6. Spark of Idea
Is this a business opportunity?
cc: KhaledR - https://www.flickr.com/photos/34809507@N05
7. Customer Support and Teamwork
Both Small and Large Projects.
What Opportunity or Passion will the business address?
cc: alant79 - https://www.flickr.com/photos/31798876@N02
13. Will Customers see the Value?
We also verified the product design.
cc: Images_of_Money - https://www.flickr.com/photos/59937401@N07
14. What is the Business Plan?
Required Investment, Cash Flow, etc.
cc: Dave Dugdale - https://www.flickr.com/photos/37387065@N05
15. How will you structure the business?
What do you mean? We're partners!
16. Will you be an LLC, C-Corp? The choice has
Legal and Financial impact.
17. Business structure vs.
Organization structure.
These words sound similar, but
they have different meanings.
Business structure refers to the
legal status of a company, such as
sole proprietorship, partnerships
or corporation, involving tax status
and legal regulations
18. is helpful to define responsibilities.
An organizational structure
20. We're ready to Launch the Business!
We have the Product, Research, and Plan.
cc: NASA Goddard Photo and Video - https://www.flickr.com/photos/24662369@N07
21. What is the Value Proposition?
Whoa, Slow Down, Stop.
cc: Curtis Gregory Perry - https://www.flickr.com/photos/33124677@N00
22. Basically what is the Business Model?
How will you create, deliver and capture value?
cc: juhansonin - https://www.flickr.com/photos/38869431@N00
23. Providing useful marketing content.
How will customers learn about you?
cc: spike55151 - https://www.flickr.com/photos/20561948@N00
24. Buying from us will be easy. How?
What are you really offering?
cc: Pete Prodoehl - https://www.flickr.com/photos/35237092540@N01
25. Easy to use Website
helping customers find what they need.
cc: Stéfan - https://www.flickr.com/photos/49462908@N00
26. we have immediate and free technical support.
If customers have additional questions
27. Essential Products
will be available off the shelf.
cc: mightyohm - https://www.flickr.com/photos/28042570@N08
28. Special or Standard Product.
Do you need one or thousands? No Problem.
cc: todbot - https://www.flickr.com/photos/35034345966@N01
29. Credit Card, Bank Transfers, PayPal, etc.
Easy Payment
cc: 4nitsirk - https://www.flickr.com/photos/26223114@N02
32. We will make returns or repairs fast and easy.
Despite the best quality, issues will occur!
cc: W.D. Vanlue - https://www.flickr.com/photos/33869420@N00
33. Who are the Customers?
Engineers, Scientist, Technicians, Students, Research
cc: pennstatenews - https://www.flickr.com/photos/53130103@N05
35. Provide Fast Delivery.
Same day from stock and short lead times on specials.
cc: jcwpdx - https://www.flickr.com/photos/39437133@N00
36. We are a Supportive and Trusted Friend.
What is the message to the customers?
cc: Joi - https://www.flickr.com/photos/35034362831@N01
37. Can we launch now?
Okay, we have outlined the Value Proposition.
cc: NASA's Marshall Space Flight Center - https://www.flickr.com/photos/28634332@N05
38. We need to review a
Few more steps.
cc: Gwenaël Piaser - https://www.flickr.com/photos/22841923@N02
43. Our proprietary and exceptionally fast
Order and Fulfillment Process.
cc: adavidholloway - https://www.flickr.com/photos/55227146@N07
44. Flexible Manufacturing
Ability to provide variations to core design.
cc: Shield Connectors - https://www.flickr.com/photos/45764919@N02
45. Raw Materials.
Stock of long lead time and special
cc: We have moved! Please visit /highwaysengland - https://www.flickr.com/photos/45393120@N07
46. will you Net a Profit?
I see a good value proposition for the customer
cc: eioua - https://www.flickr.com/photos/19185494@N00
47. Let's see, our
costs and
overhead are
low.
The product
conversion
provides high
value.
Yes we should be
Profitable!
cc: Great Beyond - https://www.flickr.com/photos/26104563@N00
49. If you are having
challenges moving
your business to the
next level,
contact
Ferguson Global
Consulting.
We bring success
into focus in today's
changing world.
49
jjferguson@comcast.net
Phone 856 981-8253
50. FGC's expertise includes
• Sales Growth and Business Development
• Product Development
• Manufacturing Transformation
• Supply Chain Enhancement
• Talent Development and Recruitment
• M&A Due Diligence and Integration
• Global Expansion and Scale Up
50
Ferguson Global
Consulting
jjferguson@comcast.net