Through providing ancillary services to canna-businesses, Doyen Elements brings significant value-add to start-up and emerging ventures in the industry, as highlighted below.
With a multitude of service offerings, the Company provides its clients with a one-stop-shop for all of their real estate, management consulting, industrial equipment, green construction, and research and development needs. For example, canna-businesses seeking consulting services to create a high- producing and efficient grow facility may also be interested in purchasing Doyen’s industrial grade grow equipment. Further, the same company may also benefit from the Company’s green construction services that will lower the client company’s operational costs and levels of efficiency.
Operators in the cannabis industry will find that they can save money and resources by using Doyen’s services to perform duties that were once performed in-house. For example, it will be less expensive for canna-businesses to allow Doyen Elements to administer risk management, quality control, safety, supply management, and financial services than to pay employees or hire additional staff to do the same services. In addition to saving on hiring and retention costs, canna-businesses will rest assured that they are in good hands partnering with a company that has significant experience in the start, growth, and exit of businesses within the industry.
Through utilizing Doyen Elements ancillary services, canna-businesses can focus their time and efforts on their areas of specialization. For a growing firm, that may mean focusing efforts on producing a higher yield of grows. For a distributor, it may mean having more manpower and time to capture market share and innovative new avenues to distribute their products. Doyen Elements will help its clients not just to save money, but also to save time that can be efficiently used towards improving their overall craft and product offering.
Higher ROI on Client Acquisition Costs
Through cross-selling its multitude of services to its existing client base, the Company will essentially be able to reduce it client acquisition costs through servicing one client multiple times. Each successful cross-sell will further increase its average ticket price per client bolstering Doyen’s growth potential and overall profitability.