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    Date submitted
  • 19-Feb-2018

Biz-Rocket LLC

Abstract

Innovators in Small Business Management Consulting: Provide small business owners with management consultancy and business intelligence through a simple and powerful automated online tool.

Core Technology: Biz-Rocket is based on the development of algorithms which extract and analyze financial and operational data from small businesses, then deliver automated consulting reports containing:

• Critical ratios and KPIs

• Comparison with key industry statistics

• Holistic business evaluation

• Recommendations to improve business operations and intrinsic value.

Video

Additional Questions

Who is your customer?

Biz-Rocket will predominantly focus within the arena of small businesses and startups. Through extensive market research, we have concluded the small business market is being unassisted and ignored by the large operators in this sphere. Data form 2016 clearly indicates there are 28.8 Million active small businesses in the United States, which corresponds to 99.7% of the total number of business entities in the country. In addition, there are over 500,000 new companies being created each year in the USA.

What problem does this idea/product solve or what market need does it serve?

Small businesses represent 99.7% of US companies. According the Bureau of Labor Statistics, 60% of startups survive until year 3 and 35% until year 10. Most of the failures are caused because of small businesses owners’ lack of management knowledge. Biz-Rocket will access key financial and business information and return a simplified but comprehensive analysis of the company. This will assist owners, managers, and investors, to make better decisions and lead the company on the path of success.

What attributes will make this idea/product successful? Why do you believe that those features will create success?

Biz-Rocket is based on the development of algorithms which extract and analyze financial and operational data from small businesses, then deliver automated consulting reports containing: • Critical ratios and KPIs • Comparison with key industry statistics • Holistic business evaluation • Recommendations to improve business operations and intrinsic value.

Explain how you (your team) will execute to make this idea/product successful? What gives you (your team) an advantage over others already in the market or new to this market?

Octavio Cardoso and Rafael Salles have 30+ years of experience in complex business/project management. They graduated from top US schools: Octavio studied Information Technology Management at NYU, and Rafael studied Entrepreneurship at FAU. They started a consulting business company in 2016 and have helped many business owners in growing their business.