Are you a mature start-ups that is looking for sustainable growth?
Frank & the Backs will help with solid sustainable growth to take your company to the next phase in its existence. This can be on all levels of business from logistics to financials to marketing and HR.
We are looking for mature start-ups that have a Dutch entity and secured a stable level of funding and have a working validated product with traction in the market.
Typical hurdles Frank & the Backs helps out with are, expanding product channels by opening doors, expanding to neighboring countries, legal issues, management coaching, streamlining operations, etc.
Frank & the Backs offers a tailor-made program that lasts between 6 to 24 months. The program consists out of 3 phases.
The first phase, is the analysis phase. This is a period where we will find a suitable C-level business executive from our extensive network. That be your guide to sustainable growth. This C-level executive is referred to us by “Back”. The Back analyzes your start-up and defines business opportunities. This phase is free of charge.
Second is the implementation phase, The start-up will work together with the Back towards the pre-determined KPI's. In this phase, the start-up is obligated to pay a small monthly fee between 1500-2500 Euro.
The third phase, is the remuneration phase here will be determined which KPI,s are achieved and which aren’t. Normally 80% of pre-Determined KPI's are achieved. By achieving KPI's Frank & the Backs and the Back will be rewarded with a success fee paid in either cash or equity. The cash-out fee is determined on the achievements via a no-cure no-pain principle.
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