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Section 1 Exploratory Phase Download Exploratory Phase We can also call this stage of your business planning venture the pre-feasibility stage. It is critical to your success that you have a firm understanding among all who wish to be a part of the venture about what you plan to do. It is important to question yourselves on critical financial and risk matters and question others who have expertise in such areas as financing, layout of the market, etc. Contents How to Use this Section How Will the Process Start? Working with Groups Cost and Financial Models - Plus Samples Assess Group Skills The Cycle of a Project Questions to Consider Factors in New Business Success Deals From a Bankers Perspective Searching for Capital Making Use of Economic Developers Initial Thoughts on Marketing |
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