5/21/2013 Portland, Oregon – Pop in your mints…
Here at The Mint, we have begun to offer a variety of services to fill the needs of our clients as they arise. We began with a humble Virtual CFO offering, an offering that most closely aligns with our skill set. While the offering has met with sporadic success, we have seen a recurrent need amongst those soliciting services, it is a primordial need common to all enterprises: Funding
In response to this emergent need, we are adapting our service offerings to provide marginal companies with the tools and expertise they need both to seek out funding and to concurrently get the company in shape to be able to successfully solicit and deploy said funding.
We generally begin by evaluating their accounting and bookkeeping needs. A brief tour through a company’s financials will reveal much about that company’s state of development and actual prospects. Our bookkeeping and services strive to leverage technology, such as Quickbooks Online (which is emerging as a beautiful platform if one has a relatively fast internet connection and somewhat basic bookkeeping needs, as most startups do), to streamline and automate the bookkeeping function as much as possible. The idea is to pull transactions from the bank and reclassify them.
The process may seem somewhat backwards, especially to the seasoned accountant. Yet, if coupled with strong cash projection techniques, it is hands down the most efficient and cheapest way to process payments and accounting data. Depending upon current processes, we can generally whittle bookkeeping and financial reporting down to 8 hours per month or less per startup client.
Once the bookkeeping house is in order, the hunt for funding can begin in earnest. Currently, we have ongoing funding needs for clients in the following areas:
– Payment processing
– Organic Health and Beauty Products
– Mobile Application development
– Real Estate Investment
– Motion Picture development
– Non-profit Social Services
– Environmentally Conscious Financial Institution
Further, we are in the early stages of establishing investment funds for the following areas:
– The Bolivia Fund: Bolivia is a vastly rich land charged with opportunity. We are fortunate to have great contacts there.
– The Global Venture Fund: This fund is the wild west, it is not for the faint of heart or the shallow of pocket, yet it is a ride that will be the stuff of legend.
All of these ventures and proposed funds are in the concept stage, they are as a baby in the womb, being nurtured, cared for, and protected until their appointed time. Will you be the one to induce labor? If you are an accredited investor in need of an endless fount of creativity, ingenuity, integrity, and business expertise, we have a place for you. To learn more about these opportunities or propose another (ad)venture, please send us an email below.
Adapting to change is the key to survival. While we do not personally ascribe to a macro evolutionary ideology, its survival of the fittest doctrine can be generally applied to companies at the margins. Our services aim to bring these ideas from the margins and give them life, to bridge the gap between fundable projects and funding sources.
It will be an exciting ride indeed.
Stay tuned and Trust Jesus.
Key Indicators for May 21, 2013
Copper Price per Lb: $3.31
Oil Price per Barrel: $95.59
Corn Price per Bushel: $6.40
10 Yr US Treasury Bond: 1.94%
Mt Gox Bitcoin price in US: $122.89
FED Target Rate: 0.11% ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce: $1,375 THE GOLD RUSH IS STILL ON!
MINT Perceived Target Rate*: 0.25%
Unemployment Rate: 7.5%
Inflation Rate (CPI): -0.4%
Dow Jones Industrial Average: 15,388
M1 Monetary Base: $2,482,200,000,000 LOTS OF DOUGH ON THE STREET!
M2 Monetary Base: $10,538,200,000,000