From the idea to the business plan - identify the types of questions that a reasonable feasibility assessment addresses

5 important questions on From the idea to the business plan - identify the types of questions that a reasonable feasibility assessment addresses

The process of creating useful qualitative and quantitative assessments of an idea's commercial potential and its likelihood of producing revenue growth, financial performance, and value is?

venture opportunity screening

What are the two stages of the two-stage approach for assessing a venture's viability?

1) the first stage emphasis a qualitative assessment using a systematic interview with the entrepreneurial team.
2) the second stage involves applying a more quantitative screen to help determine whether venture investors are likely to fund the metamorphosis.

What is the outcome of the qualitative screening interview?

high average or low commercial potential
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What are the four quantitative factor categories (VOS indicator)?

1) industry/market
2) pricing/profitability
3) financial/harvest
4) management team

What is financial bootstrapping?

financial bootstrapping involves minimizing the need for external financial capital and finding unique sources for financing a new venture.

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