for an agreed upon amount of time. A guarantee will be in place assuring that at minimum your initial investment is returned, but if sales grow as anticipated your return will increase significantly. The founders may be willing to convert the open balance to equity during future funding periods as well.
-A SAFE (Simple Agreement For Future Equity). A simple agreement that can be made in any amount (we are seeking a minimum of $50,000 per SAFE). This will allow for the money to start working towards the growth and infrastructure needs giving an investor the ability to purchase equity once an true valuation can be in place typically in a second round of funding.
-Equity based on an agreed upon valuation. This would be discussed further during future communications, but we have set parameters that will be very attractive to early investors.
The company website is: (URL removed) Attached is their "pitch deck" and a summary of the software. What impresses us the most is the ability to grow in a such an untapped, in need vertical while having significant cross market opportunities down the road. If you have interest in looking into this further or may know someone who would be please let me know, we are happy to jump on a call, set up a screen share or even set up face to face meetings. The founders are happy to run through the current live build of the software to provide a true vision of it's power and market disrupting potential. Thank you for looking this over and I look forward to hearing from you.
Founder/Owner/Principal
Lauterback Business Advisors
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Service Provider
Location:
Morristown
Description:
Growth & Turnaround Leadership For Closely-Held Businesses
There are three areas of concern in fixing any company. Large or small every business must have stable and efficient operational systems. This includes protocols for making products or performing services, maintaining equipment, inventory control, scheduling and much more. Next, all players must be on the team, interested in making a contribution and willing to be led. Finally, your business needs a robust and sustainable process for finding and keeping customers.
Still Pioneers
As one of the first consulting firms founded to serve the marketing needs of small companies; our commitment to the leaders of these businesses has expanded to the essential processes that challenge profitability and personal satisfaction. You see, success in traditional, highly competitive companies is process driven on all fronts.
From restaurants to small manufacturing businesses, keeping a business in a healthy position depends on properly interpreting market expectations, responding with a better solution, fielding a motivated team and optimizing the infrastructure.
Creating more significant reasons for customers to choose you is an ever escalating challenge in light of better informed customers and smarter competitors. In 1999 we started building robust sustainable processes for finding and keeping more customers. But, staying consistent with your company’s brand promise now takes operational and team building skills not usually found in one advisor.
Services Provided:
- Business Planning
- Marketing/Advertising
- Project Management
- Sales Consulting
- Business Consulting
- Website Development