Q. How much does it cost to become an AI Business Advisor®?
A. The package deal is £999 for the training and certification and £99-£199 per month for unlimited licence use (plus VAT).
Q. Do I get exclusive territory?
A. As a sole Certified AI Business Advisor®, no, but as a Runagood® Business Centre, yes.
Q. How close together would we be?
A. We allocate postcodes to provide 1800 small businesses per Centre, which is a total business advice market of £3.5m pa.
Q. What networking is there?
A. We tend to appoint accountant practices as Centres as they have the premises and business client bases. Then, if they don’t have advisory capacity (as many don’t) we link them to consultants whom we’ve certified as AI Business Advisor®s, to work together.
Q. Do you have a database of UK accountant practices?
A. Yes all of them. And we are in regular dialogue with 25% of them (a lot!)
Q. How, or do you, control quality?
A. We do, it’s vital. So we test at the end of training and give money back to those who aren’t competent. Also we monitor client work through our software as it’s all transacted there and we can intervene if there are problems.
Q. How many trainees have you refunded as incompetent so far?
Q. How many have you trained and certified?
A. 72, with another 21 booked.
Q. What does the training consist of?
A. Practical, hands on use of the AI on real businesses, with role play, DISC profiling and feedback.
Q. What after sales support do you provide?
A. That’s the biggest part of our team. The first month after certification we expect daily communication and often undertake screen sharing to solve problems.
Q. What income can I expect?
A. Based on following the action plan and working hard, £2500 per month if you just sell software access and provide no support and up to £20,000 per month if you provide all the services.
Q. I’m an HR consultant. Does this really qualify me to provide business advice?
A. Definitely. It’s exactly designed for that. So long as you have any sort of small business experience, you will adapt easily.
Q. So what areas of a business will I be able to advise on?
A. Marketing, Operations (product/service), Systems & Technology, People/productivity, Finance. Because the AI provides the answers, you facilitate.
Q. At your prices, it’s low risk, so where do I sign up?
A. https://www.eventbrite.co.uk/o/runagood-17092940854 - Choose from the briefing, mentor, coach, or consultant or training sessions, individually or all in one package deal.
Q. Is it possible to use our own company branding within the software platform when using it with clients? I.e. white label.
A. Yes. This will be available in 2020.
Q. Do you have any future plans to incorporate searchable grant funding opportunities into the system?
A. No they change too often!
Q. What is the likelihood of the monthly fees increasing in the future?
A. We maintain forever the rate you start with. Starting rates will rise from 2019.