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Patrick Green

Strategy and problem solving, fortune 5 to startup

Bio

Over eighteen years of experience working with senior executives to develop and deploy strategies to improve performance while meeting business objectives. Broad exposure to industries and companies ranging from Fortune 5 to business startups. Skilled in assessing situations, identifying the root cause of business issues, developing improvements, and deploying solutions. Proven business partner who leverages communication to build consensus for change initiatives. Leader with commitment to development of team members and business.

Recent Answers

UX Design

What is the best type and most effective type of UX Journey map that you have seen?


Patrick Green

Strategy and problem solving, fortune 5 to startup

UX journey maps come in all shapes and sizes. Each can be very effective. I feel it's most important to capture specific elements within the journey map. In addition, visual customer journey maps can be much easier to use. For each customer journey stage and step the following should be captured: customer drivers/considerations; expectations of a solution or solution provider (touchpoint with solution or solution provider); what the customer is doing (needs & activities); what the customer is doing; and what the customer is thinking. For each touchpoint, you may want to evaluate the relative importance for the customer. You may also define a process to measure the key touchpoint - measure/metric, how to calculate, data to be captured for calculation, target result, etc.

Incorporation

What should I take into consideration when deciding which state to incorporate in?


Patrick Green

Strategy and problem solving, fortune 5 to startup

My business partner and I just researched and made the same decision. The factors we felt were most important included: filing fees, taxes, business friendly laws and statutes, and our physical location. Delaware, Nevada, and Wyoming are often listed as the top states to incorporate. Delaware is often selected because it has some of the most pro business statutes. Nevada has low taxes and filing costs. Physical location can be very important. If you incorporate in Delaware and are physically located in another state - you will be classified as an out of state filer in Delaware, may pay additional filing fees, need to appoint a registered agent in Delaware, qualify as a foreign filer in your home state, etc. As a result, Delaware's benefits may be more applicable to a large, public corporation. In addition, we found that taxes will be determined based on your business transactions, assets, and other factors. As such, incorporating in a state with low taxes does not necessary mean you will pay low taxes. You will also need to register in each state you conduct business (e.g., material sales, recurring sales, assets, employees). There are lots of factors to consider. A good CPA can prove to be a valuable resource in making this decision.

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