Tally Xcelerators are independent and experienced experts, able to offer hands on, practical help, advice and support in specific business areas that will help make a difference to business success
Mentoring and coaching mainly deals with behavioral aspects of entrepreneurship, addressing the essential issue of how entrepreneurial competencies and behaviors of business owners influence the conduct, and above all the results of their business.
The program should change partners’ behaviors and foster positive and creative attitudes, help them to develop, refine and improve their entrepreneurial competencies; Tally Xcelerator has to drive partner to have more ‘’awareness on self" – his/her current strengths and weaknesses as a Business Person, this should show his/her current behaviors and also provide a checklist to change to drive towards success.
Inadequate access to finance remains a major obstacle for many of our partners and aspiring entrepreneurs in general. Entrepreneurs of all types and sizes require a variety of financial services, including facilities for making deposits and payments as well as accessing credit, equity and guarantees.
Partners may have required capabilities to grow exponentially, but may lack access to finance when required or may not have discipline of managing finance properly.
The method could be through Commercial banks that have introduced products feasible to MSME sector, Micro Finance institutions etc. Facilitate partners to build a robust business plan to seek attention of private investors and ease lending procedures at Banks and Financial Institutions. Gradually, it may also be feasible to attract a pool of investors who can lend loans basis growth risk.
Organization’s work culture depicts the personality of an organization. Work culture has to be aligned with the core values of the organization. Culture needs to be nurtured and sustained through various means such as rewarding people who shadow and live it in their life. Facilitate our partners run a ‘culture driven organization’
Networking will help the organization in various ways – right from generating genuine referrals, sharing ideas, conceptualizing an idea, raising funds etc
Developing a cluster of like-minded individuals/organizations and driving them the path of growth and help develop, participate in business associations, fairs and facilitate networking.
The focus should be on upgrading our partners and MSMEs in general - their ability to meet the scale, quality and cost needs
There are many hurdles that a young partner/business face today, hurdles such as space, funding, legal, accounting, computer services and other prerequisites to run the business.
Tally Xcelerator has to encourage Business Internship, where a young business/potential partner is identified, closely handheld for duration (6 to 8 months) - help set-up infrastructure, help raise required finance, manpower, training etc.
Services have been put together into different packages making it easy and convenient for anyone to choose a particular service or a pack of services.
TX would be executing few major programs under Basic Services, namely Yoddha, BYOB, Business Planning & Review and Enablement of Emerging Channels.
• Hiring assistance
• Basic Assessment
• Advance Assessment
• R & R
• Onboarding New Partner
• Handholding for 1st quarter of operations
• Certificate Sustenance
• Business Plan & Activity/ Event planning
• Monitoring of lead gen activities
• Review of Business plan vs Achievement
• SI- Enablement & Resource orientation
• TRP- Training in Chapter events
• LFR- Enablement & Resource training
• OEM- Enablement & Resource training