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 Banker’s Perspective
Searching for Capital
Making Use of Economic Developers
Initial Thoughts on Marketing



Introduction

Exploratory Phase

Business Plan

Creating Your
Business Plan

Case Studies

Reference/Additional
Resources

Links

Back