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MBM Advisory Council

If you are the CEO/President/Owner of a small business and are need of sounding board for your plans for growth, expansion, financing, acquisition, exit or other issues - Minneapolis Business Mentors is the place to come!

We will assemble a panel of advisors where you present your plans and you will get expert advice and feedback. Our Advisory Councils are made up of MBM members and other business owners who have expertise in your area of need. You'll also have an MBM Mentor to follow-up after presentation to provide ongoing coaching and support.

How does it work?

The business owner/CEO completes a template of business questions to be submitted to Advisory Council 30 days in advance of presentation.

 

1. You complete a one-page summary stating your purpose for coming to the Advisory Council. For example you are: seeking additional capital, looking for financing advise, positioning business for a sale, acquiring another company, expanding into a new market, relocating operation, offering a new product line or service, buying a new facility, etc. 

2. With the above done, we'll set a date and time for your to present (live or via web). You will have 20 minutes to make your presentation to the MBM Advisory Council. The ensuing discussion will last for approximately 90 minutes.

3. Plans will be evaluated on the following criteria:

  1. Realistic

  2. Achievable

  3. Ease of understanding

  4. Factors taken into consideration may include:

  • Finances

  • Market conditions

  • Competition

  • Management

  • Proof of concept

  • Pay-back

  • SWOT analysis

  • Timeline

  • Marketing and sales capabilities

The benefits to you include

  • Receive unbiased insights and ideas from third-party point-of-view.

  • Find support in the exploration of new business ideas and concept

  • You can use the MBM Advisory Council on a one-time basis or receive ongoing support from Minneapolis Business Mentors.

  • You will gain a better understanding of the market and industry trends.

  • Gaining ongoing support by an experienced mentor/facilitator.

To get more information or request time to make a presentation, please contact art.shore@mbmentors.org