Ground Floor Partners

 

 


Frequently Asked Questions

Q: How do I know if Ground Floor Partners is a good match for my business?

A: We can work with almost any legitimate, sustainable business that currently has annual revenue of at least a million dollars, or has the potential to grow to this size. We will be happy to discuss your situation confidentially, and will immediately let you know whether or not we think we are a good fit for your business.


Q: How much do you charge for your services?

A: As a management consulting firm, most of our services are customized for each specific client. Our hourly rates start as low as $125 per hour. The actual rate we charge depends on the type of engagement, the scope of the project, the client industry, the complexity of the work, the specific skill sets required, and other factors.


Q: Do you provide client references?

A: We are happy to provide client references to serious prospects once we have held initial discussions and have tentatively agreed on the scope and structure of an engagement. (See what our clients say about us.)


Q: I need help with my business, but the services I need do not neatly fit into any of the categories listed in your website. Can you still help me?

A: If your company can benefit from a team of senior strategists, marketing experts, or operations consultants, then we are likely to be a good fit. Give us a call during business hours and we will be happy to discuss your situation at no charge.


Q: My company has very proprietary information which I do not want to leak out. Do you sign non-disclosure agreements?

A: Once we have determined that there is a good match between your needs and Ground Floor Partners' capabilities, we can send you a mutual non-disclosure agreement. This agreement protects both parties from disclosure of confidential information. And, if you become a client of Ground Floor Partners, our standard contract provides ample protection that covers most circumstances.


Q: Why don't you list more of your clients' names on your website?

A: Most of our clients insist on strict confidentiality, so we cannot divulge any information about them beyond their industry and a general description of the type of services we provided them.


Q: Do you work with non-profit organizations?

A: Although most of our clients are small or mid-size businesses, we also work with other entities. As long as we are a good fit in terms of skills and expertise we are happy to work with non-profit organizations. In particular, we work with tech transfer departments at major universities.


Q: I am starting a business and need help developing the business concept, researching the industry, and developing a marketing plan. I have very limited funds. Will you work in exchange for equity?

A: We only work on a fee-for-service basis. We do not accept equity, royalties, or payment in kind under most circumstances.


Q: Can you make an equity investment in my business or provide debt financing?

A: Ground Floor Partners is not a lender or private equity firm, and neither do we act as an intermediary in any financial transaction. That said, we can support your search for funding in many useful ways, including the preparation of business plans, investor/lender presentations and supporting documents; and arranging introductions with qualified funding sources. All work of this nature is strictly fee-for-services without guarantee that a deal will be completed.


Q: I need a business plan / strategic plan / marketing plan completed in a week or less. Can you help me?

A: We are willing to go the extra mile for our clients, but we cannot complete most projects in this short a timeframe. Generally, most planning projects take at least 3 weeks, and often, several months in order to assure the high level of quality and accuracy that are essential to success.


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