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.