- Published on
AOT-07-05-Business-Starting a new business
- Authors
- Name
- Valentin P
- @ValentinP43
1- Market investigation
- Who is our competition?
- What size market share does each competitor have?
- How do their products/services compare to ours?
- Are there any barriers to entry? Such as : capital requirements , access to distribution channels, proprietary product technology, or government policy.
2- VC point of view
2.1- Management
- What is the management team like?
- What are their core competencies?
- Have they worked together before?
- Is there and advisory board?
2.2- Market and Strategic plan
- What are the barriers to entering the market?
- Who are the majors players and what kind of market share does each firm have?
- What will the competitive response be?
2.3- Distribution
- What are our distribution channels
2.4- Products
- What is the product and technology?
- What is the competitive edge?
- What are the disadvantages of this product?
- Is the technology proprietary?
2.5- Customers
- Who are the customers?
- How can we best reach them? Can we reach them on the Internet?
- How can we ensure we retain them?
2.6- Finance
- How is the project being funded?
- What is the best allocation of funds?
- Can we support the debt? ( What if the interest rates change? What if the economy sours?)