You may want to consider asking for a Second Opinion in the following situations:
(a) Establishing a strategy
Let's say you are embarking on a new marketing strategy, you may need a Second Opinion. A wrong move could be expensive. Have you considered all the risks involved? Have you done a what-if analysis? What is your backup plan? A Second Opinion can help you bullet-proof your plans.
(b) Project Analysis
If you are investing in a new project, you may need a Second Opinion. New projects have a number of uncertainties attached to them which can have unexpected affect on the profitability of your projects. Is your project completion schedule realistic? Have you established measurable benchmarks? What happens, if things do not go as planned?
(c) New Business Plan
A number of new businesses fail. To reduce the probability of failure, it may be advisable to get a Second Opinion. You may want to risk proof your business plan as much as possible. If you are going to use the business plan to seek funds from investors, banks and/or lenders, you need to make sure that your business plan is capable of answering all their expected questions?
(d) Deciding on brand names
What’s in a name? Quite a lot. Selecting a brand name or the name of your company is very important as the success of your brand depends on it. So before you decide on a brand, we suggest you call us and get a Second Opinion.
(e) Deciding on positioning / repositioning of your products
and services
Deciding on the positioning of the product or service that you are launching is probably the most important decision you will take for the success of your brand. Success or failure of your brand depends on it. So don’t take any risk, call us for a Second Opinion.
(f) New product or service
Launching a new product or service is a difficult decision. We can certainly help you arrive at a decision with high probability of success.
(g) Developing Advertising / Material
Our promoter Avinash Narula runs an accredited advertising agency in India. He has also written a book on the subject. With his vast experience, he has the capability to not only save you money but also make your campaign effective.
(h) Growth plans
Everybody is interested in growing fast. Companies come up with ambitious plans to grow and quite a few times they get into trouble. It is necessary to evaluate that the expected growth is natural or forced. Forced growth is the cause of majority of the problems that companies get into. Call us for a Second Opinion on your growth plans.