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Business Project Management Roadmap
The Business Project Management Roadmap includes:
ASSESS: Evaluates
the business feasibility of your start-up. Based on the award winning
FastTrac program used by the Kaufmann Foundation for Entrepreneurship
- Save money writing a full-blown business plan by
first learning if the idea can make money and is viable in the
market
- Written and oral report describes 360-degree view
of the strengths and weaknesses of the idea. Areas include team,
product/service, market, intellectual property protection,
operations, and financial (gross margin)
- Help “morph” the idea to leverage its strengths
and strengthen its weaknesses to make it more viable in the market.
- Provides objective, third party review to help
move emotionally attached projects forward faster
- Provides market validation of assumptions about
your business. Helps you see the reality about your business; if you
listen it will tell you the truth. Better to find out now rather
than later in the market
- Deliverable: Feasibility Study
PLAN: Creates
an internal corporate or external investment ready (Bank, SBA, Angel or
Venture Capital) plan.
Based on the feasibility study, the plan expands
the team, product/service, market, intellectual property protection, and
operations sections to create a clear and focused strategy for each.
- Describes the management team (current and
planned), sales and marketing efforts, and a detailed financial
model (bottoms up) to illustrate and validate overall plan for
success
- Adds sources and uses of funds to clearly
describe to investors how the money will be invested to grow the
business
- Deliverables: Business Case (internal corporate) or Business
Plan (external investor)
FUND
RAISING: Creates the plan necessary to identify and
nurture key fund raising resources.
- Identify the best sources of investors based on
the business plan’s focus (e.g. technology, business services,
energy, etc.), the preferences for retention of ownership, financing
level, and exit strategy
- Coordinate with business lawyer to create a draft
of the private placement memorandum or term sheet
- Supports the entrepreneur with strategy sessions
and other coaching to secure funding—and also available to help
raise money
- Deliverables: Fundraising Plan, Private Placement Memorandum or
Term Sheet
LAUNCH: Manage
teams and resources to launch your company on time, on budget, and as
expected.
- Monthly advisory meetings, weekly team and daily
standup meetings ensure proactive communication
- Regularly scheduled or on-demand coaching
provides entrepreneurs with professional development to strengthen
their leadership and management skills and confidence
- After Action Review creates a learning
organization that increases performance and quality, reduces errors,
costs and waste in starting up a new business
- Deliverables: Meeting Agendas and Minutes, After Action
Project Review
Read about our client
successes in Business Project Management. Or, contact us to find out how Ventura Project
Group can help with your key initiative.
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