The
core of the process is the “Opportunity”. Ideas of
would-be entrepreneurs cannot attract
investors during the due diligence process if those
would-be entrepreneurs cannot identify the
exact prospective customers and markets. Opportuni
ty can be explained with market demand
(market share and growth potential, ability to reac
h the customer), market structure and size
(emerging segments or fragmented segments, propriet
ary barrier to entry), margin analysis
(gross margin percentage, competitive capital requi
rement, break even point, economic value
added). Resources include the financial resources
, assets, creative people, and business plan.
Quality entrepreneurs prefer to minimize and contro
l rather than to maximize and own. The
“Bootstrapping” is the style of entrepreneurs start
ing the business.
The core of the process is the “Opportunity”. Ideas of would-be entrepreneurs cannot attract investors during the due diligence process if those would-be entrepreneurs cannot identify the exact prospective customers and markets. Opportunity can be explained with market demand (market share and growth potential, ability to reach the customer), market structure and size (emerging segments or fragmented segments, proprietary barrier to entry), margin analysis (gross margin percentage, competitive capital requirement, break even point, economic value added). Resources include the financial resources, assets, creative people, and business plan. Quality entrepreneurs prefer to minimize and control rather than to maximize and own. The “Bootstrapping” is the style of entrepreneurs starting the business.
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