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Viability Dimensions

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





Business Idea
Product/s
Market
GTM Strategy
Management Model
Economical & Financial
Exit Strategy
Business Idea Viability
 Uniqueness of the Idea
 Value Proposition-Address
Customer pain
 Economic Scenario
 Industry Scenario
Product Viability











Functionalities
Feature Richness & Benefits thereof
Simplicity, Ease of Use for Quick Adoption
Ease of Deployment
User Documentation & Training Material
Product Robustness
Learning from Customer Experience
Readiness for Mass Marketing
Future Scope of Development
New Products Plans
Market Viability








Market Environment
Size of the Market
Sustainability of the Market
Target Market
Pricing & acceptance to Market
Competition & similar products
Competitive Advantage
GTM (Go-to-Market) Strategy & it’s Viability

Customer Awareness /
Demand Creation
• Branding Strategy
• PR, Advertisement &
Promotion Strategy

Customer Acquisition
Plans
• Direct Approach to
Customers & Viability
• Channel Partners
Strategy & Success
Probability
• Business Alliances
Plans & Success
Probability

CRM
(Customer Relationship
Management)
• Customer Delighters
• Repeated Revenue &
Customer References
Management Model Viability














Domain Expertise
Application of knowledge / Skills
Readiness to take More Training
Employee Management & Recruitment
Fitness of System & Procedures
Technology Backing & Enablement
Management of Intellectual Property
Management of Identified Risk
Ability to Delegate to Staff
Suitable Organization Structure
Suitability of Management and Quality
Protocols
Ability to measure Business Process
Economical & Financial Viability


Start up Cost



Customer Awareness/Branding Cost Feasibility



Customer Acquisition Cost



Product Deployment Cost



Customer Support Cost



Cost of Customer Relationship Management



Channel Development Cost



Capital Requirement



Production Cost



Inventory/Working Capital Cost



Operation Costs



Overall Return on Investment



Overall Profitability



Break Even Point



Sustainability of Market v/s Projected Revenue



Ability to Generate Economic Value
Exit Strategy Viability







Define exit strategy
Create wealth from exit strategy
Relate exist strategy to industry
model
Identify potential buyers and/or
strategies
Create capital assets i.e. IP
Schedule exit strategy
Thank You
CA. B.C.Chechani
Indian Chartered Accountant | Entrepreneur | Domain Expert for
CRM, Knowledge Mgmt. & Professional Services Automation

ca.bc.chechani@gmail.com

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Business Feasibility Study Dimensions for Existing Software Product Ventures

  • 1.
  • 2. Viability Dimensions        Business Idea Product/s Market GTM Strategy Management Model Economical & Financial Exit Strategy
  • 3. Business Idea Viability  Uniqueness of the Idea  Value Proposition-Address Customer pain  Economic Scenario  Industry Scenario
  • 4. Product Viability           Functionalities Feature Richness & Benefits thereof Simplicity, Ease of Use for Quick Adoption Ease of Deployment User Documentation & Training Material Product Robustness Learning from Customer Experience Readiness for Mass Marketing Future Scope of Development New Products Plans
  • 5. Market Viability        Market Environment Size of the Market Sustainability of the Market Target Market Pricing & acceptance to Market Competition & similar products Competitive Advantage
  • 6. GTM (Go-to-Market) Strategy & it’s Viability Customer Awareness / Demand Creation • Branding Strategy • PR, Advertisement & Promotion Strategy Customer Acquisition Plans • Direct Approach to Customers & Viability • Channel Partners Strategy & Success Probability • Business Alliances Plans & Success Probability CRM (Customer Relationship Management) • Customer Delighters • Repeated Revenue & Customer References
  • 7. Management Model Viability             Domain Expertise Application of knowledge / Skills Readiness to take More Training Employee Management & Recruitment Fitness of System & Procedures Technology Backing & Enablement Management of Intellectual Property Management of Identified Risk Ability to Delegate to Staff Suitable Organization Structure Suitability of Management and Quality Protocols Ability to measure Business Process
  • 8. Economical & Financial Viability  Start up Cost  Customer Awareness/Branding Cost Feasibility  Customer Acquisition Cost  Product Deployment Cost  Customer Support Cost  Cost of Customer Relationship Management  Channel Development Cost  Capital Requirement  Production Cost  Inventory/Working Capital Cost  Operation Costs  Overall Return on Investment  Overall Profitability  Break Even Point  Sustainability of Market v/s Projected Revenue  Ability to Generate Economic Value
  • 9. Exit Strategy Viability       Define exit strategy Create wealth from exit strategy Relate exist strategy to industry model Identify potential buyers and/or strategies Create capital assets i.e. IP Schedule exit strategy
  • 10. Thank You CA. B.C.Chechani Indian Chartered Accountant | Entrepreneur | Domain Expert for CRM, Knowledge Mgmt. & Professional Services Automation ca.bc.chechani@gmail.com