Prospect Info

The following is an abbreviated checklist of items that an emerging growth company should consider during its development. The checklist is for your benefit. It is to help organize your thoughts and needs.  The full version is available in our download section.

Number each of the following planning tools
1) Immediate Need 2) May Need 3) Future Need 4) N/A 5) Don't Know 6) Already Have

Business Planning:

____Will this product/service work?

____Do you have a marketing strategy for the product?

____Preparations and evaluation of business plan

The Business Plan:

____Assessment of plan implementation

____Venture structure planning

Market Analysis: Yields information about the market place:

____Product Research- Primary/secondary, market feasibility, industry analysis

____Identification and analysis of target markets

____Competitor analysis

Marketing Plan/Strategy: Details a company's marketing efforts:

___Image and branding

____Promotion and advertising plan

Marketing System: Collecting, analyzing and reporting marketing research information:

____Develop networking skills

____Develop presentation materials

____Management skills and systems development

____Credit process systemization

Management:

____Recruiting board of directors/advisors

____Structure employment agreements

Raising capital:

____Business valuation

____Legal issues/securities laws

____Planning the path to IPO

Products:

____Applications definition and prioritization

____Product design/packaging ideas

Intellectual property:

____Evaluation, licensing and securing of IP status

____Possible infringement analysis

Accounting and finance:

____Select accounting system

____Raising capital issues

____Procurement of part-time CFO or financial/accounting advisor

____Taxes and IRS regulations

Communications system:

____Communication Process

____Implement system

Legal:

____Choose corporate structure

____Confidentiality agreement

Strategic alliances:

____Strategies for strategic partnering

____Candidate identification

____Presentation preparation

____Negotiation: Marketing, distribution, Manufacturing, R&D, Supplier, Customer

Human Resources:

____Employee training and development

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