Frequently
Asked Questions
What is
Quvah?
We take pride in our ability to learn the fundamentals of virtually any industry or technology quickly. Some of the markets we have served include green technologies, medical devices, biotechnology, Internet/e-commerce, telecommunications, distance education/e-learning, real estate, financial services, healthcare services, manufacturing, retail, food service, consumer products, media and entertainment, aerospace, artificial intelligence, enterprise software, insurance, energy, and networking. Having said that, we believe that the value we bring to the table is not industry expertise — which you already possess in abundance — but rather an in-depth understanding of problem-solving and project management.
We help companies hire the right people and solve some of their biggest challenges. This usually consists of some or all of the following services:
- Candidate Sourcing, interviewing, and onboarding
- Human Resource Management Consulting
- End-to-end SDLC Development and project management
- Agile Transformation and Coaching
- Business Intelligence and BIG DATA Analytics
- Machine Learning and Artificial Intelligence
- Data Integration, Modeling, and Warehousing
- Cloud Transformation, Digitization, and Migration
- Data Management, Governance, and Privacy
- Tax planning and filing
- Accounting, Reporting, and Bookkeeping
- Business plan development
- Financial forecast development
- Strategy development
- Market research and analysis
- Competitor research and analysis
- Financial analysis
- General coaching and advisory services
Please note that we cannot help our clients raise capital. This is a service that is heavily regulated. In general, only brokers licensed with the Financial Industry Regulatory Authority (FINRA) can legally offer this type of service. Please make sure that any “finder” you talk to is properly licensed with FINRA before you hire them.
Also, while we are a platform-neutral consultancy, our consultants may have specific expertise in particular systems depending on your desired solution.
Yes, ALL of our services come with specific guarantees that are geared toward that service. For example, our staffing services come with a 60-day guarantee during which we will replace any candidate who defaults on their employment at no extra cost. To know what specific guarantees come with your service, discuss with your Account Manager.
We can sometimes make informal introductions to potential investors or other intermediaries. In general, only brokers licensed with the Financial Industry Regulatory Authority (FINRA) can legally arrange financing. Please seek legal counsel and make sure that any “finder” you talk to is properly licensed with FINRA before you hire them. Failing to do so may expose you and your company to significant liability.
No, we are management consultants, not investors. If any individual affiliated with Quvah LLC or any of its affiliate brands invests in a particular endeavor, they do so at their own volition and not as representatives of our company.
If you run a business, then it’s probably safe to say yes. In fact, you may require more than one business plan: one for raising capital and one for running your business. The former is a compact, easily digested strategic document that is designed to persuade potential investors to pick up the phone and invite you to their offices for an initial meeting. The latter is a more detailed document serving as a day-to-day roadmap, detailing the tactics supporting your overall strategy. The former needs to be an attractive document that sells; the latter can be a collection of spreadsheets, lists, research summaries, and other documents stuffed in a binder that you refer to and update on a regular basis. We specialize in preparing the capital-raising business plan, but many of the by-products are suitable for use in the operating business plan.
WHY
QUVAH?
Most importantly, they work. In a world in which fewer than 1 in 250 business plans ever raise venture capital, we are happy to report that about half of our plans have raised capital, and a good portion of the rest resulted in an acquisition or currently have commitments for investment from prior round investors. Each plan is handcrafted to reflect the client’s specific circumstances, yet share attributes that investors find appealing.
Balance sheets that balance. Cash flows, income statements, and balance sheets that tie together (you’d be surprised by how many consultants who don’t get the basics right). Fully assumption-driven, so that you can do what-if analyses. Depending on your needs, we can include a lot of very sophisticated features – learn more about our financial projections here.
Every situation is unique. Some engagements can take a week or two and others can last for months. However, some fairly common steps include the following:
- Initial discussion to understand your basic needs (Let’s 2 business cases: Staffing services and Business Management Consulting).
- Review your current state (for staffing services: how many individuals are you looking to bring, is this for a particular project, are you anticipating growth and looking for long-term placements, etc. For Business Management, are you seeking seed funding and need to prepare your books and business plans for investors?).
- Follow-up discussion to clarify details and agree upon the scope and fees for the project.
- Several in-depth discussions to better understand the details, develop strategies, and agree on all major elements of the project.
- Conduct additional research, as needed.
- Create an initial draft of deliverable for the project (For Business Management projects, draft an Investor Presentation and review it with you to ensure that all parties agree on the high-level vision. For staffing services, provide an initial list of candidates who experience align with the given requirements)
- Prepare a draft outline of the project (could be a business plan or list of potential candidates) for your review. Obtain and incorporate your feedback.
- Begin filling in the details (Initial interviewing and assessment of candidates).
- Submit initial final deliverable pending any revisions (list of candidates that make it to the next round for in-person or video interviews, Business Plan or investor presentation)
- Wait on feedback regarding deliverables.
- Finalize all deliverables.
- Provide coaching as needed, depending on the project
- Provide ongoing support
For a typical engagement, consisting of a business plan, financial forecast, and investor presentation, the typical time to completion is 6-8 weeks. The average time for us to place a candidate is about 3 weeks but the actual time of all projects can be influenced by the quality of your existing materials, the level of your participation, the complexity of your market and business model, and our current workload.
Yes, but we may need to charge a “rush” fee. We typically work on multiple projects at any point in time, and rush projects can strain our schedules or inconvenience other clients.
Only if you’re always right. One of our jobs is to help you avoid mistakes. We’ll challenge your ideas and assumptions to make sure every decision we’re making is both logical and brings you closer to you goals
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