The Thinc Tank

Thinc Strategy helps owners and leaders intentionally create the value they want for themselves, their team, and their business through every life cycle of the business. 

You’ve started your dream business. You have taken the time to find a niche and build out a strategy to ensure your business is on the right path. Now, after becoming an entrepreneur, you have successfully grown your business from startup to a well-established company in your community.

You’ve already achieved great things — things others only imagine for themselves, but what’s next? Now it’s time grow and build upon the achievements you’ve already created. But just as you founded your business with thoughtful intentionality, you need to deliver that same methodical approach to your expansion and growth model.

To grow your company, you must be able to grow your profits. This can be difficult to do in an industry that is not expanding or potentially shrinking. Looking at the projections for your area of the market in the next five to ten years can help you determine if it is time to start planning an expansion for your business, or if it makes more sense to wait for better conditions.

However, just because your industry isn’t growing now, that doesn’t mean it won’t in the years to come. Take the time to plan and look for ways you can improve your current offerings to address customer needs. This can create stability and increased profits in the present market, and better position your business for growth in the coming years.

ARE YOU LISTENING TO THE FEEDBACK OF CUSTOMERS?

Do you find yourself receiving the same questions about products or services from your customers that are just outside your current capabilities? If so, this might be a sign to listen and act based on customer feedback.

The opinions and desires of customers is one of the most effective tools to leverage when growing or improving your business. Listen to what customers repetitively ask for, evaluate how your business could fill that desire, and then act on meeting (and exceeding) their expectations. When you do so, you will likely find that your profits increase along with customer satisfaction, which can be the catalyst for further expansion.

IS YOUR BUSINESS BIGGER THAN YOU CAN HANDLE IN YOUR CURRENT STATE?

A strong and consistent customer base is one of the best signs to expand beyond your current operations. If you find that you constantly have back orders or lines out the door, it is time to look for the next step in your business plan. While the workload and responsibility can feel overwhelming, it should also feel encouraging to know that there are likely large pools of other customers, customers you have yet to reach, that would value your service or product offering.

ARE COMPANY PROFITS STEADY FOR AN EXTENDED PERIOD?

Debt can be the downfall of even the best ideas. If you set your sights on expanding too larger, too fast, you may find yourself the victim of a debt pile that feels impossible to climb out of. But don’t let debt scare you — you do not have to have cash-only to run an effective business, By ensuring that your profits are consistent for an extended period of time, and you can finance a loan at the needed rate without the worry of overreaching, then it’s time to make the move to secure financing for your business expansion.

At the center of each of these points rests the question: Is your business ready to grow and are you ready for the increased responsibility that comes with it? When your answer is yes, without hesitation, then it is time for you to take the information that you have gleaned from these questions and develop your growth model to enter the next phase of business.

Start Your Journey With Thinc Today.

How Do You Know When It’s Time to Expand Your Business?
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This is a staging environment

Acquisition Project Management

Our clearly defined process includes expertise in the areas of management, research, market search, analytics, and reporting

Project Manager
Set up playbook
Research
Set up data room
Campaigns
Campaign Follow-up
Initial Criteria Match/Viability Meeting
NDA Signed, PM Onboarding
Growth Team continues search
Project handoff to PM
Prospect and Process Discussion
Financial modeling and valuation
Advisor to client
Meeting coordination and facilitation
Deal structure recommendations
Due diligence process
Pre-close legal coordination and support
Post-close integration

Acquisition Project Management

Our clearly defined process includes expertise in the areas of management, research, market search, analytics, and reporting

Project Manager
Set up playbook
Research
Set up data room
Campaigns
Campaign Follow-up
pm-step-arrows-wide
Initial Criteria Match/Viability Meeting
NDA Signed, PM Onboarding
Growth Team continues search
Project handoff to PM
Prospect and Process Discussion
Financial modeling and valuation
pm-step-arrows-wide
Advisor to client
Meeting coordination and facilitation
Deal structure recommendations
Due diligence process
Pre-close legal coordination and support
Post-close integration

Evaluate the merits of any business idea

Thinc specializes in conducting comprehensive feasibility studies to evaluate the viability, risks, and rewards of new business initiatives, ensuring informed decision-making and strategic planning for success.
Thinc will conduct individual interviews with key stakeholders to gain an understanding of their ownership goals and future objectives.

Thinc will review a variety of materials from the firm including, but not limited to, the past 3-5 years of financial statements, organization chart, key roles, and other relevant materials.

Thinc will meet with the owners to confirm the direction gleaned from our initial interviews and information analysis. We will use this meeting to refine the direction and inputs for the different models.

Thinc will build out the different options using the provided inputs showing the potential outcomes and implications for each model.

Thinc will present the feasibility study, documenting the various options and models. We will also schedule a follow-up conversation, allowing the owners time for reflection on the study, to answer questions and discuss next steps.

Due Diligence Services

Our Due Diligence services offer a detailed examination of the target company, providing critical insights into risks, opportunities, and financial health to support informed business decisions and successful transactions.

Contracts

Contracts

Ownership Structure
Government Documents
Legal Filings
Client Contracts
Leased Properties

Finance, Tax, Insurance

Financial Statements
Tax Returns
Payroll
Managed Reports

IT & Fixed Assets

Software
Hardware
Furniture
Vehicles

Marketing

Customer Segments
Market Segments

Organization

Current Salaries
Benefits & Bonuses
Hiring & Firing Practices
Employee Engagement

Due Diligence Services

Our Due Diligence services offer a detailed examination of the target company, providing critical insights into risks, opportunities, and financial health to support informed business decisions and successful transactions.

Ownership Structure
Government Documents
Legal Filings
Client Contracts
Leased Properties
Financial Statements
Tax Returns
Payroll
Managed Reports
Software
Hardware
Furniture
Vehicles
Customer Segments
Market Segments
Current Salaries
Benefits & Bonuses
Hiring & Firing Practices
Employee Engagement

Due Diligence Services

Our Due Diligence services offer a detailed examination of the target company, providing critical insights into risks, opportunities, and financial health to support informed business decisions and successful transactions.

Ownership Structure
Government Documents
Legal Filings
Client Contracts
Leased Properties
Financial Statements
Tax Returns
Payroll
Managed Reports
Software
Hardware
Furniture
Vehicles
Customer Segments
Market Segments
Current Salaries
Benefits & Bonuses
Hiring & Firing Practices
Employee Engagement

Evaluate the merits of any business idea

Thinc specializes in conducting comprehensive feasibility studies to evaluate the viability, risks, and rewards of new business initiatives, ensuring informed decision-making and strategic planning for success.
Thinc will conduct individual interviews with key stakeholders to gain an understanding of their ownership goals and future objectives.

Thinc will review a variety of materials from the firm including, but not limited to, the past 3-5 years of financial statements, organization chart, key roles, and other relevant materials.

Thinc will meet with the owners to confirm the direction gleaned from our initial interviews and information analysis. We will use this meeting to refine the direction and inputs for the different models.

Thinc will build out the different options using the provided inputs showing the potential outcomes and implications for each model.

Thinc will present the feasibility study, documenting the various options and models. We will also schedule a follow-up conversation, allowing the owners time for reflection on the study, to answer questions and discuss next steps.

Start Your Journey With Thinc Today.

How Do You Know When It’s Time to Expand Your Business?

How Do You Know When It’s Time to Expand Your Business?