Moving the entrepreneurship train consistently
When we started SMD Technosol, we just knew one thing – the passion to build our own business. With this passion driving us, we stumbled, walked over, crossed, and jumped across the various hurdles we did not know was going to come our way. These hurdles truly define the journey of an entrepreneur.
With years of experience behind us, we now want to make this journey easier for other entrepreneurs. We know the biggest pain points when you start on your own, and we know how to resolve these pain points so that you can focus on your expertise and your offering.
Over the course of setting up our organization, we understood that it is very important to not let things stagnate. We strongly believe in allowing energy to flow, and hence look at everything like a flow – a flow that is clear of bottlenecks and stumbling blocks that will help you keep moving your business ahead. So, we came up with a flow to support your entrepreneurial journey. We promise that this flow will generate the best results for you.
Have you identified a problem that potentially needs a solution? Or do you already have a product idea? A successful business ideally solves a problem and keeps fine-tuning the solution until it truly resolves the issue that you started with. We will work with you in the ideation stage by organizing scoping and brainstorming sessions, to help you come out with a viable idea for your business. We strongly believe in the value that cross-functional teams bring at every stage of a business, so we provide you with access to a cross-functional team in the ideation stage itself to enable conversations, discussions, and criticism.
You could be a freelancer (a writer, hairdresser, or fashion designer) who wants to establish a business or a product developer who wants to launch the product – either way, you need to understand your market before you take the plunge. We have a detailed process for validating your business or product offering, with detailed research on the potential market opportunities.
Funding and Loans
We work with you to draw up budgets for your business for the next five years. Based on these budgets, we identify the funding source that offers the most optimal return on investment. Being a minority-owned business, we all aware of the various sources of support available for those who wish to start up a new business. We will assist you in applying for grants, and loans, and also make you understand what gets you closer to getting a loan approved. After identifying the best funding source, we will handhold you through the entire process until you get the required money into your bank account.
Business Process and Operations
The initial stages of setting up a business could be very confusing and when not done right could lead to unnecessary spending. We understand how to operate the backend of a business – we know how best to optimize your entire operations. So, leave the monotonous work to us – while we take care of your bills, credit lines, accounting, printing, paperwork, and other infrastructure, you just keep your attention focused on your expertise. We also help you develop a company structure that best optimizes the time spent by every member of your team.
Web Development, Branding, and Marketing
After the backend of your business is set up, you need to reach potential customers. An online presence is imperative if you want your business to succeed. With extensive experience in web and application development, we assist you in creating a brand identity and logo, along with charting out a plan for your marketing presence online and offline. We work with you to create business targets and implement a marketing plan to meet these targets. We consult with you in an ongoing manner to make changes to your marketing plan based on the changing markets.
We understand that despite detailed plans, sometimes the entrepreneurial journey throws unexpected challenges. Hence, as part of our entrepreneurial support, we understand the importance of consistent ongoing support. So, we will be an extension of your team until your business is stabilized and profitable.