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Backpocket Strategy

Backpocket Strategy is an Elevate Hennepin business advisor offering up to 25 hours of services at no cost, including:

 

Financial management

  • Impart financial education and literacy including how to read and interpret financial reports
  • Provide financial counseling 
  • Assist in the development of a budget, cash flow, and other financial reports necessary to run a business
  • Collaborate to create financial projections and forecasting
  • Review product/service pricing, cost of goods sold, and other factors that affect profitability 
  • Conduct profitability modeling 

Business strategy

  • Business and strategic plan development
  • Mission, vision development, and goal setting 
  • Industry and market analysis and customer segmentation 
  • Unique value proposition and competitive positioning
  • SWOT Analysis
  • Financial reports, projections, and forecasting 
  • Business profitability modeling

I work with entrepreneurs who historically haven't had access to a trusted, objective, and experienced business advisor. Collaborating with Black, LBGTQ, and women business owners has been my focus for the past 15 years. I provide strategic insight about how best to manage your very limited time, energy, and money when building and sustaining a profitable business. My goal is to help my clients make well informed financial, legal, hiring/retaining, and mental health decisions so they can be less overwhelmed and more confident as a business owner.

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Specialties

Advisors and consultants, African American or Black, Asian and Pacific Islander, Business strategy, Coaches and mentors, Disadvantaged businesses, Financial management, Indigenous / Native American, Latinx, LGBTQIA+, Nonprofit sector, Social impact businesses, Women

Specialization

African American or Black, Asian and Pacific Islander, Disadvantaged businesses, Indigenous / Native American, Latinx, LGBTQIA+, Nonprofit sector, Social impact businesses, Women

Stage

Early growth businesses (1-9 employees), Second stage businesses (10+ employees)

Language

Speaks English

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