12 January 2018
Article

Qualified mentor sparring ensured growth for JJ X-Ray

JJ X-Ray is today part of DTU Science Park’s mentor programme. The company had encountered a number of challenges with business development and organization, which are typical for scale-ups which have been on the market for a number of years. The process with CEO Christian Mammen and the mentor team has helped lift JJ X-Ray.

“The course of our mentor programme has been a fantastic journey. Before entering the programme, I was unsure about whether growth was possible and whether this was of interest to us at all. With the mentors’ help, we now have a well-structured organization, and we have grown 60% in a year and a half. I no longer have any doubt that this is the right development for ensuring our future. The sparring that I’ve received has been a huge help!” says Christian Mammen, CEO of JJ X-Ray.

Read more about Team Mentoring.

Legal & accounting

Discipline owner: NJORD Law Form & Grant Thornton

Purpose

Ensure that all necessary business documents are in place, comply with legal requirements, and prepare the company for potential future investments.

To ensure that the startup can create reliable and accurate financial reporting and manage its liquidity, essential for conducting business and reporting to investors.

How?
  • 1:1 coaching on using accounting systems, reporting VAT/taxes, and setting up P&L budgets and liquidity budgets.
  • 1:1 coaching on how to use the tools and processes to be ready to attract, hire, and train new employees.
  • You will have access to templates that you can use as inspiration for employment contracts, director agreements, confidentiality agreements, etc.
Outcome
  • Budgets
  • P&L structure (Profit and Loss)
  • Tax including company structure
  • Financial reporting