Our way of working

Phase 1: analysis

The first step is to find an executive business consultant (EBC) to which the scale-up can agree. Once that is completed, the EBC will do an analysis of the main issues to be dealt with and come up with a subsequent plan of action.  The analysis will take place in a period of max. 2 months. 

 

The EBC will approximately work between 1 to 2 day per week for the client. During this period there will be no cost involved for the scale-up.

 

At the end of this period, the EBC will present a high-level plan to which the client can choose to continue or to end the cooperation per immediate.

Phase 2: Implementation

The first step of phase 2 consists of agreeing on the final contract, including milestones, KPI's and the EBC's

remuneration. The agreement can be for a period of minimal 6 months, preferably 12 months but no longer than 24 months. During this period the EBC will guide your scale-up to achieve the predefined KPI's .

FtB will organize a quarterly feedback meeting with the client and the EBC to make sure all parties remain aligned.

General Terms and

conditions

The remuneration will be a mix of a small amount of  cash-out and a success related fee in equity. This success fee of equity will be payable at the end of the contract period and only after agreement on the results of the KPI's. 

remuneration

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Coöperatie Frank & the Backs U.A.

Wilhelmina van Pruisenweg 35,

2595 AN, Den Haag

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